Market Quote : The domestic market is trying to show some signs of a recovery from the recent lows as the Diwali festival approaches says Vinod Nair, Head of Research, Geojit Financial Services

29-10-2024 05:36 PM | Source: Geojit Financial Services Ltd

Market Quote : The domestic market is trying to show some signs of a recovery from the recent lows as the Diwali festival approaches says Vinod Nair, Head of Research, Geojit Financial Services

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd #VinodNair

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

"The domestic market is trying to show some signs of a recovery from the recent lows as the Diwali festival approaches. A notable decline in crude oil prices is bolstering market sentiment, though it also indicates a potential slowdown in global demand. Currently, stock-specific action related to ongoing Q2 earnings, which is largely weak, is expected to drive the market sentiment in the near term. PSU Banks have rebounded from recent corrections, driven by positive initial earnings reports, while auto stocks declined due to disappointing results."

Above views are of the author and not of the website kindly read disclaimer

IGI Logo

Market Quote : The domestic market is trying to show some signs of a recovery from the recent lows as the Diwali festival approaches says Vinod Nair, Head of Research, Geojit Financial Services

Top News

Tag News

More News