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Below the Quote on Weekly Market Outlook 27th March 2026 from Vinod Nair, Head of Research at Geojit Investments Limited

"Indian equities moved through a turbulent phase as geopolitical tensions in West Asia and uncertainty around the Strait of Hormuz dominated global sentiment. The sharp selloff stemmed from concerns over potential supply disruptions, a record?low rupee, elevated global bond yields, and sustained FII outflows. While intermittent diplomatic signals and easing crude prices revived risk appetite temporarily—supporting value-driven buying and helping valuations normalise—sentiment remained fragile. Overall, the market oscillated between risk-off pressure and relief-led rebounds, with geopolitical uncertainty acting as the primary anchor on sentiment.

In the near term, market direction will hinge on developments in West Asia peace efforts and the extent of earnings risks from supply-side disruptions. FIIs are expected to stay selective as India remains relatively expensive versus other emerging markets, though the valuation premium has moderated toward long-term averages and could stabilise flows gradually. Volatility may persist as global risk appetite fluctuates, but further dips could improve entry opportunities for long-term investors when external uncertainties begin to normalise as valuation gaps narrow."

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