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
Sell EURINR MAY @ 111.75 SL 112.15 TGT 111.4-111.1 -...
Daily Update Report 05th May 2026 by Ventura Securit...
Derivative Insights : Nifty OI Peaks at 25,000 CE; S...
Nifty Outlook - Supply concerns keep oil firm by Geo...
Premier League: Man City slip up in title race with ...
Trade Idea of The Day - IndiGo Ltd Target Rs.110 - R...
Need to expand insurance coverage to wider segment o...
Daily Derivative Report 5th May 2026 by Religare Bro...
Indian auto retail industry clocks 13 pc growth in b...
Stock of the day : Hindustan Aeronautics Limited by ...
More News
Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking Ltd
Quote on Market Wrap Up 05th Aug 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities
Quote on Pre-market comment 21st November 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking
Quote on Post Market Comment 28th July 2025 by Mandar Bhojane, Research Analyst, Choice Broking