20-12-2023 05:13 PM | Source: Geojit Financial Services Ltd
Market Quote : The recent uptick in crude prices prompted investors to book profits Says Mr. Vinod Nair, Geojit Financial
Quote on Market 20 December 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"The domestic market saw a sharp and abrupt sell-off in the second half, despite the positive trend in global peers. This is attributable to profit booking from the recent sharp rally stretching valuations of mid- and small-cap stocks. The recent uptick in crude prices prompted investors to book profits. Most of the sectors witnessed decline, with the least fall in FMCG, banking, and IT"
Above views are of the author and not of the website kindly read disclaimer
Latest News
India`s foreign exchange reserves stand at $657.89 b...
Haryana Minister urges Korean entrepreneurs to inves...
SEBI prohibits online platforms to solicits and sale...
Evening Roundup : A Daily Report on Bullion Energy &...
Divesting Chrome web browser to have a profound impa...
Engineering goods exports shoot past $10 bn in Oct, ...
BJP leader Kailash Gahlot meets BJP National Preside...
Advent agrees to sell Indian packaging firm to PAG f...
Rajnath Singh holds meet with his Philippines, Japan...
Prasar Bharati CEO Gaurav Dwivedi briefs about Prasa...
Tag News
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
Daily Market Analysis : Markets rebounded strongly this week, gaining over 2% after a recent decline Says Mr. Ajit Mishra, Religare Broking Ltd
Bulls roar on Dalal Street, Sensex and Nifty up over 2 pc
Markets moved down further on Thursday after the weakness seen in the afternoon session of Tuesday - HDFC Securities Ltd