Sunday, September 22, 2024

It looks like 2020 or 2007 or 2000 all over again

 the key to making money in stock markets is by investing that's by having the long term view... investing with the time horizon of more than 3 years and an investor has to be fearful when  others are greedy and be greedy only when others are fearful.  Now there is greed all around as can be seen by over subscription of IPOs by 100 ot times, psu stocks are trading at triple digit p/e s. In fact as is the norm in Bull market in p/e ...e is euphoria ..mid caps become mad caps...there is consistent inflow of a liquidity from domestic investors. the same was there also in 2020 and it didn't prevent stock market crash of 50% though covid was the reason at that time. same will definitely happen again in near future and the reason maybe something new but it will happen. so be very very cautious 

Monday, July 29, 2024

 be very very cautious


be fearful when others are greedy and vice versa...every body is bullish on indian equity markets...the indian stock market to gdp ratio is aroiund 1.5...stocks are trading at p/e of 50 or 80 plus..it is time to start booking your profits