Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

2024-10-14 03:56:07 pm | Source: Geojit Financial Services Ltd

Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

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Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

"Global markets are showing mixed signals as China’s disinflation and weaker economic data suggest a potential further slowdown in global economic growth, already affected by rising geopolitical tensions. Furthermore, the positive impact of the Chinese stimulus package seems to be diminishing. Meanwhile, the Indian market is demonstrating resilience, with subdued Q2 earnings expectations seemingly priced in and oil prices declining. The IT and financial sectors are attracting buying interest after recent corrections."

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Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

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