Geojit Financial Services Ltd

💼 A significant feature of the ongoing bull market, which began after the Covid crash (Nifty 7511 on March 23, 2020), is its remarkable ability to climb all walls of worries. 💼 High inflation, aggressive monetary tightening, multiple geopolitical conflicts, and even unprecedented tariff threats have posed challenges, but the bull market has powered through them all. It now appears that the rally is unlikely to be impacted by the approaching July 9th tariff deadline imposed by President Trump. 💼 Encouraging news that this deadline is likely to be extended is a clear positive for the market. 💼 Another significant positive is the sustained weakness in the dollar, with the dollar index falling to around 97, boosting sentiment for emerging markets like India. This explains the massive FII inflow of ₹12,594 crores yesterday, which is a huge number even after adjusting for bulk deals. This robust FII buying has lifted largecaps like HDFC Bank, ICICI Bank, Bharti Airtel, Reliance Industries, and Bajaj Finance, driving the sharp rally in benchmark indices. 💼 The market momentum remains strong, and while some profit booking may happen in the near term, the broader trend remains resilient and bullish. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets