Geojit Financial Services Ltd

💼 There are tailwinds that can take the market higher in the near-term. 💼 Clarity on the US-India trade deal indicates that the Indian businesses, particularly exporters, will benefit. 💼 More importantly, the uncertainty over the trade deal and its impact on the Indian economy, which was weighing on the market, has been removed. 💼 The rebound in the US market and the cues from other markets indicate another phase of risk on. 💼 A big positive for the market is that FIIs who were sustained sellers in the market have bought in the cash market in three out of the last four trading days. 💼 The fact that the derivatives market continues to be heavily net short might impart resilience to the market, on expectations of short covering. 💼 Coming to sectoral moves, the ‘Anthropic shock’ will continue to impact sentiments in the IT sector. 💼 On the contrary, banking stocks are likely to gather strength on news of improving credit growth, which will have positive fall out for GDP growth and corporate earnings in FY27. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼 There are a few near-term market trends that are significant. 💼 The Nifty appears to be in a consolidation phase without big moves at the index level. 💼 However, there are big changes within the Nifty stocks with big declines in IT stocks consequent to the IT sell off in the US spreading to India, too. 💼 The sell off has been triggered by Anthropic’s new automation tools that the market fears may replace IT services that are presently outsourced. 💼 The market fears significant margin pressure for Indian IT companies. 💼 What the real impact will be remains to be seen. 💼 In contrast to the weakness in IT stocks, the large domestic consumption-driven segments are doing well and this is reflected in the resilience of leaders like RIL, Bharti, the banking majors and some auto stocks. 💼 After the growth-oriented Budget and trade deals with the EU and US, India’s growth will remain strong facilitating strong domestic consumption. 💼 The low-interest rate regime continues to support the growth of the auto sector and is likely to spill over into segments like air conditioners as summer approaches. 💼 Therefore, the strong domestic consumption story is likely to sustain the resilience of the domestic consumption-driven stocks. 💼 If the cessation of selling and marginal buying by FIIs becomes a trend, the market will gain strength.This is the data point to watch for. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼 There is a risk-off sentiment in global markets. 💼 Bitcoin has crashed to below $ 64000. 💼 Silver is down to $71 from the recent peak of 121. 💼 Even the safe-haven gold has turned weak despite huge uncertainty in global geopolitics. 💼 The tech-heavy Nasdaq has been steadily weakening and is now 6% down from its peak. 💼 The selloff in tech and AI stocks and a departure from AI trade would be good for India in the medium-term, but for that further weakening of the AI trade is required. 💼 So, watch out for the trend in AI stocks. 💼 FIIs again turning sellers in India and increasing their short positions in the derivative markets indicates further weakness in the market in the near-term. 💼 A positive trigger for the market in the form of rate cut from the MPC is unlikely today since the MPC is expected to hold rates. 💼 Any change in the stance also is unlikely. 💼 However the tone of the policy can be dovish and the Central Bank may revise the growth targets for FY27 upwards improving sentiments. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets