Quote on Market 11th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd

Below the Quote on Market 11th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
"Profit booking continues in the broader markets, driven by elevated domestic valuations. However, large-cap resilience is supporting the indices, with institutional investors favouring companies with stable earnings outlooks. The Auto and IT sectors remain in focus—Auto stocks are gaining on improved monthly sales, while IT are benefiting from optimism around a potential US-China trade resolution. Meanwhile, following the recent rally, the market lacks clear direction as investors await key macroeconomic data and updates on trade negotiations. US inflation data, due later today, is expected to show a slight uptick, driven by recent tariff increases."
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