Quote on Morning Market Views 08 July 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
Below the Quote on Morning Market Views 08 July 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
"The announcement of unilateral tariffs on 14 countries and the exclusion of India from the list along with President Trump’s remark that “we are close to a deal with India” indicate that a trade deal between India and US will be announced soon. This has already been largely discounted by the market; the unknown areas are the details of possible sectoral tariffs on segments like pharmaceuticals. Market reaction will depend on these details.
The market is unlikely to break the 25200- 25500 range soon. Resilience within this range is strong. In the coming days market reaction will be stock-specific in response to the Q1 results."
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