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आज ही बी पी सी एल के परिणाम आए हे, उनको देख कर लगता हे की सरकार और तेल कंपनिया हम को कितना बेवकूफ़ बना रही हे.
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जयपाल रेड्डी के मुताबिक सरकार ने कुछ दिन तक हालात पर नजर रखने का फैसला किया है। ...
buy with a target of 400 in 12 months...
Yes it is good to accumulate. But what one buys is what matters ultimately....
Whatever valuation matrix suggests,one thing in my opinion is very clear that rupee shall touch 60 in medium term.Defensive shall outperform for 2/3 yrs in this market and quality businesses&management shall be separated from man to boys....
May be you are right that it is short covering but defnitely a good bounce back,it is definately a time to accumalate....
There was some respite for the bulls on Thursday, as shares rallied on what appears to be a mix of bargain buying at lower levels and short covering of positions. Medium term concerns, especially over the falling rupee, widening current account deficit and Greece’s likely exit from the Eurozone, could continue to weigh on sentiment. Valuations are looking attractive, no doubt, but a meaningful upside from these levels still appear some way off. Some patient investors among high networth individuals have started accumulating shares perceived to be quoting below their intrinsic worth.
Saurabh Mukherjea of Ambit on why India is oversold and now is the time to be bullish on Indian equities:
* Sensex trades at a Price/Book value of 2.7 times against 5 year average of 3.3 times. The Sensex was significantly cheaper compared to current levels only in
the year after 9/11 and in the wake of the Lehman crash.
* BSE500 trades at a Price/GDP of 61% against 5 year average of 83%. BSE500 was significantly cheaper only until 2005. Since then, with the exception of the post-Lehman period, the market has never been this cheap relative to underlying national income.
* Sensex trades at a CAPE(cyclically adjusted real P/E) of 15.4 times against 5 year avg of 21.3 times. India has only once traded at lower multiples during post-Lehman months when it hit 12 times.
“Whilst given the scale of the European crisis and given India`s comatose Government, it is easy to be bearish on India, now is almost as good a time as any to buy India. The country will rarely look as attractive on valuations when the world economy perks up and when India`s growth hits its cyclical peak,” Mukherjea says in his report.
What do you think? Is this a good time to start accumulating shares?
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सूत्रों के मुताबिक पेट्रोलियम मंत्रालय चाहता है कि डीजल के दाम 5 रुपये प्रति लीटर बढ़ाए जाएं।...
This is a brave move time by UPA 2, though a rare phenomenon among CWG, Telecom, Adarsh and the list goes on!!!!!!
They should continue same treatment with Diesel, Kerosine, LPG, Fertilizer ....... subsidies.
Anyways common man is reeling under inflationary pressure even with populist moves.
At least OMC\...
This is a brave move time by UPA 2, though a rare phenomenon among CWG, Telecom, Adarsh and the list goes on!!!!!!
They should continue same treatment with Diesel, Kerosine, LPG, Fertilizer ....... subsidies.
Anyways common man is reeling under inflationary pressure even with populist moves.
At least OMC\\\\`s will come in green & country\\\\`s fiscal deficit will improve. Good for long term.
Now let us see, how far Govt. manages to avoid roll backs.
And politicians specially from bengal should understand, people of the nation don\\\\`t want to replicate bengal story.
We don\\\\`t want Sanand\\\\`s to represent India rather than Singur....
