The FII buying support to the rally continues with an investment of Rs 7272 crores Says Dr. V K Vijayakumar, Geojit Financial Services
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/a0620ed73da7cfed868e977f7cdcadb0.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
Quote On Morning Market 19 June 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
The ongoing rally scaled new closing highs last Friday and is now within sight of a new all-time high, which is 18887 for the Nifty. There are two significant trends in the market now: One, this rally is broad based with the participation of most sectors except large-cap IT. Two, mid and small-caps are outperforming large caps. This trend is likely to continue in the near-term.
The FII buying support to the rally continues with an investment of Rs 7272 crores during the last 4 trading days. This strong FII buying has strengthened the bulls and made the buy on dips strategy successful.
A new all-time high is only a matter of time. The only concern now is the poor performance of the monsoon, so far.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Nifty registers best week in 2 months after rising for 6 consecutive sessions](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/95f11bf3e1fc515ff0aed747520314dc.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/08/8af67f6cffbeb1ef55738282eab0ee9e.jpg)
Quote on Market hitting 56k by Mr Dhananjay Sinha, JM Financial Institutional Securities
![Market Wrap Up : Global cues act as a speed bump; Nifty ends the week with modest gains says Mr. Rajesh Bhosale, at Angel One Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/3bc37e6c09250d48da2035e931cb7bf0.jpg)
![Quote on Nifty : On the lower end, support is placed at 17950 Says Rupak De, LKP Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/cb836ea8d07c9509b1c605bb55fad4c4.jpg)
![A Pause Before the Next Earning Season - Weekly article by Ms. Nirali Shah, Samco Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/07/6d4ef3ca88023a0616e8eec724a93863.jpg)