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2024-09-30 04:57:22 pm | Source: Geojit Financial Services Ltd
Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services

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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