IGI Logo

Below the Quote on Morning Market Views 09th September 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

"Market is slowly regaining momentum on expectations of earnings boost from GST reforms. Clearly, autos are the major beneficiaries of the GST cut, and rightly, the market has responded positively. News of huge demand for automobiles post-September 22 will keep the auto stocks resilient despite the recent run up. 

Nasdaq setting yet another record is positive for US markets. However, there are clear signs of rising inflation and unemployment in the US. Therefore, the Fed is likely to pause after a 25 bp rate cut on September 17th. Therefore Fed commentary will be significant. 

The underperformance of the broader market is a distinct trend now. While the Nifty is down 0.65%  in the last one year, Nifty Midcap 150 and Nifty Smallcap 100 are down by 1.9% and 8.08% respectively. The high valuations in the Smallcap segment is getting corrected. The fair valuations in the largecap segment can keep it resilient. Midcap valuations, though high, are getting support from superior earnings growth."

Above views are of the author and not of the website kindly read disclaimer