2025-02-18 05:25:29 pm | Source: Geojit Financial Services Ltd
Market Quote : Profit Booking & Bottom-Fishing Amid FII Outflows & INR Pressure Says Vinod Nair, Head of Research, Geojit Financial Services
Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"The domestic market has experienced both profit booking and bottom-fishing amid persistent concerns over FII outflows and pressure on the INR. Small and mid-cap stocks continue to lag due to apprehensions about premium valuations. Meanwhile, India’s trade deficit has widened beyond expectations, driven by rising imports due to depreciating domestic currency and surging commodity prices. Currently investors are exploring bargain-hunting opportunities due to deep correction in price, but modest earnings growth and global uncertainties are constraining momentum."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Buy Titagarh Rail Systems Ltd For Target Rs. 1,050 B...
Trade chiefs of S. Korea, China, Japan discuss advan...
Market Outlook: US tariff, PMI, FIIs and global econ...
Company Update : NCC Ltd By Elara Capital Ltd
Top industry bodies award Attero for pioneering gree...
Nearly 31 lakh defence pensioners onboarded on SPARS...
India aims Rs 3 lakh cr in defence production by 202...
India, US agree to finalise first tranche of bilater...
Neutral Zensar Technologies Ltd For Target Rs. 770 ...
 2.jpg)
Sell Wipro Ltd For Target Rs. 240 by Motilal Oswal F...
Tag News
Market Outlook: US tariff, PMI, FIIs and global economic data key triggers for next week
India Strategy : Taking pulse of the economy, stock market and flows by JM Financial Services Ltd
Fundamental Stock Pick : Mahindra and Mahindra Financial Services Ltd by Nirmal Band Ltd
Weekly Note : Indian markets stayed range-bound, ending with modest gains after last week`s sharp rebound by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
