Geojit Financial Services Ltd

💼 Nifty is in a consolidation range and is likely to remain in this consolidation phase with a mild upward bias in the near term. 💼 The biggest positive for the market is the return of the FIIs and the consequent strength in the largecaps, particularly in banking and IT. 💼 FIIs turning buyers have enthused the retail investors who have been on the defensive after the near 10% correction from the September peak. Now retail investors are back in action and are chasing many mid and smallcaps. 💼 Mid and Smallcap indices have again turned resilient, supported by sustained fund flows in these segments. 💼 Valuations in these segments are hard to justify, but the resilience of these segments might continue, given the strong fund flows into these segments. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets