Market Quote : Modest Q3 FY25 Earnings Growth and Continued FII Selling Cap Limit Near-Term Market Rebound Potential Says Vinod Nair, Head of Research, Geojit Financial Services
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Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"Modest earnings growth in Q3 FY25, coupled with sustained selling by FIIs, is limiting the potential for a near-term market rebound. A weakening rupee and a widening trade deficit are likely to heighten investor caution. Despite a nosedive correction in broader indices, valuations remain unappealing. However, any easing of US trade uncertainties and initial signs of a recovery in discretionary spending could help support a market rebound."
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