Quote on Market 27th March 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 27th March 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
"Indian equities ended lower after a volatile session as rising bond yields coupled with negative cues from western markets and mixed Asian performance kept investors on the edge. Profit booking set in after the recent two-session rally as the rupee fell to an all-time low amid sustained FII selling, while escalating tensions in the Middle East heightened caution among investors ahead of the weekend. The sell-off was broad-based, led by banking, chemicals, realty, and auto stocks. Near-term sentiment remains fragile amid geopolitical risks and potential earnings downgrades due to supply shocks, though medium-term pressures may ease as valuation gaps with other emerging markets narrow."
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