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Market rundown from Geojit Financial Services for the week ended on 2nd September 2017

Published in Investment Tuesday, 05 September 2017 16:39


 
Vinod Nair, Head of Research, Geojit Financial Services Ltd
 
 "Domestic market sentiments remain encouraging with signs of healthy uptick in manufacturing activities and demand, post the GST hiccups. The swift revival in the economic activities has added optimism on faster recovery in earnings post the weak Q1FY18. Economy is expected to return back to its robust growth trajectory on the back of policy actions from government and long term benefits from GST starting to flow in."
 
Anand James, Chief Market Strategist, Geojit Financial Services Ltd
 
"The North Korean impasse did curtail risk appetite, especially with markets looking for cues to further the uptrend. Markets will however take positive cues from the cabinet reshuffle done over the weekend holds the potential for economic reforms reaching ground level, with less than two  years before general elections."
 
 

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