Market Quote : US Manufacturing Data Sparks Slowdown Concerns, Dragging Domestic Indices says Vinod Nair, Head of Research, Geojit Financial Services
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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