Tagged with nifty

Portfolios…PTQ3FY21

Friends, You are aware that we had closed all previous portfolios in Nov 2020 considering that market was at a point which was not in conformity with fundamentals. Since November end market kept moving high but we waited for the results seasons to commence. Now the result season for Q3FY21 is almost over and we … 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

Recommendations at a Glance

Abbotindia @14634/-…Buy this for medium/long term. 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 29/01/2021…Buy this at under 635/-. Bhartiartl @609/- on 03/02/2021…Buy this now for long term. Bergerpaint … 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

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

Don’t Be Scared, Be Cautious

Please dont feel scared by looking at above chart because the sudden spike that happened in case of Heng Seng has a different back ground while spike in our Nifty look akin but it’s after a steep decline. We should however be wary if it keeps going up without any meaningful correction. I think 1500 … 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

Let’s examine whether Nifty is at the right point of value in comparison to other asset classes like bullion and gold over the 20 years from December 2000 to December 2020. Nifty in December 2000 was 1350 and in December 2020 it is at 13500, a clear ten times jump. Gold in December 2000 was … 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