03-01-2024 05:32 PM | Source: Geojit Financial Services Ltd
Market Quote : The lack of fresh triggers and concerns over valuation influenced investors to stay sidelined Says Mr. Vinod Nair, Geojit Financial Services
Below Quote on Market 03 January 2024 By Vinod Nair, Head of Research at Geojit Financial Services
"The lack of fresh triggers and concerns over valuation influenced investors to stay sidelined. Weak global indicators, like contraction in China & Euro zone manufacturing data, added concerns about global economic recovery in 2024. Importantly, the market was waiting for the FED minutes later today for rate insights. As a rebound in the US 10yr yield and an uptick in the dollar index indicate whether FED may not turn as dovish as expected."
Above views are of the author and not of the website kindly read disclaimer
Latest News
India`s business activity surges to 3-month high in ...
Building Generational Wealth: Key Strategies for Sec...
Paytm Transforms Indian Wedding Traditions with QR C...
India`s tech, durable offline retail market sees 10 ...
Buy Dhaniya Dec @ 7800 SL 7700 TGT 7900-8000. NCDEX ...
``To attract youth towards TV serials?``, Producer S...
Sell Naturalgas Nov @ 283 SL 290 TGT 276-270. MCX - ...
Buy Kapas Apr @ 1528 SL 1515 TGT 1542-1555. NCDEX - ...
South Korean steelmakers call for thorough strategie...
?Unique experience?``, Actress Shahana Goswami on wo...