Powered by: Motilal Oswal
2025-01-22 09:06:29 am | Source: Geojit Financial Services Ltd
Morning Market Quote : Nifty is down around 12% from the 2024 September highs Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

 

"President Trump’s orders and announcements, so far, have been disruptive. He is doing tough talking initially to send the message that more stern measures are in the offing. Trump’s threat to impose 100% tariffs on BRICS if they attempt dedollarization is a repeat of his election campaign rhetoric. It appears that the markets took this threat too seriously.

Nifty is down around 12% from the 2024 September highs. The correction provides a good opportunity for long-term investors to buy quality stocks, which are now available at fair valuations. The key to success will be patience."
 
 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here