Quote on Market 09th March 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 09th March 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
"Selling intensified as the Middle East conflict entered its second week with no signs of de-escalation. The sustained rise in crude prices is likely to complicate the RBI’s policy outlook by keeping inflation elevated and posing risks to growth. Additional concerns in the U.S. about potential caps on redemptions in specific funds also contributed to the sell-off. Despite this, the current phase may offer opportunities for long-term investors. Selective value buying in pharma and IT helped limit deeper losses and indicated a defensive stance amid a weakening rupee in the short term."
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