💼 The recent flattish trend in the market is likely to continue in the near-term since there are no clear positive triggers that can push the market much higher.
💼 There are reports of a possible agreement between the U.S. and China. But the Chinese haven’t officially confirmed anything.
💼 President Trump is talking about 55% tariff on China and 10% tariff on U.S.
💼 President Trump’s credibility being what it is, it would be too early to discount this as positive for markets. Also President Trump has declared that he will be sending letters to trade partners in the next two weeks setting universal tariffs.
💼 Market participants will be waiting and watching for clarity on this.
💼 The tariff crisis is not yet over.
💼 The spike in Brent crude to $70 on heightened security risks in the Middle East is a negative for India.
💼 Sectors like paints, adhesives, tyres and aviation are likely to respond negatively to this while ONGC and Oil India can respond positively.
.
.
.
#StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets
Posted on : 12 Jun 2025 10:01 AM
