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Market Quote 01st September 2021 by Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 01st September 2021 by Vinod Nair, Head of Research at Geojit Financial Services
"Despite a strong opening due to favourable GDP data, domestic indices failed to hold onto its early gains due to profit booking strategy from the recent rally. India’s GDP rose due to the low base effect and was powered by private consumption expenditure & investment. The auto sector showed a flattish trend as sales for August saw a decline following supply constraints"
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