Quote on Morning market 24 May 2022 By Dr. V K Vijayakumar, Geojit Financial
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/05/aac59d4f1415db3263b7c3c7a925b4d9.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below is quote on Morning market 24 May 2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"There is no distinct trend in this whipsaw market. Daily trading for the near-term is fraught with high risk. It would be better for investors to wait for the markets to consolidate. However, long-term investors can use the volatility to buy high quality stocks available at attractive valuations. Financials, particularly leading banks, are value buys now. Most of these stocks are trading at depressed valuations because of relentless FPI selling. Paradoxically, their fundamentals are improving. Credit growth in the economy is impressive and asset quality of banks has improved substantially. Leading banks are well capitalised to profit from the rebound in the economy and pick up in credit growth. So, for investors with a medium to long-term perspective, financials provide a good buying opportunity. CEOs of Indian IT majors in their recent interviews in Davos have reiterated the strong demand and earnings visibility for the segment. So, IT stocks also are good long-term investment now even though valuations are not cheap".
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Shivam Thakral, CEO of BuyUcoin.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tesla117117.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/National Health Mission.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Vikas Gupta, OmniScience.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/202407243192131.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Cotton Report.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f6904419b2f1cb985436195010d0ee3d.jpg)
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
![Morning Market Quote :In spite of this net institutional selling Nifty is up by 434 points for the month so far Says Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/d04a18db325c9705186bbe1f1e7e84e6.jpg)
![Quote on the Impact on sectors ahead of G20 Summit 2023 from Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/85c397d2a314597b8ca2248ac54a6e69.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/05/23ba53031bc707b3252235f8100b4623.jpg)
Market Quote 18 May 2022 By Vinod Nair, Geojit Financial Services
![Market Quote : Domestic indices edged towards gains owing to optimistic cues from western markets Says Mr. Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/8febe1d4f808a8ede44505617d8f28cf.jpg)
![Market Quote : This was further aggravated by banks losing their grip as PSBs suffered heavy sell-offs Says Mr. Vinod Nair, Geojit Financial Services.](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/59c9ddf5e65d15b8890b4b287dfc1fcb.jpg)
![Equity Market Outlook by Vinay Paharia, CIO, PGIM India Mutual Fund](https://portfolio.investmentguruindia.com/uploads/news/Vinay Paharia.jpg)