Market Quote : The market continued to remain range bound ahead of domestic CPI data and weakening rupee Says Vinod Nair, Head of Research, Geojit Financial Services

Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"The market continued to remain range bound ahead of domestic CPI data and weakening rupee. Though inflation is anticipated to drop, investors are maintaining a close vigil on the vegetable prices, which will determine the future rate trajectory. Meanwhile, the Nifty IT index reached a new high after US inflation data met expectations, boosting hopes for a Fed rate cut next week."
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