Market quote 10th May 2021 By Vinod Nair, Geojit Financial Services
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Below is the Market quote 10th May 2021 By Vinod Nair, Head of Research at Geojit Financial Services
"Domestic bourses continued to ride on its optimistic wave mirroring strong across-the-board buying with metals, auto and pharma stocks leading the rally. U.S job growth significantly slipped its April forecast signalling sluggish momentum in the labour market while a cyber attack hiked the US oil prices. Despite a decline in April auto sales numbers due to the impact of covid lockdowns, the auto sector managed to stay afloat owing to its long term positive outlook"
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