IGI Logo

Below the Quote on Morning market 20th February 2026 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited?

"The sharp spike in Brent crude to $72 reflects growing fear and uncertainty in markets. President Trump’s warning that “Iran has 10 to 15 days to strike a deal or bad things happen “ has put the markets on tender hooks. Whether there will be a deal after the standoff, or whether missiles will fly  will determine the market behaviour in the near-term. The continuing weakness in IT stocks is another dampener for the market. 

Amidst the many crises, the strength of the Indian economy and the recovery in corporate earnings as reflected in Q3 numbers, are positives for the market. If, hopefully, the US-Iran standoff gets resolved in the coming days, the market will bounce back. Therefore, investors may wait and watch the unfolding developments in West Asia. Meanwhile, investors who are optimistic about a possible deal can use the current weakness in the market to buy fairly valued high quality stocks in banking and financials, autos, pharmaceuticals, hotels, leading capital goods and telecom. Crisis have proved to be buying opportunities, in hindsight."

Above views are of the author and not of the website kindly read disclaimer