2025-03-26 03:53:36 pm | Source: Geojit Financial Services Ltd
Market Quote : Market Sees Profit Booking Ahead of Upcoming US Tariff Announcements Says Vinod Nair, Head of Research, Geojit Financial Services Ltd
Below the Quote on Market by Vinod Nair, Head of Research, Geojit Investments Limited
"The market experienced profit booking after the recent gains, on the back of next week's US tariff announcements. The sectors with higher exposure to the US market, like pharma & IT, have witnessed some selling pressure. Oil prices inched higher driven by US sanctions on Iran and anticipation of a drop in US crude inventories. With the onset of FIIs inflow, revival in domestic fundamentals and favourable valuation, the market is expected to trade with more stability."
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