Quote on Morning Market 24th September 2026 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
Below the Quote on Morning Market 24th September 2026 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
"The sharp spike in Brent crude above $102 and the US 10-year bond yield rising to 5.11% will weigh on the market today. So long as these two global headwinds remain, the prospects of a smart recovery in the market appear remote. The recent market trend has been sustained focus on on the mid-and small-caps. Growth stocks in these segments are witnessing sustained accumulation, irrespective of their elevated valuations.
The humongous domestic liquidity chasing these mid-and small-caps is the principal reason for the resilience of this segment. Meanwhile large-caps languish despite fair valuations. This trend will change, but its timing will depend on the trend in crude price and bond yields.
Today the market’s focus will be on the NSE listing.
Therefore, everything else will be pushed to the background. If the NSE stock becomes available in today’s trade at a fair price, that would be a good opportunity for long-term investors to have a blue chip in their portfolio."
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