2025-01-15 06:26:29 pm | Source: Geojit Financial Services Ltd
Market Quote : The domestic market continues to be volatile on account of elevated US bond yields, strengthening dollar, and increasing FIIs outflows Says Vinod Nair, Geojit Financial Services
Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"The domestic market continues to be volatile on account of elevated US bond yields, strengthening dollar, and increasing FIIs outflows. Global markets are cautious ahead of the US December CPI inflation data, which is anticipated to be in the elevated range in the short-term, limiting FED’s ability to cut rates. Also, a rise in oil prices & dollar appreciation is likely to affect domestic inflation in the near future."
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