Geojit Financial Services Ltd

💼 RBI’s latest projection of 6.8% GDP growth in Q3 FY25, based on trends in high-frequency data, is positive news. 💼 However, the downward revision of FY25 GDP growth to 6.4% from the initial projection of 7.2% reflects a poor assessment of the economy by the central bank. 💼 Realistically, this has to be followed up by a rate cut by the MPC in February. 💼 The economy also needs fiscal stimulus now to achieve a growth rate of 6.6% in FY26. 💼 Going forward, the market will be expecting both fiscal and monetary stimulus. 💼 These expectations can keep the market in a consolidation phase in the near term. 💼 The market reaction after the Budget and monetary policy will depend on the policy initiatives. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets