Market Quote : National Markets Decline Sharply Amid Bearish Global Sentiment Says Vinod Nair, Head of Research, Geojit Financial Services

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

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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."

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Market Quote : National Markets Decline Sharply Amid Bearish Global Sentiment Says Vinod Nair, Head of Research, Geojit Financial Services

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