Geojit Financial Services Ltd
- 1st Floor, Brothers Mall, College Road, Kala Junction
Kothamangalam
Kothamangalam - 686691 -
- Closed for the day
- Sun Closed
- 2nd and 4th Saturday - Holiday
- Closed for the day
- Call Directions
💼A distinct change in the long-term market trend is discernible from the recent market movements. 💼The overarching trend that took the Nifty from the COVID low of 7511 in March 2020 to above 26200 in September 2024 has been the ‘buy on dips’ strategy that worked well consistently. 💼With the massive, sustained and unprecedented selling by the FIIs, which has touched Rs 98085 crores this month up to 24th, the buy on dips strategy is not working. 💼More important, the consensus downward revision in FY25 earnings estimate and the weak Q2 numbers have soured the sentiments to slightly bearish mode. 💼The positive factor is the sustained flows into mutual funds that is helping DIIs absorb the massive FII selling. 💼This can provide resilience to the otherwise weak market where even after the 7% correction there is no valuation comfort, except in pockets like largecap financials. 💼Growth stocks are likely to be more resilient in this market where value is hard to come by. . . . #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets #StockMarket #inflation #GeojitOutlook #MarketUpdate #InvestmentOpportunity #EmergingMarkets