Quote on Market 30th October 2026 by Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 30th October 2026 by Vinod Nair, Head of Research, Geojit Investments Limited
"Persistent inflation concerns kept equities under pressure despite the ECB and BoJ joining the Fed in holding rates, while renewed anxiety around AI valuations spilled over into Asian markets. Sentiment weakened further as crude oil extended gains amid fresh reports on U.S.-Iran tensions, triggering broad-based selling across mid- and small-caps. Large-caps showed relative resilience, supported by IT, where selective buying emerged amid a rotation away from global AI plays, while pharma and healthcare gained on encouraging earnings and defensive demand."
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