Quote on Market 12th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
Below the Quote on Market 12th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
"Consolidation in domestic markets is evolving into a broad-based trend, now extending to large-cap stocks. Valuation concerns and rising oil prices—driven by Middle East tensions—are fuelling risk aversion among investors. IT, metals, and auto sectors have mostly underperformed. Adding to the uncertainty, the U.S. is considering unilateral tariff hikes on several key trading partners, with a decision expected within the next one to two weeks, ahead of an early July deadline. Meanwhile, gold is witnessing a fresh leg of safe-haven buying, amid escalating geopolitical and economic risks."
Above views are of the author and not of the website kindly read disclaimer
