Quote on Market 06th November 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 06th November 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
"Indian equities defied a global rout, extending their winning run as investors treated the home market as a relative safe harbour amid turmoil abroad. Wall Street was hammered by a sharp tech sell-off as investors weighed the prospect of tougher regulation under Democrats. Large private banks emerged as the prime beneficiaries, their deep liquidity and attractive valuations making them a natural home for this rotational money. A sharp weekly slide in crude, easing U.S. Treasury yields and a firmer rupee further burnished India’s relative appeal. With Fed officials still hinting at further hikes, the U.S. jobs report due later today will be closely watched. Still, as Samvat 2082 draws to a close, the market enters the new Samvat with foreign flows, crude and the currency finally pulling in the same direction."
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