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Below the Quote on Markets by Mr. Vikram Kasat - Chief Business Officer - Advisory and Dealing at PL Capital

“The Indian markets were largely restricted within range today, with the Sensex and Nifty moving modestly higher, reflecting a balancing act of positive domestic factors versus continued global uncertainties. The positive trend was driven by buying interest in select stocks, with IT stocks under pressure due to cautious investor sentiment globally. High crude prices, geopolitical concerns in the Middle East, and problems in the international bond market have been affecting risk-taking tendencies. On the other hand, some of the financials, metals, and small-caps have been contributing towards the positive side of the equation. Moving ahead, the markets will continue to be highly volatile and stock-specific, with crude prices, foreign fund inflows, rupee movement, and international trends being some of the key factors.”

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