Geojit Financial Services Ltd

💼 The FII buying witnessed in early December completely reversed last week, with FII selling of Rs 15,826 crores. 💼 The out-performance of the US (S&P 500 up 25% YTD) and the relative under-performance of India (Nifty up 14.64% YTD) are driving this change in FII strategy. 💼 The strength of the US economy, robust US corporate earnings, expectation of corporate tax cuts by President Trump soon after assuming office, and the steady appreciation in the US dollar are factors favorable to the US market. 💼 Slowdown in Q2 GDP growth and stagnation in corporate earnings in India have soured domestic market sentiments. 💼 In the short run, there will be market rebounds, which may be followed by renewed FII selling. 💼 A sustained rally is possible only when there are indications of a growth revival in the economy, which is likely in early 2025. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets