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

2025-02-08 03:17:27 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

"A rate cut aimed at reviving the slowing economy is a positive indicator. However, yields edged higher as investors were disappointed by the absence of anticipated liquidity measures, leading to profit booking in the indices. Additionally, a downward revision in the near-term growth forecast, influenced by global trade policies and inflation concerns, suggests that the central bank will adopt a cautious and gradual approach to future rate adjustments. While the broader market underperformed, the metals sector gained traction amid expectations of increase in demand."

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

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