01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Quote on Morning market 25 May 2022 By Dr. V K Vijayakumar, Geojit Financial
News By Tags | #7512 #607 #4943 #879

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Below is quote on Morning market 25 May  2022 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"The dominant trend impacting the market is the relentless selling by FPIs which, as on 25th May, has touched Rs 168421 cr for CY 2022. So long as this massive selling continues, the market will remain weak. Another major trend in the market is the shift from growth to value. Value buying happening in segments like banking, in spite of FPI selling, is imparting resilience to such segments.

The government's initiatives to rein in inflation indicate margin compression for segments like sugar, edible oil and metals. But firms with pricing power can weather this storm.

The decline in the dollar index and the US 10-year bond yield is a near-term positive for emerging markets but that will be insufficient to improve market sentiments which are weak."

 

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