Geojit Financial Services Ltd

💼 Leading indicators available so far do not indicate a pick-up in economic growth. 💼 GST collections for December have declined 2.97% MoM, indicating a continuation of the slowdown. Therefore, Q3 corporate earnings are unlikely to register a rebound. 💼 This means investors have to focus on segments which will buck the slowdown like IT, pharma, and to some extent, financials. 💼 Luxury consumption segments like hotels, jewellery, and aviation are also likely to post good results. 💼 FIIs are likely to continue with their selling strategy since the dollar remains strong, and U.S. bond yields are attractive enough for FIIs to ignore emerging markets in the near term. 💼 While DII buying can support the market at lower levels, it is not sufficient to take the market higher. 💼 For higher market levels, we will have to wait for indications of growth and earnings recovery. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets