Quote on Market 06th Aug 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 06th Aug 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
"Despite renewed trade tensions—stemming from the U.S.—the domestic market remained resilient, holding firm near the key support level of 24,500. The pharma sector underperformed, emerging as a notable casualty of the tariff warnings. As expected, the RBI maintained a neutral stance and kept policy rates unchanged, acknowledging global headwinds while emphasizing India’s domestic resilience, fiscal prudence, and strong rural demand. The inflation outlook has turned more favourable, supported by a good monsoon and healthy kharif sowing. In anticipation of improvement in consumption, private investment, and continued government-led capex, the domestic economy appears well-positioned for a better second half, reinforcing investor confidence despite external uncertainties."
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