Geojit Financial Services Ltd

📈 Geojit's Head Investment Strategist, Gaurang Shah, predicts ongoing bullish momentum in the market, fueled by the anticipation of the upcoming budget and general election. 🗳️ With an optimistic outlook on the auto sector, catch more insights in the video! 🚀 #MarketTrends #InvestmentOutlook #ElectionImpact To know more about Global Investments - https://www.geojit.com/globalinvestmentsDisclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Past performance does not guarantee future returns. We do not offer any product which gives guaranteed returns. The information is only for consumption by the client and such material should not be redistributed. #StockMarketUpdate #BankNiftyGains #RupeeStrength #MarketLevels #StockMarketAnalysis #MarketInsights #InvestmentStrategy #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate #Geojit #GeojitFinance #FinancialWisdom #invest #sensex #trading #stocks #sectors #investing #economy #MarketTrends #InvestmentOutlook #ElectionImpact #StockMarketUpdate #BankNiftyGains #RupeeStrength #MarketLevels #StockMarketAnalysis #MarketInsights #InvestmentStrategy #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate #Geojit #GeojitFinance #FinancialWisdom #invest #sensex #trading #stocks #sectors #investing #economy

💼The fundamental factor supporting the rally which has taken the market to record highs is the series of positive news: Q3 GDP growth rate of 7.6%, CPI inflation falling to 4.87%, Manufacturing PMI rising to 56, Brent crude declining to $76 and FPIs turning buyers aided by correction in US 10-year bond yield to 4.23%. 💼These positive economic news is being strengthened by expectations of political stability after the 2024 General elections. 💼Since these positive developments are mostly in the price, the market is likely to wait for incoming crucial data before making further moves. 💼Therefore, the market will be keenly watching the inflation print from the US tonight and the Fed’s message on Wednesday. 💼An important trend in the market is the accumulation happening in the fairly-priced segments like PSU banks and some leading private banks. . . . #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate

💼Global and domestic cues favour continuation of the ongoing rally in the market despite high valuations. 💼FIIs turning buyers, strong DII inflows, exuberant retail investors and thriving IPO market supported by strong economic fundamentals can sustain the rally in the short run ignoring the high valuations. 💼The overarching message from the RBI on Wednesday was that 7percent GDP growth for FY 24 is a conservative estimate. 💼This is an indication of the growth momentum in the economy. 💼A significant trend in the market is the outperformance of the Bank Nifty over the Nifty. 💼Last week while while Nifty appreciated by 3.5 percent, Bank Nifty shot up by 5.5 percent. 💼This outperformance is likely to continue, given the fair valuations of banking stocks, particularly the leading names. 💼For the overall market safety is now in large caps. . . . #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate #StockMarket #inflation #EconomicOutlook #InvestmentOpportunity #EmergingMarkets #MarketUpdate