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30-09-2024 04:57 PM | Source: Geojit Financial Services Ltd
Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd #VinodNair

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

 

"Global markets turned topsy turvy under the threat of rising geopolitical risk in the Middle-East and plausible increase in Yen interest rate which can reduce cross country investments in equity. On the contrary, the Chinese market had a resurgence due to a large stimulus package and cheap valuation. India also weakend under the global pressure and premium valuation while metals are expected to outperform in the near-term. Going ahead the domestic focus will be on the upcoming Q2 results where earnings growth is expected to revert after the dull Q1."

 

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