Tagged with markets

Stimulous and Relief Packages

The govts after govts have been announcing stimulous and relief packages during last 12 months. The govts can not tax people at this unfortunate turn in history of mankind at higher rates and have to spend more and more. The easy option is to print money giving it name of stimulous and relief packages. This … Continue reading

Who can hold nerve…

Friends, I am not talking of changes in price level from lows of the years, I am pointing out to you the change in Nifty and its component companies over the last 365 days before the melt down. You may see stark difference in level of prices now and back 365 days. Every passing days … Continue reading

Recommendations at a Glance

Abbotindia @14634/- on 09/02/2021…Buy this for medium/long term. ACC @1765.- on 12/02/2021…Buy one lot now and secon lot at under 1635/-. Adanitrans @532/- on 05/02/2021…Buy this at under 435/-. Adaniports @576/- on 10/02/2021…Buy this at under 535/-. Adanigreen @1068/- on 11/02/2021…Wait for correction and next advice. Auropharma @935/-…But this for medium/long term. Axisbank @666/- on … Continue reading

The Markets

Look at the following snap shot. The PE and PB (price to book value ratio) that Nifty commands today have never sustained, however, the present rate of interest is also at a low point and may have been the reason people feel comfortable to hold stocks. There is however a need to be cautious about … Continue reading

The Markets

The leading indices are rising and rising purely on back of FIIs purchasing. Biden is sworn in America for America, not for India. So, any kind of enthusiasm on that score is foolish. Our budget is mostllikely going to be a non-event. The corporate taxes at already at low point and may be tweaked to … Continue reading

TCS @3120 on 08/01/2021

This may be sold now if in stock, however, it seems worth buying ta under 2865/- for medium/long term till the next advice…ref 145/385/2035/1091/1200/1200/1000/1000/qIIIfy21). N.B. This has been good scrip to hold and has given good performance over the last five years gaining more than double the in terms of price while its sales revenue … Continue reading

The Markets and Historical Performance of Companies

The market has not stopped its upward journey, the reason seem to be nothing else but the advent of Corona vaccines and the liquidity injected, and expectation of further such injections. The companies are likely to perform better but we have still to confirm whether the performance will be better against a normalised past year … Continue reading

The Markets and Historic Performances of Companies

The market has not stopped its upward journey, the reason seem to be nothing else but the advent of Corona vaccines and the liquidity injected, and expectation of further such injections. The companies are likely to perform better but we have still to confirm whether the performance will be better against a normalised past year … Continue reading

The Markets

Nifty closed at record high of over 13500 mark. This is remarkable showing. The only flaw I see in this journey is that it is based on financial sector including banks and NBFCs. Unlike commodity sector or mining an metallurgy sector, in financial or FMGG or IT, etc. any spectacular sudden jump is not possible. … Continue reading

The Markets

Nifty kissed 13000 level and this is not a bad thing to happen in a scenario that is otherwise very unnerving. However, at this juncture we need to pause for assessment of future possibilities in respect of Nifty. It’s present PE is 27 and P/BV is 3.5 and dividend yield is 1.4%; all these 3 … Continue reading