Progressive Indian. Blogs @ https://t.co/wP3dwfqdWh. Congress supporter. Views personal and not investment advice.
Great for Axis Bank...
More inflation coming due to global supply chain disruptions due to coronavirus.
#nifty vs S&P500- Since this govt came back to power in May 2019, Nifty (orange line in chart) is up just 1.65%, compared to S&P 500 index which is up 20.75% and is in a massive bull run.
Voltas stock at an all time high. Looks like we are going to have an early summer this year. Middle of Feb and I already have fans running all day. AC season doesn't seem far away!
Yup. So it is a 10 year low but the stock is back where it was in early 2005, 15 years ago!! Nifty went from 2000 to 12,000 in this time!!
ONGC stock was at all time high in 2014 when this govt came to power in 2014. Now it is at 15 year low. Reason is obvious- PSUs are being ruined under this regime. Why ONGC shares are below ₹100 for the first time in 15 years
#Nifty down over 300 pts in 3 trading days since the AGR crisis started again on friday. This govt has done absolutely nothing to resolve the telecom sector crisis in last 4 months. What is the point of absolute majority when you do nothing in time of crisis?
Coal India stock at record all time low today! The value of PSUs under this govt keeps on falling to unimaginable lows. Tragic.
This is ridiculous. In no way a profitable LIC Hsg Finance should be merged with massively loss making IDBI Bank.
Nobody wants to take decisive action when it is needed. The self created strong decisive image is only for reckless misadventures. The FM and PM should have intervened. But they should have also done so in cases of ILFS n DHFL. Politicians think problem will go away by inaction.
Airtel stock hitting all time high.....it will probably get 12-15cr out of 30cr voda subscibers if voda shuts down. QIP sum, tariff hikes and impact of potential new subs should be enough to pay its share of AGR dues yet and remain profitable from FY21.
Exited Page Ind for now. Will look to buy again when financial performance improves.
Which pvt investor will put in 10,000cr win Yes Bank when things are so bad that bank is delaying quarterly results?? Only SBI, LIC or RBI/govt bailout seems like last hope to me...
Sabko VRS milega MTNL aur BSNL walon ki tarah!!🤣�
Ashok Leyland was the most profitable CV maker till 2018. Now it is just somehow avoiding losses. CV sales are still showing no signs of revival.
IIP is back in the negative. Such a tragic situation. Industries are shutting down while inflation is sky high. This govt is set on making the common man poorer.
January 2020 CPI At 7.59%. Inflation keeps on surging even at a time when global commodity prices are very low. This only reflects on how badly the domestic economy has been managed by the present govt. #महंगाई_का_करंट
While #BankNifty is just 3% away from all time highs. The well run big pvt banks will keep getting bigger while the rest struggle and the PSU ones remain a drag on our tax money.
Kotak Bank and ICICI Bank are trading near their all time highs. Expecting move to 1900 for Kotak and 600 for ICICI in next few weeks. I've been accumulating recently.
I won't be surprised if the #BankNifty even hits 50,000 by 2024 with most of the contribution coming from the Big 4- ICICI, HDFC Bank, Axis and Kotak. A basket of these biggies should easily give 20-25% CAGR returns even in challenging economic times.