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Below the Quote on Market 24th October 2026 by Vinod Nair, Head of Research, Geojit Investments Limited

"The key concern in today’s market is the disproportionately sharp correction in mid- and small-caps relative to the Nifty. Valuation concerns and unwinding of leveraged positions, combined with surging crude prices and weak global cues, have intensified pressure on the broader market. The rise in India VIX also indicates that near-term volatility will persist. Continued Middle East tensions could keep crude prices high, while the AI-led global equity sell-off continues to weigh on risk appetite. Going forward, inflation trends and the response of major central banks in balancing inflation and growth will be critical to market direction. In this environment, we expect stock- and sector-specific opportunities to dominate, with earnings visibility and valuation comfort emerging as the key differentiators."

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