💼 In the context of the looming uncertainty regarding President Trump’s likely actions, the market is unlikely to rally in the near term.
💼 Sustained FII selling, which touched Rs 7,170 crores yesterday, continues to put pressure on the market.
💼 With the results season underway, the market will witness significant stock-specific action in response to earnings.
💼 Results from TCS indicate that the IT sector will continue to remain resilient.
💼 Banking majors are expected to deliver good results, but FII selling may prevent the sector from performing as expected.
💼 Pharma and select auto stocks, such as Eicher, M&M, and Bajaj Auto, are potential outperformers in a weak market.
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Posted on : 10 Jan 2025 9:38 AM
