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Below is quote on Morning Market From 13 April 2022 Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"There are strong market headwinds emerging for the near-term. Inflation in the US at 8.5% in March, dollar index above 100 and the imminent monetary tightening by Fed which might lead to a recession are negatives for global equity markets. In India the March inflation print has come above estimates at 6.95%. This will push up the 10-year yields. Since only some of these negatives are discounted by the market, there can be more selling particularly from FIIs who have again turned big sellers.

Safety is now in segments which are unlikely to be impacted by inflation and potentially rising interest rates. Companies with high market share and pricing power will withstand the headwinds. It is also important to remember that in the early stage of inflation earnings of companies will go up".

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