Quote on Market 18th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
Below the Quote on Market 18th June 2025 by Vinod Nair, Head of Research, Geojit Investments Ltd
"The domestic market failed to maintain the opening gains as the continuing tensions in the Middle East & volatility in oil prices dragged the overall sentiment. However, auto & consumer discretionary gained in expectations of a demand revival. With the supportive base of the domestic macros, the long-term outlook remains intact, and investors are likely to be focused on high-quality large-cap stocks until greater clarity emerges. Investors will keep an eye on the U.S. Fed policy later today; the prospect of higher inflation due to the tariff threat may lead the FOMC to keep the rates unchanged."
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