29-11-2024 10:25 AM | Source: Geojit Financial Services Ltd
Buy on dips strategy may not yield short-term gains in this market. But this strategy can be applied by investors with a medium to long-term time horizon. Largecaps in financials, IT, capital goods and telecom are ideal for accumulation from a medium to long-term perspective."
Morning Market Quote : A perplexing market action in recent days is the inexplicable volatility in FII activity Says Dr. V K Vijayakumar, Geojit Financial Services
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Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Service
"A perplexing market action in recent days is the inexplicable volatility in FII activity. A few days of buying followed by yesterday’s massive selling of Rs 11756 crores is difficult to explain. What are the factors contributing to this apparently irrational activity? Is this a one-off? Or, is there more to come? Answers to these questions will be available in the coming days. It is better for investors to wait and watch. Lots of stock specific actions are likely starting today in response to the inclusion of 45 new stocks to the F&O list.
Buy on dips strategy may not yield short-term gains in this market. But this strategy can be applied by investors with a medium to long-term time horizon. Largecaps in financials, IT, capital goods and telecom are ideal for accumulation from a medium to long-term perspective."
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