Market Quote : Sequentially, the September India CPI is expected to cool due to ease in food and fuel inflation Says Mr. Vinod Nair, Geojit Financial Services
Below Quote on Market 11 October 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"The total market breadth was strong, as investors believe that the Middle East skirmish will be contained within the region and should not impact the crude price. Amid dovish comments from the US federal reserve, the US 10-year bond yield traded lower. Sequentially, the September India CPI is expected to cool due to ease in food and fuel inflation. And Q2 earning season will kick-start with the IT sector, which has a moderate expectation, however the broad corporates are expected to provide a bumper result."
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Market Outlook: Q2 GDP, FIIs data and global cues key triggers for next week