Morning Market Quote : The market will be weighed down by the uncertainty on that front Says Dr. V K Vijayakumar, Geojit Financial Services
Below the Quote on Morning Market views from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
A significant feature of yesterday’s rally is that it was led by fairly-valued, domestic-focused segments like leading financials. This trend can continue. Beaten down stocks in the mid and smallcap segments also have bounced back. There is more steam left in this segment, too, even though the valuations in the broader market continue to be high. Investors can wait for better clarity to emerge on the sustainability of the ongoing trend. Domestic-focussed themes continue to be safe bets."
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