Geojit Financial Services Ltd

💼 The relief rally witnessed yesterday is unlikely to have a free run in the coming days. 💼 Two sets of factors—external and internal—will restrain a sustained rally. 💼 Externally, the strong dollar and high bond yields in the US will prompt the FIIs to sell on rallies. 💼 Internally, the growth and earnings slowdown will be near-term negatives that will restrain the bulls. 💼 The high valuations in the market, in this challenging macro backdrop, cannot favor a PE expansion that can take the market significantly higher. 💼 Investors should prioritize safety over returns in the current context. 💼 Fairly valued segments like large-cap financials, sectors like pharma and IT with stable demand, and fast-growing segments like digital stocks are likely to remain relatively resilient in a challenging environment. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets