Market on Feb 25, 2025

Daily Journal: US markets had a muted session yesterday. Futures are also kind of flattish. US 10Y Bond Yield cools off a bit to 4.3%. Brent Oil is at 74$. Dollar Index is at 106. Asian markets are weak. Consider global cues as negative for today. Nifty broke the 22800 support zone decisively yesterday. That's why we turned more cautious yesterday. The next support I see is around 22000 zone. So another 500 points correction seems possible in the near term. In terms of cash deployment, I cautioned to be slow. I stick to the same strategy even now. Buy only if you get great bargains. Else, hold some cash. Deploy only in a staggered manner. Deploy in small amounts. There are no signs of the market bottoming out yet. FII s are going away from India because they are expecting their own markets to do better than ours. Especially after Trump is back. But if the US markets fall, it may cause weakness in the Indian markets also temporarily. But weak market sentiment in the US may bring FIIs back to India. Just that our economy should start showing good growth in FY26. Let's hope for the best. Don't exit the markets. No matter what anyone says. I am taking shelter under (Low PE + Good Growth) stocks.