So, it is kind of a counterplay, but there are two major concerns and we should wait for Jan 20th to see how it unfolds. But broadly, there is a concern around what are the tariffs going to be. If the tariffs are imposed across the board or even selectively, it is inflationary.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets ended lower on Friday due to profit booking in financial and IT stocks. Despite the dip, midcaps, smallcaps, and rate-sensitive sectors stayed strong.