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Below the Quote on Morning market views from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

"Broad indications are that the market has bottomed out even though further corrections cannot be completely ruled out. Positive domestic cues like rebound on FY25 Q3 GDP growth to 6.2%, spurt in the IIP by 5.1%, increase in gross tax collection by 16%, declining trade deficit and more importantly decline in CPI inflation  to 3.6% are positive macro trends which augur well for the market. But these domestic tailwinds are not strong enough to take the market to higher levels on a sustained basis since the global headwinds from tariff wars will counter the domestic tailwinds.
 
Hopes of growth revival in China coupled with the cheap valuations of Chinese stocks have triggered foreign  capital inflows into China. This has triggered FII selling in emerging markets, particularly India where the valuations are relatively expensive. Market is likely to move in a range in the near-term without a sharp break out or break down."

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