2025-02-28 06:00:51 pm | Source: Geojit Financial Services Ltd
Market Quote : National Markets Decline Sharply Amid Bearish Global Sentiment Says Vinod Nair, Head of Research, Geojit Financial Services
Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"The national market experienced a sharp decline amid heightened bearish sentiment largely influenced by weak global cues. The decline was largely triggered on fear of the implementation of 25% tariff on U.S. imports from Canada and Mexico, set to take effect next week, along with an additional 10% tariff on Chinese goods. Adding to market jitters, the potential imposition of tariffs on the European Union has further fuelled uncertainty. As investors navigate this volatility, all eyes are on the domestic Q3 GDP data, which could provide vital insights into the economic recovery trajectory and influence market direction."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Daily Market Commentary : The sell-off was broad-bas...
US tariffs: Global brokerage firm Citi sees minimal ...
Evening Track : Gold reaches historic highs as tarif...
Views on Gold by Pranav Mer, Vice President, EBG - C...
Quote on Market Wrap Up by Shrikant Chouhan, Head Eq...
Market Quote : Domestic Markets Plunge Amid US Tarif...
Quote on Gold by Jateen Trivedi, VP Research Analyst...
Quote on Nifty from Rupak De, Senior Technical Analy...
UPI transaction volume up 13.5 pc in March, value at...
Quote on market Wrap : The markets began the new fin...
