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Below is quote on Morning market 17 May  2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"The major event of the day is the LIC listing. The performance of LIC stock post listing will have a near term sentiment impact on markets.

Markets will remain highly volatile in the short-term. High inflation and Fed tightening will continue to be short-term challenges for the market. In the medium-term, there is a possibility of inflation peaking off and if that happens the central banks may not tighten as much as the market fears now. In such a scenario markets can bounce back sharply. But this is some time away. In the near-term the market is likely to remain weak amidst high volatility. Long-term investors can buy high quality stocks across sectors, particularly in financials, IT and pockets of autos"

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