💼 A perplexing market action in recent days is the inexplicable volatility in FII activity.
💼 A few days of buying followed by yesterday’s massive selling of Rs 11,756 crores is difficult to explain.
💼 What are the factors contributing to this apparently irrational activity? Is this a one-off? Or, is there more to come? Answers to these questions will be available in the coming days.
💼 It is better for investors to wait and watch. Lots of stock-specific actions are likely starting today in response to the inclusion of 45 new stocks to the F&O list.
💼 Buy-on-dips strategy may not yield short-term gains in this market. But this strategy can be applied by investors with a medium to long-term time horizon.
💼 Large caps in financials, IT, capital goods, and telecom are ideal for accumulation from a medium to long-term perspective.
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Posted on : 29 Nov 2024 10:33 AM