Market Quote : Domestic indices wiped out its early gains to close flat Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 06 September 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Domestic indices wiped out its early gains to close flat, tracking mixed global cues. While the energy crisis and ECB interest rate decision later in the week pressurized European markets. Chinese policymakers’ renewed efforts to strengthen its economy boded well for the Chinese bourses. In an effort to stabilize declining oil prices, OPEC+ opted to cut back on the output given the faltering global growth outlook"
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