Quote on Morning Market Views 17th June 2025 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

Below the Quote on Morning Market Views 17th June 2025 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited?
"Despite the escalation of the Iran-Israel conflict globally stock markets are steady and resilient. The decline in the US volatility index CBOE suggests that markets are unlikely to correct sharply unless the conflict takes a dramatic turn for the worse. The main contributor to the market resilience is the retail investors using every dip in the market as a buying opportunity. Valuations do not appear to deter retail investors. During the last 4 trading days after the conflict started FIIs sold stocks for Rs 8080 crores. This FII selling has been completely eclipsed by DII buying of Rs 19800 crores. Sustained retail funds flows, mainly through SIPs, are empowering the DIIs to buy consistently.
Nifty has support at 24500 level and is likely to face resistance at 25000 level. Even while exercising some caution, it makes sense to remain invested in this market and to buy the dips."
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