Below are Views On Markets have shrugged off the initial scare triggered by the rising bond yields By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"As of now, markets have shrugged off the initial scare triggered by the rising bond yields. Bulls are back in action in the mother market US. But in India continuous FII selling is preventing the markets from scaling new highs. Markets are likely to consolidate. Investors may utilize dips to buy high-quality names in private sector banking, insurance, IT, cement and autos. For mid- small-caps, there is more room to appreciate"
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