Geojit Financial Services Ltd

💼 Stable institutional flows — both FII and DII — are keeping the market steady even in the absence of positive triggers. 💼 The ongoing consolidation phase is likely to continue in the near-term. 💼 Investors should understand two distinct big trends that will weigh on markets: One, India’s macros are strong and improving. Two, this positive trend in macros is not getting reflected in corporate earnings. This is the fundamental reason for the range-bound movement of the market. 💼 FY25 Nifty earnings growth was a pedestrian 5.5% and the projection for FY26 is around 10%. 💼 Valuation multiple of 21 for 10% earnings growth is certainly on the higher side. This will cap the upside to the Nifty until leading indicators suggest a recovery in earnings growth. 💼 At the same time, steadily improving macros like resilient GDP growth, down trending inflation and interest rates, and declining fiscal and current account deficits lay the foundation for a strong economy and earnings recovery in the medium term. 💼 Investors should remain invested and buy quality stocks on dips. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets