Geojit Financial Services Ltd

💼 The range-bound consolidation construct of the market is set to continue. 💼 The bull run in the US is continuing unabated, with Nasdaq setting a new record and closing above 20000 yesterday. 💼 The Magnificent Seven stocks continue their resilience and uptrend despite elevated valuations. 💼 The strength of the mother market, which indicates that the global market rally is intact, is a support for other markets, too. 💼 Even though the US CPI inflation in November at 2.7% has come a bit above the October numbers, this was on expected lines, and, therefore, the expectation of a 25bp rate cut by the Fed is intact. 💼 In India, the November CPI numbers to be released today will be keenly watched. 💼 Market action today will be largely stock-specific with limited moves at the index level. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets