Market Quote : The INR hitting an all-time low, further evoked the caution Says Vinod Nair, Head of Research, Geojit Financial Services

24-12-2024 04:20 PM | Source: Geojit Financial Services Ltd

Market Quote : The INR hitting an all-time low, further evoked the caution Says Vinod Nair, Head of Research, Geojit Financial Services

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

"The domestic market concluded flat ahead of the holiday, with metal and power stocks dragging performance while FMCG and auto sectors gained from recent corrections. The near-term market trajectory hinges on the outcome of Q3 results and the Union budget, but caution prevails due to a strong dollar, high bond yields, and concerns over rate cuts. The INR hitting an all-time low, further evoked the caution."

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Market Quote : The INR hitting an all-time low, further evoked the caution Says Vinod Nair, Head of Research, Geojit Financial Services

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