Quote on Today's fall in market from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

2024-06-04 11:49:30 am | Source: Geojit Financial Services Ltd

Quote on Today's fall in market from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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Quote on Today's fall in market from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

"The steep fall is due to the results so far falling short of the exit polls which the market had discounted yesterday. If BJP doesn’t get a majority on its own there will be disappointment and this is getting reflected in the market. Also it is possible that Modi 3.O may not be as reform-oriented as the market expected and may turn more welfare- oriented. This is getting reflected in the strength in FMCG stocks."

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Quote on Today's fall in market from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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