Morning Market Quote : The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend Says Dr. V K Vijayakumar, Geojit Financial Services

16-12-2024 09:29 AM | Source: Geojit Financial Services Ltd

Morning Market Quote : The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend Says Dr. V K Vijayakumar, Geojit Financial Services

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd #DrVKVijayakumar

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 Services

"The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend. The huge positions in F&O segments are causing such heightened volatility in the market. The 500 point move in the nifty from the day’s trough to the peak indicates massive short covering.

While FIIs turning buyers in December, so far, after the relentless selling in the previous two months is positive, investors should not assume that the FIIs will continue to buy. Strong dollar and high bond yields in the US are headwinds for capital flows. Slowdown in GDP growth and stagnant earnings growth are hurdles in the path of the bull. A rally will sustain only if the data regarding growth and earnings show recovery. This will take some time."

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

IGI Logo

Morning Market Quote : The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend Says Dr. V K Vijayakumar, Geojit Financial Services

Top News

Tag News

More News