2024-12-10 04:40:56 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
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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