2025-01-08 04:30:31 pm | Source: Geojit Financial Services Ltd
Market Quote : Slowing economic growth projections and caution ahead of Q3 numbers added volatility in the market 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
"Slowing economic growth projections and caution ahead of Q3 numbers added volatility in the market. However, the market witnessed a recovery from the day’s low owing to accumulation of beaten-down blue-chip stocks and in expectation of government reforms in the upcoming budget to lift the tepid economy. The near-term sentiment is likely to be subdued due to the rise in US bond yield and fear of fewer rate cuts by the Fed."
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