The global market construct continues to be favorable for the bulls Says Dr. V K Vijayakumar, Geojit Financial Services
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/98b477e4f1b5a12f0b6341ff4a675087.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 18 July 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
The global market construct continues to be favorable for the bulls. The declining dollar and the capital flows to emerging markets that it triggers can impart resilience to the market. However, high valuations and possible profit booking can restrain the rally. A healthy consolidation can be the near-term trend.
Since the market has run up too much, too fast, a correction can happen at any time. Some profit booking at the present level can be considered.
Good results from HDFC Bank augurs well for Bank Nifty. More good results from banking stocks are likely.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Hydrogen.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Honda India Foundation (HIF) signs MOU with Marriot Group of Hotels.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/accel57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Rupee Dollar.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.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/2023/05/dbfb7e3b9d5d60554d91c903b090cfa9.jpg)
Daily Market Analysis : Markets traded volatile and lost over half a percent, in continuatio...
![Morning Market Quote : The market lacks clear direction Says Dr. V K Vijayakumar, Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/6770cc0946f7557e45a99c2fc6b1ea99.jpg)
![Quote on Morning market 11 April 2022 By Dr. V K Vijayakumar, Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/04/4c32b1ffa9a4d290d69ef11e9e149eb9.jpg)
![Weekly Note : Nifty made a new record high on the final day and eventually settled at 20,267.90 levels Say`s Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com//uploads/news/Ajit Mishra.jpg)