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Below is quote on Morning market 23 June  2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"With every passing day the probability of the US economy falling into recession is increasing. This will keep the markets weak till there are indications of inflation cooling enabling the Fed to go a bit slow on raising rates. Such a scenario will emerge only if there is a big dip in crude prices.
Since the Nifty has clearly broken the lower band of 15800- 16800 in which it was trading for some time, the structure of the market has become weak. Relentless selling by FPIs and expectations of further selling have created a trade set-up where every rally will be sold into. The only sensible investment strategy in this complex and uncertain time is to buy high-quality stocks on dips and wait with patience. Apart from financials which look good, IT gaining from rupee depreciation and select autos gaining from metal price crash are good buys for long-term investment."

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