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Below the Quote on Morning market Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited? - 09th November 2026 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited?

"With last week’s spectacular fireworks which saw the Nifty boom by 8.6%, the market sentiments have turned for the better. A rare convergence of positive news for India - FIIs turning aggressive buyers, fair valuations, winding down of AI trade, dip in crude price, decline in US bond yields and steadily improving corporate earnings as reflected in Q2 numbers- triggered the rally. When the situation turns favourable, the market needs only a trigger to rally. This trigger was provided by the Democrat’s victory  in the US elections, which, in turn, caused fears of deceleration in AI spending and sharp correction in AI stocks. 

The FII buying in India is likely to sustain paving the way for further rally in large-caps. It is important to understand that FII allocations track index weights during major market shifts."

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