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Below Quote On Morning Market 13 November 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services 

"The good beginning for Samvat 2080 with a 100 point rally in Nifty is indicative of the bullish sentiment in the market. The market is climbing walls of worries posed by 2 wars and a slowing global economy. This happens in a bull market. Investment strategy should be based on this basic understanding of market behaviour.
An important feature of the market is that it is up trending despite sustained FPI selling. This means that even if FPIs continue to sell, the market will remain resilient if the selling is in small quantities. Of course, big selling by FPIs will negatively impact markets.

The huge outperformance of the mid and small cap indices in Samvat 2079  is unlikely to continue in 2080. Large caps are fairly valued and, more important, safe now. Leading financials have the potential to outperform. Automobiles, construction- related segments, digital platform companies, select pharma, capital goods and telecom companies are on strong wicket."

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