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Market Quote : US Manufacturing Data Sparks Slowdown Concerns, Dragging Domestic Indices says Vinod Nair, Head of Research, Geojit Financial Services
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Below the Quote on Market from Vinod Nair, Head of Research, Geojit Financial Services
"The warning signals from weak US manufacturing data added concerns about a potential slowdown in the US economy, which dragged the domestic indices. Further, a sluggish Chinese outlook exacerbated the decline in oil price to a nine-month low. Due to a lack of major domestic triggers, the indices will take direction based on global cues."
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