Market Quote : The recent uptick in crude prices prompted investors to book profits Says Mr. Vinod Nair, Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
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
Tag News
Weekly Market Analysis : Markets gradually declined by ~ 2% during the past week, primarily ...
More News
Pre-market comment by Deven Mehata, Choice Broking Ltd
