Time To Reinvest? Expert's Insights On CPI Data, Dollar Index, And When To Start Investing Again

Is the worst behind us? In this excerpt from Business Today TV's "Market Today," Avinash Gorakshakar, Head Research, Profitmart Securities, assesses the current market recovery and provides crucial insights for investors. Discover why the recent CPI numbers (a 7-month low at 3.61%) have pleasantly surprised the markets and signal a potential rate cut in April. Learn how the weakening dollar index (down from 109 to 103) has boosted market sentiment, stabilising emerging market currencies and reducing FII outflows. Get expert analysis on why these positive indicators suggest that the markets may have reached a near-term bottom, with aggressive selling largely over. Avinash Gorakshakar emphasizes that the upcoming January-March quarter corporate earnings are expected to be significantly better, which could trigger a strong return of money flow to the markets. He also highlights that the key trigger for a significant market upswing will be the cessation of FII outflows, which could potentially occur in the April-June quarter. Is it time to start reinvesting? Find out why the expert believes this is a good time for investors to start nibbling, build portfolios, and be constructive on good quality stocks. Don't miss this valuable guidance on navigating the current market and making informed investment decisions!