Quote on Markets 10th April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Below the Quote on Markets 10th April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
“Today’s performance of Markets reflects a decent recovery, driven by strong buying in financials and selective value hunting after yesterday’s sharp decline. The rebound was supported by easing global cues and a recovery in domestic sentiment, though the broader market remained cautious with rotation away from recent outperformers. On the sectoral front, banking and financial services led the gains, while realty also saw decent buying interest. IT stocks came under pressure after TCS results and profit booking in the sector. Auto and FMCG remained relatively subdued amid ongoing demand concerns and high valuations. Overall, while the bounce is positive, we expect the market to remain range-bound in the near term. Sustained upward momentum will depend on global stability, FII flows, and upcoming corporate earnings, with investors likely to stay selective and favour quality stocks.”
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