2025-02-20 09:54:58 am | Source: Geojit Financial Services Ltd
A positive news is the RBI indicating growth recovery in H2 FY25. This bodes well for growth and earnings recovery in FY26. Market will start responding positively to the high frequency data indicating growth recovery. Beaten down midcaps like defence stocks are witnessing some buying."
Morning Market Quote : Donald Trump`s tariff talks continue to impact markets Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Below the Quote on Morning Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
"Trump’s tariff talks continue to impact markets. Trump’s declaration yesterday that the US will impose 25% tariffs on automobiles, semiconductors and pharmaceuticals impacted India’s pharma stocks since India’s leading pharma companies are major exporters to the US. If this is implemented in early April as Trump declared, it will impact the US, too, through shortages and higher prices. It appears that Trump’s intention is to negotiate and extract concessions before tariffs are imposed. It remains to be seen how this will pan out.
A positive news is the RBI indicating growth recovery in H2 FY25. This bodes well for growth and earnings recovery in FY26. Market will start responding positively to the high frequency data indicating growth recovery. Beaten down midcaps like defence stocks are witnessing some buying."
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