Geojit Financial Services Ltd

💼In the near-term, the market is likely to be weighed down by the huge FII selling which has touched Rs 24960 crores cumulatively during the last three days. 💼 Therefore the largecaps in sectors like financials and IT where FIIs have huge assets under management may underperform. 💼 This trend will change when FIIs turn buyers, which is inevitable. 💼Meanwhile long-term investors can accumulate these high quality largecaps where margin of safety is high in an otherwise highly valued market. 💼There is excessive speculative activity in stocks where the floating stock is very low. 💼 Retail investors venturing into these speculative activity is highly risky. 💼Today’s monetary policy meet is not expected to impact the market since any rate action by the MPC is unlikely. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼As the market comes back to normalcy after the abnormal volatility of the last three days, the global construct has turned favourable with rising possibility of rate cuts by the Fed. 💼Clear signs of weakening labour market in US has led to sharp decline in the US bond yield to 4.29 %. 💼Even though this is favourable for foreign capital inflows, the FIIs continue to sell on high valuations in India particularly in comparison to the cheap valuations of Chinese stocks. 💼In the near-term we have political stability but political developments will continue to weigh on markets. 💼A concern in the market is that the BJP’s dependence on allies might put economic reforms on the back burner impacting growth and thereby corporate earnings in the long run. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼The market will take some time to absorb the unexpected election results. 💼 Stability will return to the market soon but volatility will continue till there is clarity on the cabinet and the key portfolios. 💼A sharp rebound in the market is unlikely in the near term but sectoral preferences might change. 💼Sectors like FMCG, healthcare and IT will find increasing preferences and the momentum plays will slowdown. 💼One positive of the sharp market correction is that the excessive valuations have moderated a bit and this will facilitate institutional buying once clarity emerges on the formation and composition of the cabinet. 💼Investors can start nibbling at high quality largecaps in IT, financials, autos and capital goods. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼With the 733 point rally in the Nifty yesterday the market has already discounted a clear win for the NDA and majority on its own for BJP. 💼Only a dramatic change from this expected outcome will cause a major change in the market. 💼Investors need not rush in to buy today even if the results confirm the exit polls. 💼 Remain invested in largecaps and do some profit booking in smallcaps. 💼A significant trend yesterday was the largecaps outperforming smallcaps. 💼This is primarily the consequence of FIIs turning buyers. 💼If the FIIs continue to buy, this largecap outperformance will continue. 💼RIL, L&T, HDFC, ICICI and M&M are on strong wicket. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼Fundamentals, technicals and sentiments turning favourable at the same time is rare in the market. This is what has happened now. 💼The market went into the big event, elections, very light with Nifty correcting around 600 points from the May highs. 💼 Profit booking also happened on a large scale. The short position in the market also is high. 💼All these are going to change dramatically. 💼DIIs, HNIs, retail ….are all going to turn buyers. 💼Short-covering can add to the momentum. 💼The rally is likely to be led by largecaps. 💼Stocks like RIL, ICICI Bank, HDFC Bank, Kotak Bank, Axis Bank, Bajaj Finance, Bharti Airtel, L & T, M&M, Tata Motors, Bajaj Auto, Eicher Motors are fundamentally strong largecaps with potential to lead the rally. 💼IT stocks like TCS, Infy, HCL Tech, Coforge, Persistent and L&T Tech offer contrarian buying opportunity. 💼The GDP numbers which came on Friday was better than expected with 8.2% growth. 💼This will provide fundamental support to the market. 💼S&P’s upward revision of India’s rating outlook also is positive. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

Geojit One Launched in South Kerala To enable all our branch clients to benefit from the expertise of our Private Wealth division, we have launched Geojit One. It is a bespoke offering, tailored to meet the sophisticated needs of Mass Affluent, HNI, UHNIs, SME Promoters, Corporates among others who are looking to expand and optimize their financial portfolios. Present at the event were C J George, Satish Menon, Rahul Roy Chowdhury and other staff. The event was held at Holiday Inn Kochi on 30th May 2024 #MarketUpdate #StockMarketindia #Sensex #Nifty #Market #StockMarket #ShareMarket #Earnings #Investors #Stocks #Investment #Inflation #Trading #ElectionResults #StockTrading #GeojitFinancial #MarketUpdate #StockMarketindia #Sensex #Nifty #Market #StockMarket #ShareMarket #Earnings #Investors #Stocks #Investment #Inflation #Trading #ElectionResults #StockTrading #GeojitFinancial

💼The market is tantalisingly poised with the possibility of a sharp move based on the exit poll results tomorrow evening. 💼 Since the Nifty is down around 600 points from the May high, if the market move is up it can be sharp and swift. 💼 Largecaps in financials, autos, capital goods and telecom have the potential to lead the rally. 💼On the other hand, if the exit polls indicate a trend unfavourable from the market perspective, again the crash can be sharp and swift. 💼It is important to note that the DIIs have bought stocks for Rs 53618 crores in the cash market so far this month. 💼This is around Rs 10000 crores more than the FII selling. 💼 The DIIs have enough funds to buy aggressively if the situation turns favourable. 💼Data from the US indicate that the economy is slowing down and the labour market is turning a bit weak. 💼This means the Fed may not delay rate cuts much longer. 💼If this happens and the US bond yields start declining that can reverse the FII outflows. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼A question which most investors/traders are asking now is, what should be the best investment/trading strategy in this volatile time. 💼There is no simple answer to this question. 💼One strategy is to remain calm, watch the event and take a decision after the election outcome. 💼Put options are very expensive now and trying to hedge through put options will have a high price. 💼There will be heightened volatility on 3rd and 4th June. 💼If the exit polls indicate a clear trend, which is favourable from the market perspective, buying decision will be easy even after a spike in prices. 💼A major concern is the spike in US bond yields pushing the 10-year yield above 4.6%. 💼This can trigger continuation of the FII selling which will depress the prices of largecaps further. 💼The highly valued mid and smallcaps remaining resilient and the fairly valued largecaps turning weak is a short-term aberration. 💼 Long-term investors can profit from this temporary aberration. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼The nervousness in the market continues on uncertainty regarding the election results. 💼An important sustaining trend during this uncertain phase is the continuous buying by DIIs which has reached around Rs 45000 crores so far this month. 💼This can be interpreted as a reflection of expectation of political stability after the election results. 💼However, it appears that retail and HNIs are in a wait and watch mode. FII selling intensity has slowed down considerably recently. 💼From the global perspective, there are positives as well as negatives. 💼The positive is the Nasdaq setting a new record high imparting resilience to the mother market. 💼The negative is renewed tensions in the Middle East pushing up Brent crude to $ 84.5. 💼The US 10-year bond yield rising to 4.54% is indication that the “higher for longer” rate regime in the US might continue. 💼This will weigh on FII inflows once the election-related uncertainty is over. #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #EconomicOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets