Geojit Financial Services Ltd

💼 The Q2 GDP shocker of 5.4% will weigh on markets, but the impact is unlikely to be big since part of the declining growth was factored in by the market after the disappointing Q2 results. 💼 A sharp cut in the market, if it happens, can be an opportunity to buy since the DIIs will continue to buy during dips. 💼 The question is: what to buy? Segments like pharma, telecom, and digital companies, which are not impacted by the slowdown, can be bought on declines. 💼 In the context of the growth slowdown, the RBI is likely to cut the CRR on 6th December. 💼 The MPC is unlikely to cut rates when CPI inflation is running at 6.2%. 💼 CRR cut will be positive for banks, and, therefore, banking stocks are likely to be resilient. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets