Powered by: Motilal Oswal
2025-06-12 09:35:43 am | Source: Geojit Financial Services Ltd
Quote on Morning Market 12 June 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd
Quote on Morning Market 12 June 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd

Below the Quote on Morning Market 12 June 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd 

 

"The recent flattish trend in the market is likely to continue in the near-term since there are no clear positive triggers that can push the market much higher. There are reports of a possible agreement between the U.S. and China. But the Chinese haven’t officially confirmed anything. President Trump is talking about 55% tariff on China and 10% tariff on U.S. President Trump’s credibility being what it is, it would be too early to discount this as positive for markets. Also President Trump has declared that he will be sending letters to trade partners in the next two weeks setting universal tariffs. Market participants will be waiting and watching for clarity on this. The tariff crisis is not yet over. 

The spike in Brent crude to $70 on heightened security risks in the Middle East is a negative for India. Sectors like paints, adhesives, tyres and aviation are likely to respond negatively to this while ONGC and Oil India can respond positively."

 

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