Quote on Daily Market by Vikram Kasat - Chief Business Officer – Advisory and Dealing at PL Capital
Below the Quote on Daily Market by Vikram Kasat - Chief Business Officer – Advisory and Dealing at PL Capital
“Indian equities witnessed a volatile session today, with the Sensex and Nifty staging a recovery after the previous session’s sharp sell-off. The benchmark indices gained around 1%, supported by buying across FMCG, auto, banking, financial services, PSU banks and oil & gas, while IT, pharma and metals remained under pressure. Elevated crude prices, higher bond yields, a weaker rupee and continued FII selling remain key concerns for investors. Going ahead, volatility is likely to persist, with global cues, crude prices, currency movements and expectations around the US Fed’s policy trajectory likely to influence market direction.”
Above views are of the author and not of the website kindly read disclaimer
Tag News
Index Recovers Gradually, Closes at Day's High - GEPL Capital Ltd
More News
Quote on Post market comment for Monday October 12 Hitesh Tailor, Technical Research Analyst...
