Market Quote : Auto sector stocks outperformed, driven by Q2 results outcome says Vinod Nair, Geojit Financial Services
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Below the Market Quote by Vinod Nair, Head of Research at Geojit Financial Services.
"Amid increasing global political strain, US treasury yield, and underwhelming IT earnings, the domestic market continued to trade with a minor cut. However, some optimism was evident in the equity market given global efforts to stabilize the West Asia conflict, which deescalated crude prices trend. Auto sector stocks outperformed, driven by Q2 results outcome. Investors are closely monitoring the Q2 earnings season, US Fed chair speak and West Asia developments."
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