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Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said, “In the near-term, headwinds are stronger for the market than tailwinds. The continuing uncertainty in West Asia and the big and sustained FPI selling are the strong headwinds which are weighing on the market. In the absence of any resolution of the West Asia crisis, there is no scope for a healthy rally in the market. The bullish undertone of the booming markets in US, Japan, South Korea and Taiwan suggests more FPI selling in India.”