panch-tattva/post result…bpcl

BPCL @267 (190608) gets 939 panch-tattva points and is good for picking on down days for long term.

 

P.S.You may ask for the professinal guidance under ‘panch-tattva’ for the scrips of your choice for just Rs 200/- per scrip whicch will keep you updated for up to the current quarter. The four all four quarter guidance you may pay Rs 500/- per scrip. By going through the past recommendations covered under ‘panch-tattva/post result’ and ‘panch-tattva/update’ , you will gain sufficient guidance for having confidence in the system.

panch-tattva talk…macro environment and nifty VIII

Friends,

 

The Indian Banks have the PLR of around 12.5% and it has never been lower than 10.5% in the last eight years. There is some possibility of banks revising it upwards but they have not yet taken a decision. This has been expected since after the RBI increasing the repo rate by 25 bps last week. The maintenance of PLR seems to be out-come of spread having reduced for the banks and the banks themselves have not been miding it due to saving in cost of inter-mediation. The inflation is high at over 9.5% as per the latest count and yet the PLRs have not moved in tendem, is some thing for which the banks have to be praised.

 

In light of above I do not consider that the stock market should suffer. The Nifty however lost some 70 odd points today and closed at 4506 after gaining some ground in the beginning of the week. The global cues have been negative and the Indian market had to cave in but it has still not reacted by the same margin as was the case with Chinese indices. This way the global market valueation at $53434 bn is represented by the Indian stock valueation by 2.21% while the China has got lower share than earlier at 5.08%  now. This speaks of gaining of imporatnce by the Indian economy viz a viz many other economies.

 

HariOm,

krsnaKhandelwal