Chris Wood rejigs India exposure; removes ICICI Bank, HDFC Bank from portfolio Christopher Wood, global head of Equity Strategy at Jefferies, has made some changes to his India portfolio owing to the extended lockdown.Get latest Market online at cnbctv18.com
Over 50 stocks with a m-cap of Rs 10,000 cr trade below 2008 P/E; should you buy? A lower P/E ratio does not always imply that the company is undervalued. The reason behind the lower P/E ratio can be the poor financial performance or decrease in earning.
If I had money, I'd wait for the sentiment to show a slight turn around and wait for the price to rise a little bit. But if your money is burning a hole in your pocket, picking up a few may not hurt if you are in for that long. Don't curse yourself, if it dips further though :).
So I saw on news yesterday which made some sense: US shale oil industry which is now the world's biggest crude producer is going to take a massive hit if there is a supply glut. $30 a barrel is unsustainable for them. And banks may not be lending further to these companies. Which...
Can someone educated explain to me why when Crude has crashed (potential lottery for Modi sarkar) are we seeing the Indian markets crash like never before instead of rising (conventional wisdom)? Also why US crashing, I though they were pumping their own?
SBI investing is a great thing, Yesbank gonna make a come back when all is said & done. Trust wont be earned overnight but over long term it wont matter. No one cares about PMC & other cooperatives but Yesbank is too big to fail indeed.
Exactly. If you share a tip, share it with some good data/analysis backing. Just saying - buy this, sell that and adding stupid rockets and emojis is just spam. No one going to subscribe your service EVER.
Don’t Waste a Slowdown: Part 1. What’s Going On? Things are looking strangely bad for the economy. Bad because, well, I’ll put up some data. And strangely because this isn’t really upon us overnight – but we were rejoicing just a few quarters ago. What’s really wrong? At the very top, the GDP is now SLOW as heck. The Real GDP which subtracts inflation …
Sadanand Dhume on Twitter “Per capita income:
[Poor countries typically grow faster than rich ones because of a lower base. Idea that growing faster than the US is an achievement for India is absurd. Credit for growing faster than China is only slightly less absurd.] https://t.co/6FQ4JxhcQt”
This government is doing chindi chori. They need to open the gates for foreign investors and shut the shutter on PSUs. Modi should do what he promised - the business of government should not be business.