Geojit Financial Services Ltd

💼 Dow moving past 45000 for the first time is an indicator of the strength of the US market rally. 💼 The macro construct in the US - strong growth and declining inflation - supports this rally. 💼 The Fed chief Powell’s remark yesterday that the “economy is in remarkably good shape” is a shot in the arm for the US bulls. 💼 However, there is a concern that the valuations in the US are getting stretched. This concern about high valuations is true in India, too. 💼 In a bull market, valuations can get stretched and, therefore, some caution is always good. 💼 FIIs turning buyers is positive for markets, particularly for largecaps. 💼 The strength in banking stocks has the potential to take the Bank Nifty towards all-time highs. This can help Nifty, too, to move higher. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets