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Foreign institutional investors (FIIs) turned aggressive buyers toward the end of March, with a massive inflow of Rs111.1 billion on March 27, helping lift market sentiment,
Which could mean more pressure on Asian stock markets other than India’s,
Crude oil prices plunged after the US President announced heavy reciprocal trade tariffs, triggering fears of slower global demand. A sharp tariff hike on China spooked energy markets, leading to crude oil's biggest single-day fall in three years,
Rahul Kalantri, VP commodities, Mehta Equities Ltd, told PTI The recent implementation of higher-than-anticipated U.S. tariffs has had a significant impact on global markets, triggering a bearish trend as investors assess the broader implications. The likelihood of retaliatory measures against the U.S. has further heightened uncertainty. U.S. bond yields and oil prices are trending downward, reflecting concerns over potential economic slowdown and increased recessionary risks,
said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services Domestically, while the direct impact of these tariffs is relatively moderate compared to other major economies, it remains more substantial than initially projected. As Q4 approaches, a sequential improvement in corporate performance is anticipated. However, prevailing weak market sentiment suggests that the phase of consolidation may persist in the near term,
At this juncture, the risk-reward balance appears to favor domestic-facing sectors due to minimal impact from reciprocal tariffs, while export-oriented sectors will remain in a wait-and-watch mode, contingent on further developments and their impact,
The exemption for Indian pharmaceutical exports is a positive development. Even in a weak market, domestic consumption-driven sectors will be viewed as safe havens by investors."
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said
