Market Quote 01 June 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 01 June 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Continuous rise in crude oil prices due to EU’s decision to partially ban Russian oil hindered global market. Indian economy registered a growth of 8.7% in FY22 but is expected to slow down in FY23 to 7.2%, as per the latest RBI forecast. Auto sales data, posted by major manufacturers, witnessed growth in passenger and commercial vehicle segments due to pick up in the construction sector however two-wheeler and tractor segments continued to remain under pressure"
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