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Large cap stocks may offer safety in current market
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, "The undercurrent of bullishness of this market has been reinforced by the market action during the last two trading days which saw Nifty spiking by 486 points from Friday's lows. The only concern in the market now is the high valuations particularly in the broader market. Investors may stick to the safety of fairly valued large caps."
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