Market Quote : The market traded range-bound after touching a new high as higher-than-expected US inflation Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 14 September 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"The market traded range-bound after touching a new high as higher-than-expected US inflation and anticipation of hawkish ECB policy meetings later today impacted investor sentiment. Concern over valuation and inflation trajectory due to increasing oil prices may navigate the market into a consolidation phase in the near-term."
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