26-10-2023 06:23 PM | Source: Geojit Financial Services
Market Quote : Till date, the actual domestic Q2 results are below par in comparison to the excited earnings forecasted Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 26 October 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Till date, the actual domestic Q2 results are below par in comparison to the excited earnings forecasted. Similar disappointments are visible in developed economies. Downgrade in earnings and valuation is arising due to risk of further slowdown of the economy due to geopolitical and elevated interest rates. Also selling pressure intensified due to expiry-led volatility influencing investors to stay cautious."
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