Geojit Financial Services Ltd

💼President-elect Trump has already started declaring what he intends to do immediately on his taking office on January 20th. 💼25% tariffs on Mexican and Canadian imports and an additional 10% tariffs on Chinese imports have already been announced. 💼How these countries react to these tariffs remains to be seen. Trump has declared only 10% additional tariffs on Chinese imports indicate that he will be careful not to trigger imported inflation in the US. 💼Market participants will be closely watching this trade space which has become unpredictable. 💼India is unlikely to be impacted in the initial phase of Trump’s tariff plan but may come under Trump’s radar soon since India has trade surplus with the US. 💼Market is likely to consolidate around the current levels since there are no immediate triggers for a breakout or a break down. 💼A major market concern from relentless FII selling is receding since they have turned buyers, though marginally. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets