💼 The market is likely to be influenced by the negative factors impacting FII flows and some positive domestic factors which can support the market.
💼 The external macro construct continues to be unfavourable with the dollar index at 109 and the 10-year US bond yield at 4.62%.
💼 The FIIs are likely to continue selling till the yields decline and the dollar stabilises.
💼 Domestically, the December auto numbers indicate that the much-talked-about urban demand deceleration is exaggerated.
💼 Buying will resume in these resilient domestic segments, supporting the market on declines.
.
.
.
#StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets
Posted on : 06 Jan 2025 9:29 AM
