Geojit Financial Services Ltd
- No 6/959, No 9/960, 1st FLOOR, THACHOOS ARCADE
PATHIRIPPALA
Palakkad - 679103 -
- Closed for the day
- Sun Closed
- 2nd and 4th Saturday - Holiday
- Closed for the day
- Call Directions
๐ผ Market will continue to be under pressure from the many strong headwinds. ๐ผ The blowout jobs data from the US with 2.56 lakh job creation in December against expectations of 1.65 lakh means the rate cut expectations in 2025 is now down to one. ๐ผ With unemployment in the US down to 4.1%, the economy doesnโt need any stimulus. ๐ผ This good economic news is turning out to be bad news for markets, which were discounting many rate cuts this year. ๐ผ For India, the Brent crude rising to $81 is a concern. However, the IIP data for November at 5.2% indicates that the economy is recovering from the slowdown in Q2. ๐ผ The strength of the US economy augurs well for IT stocks, which have been resilient even during weakness in the market. ๐ผ Pharma and healthcare stocks will be under less pressure since the demand situation is good. ๐ผ With the US 10-year bond yield above 4.7%, FIIs will continue to sell, offering opportunities for long-term investors to buy reasonably priced large-caps, particularly in banking. ๐ผ The broader market will continue to be under pressure. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets