10-12-2024 04:40 PM | Source: Geojit Financial Services Ltd
Market Quote : The domestic market concluded on a flat note, a rebound from the lows suggests buy on dip strategy 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
"The domestic market concluded on a flat note, a rebound from the lows suggests buy on dip strategy. China's additional stimulus plans did not boost Asian market sentiment. The broader market outperformed, maintaining its positive trend led by mid & small caps. IT index reached new highs in anticipation of improvement in US IT spending . Upcoming inflation data from the US and India are critical for insights into potential future rate cuts. India's CPI will serve as a key indicator of underlying earnings growth, which has been downgraded in H1FY25."
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