Quote on Market 20th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
Below the Quote on Market 20th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
"The national equity indices surged as Middle East tension moderated with risk of immediate military actions reduced as US dialogue with Iran is expected to take place. The development led the crude price to correct, favouring domestic markets and boosting foreign investors’ sentiments. In the broader market, rapid fall in VIX index and buying was witnessed in rate sensitives and consumer oriented sectors like Finance, Auto and Reality and in anticipation of better Q1FY26 results led by rate cuts benefits, drop in inflationary pressure and rebound in consumer spending. "
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