Quote on Morning market 10th August 2021 By Dr. V K Vijayakumar, Geojit Financial
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Below is quote on Morning market 10th August 2021 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"A clear trend in the market during the last several trading sessions is the outperformance of large-caps led the high-quality private sector financials. The underperformance of the mid-small-caps segment is a desirable healthy trend since it is removing the froth in the segment. An area of concern in the market now is the frenzy in the IPO market where retail investors are applying for IPOs & OFSs without any consideration of fundamentals & future prospects. The goal is just to make money on the listing. Many retail investors are likely to lose money in the future from some of these issues"
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