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2025-01-13 05:14:32 pm | Source: Geojit Financial Services Ltd
Market Quote : The Global Markets Sell-Off Follows Strong US Payroll Data, Rate Cuts 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

 

"The global markets witnessed a significant sell-off, prompting a similar response in domestic markets due to strong US payroll data suggesting fewer rate cuts in 2025. This has strengthened the dollar, driven up bond yields, and made emerging markets less attractive. Recent GDP downgrades and slowing earnings amidst higher valuations are weighing heavily on market sentiment. Expect volatility in the near term, with the 2025 budget, Q3 results, RBI policy, and Trump's policies are key factors to define the trend in the short-term."
 
 

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