2025-02-13 09:49:25 am | Source: Geojit Financial Services Ltd.
A positive domestic trigger is the better-than-expected decline in CPI inflation in January to 4.31% from 5.22 % in December 2024. The decline in inflation trajectory justifies the MPC’s rate cut this month and creates a favourable condition for another 25 bp rate cut in April. This augurs well for the stock market in general and rate-sensitives in particular. From the market perspective, the elephant in the room continues to be the sustained FII selling which is showing no signs of abating."
Morning Market Quote :When the market is in oversold territory, some triggers can ignite a rally by Dr. V K Vijayakumar, Geojit Financial Services
Below the Quote on Morning Market Views from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
"When the market is in oversold territory, some triggers can ignite a rally. The Indian market is in highly oversold territory and, therefore, is likely to rally on positive news expected from the Trump-Modi talks today. Some agreement is likely between the US and India on reciprocal tariffs.
A positive domestic trigger is the better-than-expected decline in CPI inflation in January to 4.31% from 5.22 % in December 2024. The decline in inflation trajectory justifies the MPC’s rate cut this month and creates a favourable condition for another 25 bp rate cut in April. This augurs well for the stock market in general and rate-sensitives in particular. From the market perspective, the elephant in the room continues to be the sustained FII selling which is showing no signs of abating."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Financial services, IT will be most attractive for P...
Gold`s lighting run rains on India`s wedding season,...
India`s Income Tax reforms to foster more transparen...
63 pc power and energy sector firms in India plan to...
Sensex ends flat ahead of key Prime Mimister Narendr...
Company Update : Container Corporation of India Ltd ...
QIP fundraising reaches record high in India, real e...
Company Update : Raymond Lifestyle Ltd By Motilal Os...
Which tax regime is best for business owners?
Pulsar International hits upper limit on bagging ord...
Tag News
Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
Expert Insight on impact of US Elections, Budget, Rate cut on Equities and debt market by Mr. Shridatta Bhandwaldar, Head - Equities
Expert Insight on impact of US Elections, Budget, Rate cut on Equities and debt market by Mr. Avnish Jain, Head – Fixed Income
Retail Inflation Views on Steady Decline in Inflation Strengthens RBI’s Flexibility, But INR Depreciation Remains a Concern by Dr. Vikas Gupta ,OmniScience Capital
