Geojit Financial Services Ltd

💼With the US markets setting new record highs, the global stock market rally appears intact. 💼The steady decline in crude and stability in the US bond yields impart resilience to the stock market despite the lingering tensions in the Middle East. 💼The hope raised by the Chinese stimulus and the cheap valuations of Chinese stocks have the potential to sustain the ‘Sell India, Buy China’ tactical trade for some more time. 💼This presents an opportunity for medium to long-term investors. Of the total FII AUM of $930 billion about 28% is financials which are facing the brunt of FII selling. 💼The sustained FII selling has rendered the valuations of financials attractive in an otherwise over-valued market. 💼More important, financials segment is doing well and is in the pink of health. 💼Q2 results of leading banking names like HDFC, Kotak and Axis indicate improving prospects. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets