mayankpatel
TF Buzz
IMO, FII have started selling and all good news have been factored in. If FII continue selling, feels like upside is capped. Any bad news will take Nifty to 24k.
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Nifty - Good time to enter(22k) or stay away...
- Thread starter hender
- Start date
- Replies 90
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When there is euphoria, people tends to forget fundamentals. Currently, with defence stocks, it is same.
A company with as little as 25-50L in order book is rising like they have 100 cr in order book. So have a balanced approach. Look at the fundamentals and invest in it but do exit 50% if you see it rising 30-40% and keep other 50% for much longer term of say 10 years.
Short term to mid-term defence stocks will be running blindly. Buy on dips.
Currently the overall market perception is neutral. Nothing much on hands to boost it to previous highs. At same time nothing much negative to bring it to recent lows. Overall I will wait for 20K for re-entry no matter it comes in 1 year or 3 years but it will eventually come.
I can afford to happily sit on cash and FDs and gold/bonds I already have.
.5 % cut will pain them Who solely depend on interest income.
Already 6.85 % is present rate of big Bank. On a 2CR portfolio - it would be a 1 lakh cut.
brightknight
TF Ace
kaisa maja? loan le rkha?
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No cut this time around.
Next policy it will cut by 0.25%.
Impact on market as a whole will remain on lighter side with Nifty hover between 21500-26000 for next year. Nothing much on hands to push it above 25500-26000 and not much negative too to bring it below 21500 until unless some mad brains lose their mind. Current situation of planet is not positive at all. So stay cautious. Use any opportunity of profit to book it.
Maybe this year I wont enter markets at all either direct stock or MFs.
Last edited:
6ix9ine
TF Legend
Nahi bhai, my POV was based on the slowdown, that’s why I said 0.5%, since the data looked solid.
Quite a shocking move in my view but agressive stance was needed. More money will move away from banks now. Will favor pvt lender who will keep their deposit higher than banks to lure money.
Middle class will move to higher risk higher rewards except conservatives. Thing seems to be going back to where it started with FDs at 5.5-6% thing in coming days.