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05-11-2024 05:55 PM | Source: Geojit Financial Services Ltd
Market Quote : The domestic market experienced a sharp recovery says Vinod Nair, Head of Research, Geojit Financial Services
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Below the Quote on Market from Vinod Nair, Head of Research, Geojit Financial Services
"The domestic market experienced a sharp recovery, reclaiming most of the previous day’s losses amid uncertainty surrounding the likely downgrade in Q2 GDP forecast and closely contested U.S. presidential election. However, the recent rebound in domestic manufacturing activity data, along with the expected revival of consumption in the H2, are likely to support market sentiment. Metals led the gains, driven by the anticipation of significant stimulus from China later this week."
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