Market Quote : The Asian market engaged in profit-booking as Fed minutes indicated that rates will be put on-hold in the near-term Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 04 January 2024By Vinod Nair, Head of Research at Geojit Financial Services
"Market bounced back after the last two negative trading days led by strong monthly business updates of leading banks, emphasizing robust credit growth. The Realty sector was the highest gainer in anticipation of robust demand in the residential category, which was supported by healthy housing loans disbursement data announced by banks. The Asian market engaged in profit-booking as Fed minutes indicated that rates will be put on-hold in the near-term."
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