05-09-2024 04:57 PM | Source: Geojit Financial Services Ltd.
Market Quote : The market is now seeking new catalysts, particularly in how the Fed evaluates the challenge of achieving a soft landing says Vinod Nair, Head of Research, Geojit Financial Services
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Below the Quote on Market from Vinod Nair, Head of Research, Geojit Financial Services
"The benchmark indices continued to trade with minor losses due to concern of slowdown in the US & Chinese economy. The market is now seeking new catalysts, particularly in how the Fed evaluates the challenge of achieving a soft landing. Meanwhile, the broader market outperformed, benefiting from positive service PMI data that suggests supportive domestic economic conditions."
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