Geojit Financial Services Ltd

💼 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