Market Quote : On the global front, attention will be directed towards BOJ monetary policy and UK inflation data Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 18 December 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"The market started on a subdued note as concerns over oil supply disruptions through the Red Sea and elevated valuations dented investor sentiment. On the global front, attention will be directed towards BOJ monetary policy and UK inflation data. We expect a near-term consolidation in the market due to an unfavourable risk reward after the recent rapid performance, concerns over El Nino, and a slowdown in world GDP"
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