💼 The latest tweet by President Trump and US defence movements in West Asia indicate a further escalation in the conflict. However, there is no panic in global equity markets, suggesting that investors believe this tension may ease without major economic fallout.
💼 It’s important to remember that since the Covid crash of March 2020 — when Nifty plunged to 7511 — the market has been in a strong bull run, climbing every wall of worry.
💼 This time too, the market appears poised to absorb the Israel-Iran conflict with resilience. Despite rich valuations, especially in the broader market, ample liquidity and optimism over an earnings turnaround continue to provide solid support.
💼 The Nifty’s 24,500–25,000 range is expected to hold in the near-term.
💼 A breakout above 25,000 is likely once positive developments emerge from the West Asian front.
💼 The “buy on dips” strategy remains effective, backed by steady domestic flows and market sentiment.
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Posted on : 18 Jun 2025 10:06 AM