22-05-2024 12:41 PM | Source: Geojit Financial Services Ltd
Morning Market Quote : The market is likely to respond to the election outcome earlier than June 4th Says Dr. V K Vijayakumar, Geojit Financial Services
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _14.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the morning market quote from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
"One inference that can be drawn from institutional activity this month is that there is no excessive concern regarding the much talked about election results jitters. Net institutional selling is almost nil since the FII selling of Rs 37500 crores has been neutralised by DII buying of Rs 37369 crores so far this month. Also, it is important to understand that FII selling has been triggered by the outperformance of Chinese stocks which nudged FIIs to sell in expensive India and buy in cheap Hong Kong. Therefore, institutional activity does not reflect any election-related jitters. The decline in India VIX by 9% in recent days also indicates a return of stability in the market.
The market is likely to respond to the election outcome earlier than June 4th. Investors can consider buying stocks before the results. Priority can be given to largecaps which are fairly valued compared to the broader market where valuations are much higher. A possibility around the election results time is both FIIs and DIIs turning buyers lifting the largecaps and the indexes to higher levels."
The market is likely to respond to the election outcome earlier than June 4th. Investors can consider buying stocks before the results. Priority can be given to largecaps which are fairly valued compared to the broader market where valuations are much higher. A possibility around the election results time is both FIIs and DIIs turning buyers lifting the largecaps and the indexes to higher levels."
Above views are of the author and not of the website kindly read disclaimer
Latest News
![](https://portfolio.investmentguruindia.com/uploads/news/Hero Motocorp Ltd 1.jpg)
BUY Hero MotoCorp Ltd. For Target Rs. 5,400 - JM Fin...
![](https://portfolio.investmentguruindia.com/uploads/news/TVS Motor Ltd.jpg)
BUY TVS Motor Company Ltd. For Target Rs. 2,100 - ...
![](https://portfolio.investmentguruindia.com/uploads/news/Dr Lal Pathlabs ltd.jpg)
BUY Dr Lal Pathlabs Ltd. For Target Rs. 2,735 - JM F...
![](https://portfolio.investmentguruindia.com/uploads/news/Sapphire Foods india Ltd.jpg)
BUY Sapphire Foods India Ltd. For Target Rs. 1,570 -...
![](https://portfolio.investmentguruindia.com/uploads/news/HG Infra Engineering Ltd.jpg)
BUY HG Infra Engineering Ltd. For Target Rs.1,380 - ...
![](https://portfolio.investmentguruindia.com/uploads/news/Russia30.jpg)
Russia extends gasoline export permit
![](https://portfolio.investmentguruindia.com/uploads/news/Equity6.jpg)
Indian equity markets surge nearly 14 pc in June qua...
![](https://portfolio.investmentguruindia.com/uploads/news/Swiggy30.jpg)
40 pc jump in quick commerce spending during T20 WC ...
![](https://portfolio.investmentguruindia.com/uploads/news/Transport Corporation of India Ltd.jpg)
Buy Transport Corporation of India Ltd. for Target R...
![](https://portfolio.investmentguruindia.com/uploads/news/Repco Home Finance.jpg)
Neutral Repco Home Finance Ltd. For Target Rs.540 - ...
More News
![](https://portfolio.investmentguruindia.com/uploads/news/43e821f5f4fe406742cc7f442c2c6674.jpg)
Daily market commentary : Indian equities saw a relief rally following its global peers and ...
![Quote on Market by Arvind Kothari, smallcase Manager & Founder of Niveshaay](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kothari.jpg)
Quote on Market by Arvind Kothari, smallcase Manager & Founder of Niveshaay
![Morning market quote : The Israel-Hamas conflict has introduced a huge uncertainty for the markets Says Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com//uploads/news/vk vijaykumar.jpg)
Morning market quote : The Israel-Hamas conflict has introduced a huge uncertainty for the markets Says Dr. V K Vijayakumar, Ge...
![Morning market quote : Market likes political stability and a reform-oriented, market-friendly government Says Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com//uploads/news/broker_86.jpg)
Morning market quote : Market likes political stability and a reform-oriented, market-friendly government Says Dr. V K Vijayaku...