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
India`s highway network expanded from 91,000 km to 1...
BIS makes hallmarking of 9 karat gold mandatory
FIIs stood as net sellers in equities as per July 18...
Embracing Simplicity ? The Lifestyle of Village People
Fashion Pots: Where Style Meets Greenery
Bandhan Bank`s net profit falls 65 pc, NII declines
Punjab FC extend winger Leon Augustine`s contract un...
Maharashtra CM Devendra Fadnavis attends IICT-NFDC ...
East Bengal announce triple signing of Miguel Figuei...
Roads & Highways Sector Report : State Tolling - The...
More News
Morning Market Quote : The near-term market trend is likely to be stable with a positive bia...
Daily Market Commentary : Nifty slipped below the 25k mark, ending 143 points lower at 24,968 (-0.6%) by Says Mr. Siddhartha Kh...
Quote on Market by Vinod Nair, Head of Research, Geojit Investments Limited
Morning Market Quote : Nifty Rallies 3.5% Despite Escalating Trade Tensions and Tariffs Says Dr. V K Vijayakumar, Geojit Financ...