2024-11-29 10:25:42 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
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
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."
Above views are of the author and not of the website kindly read disclaimer
Latest News
59 Ultra-Luxury Homes Priced Over INR 40 Cr Worth IN...
India to sign mining pact with Mongolia soon, govern...
India`s new central bank chief seeks to improve fore...
Daily Outlook on Gold by Dr. Renisha Chainani, Head ...
Processed food demand will grow manyfold: Chirag Paswan
Quote on Gold and Crude by Kaynat Chainwala, AVP-Com...
PN Gadgil Jewellers declines despite reporting 24% g...
Nippon Life India Asset Management Launches First Fu...
Demat accounts in India hit record 185 million in 2024
Indian economy expected to clock 6.8 pc growth in 20...
