It’s Dangerous

Nifty is hovering above 10000 level and there is an impression being made that there is a lot more room to grow. No doubt that there is a lot more room to grow but only in medium to long term. The QI FY21 will be a wash out for manufacturing companies, for automobile sector, for … Continue reading →

Sugar Stocks

Friends, It looks to me that sugar scrips will be up by almost 2.5 times over the next 12-18 months because of certain phenomenon that I am observing right now. This may sound absurd to some but believe me there is certain basis for saying so. Things may take any kind of turn any time … Continue reading →

20 Lac Cr Worth of Economic Package Announced

Friends, Nifty is trading at 9439 at SGX right now, this is up by more than 200pts over what it closed here yesterday since after the economic relief package worth 20 lac crs announced by PM last evening. Nifty had touched high of 9650 in the intervening period. I do think that today’s closing will … Continue reading →

Nifty Prospects

Friends, Lockdown lift off us now in sight and may happen in a few days or a few weeks, The QI performance for most companies will be poor only but whenever a normal kind of performance is achieved by companies in general in a quarter after current quarter then the respective share prices would soon … Continue reading →

Indian Markets : Likely Scenario

Let’s first look in to what put Indian banking system in the troubled state which has bought many a financial companies under pressure. It began with reckless lending by banks in times of UPA-I and UPA-2 when Manmohan Singh wanted to reduce the negative effect on Indian corporates after the 2008 meltdown. The second, was … Continue reading →

Now is the time to act

Only this morning we told you to consider the following for purchase should they be available lower than yesterday’s price; now look at the prices just now after circuit-breaker has been applied for Nifty falling by 10%: Adaniports LTP now 246.35 (-14.36%) BPCL LTP now 286.80 (-16.70) Coalindia LTP now 133.25 (-13.78) Gail LTP 67.70 … Continue reading →

Make Most of the Meltdown

The indices have been in a very turbulent state. What u must buy today (if today’s price is lower then yesterday’s closing) if listed below: Adaniports LTP 289/- BPCL LTP 375/- Coalindia LTP 156/- Gail LTP 80/- Grasim LTP 564/- Heromotoco LTP 1922/- Hindalco LTP 121/- Infy LTP 631/- IOC LTP 88/- ITC LTP 156/- … Continue reading →

PanchtattvaQII Portfolio: Details of Holdings

We hold the following stocks in PanchtattvaQII portfolio as on 9th March ’20 : Adaniports 125 @368/- Axisbank 70 @725/- Bajajauto 15 @3080 Bajfinance 12 @4176.63 BPCL 100 @513.20 Britannia 15 @3160/- Infratel 200 @258/- Cipla 100 @480.85 EICHERMOT 4 @21094/43 Gail 400 @127.05 Grasim 65 @755.15 HCLTech 50 @553/- Hdfcbank 30 1254/- Heromotoco 20 … Continue reading →

PanchtattvaQIII Portfolio Details

The following is the present holding in PanchtattvaQIII portfolio: Adaniports 250 @368/- Axisbank 140 @725/- Bajajauto 30 @3082.50 Bajinance 24 @4202.45 BPCL 200 @461/- Britannia 30 @3160/- Cipla 200 @436/- Coalindia 560 @181/- EICHERMOT 5 @20500/- Gail 800 @115.13 Grasim 140 @760/- HCLTech 100 @553.20 HDFCbank 60 @1255/- Heromotoco 40 2480/- HDFC 40 @2262/- Hindalco … Continue reading →

PE, Book Value and Rate of growth of Nifty

Friends, Do you realize that presently Nifty PE is at 25.50 and Price/BookValue ratio stands at 3.2; what does it really means is that should this ratio is maintained it will translate in to nearly 1% rise in value of index that is Nifty every month and will keep compounding. In this light one should … Continue reading →