Quote on Morning Market Views 5th Aug 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
Below the Quote on Morning Market Views 5th Aug 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
"The latest tweet from President Trump that “ I will be substantially raising US tariff on India” for buying Russian oil is a big threat. If he walks his talk, the India-US relations will further strain and the impact on India’s exports to the US can be worse than thought earlier. India’s GDP growth and corporate earnings in FY26 also will be impacted. The market, still trading at elevated valuations, has not discounted such an eventuality. It remains to be seen how things evolve. India’s response, with facts, that “ targeting India is unjustified and unreasonable” sends a message that India will not be making undue concessions and compromises.
This means, the market is in uncharted territory in the near-term. If President Trump raises tariffs on India further the market will react negatively breaking the Nifty support of 24500. Investors may wait and watch for the developments to unfold. Moving some money to fixed income also can be thought of."
Above views are of the author and not of the website kindly read disclaimer
