Market Quote : This comes in the context of moderated growth expectations, as the RBI recently revised its growth projection downwards Says Vinod Nair, Head of Research, Geojit Financial Services

2025-01-07 04:09:28 pm | Source: Geojit Financial Services Ltd

Market Quote : This comes in the context of moderated growth expectations, as the RBI recently revised its growth projection downwards Says Vinod Nair, Head of Research, Geojit Financial Services

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd #VinodNair

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

"Amid positive global cues indicating no major concerns regarding HMPV, the domestic market partially recovered from yesterday's sharp sell-off but traded within a range ahead of the critical first advance estimates for India's FY25 GDP. This comes in the context of moderated growth expectations, as the RBI recently revised its growth projection downwards. In the near term, the market is expected to remain cautious, awaiting signs of earnings recovery during the upcoming result season, while also dealing with ongoing FII selling which is driven by the strengthening dollar, rising US bond yields, and reduced expectations of further rate cuts."

Above views are of the author and not of the website kindly read disclaimer

IGI Logo

Market Quote : This comes in the context of moderated growth expectations, as the RBI recently revised its growth projection downwards Says Vinod Nair, Head of Research, Geojit Financial Services

Top News

Tag News

More News