EXCLUSIVE: I believe the bottom is in place and we are probably in a new bull market, says market expert Vijay Kedia
Updated: 13 Sep 2022, 09:00 AM IST
TL;DR.The stage is set; the game has begun as the DIIs are leading. The FIIs’ sales of $30 billion worth of stocks have been digested by DIIs in the last 15 months and FIIs just bought $6 billion back and the index is near ATH. What does it say? It says what did not happen in 30 years of history of FIIs, has started happening now. In times to come, people will stop talking about the FIIs’ daily buying and selling figures as they are becoming irrelevant, says Vijay Kedia of Kedia Securities Pvt Ltd.
Vijay Kedia of Kedia Securities Pvt Ltd firmly believes that the stage is set; the game has begun as the DIIs are leading.