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2025-03-11 09:30:56 am | Source: Geojit Financial Services Ltd
Morning Market Quote : A significant consequence of the ongoing market correction is that India is now outperforming the US Says Dr. V K Vijayakumar, Geojit Financial Services
Morning Market Quote : A significant consequence of the ongoing market correction is that India is now outperforming the US Says Dr. V K Vijayakumar, Geojit Financial Services

Below the Morning Market Views from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

 

"President Trump’s flip-flop tariff policy and the high uncertainty that it has triggered has started impacting US stock markets: S&P 500 & Nasdaq declining by 2.6% and 4% respectively yesterday is the market’s response to Trump’s tariffs and the possibility of US recession by the year end. We will have to wait and watch how the situation develops.


A significant consequence of the ongoing market correction is that India is now outperforming the US. During the last one month, while S&P 500 is down 7.5% Nifty is down only 2.7%. More importantly, the dollar index is down from 109.3 when Trump assumed presidency to 103.71 now. If this trend continues it will be good for emerging markets like India. Capital outflows from India will decline.

The ideal investment strategy now is not to panic in the market correction and continue with the policy of slow accumulation of high quality stocks mainly in large caps and very selectively in beaten down mid and smallcaps."
 
 

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