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2025-10-17 04:22:36 pm | Source: Geojit Investments Ltd
Quote on Market 17th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
Quote on Market 17th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited

Below the Quote on Market 17th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited

 

"The market has continued its upward momentum, reaching a new 52-week high, largely driven by consumption-oriented stocks, anticipating improved volume growth. Inline earnings from banks and signs of easing asset quality stress have bolstered overall industry optimism. Conversely, the IT index has faced pressure due to concerns over discretionary spending and rising asset quality risks in the U.S. banking system. Global economic disruptions like escalating trade war and slowing economic data have made investors jittery, prompting them to seek refuge in gold, which has surged to a new all-time high. Despite these global uncertainties, the resilient domestic economic performance has bolstered investor sentiment, keeping Indian equities largely insulated."

 

 

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