Market Quote 02 May 2022 By Vinod Nair, Geojit Financial Services
Below is the daily Market quote 02 May 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"The recent hawkish turn by Fed has made investors extra cautious ahead of the upcoming Fed meeting triggering high volatility in the market. The rising dollar index, FII selling spree and elevated commodity prices further hammered the risk sentiment. On the other hand, domestic numbers like GST collection, auto sales numbers and Manufacturing PMI for the month of April gave a sense of an improving economic outlook"
Above views are of the author and not of the website kindly read disclaimer
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
More News
The benchmark indices hovered in a range before ending the session By Ajit Mishra, Religare ...