Market Quote 03rd January 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 03rd January 2022 by Vinod Nair, Head of Research at Geojit Financial Services
"Domestic bourses kicked off the New Year on a strong footing supported by banking, auto and IT stocks, following positive cues from global markets. Auto stocks were in focus today as investors digested the mixed auto sales numbers amid the ongoing chip shortage. India’s Manufacturing PMI continued to be in the expansion zone at 55.5 in December supported by strong momentum in production and new orders, although the growth was slower on a sequential basis"
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