Market Quote : The US retail sales figures for April reflected a decrease in demand Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 17 MAy 2023 By Vinod Nair, Head of Research at Geojit Financial Services
In response to weak global sentiments, domestic investors remained cautious as the US market grappled with recession concerns led by recent economic data indicating slowdown. The US retail sales figures for April reflected a decrease in demand, and ongoing debt ceiling negotiations further dampened market sentiment.
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