Market Quote : The domestic market recovered well compared to yesterday`s sharp corrections Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 27 October 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"The domestic market recovered well compared to yesterday’s sharp corrections, due to restrained FII’s selling along with moderation in currency and global bond yield volatility. Till date, the Q2 results outcome is decent, which is in-line with the buoyant estimate. Yet, the market is not enthusiastic as we are at the cusp of earnings downgrade in anticipation of further slowdown in the world economy due to elevated interest rate and geopolitical risk."
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