Powered by: Motilal Oswal
11-10-2022 10:43 AM | Source: Geojit Financial Services Ltd
Morning Market Quote : A lower than expected CPI number will be a trigger for a rally in markets globally Says Dr. V K Vijayakumar, Geojit Financial Services
News By Tags | #7512 #607 #4943 #879

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Quote on Morning Market 10 November 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"The market is delicately poised awaiting the crucial US inflation data expected today. A lower than expected CPI number will be a trigger for a rally in markets globally. Conversely, if the inflation print is higher than expectations that can trigger a renewed risk-off in markets. So investors should watch out for this crucial data.

An important event unfolding in the market now is the ending of the lock-in period of some new-age tech companies. Some of the initial investors in these famous start-ups, who invested early at low prices, may choose to exit. The consequent high volatility can provide opportunities for long-term investors. Even though it is difficult to value many of these stocks, they have a long runway of growth and the successful ones will turn out to be big wealth creators. Watch out for this opportunity."

 

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