2025-01-29 10:37:08 am | Source: Geojit Financial Services Ltd
The recovery in the market witnessed yesterday can continue with resilience in fairly priced financials. However, a sharp rally is unlikely since FIIs will sell at higher levels. The market will be looking forward to positive cues in the Budget. The Fed decision today is unlikely to influence the market since no change in policy is expected from this meeting."
Morning Quote : This trend supports a healthier market and may continue by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Below the Morning Market Views from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
"YTD Nifty is down 3.3% while Nifty Midcap is down 9.1% and Nifty Small cap is down 14.71%. The takeaway from this important data is that valuations are reverting to mean. This trend will make the market healthy and is likely to continue. Correction in the overvalued broader market is desirable.
The recovery in the market witnessed yesterday can continue with resilience in fairly priced financials. However, a sharp rally is unlikely since FIIs will sell at higher levels. The market will be looking forward to positive cues in the Budget. The Fed decision today is unlikely to influence the market since no change in policy is expected from this meeting."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Motilal Oswal Financial Services Hosted #ResearcHER,...
Bilateral trade pact between India-US will be a boos...
Expanding Trade Ties: Australian Food Showcase at Aa...
Finance Minister Nirmala Sitharaman launches new cre...
Quote On Post market comment by Mandar Bhojane, Rese...
Madhta Pradesh pitches for non-tax revenue inclusion...
FIIs stood as net sellers in equities as per March 0...
Prime Minister Narendra Modi on two-day Gujarat visi...
Government Financial Support for Farmers: A Wealth o...
The Life of an Indian Farmer: Challenges, Traditions...
Tag News
Quote On Post market comment by Mandar Bhojane, Research Analyst, Choice Broking
MOSt Market Roundup : Nifty Opens Positive, Dips to 22250, Then Stages Strong Pullback - Motilal Oswal Wealth Management
Daily Market Commentary : Nifty ended with gains for the second consecutive day, rising by 0.9% to close at 22,545 level Says Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities
