How do you prepare for a stock market correction?
Before I start, let me assure you this – you are not the only one who is thinking about a stock market correction. In fact, my sense is that the number of investors waiting on sidelines or those who have built a portfolio to benefit from a stock market correction far exceeds long-term investors. Thanks […]
Stock Market Outlook – Multiple Corrections with much higher level over 5 years
Now that the whole world knows that markets are overvalued and that we are somewhere at the start, middle, or end of a bull market, the question for most investors is – should you still buy stocks and which ones? Of course you should buy stocks at all times. While the markets are overvalued, we are […]
Expected Return in Large Cap Stocks
I have consistently advocated investing in large cap stocks for the last about 2 years. Naturally, I find it hard to agree with those who have an overwhelmingly clear view that – Companies belonging to a large index like the Nifty and the BSE Sensex are a waste of time. Somebody recently asked me my […]
Best Valuation in IT Stocks at Current Prices
The recent correction in stock markets has brought down valuation for many sectors. Amongst others, Valuation in IT Stocks has come down significantly post the demonetization move by the Government. Keep in mind that IT stocks were already operating in a difficult environment post Brexit and on the back of all the negativity created by […]
Large Cap Vs Small Cap Stocks – Valuation Differential
All prices and growth figures based on close of trading day on 18th November 2016. Over the past few years, mid and small cap stocks have run far ahead of their large cap peers in terms of valuations. Many mid and small cap stocks have given multi-bagger returns while large cap stocks have in comparison underperformed […]
Opportunities From Demonetization in the Long Term
Before I get to the impact and opportunities from demonetization over short, medium or long term, I would like to put out 3 disclaimers: Disclaimer on demonetization: The last time we had such an event was in 1978. That was a time when there was no ATM, internet or online banking; there were no cell phones […]
At What NIFTY level will you start investing?
Over the past few months I have received many requests for portfolio rebalancing. Since August, I have been of the view that this is not the best time to deploy fresh capital in the market. Those already invested should try to rebalance their portfolios and so I have done in many client folios. […]
3 Reasons Why Stock Markets Are Rallying – And what you should do about it?
These days I see a lot of investors and perhaps fund managers running out of ideas. The general view seems to be that stocks are either too expensive or not worth owning because of poor fundamentals. My view differs to the extent that large caps that are not overburdened with debt will either continue to […]
Market Strategy and the Biggest Risk in Stocks in times of high valuations
Over the last few weeks, markets have beaten all resistance barriers and have defied the very notion of value. Those waiting for a correction sometime back have now jumped in hoping for newer all time highs. Anybody who believes in value may not find much for the taking. Certain I am however that many old […]
View on Current Market Environment and Nifty Results Q1 – 2017
Date and time – 3 August 2016 | 12:20 PM I don’t remember the last time when there was so much consensus on ….. anything really, and I have witnessed many events that were as certain as change of seasons. By now your ‘newspaper-wala’ surely knows that the markets are overvalued and that they will […]