Market Quote : The benchmark index traded on a tepid note following the weak German growth data Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 24 November 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"The benchmark index traded on a tepid note following the weak German growth data, and trading volume was limited due to the US market holiday on Black Friday and India market holiday on Monday next week. However, the banking index has shown resilience despite the RBI's scrutiny towards unsecured lending by the NBFCs, while the US manufacturing PMI data for November is expected to be below forecast, summarizing caution in the short-term."
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