Market Quote - April 29, 2020 - Vinod Nair, Head of Research at Geojit Financial Services

"Nifty closed above the 9500 mark and almost all sectoral indices traded positive, except for the defensives, FMCG and Pharma. Expectations of lockdown measures easing and company specific news about restarting operations, gave support to the markets. The volatile crude oil prices were also up because of a lesser than forecasted increase in US oil inventories. Tomorrow we have the results of index heavyweights Reliance and HUL."

Source : Equity Bulls

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