Geojit Financial Services Ltd

Havells India Ltd. (HAVL) is a leading player in electrical consumer goods in India. Its key verticals include switchgears, cables & wires, lighting fixtures, and consumer appliances. For detailed research recommendations. Visit: https://shorturl.at/bRvbYFor detailed disclosure click here: http://geojit.com/gil/disclaimer#Investmentstrategy #geojit #invest #ResearchBytes #sensex #stockmarket #trading #stocks #sectors #investing #economy #business #investor #finance #GeojitIdeas #HavellsIndiaLtd #Investmentstrategy #geojit #invest #ResearchBytes #sensex #stockmarket #trading #stocks #sectors #investing #economy #business #investor #finance #GeojitIdeas #HavellsIndiaLtd

💼 In the near-term the market is likely to move to a consolidation phase. 💼 The high valuations will put a cap on the upside with institutional selling emerging on upside. This was evident from the institutional activity yesterday when both FIIs and DIIs emerged sellers, though marginally. 💼 Market dips are likely to be bought into since mutual funds are sitting on a large cash pile. 💼 Globally, the credit rating downgrade of the US has introduced an element of disquiet in financial markets. Even though this is not a near-term threat, it will have a sentimental impact of uncertainty and potential fallouts arising from presently unexpected developments. 💼 Investors can adopt a cautious approach of selling on rallies and buying on dips in the near-term. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets

💼 The prime mover of the ongoing rally in the Indian market is the sustained FII inflows of around 23800 crores so far this month. 💼 Of course, the decline in global trade tensions, the rally in global markets led by the US and the India-Pak ceasefire have created the setting for this rally. 💼 FII inflows can continue and the domestic mutual funds sitting on huge cash pile will be eager to buy any dip in the market. This will impart resilience to the market even when valuations are getting stretched. 💼 An apparently perplexing trend from the last trading day is that the market declined despite 14018 crores of institutional buying (FIIs plus DIIs). This indicates that FIIs are increasing their short positions in the derivatives market. So expect more volatility ahead. 💼 An important trend in the market is the sharp rally in defence stocks. Even though this segment has bright medium to long-term prospects, their valuations have become excessive and, therefore, investors have to be extremely cautious. 💼 Some profit booking in this segment would be appropriate. . . . #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #Inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets