01-01-1970 12:00 AM | Source: Geojit Financial Services
Quote on JFSL in T Segment from Dr. V K Vijayakumar, Geojit Financial Services.
Below the quote on why JFSL stock is placed under T Segment from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
"When a stock is expected to move to high volatility, it is put under trade-to-trade. The volatility in JFSL was expected since institutional selling was on the cards and interested buying too was expected. The volatility seen in the stock after listing justifies the decision to move the stock to the T segment.
Investors who are optimistic about the stock can buy from the market for delivery without any restrictions."
Above views are of the author and not of the website kindly read disclaimer
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