Geojit Financial Services Ltd

💼 There are strong headwinds for the market as trading begins for the week. 💼 The sharp cut of 4.18% in Nasdaq last Friday has rattled global markets with tech dominated South Korea and Taiwan facing big sell-off. 💼 The escalation of conflict in West Asia, with Iran firing missiles at Israel in retaliation to Israel’s aggression in Lebanon, has hardened crude prices. 💼 Brent has moved above $96. The jobs data from the US is good, and therefore, the Fed will not cut rates as President Trump wants. The rates are likely to be on hold for some time. 💼 The Indian market is likely to surprise today. If the market opens with deep cut of 300 points on the Nifty as the implied open suggests, there is likely to be a strong recovery on DII and retail buying. 💼 It is important to note that the sell-off in US on Friday was a tech-led sell off. This can trigger a rotation from AI trade to non-AI trade which can be beneficial for India. 💼 Rupee appreciating to 94.94 level from the recent low of 96.96 is likely to deter the FIIs from sustained selling in India. GDP growth for FY26 coming at 7.7% and the better-than-expected Q4 results can provide fundamental support to the market.

Domestic equities closed flat today as the market digested the RBI monetary policy outcome. While the governor's supportive measures provided a strong boost to the rupee, a downward revision in growth forecasts and a calibrated inflation outlook led to profit booking. Moving forward, firm bond yields and persistent inflationary pressures are expected to keep both domestic and foreign inflows under close watch. 🏦💹 Stay tuned for more market insights from Geojit. 📊 #MarketWrap #Geojit #IndianMarkets #StockMarket #MarketWrap #Geojit #IndianMarkets #StockMarket

💼 There are some mild positive indications for the market today. 💼 There are signs of weakness in the AI trade in the US, South Korea and Taiwan and rotation away from tech stocks, but it is too early to say whether this will sustain. 💼 The focus of the market today will be on the monetary policy and the message from the RBI Governor. 💼 The MPC is likely to hold rates with a guidance of a rate hike later in the year to combat inflation which is expected to rise in H2 FY27. 💼 RBI is likely to revise the GDP growth for FY 27 downward and CPI inflation upward in the context of the energy shock and its implications. 💼 The most likely policy action is a ‘hawkish hold’, that is, the RBI would hold the rates without any change but would send a hawkish message that inflation is set to rise and, therefore, expect rate hike later this year. 💼 If the RBI decides to act now with a 25bp rate hike, that will move the banking stocks sharply upwards since they would benefit from rate hikes. However, a rate hike would be negative for interest elastic segments like automobiles and real estate. #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #marketoutlook #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #marketoutlook