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Below the Quote on Morning Market Views 30 June 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

With S&P 500 and Nasdaq setting new record highs and most other markets in bullish mode, the market construct looks positive. Decline in geopolitical tensions in West Asia, the sharp pull back of Brent crude to $67 and reports of positive developments on the trade front with possibilities of trade deals between US and China and US and some major trade partners augur well for equity markets. Significant contributors to the rally in India in recent days have been largecaps like HDFC Bank, ICICI Bank, RIL and L&T which have seen accumulation by institutions. Weakness in the dollar index continues to support FII inflows and retail optimism continues to support flows into domestic funds. 
It makes sense to remain invested in this bull market but making fresh investments at elevated valuations would be risky.

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