26-07-2024 04:22 PM | Source: Geojit Financial Services Ltd
Market Quote : Investors are adopting buy on dip strategy, refocusing on quarterly earnings and stock-specific trends says Vinod Nair, Head of Research, Geojit Financial Services
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Below the Market Quote from Vinod Nair, Head of Research, Geojit Financial Services
"The domestic market experienced a substantial rebound on the start of the next month expiry, recovering from the recent losses incurred following the Union budget. This upturn was driven by positive reactions to the better-than-expected US GDP, which augurs well for global demand. Investors are adopting buy on dip strategy, refocusing on quarterly earnings and stock-specific trends. Notably, gains were observed across sectors, with Metals and IT leading, and midcaps outperforming."
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