Geojit Financial Services Ltd

💼There are some important takeaways from the market trends in the present context. 💼The Russia-Ukraine war has escalated with Russia firing even Inter Continental Ballistic Missiles. 💼The relentless selling by FIIs continues with the selling spree reaching a record continuous 37 days. 💼But the market has corrected only by about 11% from the September peak. 💼This is a correction, not a crash. The mother market US is bullish with 25.43% return YTD. These factors suggest that the undertone of this market is positive. 💼The market can recover from the present levels since yesterday’s selling was largely due to the fall out of the Adani issue. 💼But considering the headwinds the market is facing, a sustained recovery is unlikely. 💼The strength in the broader market should not be confused with the fundamental strength of the segment. 💼The strength of the broader market, particularly the midcaps, is due to liquidity and not fundamentals. 💼Fundamental strength and safety are in large-caps. Banking and IT are fairly valued. FMCG, metals and Oil& Gas are weak. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets