2025-03-06 09:39:18 am | Source: Geojit Financial Services Ltd
The dollar index declining to 104.3 is positive for emerging markets like India. If this trend persists the FII selling will soon stop paving the way for a market rally.
RBI’s decision to infuse Rs 1.9 trillion liquidity into the banking system is good news for banks and NBFCs. Decline in Brent crude to below $70 is another macro positive for India which markets will discount positively."
Morning Market Quote : We are in a highly uncertain and volatile situation for global trade, global economy and markets Says Dr. V K Vijayakumar, Geojit Financial Services
Below the Quote on Morning Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services? - 06th March 2025
"We are in a highly uncertain and volatile situation for global trade, global economy and markets. The end game of Trump’s tariff policy is unclear. Trump’s latest declaration granting exemption from recently hiked tariffs to imports of Canadian and Mexican autos indicate that his intention is to negotiate from a position of strength. So deals and settlements are possible but they are not going to be smooth.
The dollar index declining to 104.3 is positive for emerging markets like India. If this trend persists the FII selling will soon stop paving the way for a market rally.
RBI’s decision to infuse Rs 1.9 trillion liquidity into the banking system is good news for banks and NBFCs. Decline in Brent crude to below $70 is another macro positive for India which markets will discount positively."
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