Market Quote 06 June 2022 By Vinod Nair, Geojit Financial Services
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Below is the daily Market quote 06 June 2022 By Vinod Nair, Head of Research at Geojit Financial Services
"Domestic market moved in tandem with the global peers to open weak and gradually recovered its losses following a positive start in Europe. Oil prices rose after Saudi Arabia raised their selling price adding to the current global inflationary pressure. Better than expected US job data triggered worries on Wall Street as it gives the Fed more room to hike rates. This volatility is likely to continue in both global and domestic markets as investors await monetary policy decisions from major central banks including RBI"
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