The market rally is already factored less than 5% gdp growth. This rally is related to stock specific and corporate tax cut by more than 10%. Rally is related to index heavy weight like reliance which mcap is already breached 10 lakh crore. If reliance sneezes market gets fever. Rally is related to index resuffling, performers in and laggards out from index. Many more factors for rally, of course retail's out scope.
Some more.. Corrupt iconic Chanda is terminated from ICICI. So called whistle blowers at Infosys are turned out as bullshits... Adag out from index and from public scene for good.. more positives than negative...
dear member am applying for ipo since 2014 . but dont know bcz of bad luck or some reason i didnt got any allotment till date ? is am doing any mistake ? experienced member kindly reveal how to get atleast one allotment in ipo . currently i applied for CSB IPO.hoping for the best .
Good, hats off to registar link in time.. but they should have made the allotment out in their portal for transparency before any unblock or bocking otherwise more scope for back end transaction as ipo is heavily subscribed...
Earlier market always nosedived on falling gdp every quarter...but nowadays bulls still riding on modi wave which already finished....punters failled to discounting wrongly calculation seems
It's a question Fundamental vs sentiment But Market anticipate some more relief from government like GST cut Income tax cut DDT remove from corporate CGT reform on securities Might be the reason for the bullies trend
Some analysts are comparing this scenario to 2008.its impact would be in 2020. Credit growth is a big concern.RBI continuously cut-down int. rates throughout the whole year.In Dec. also min. 15 BP cut for sure. Market is trading near 20 p/e.Very high valuation.History shows whenever market trades above 15 p/e , there is a sureshot correction.Mkt would correct near 37k-38k.One should remain cautious while investing. Slowdown in auto sales is also a big headache.Electricity demand is also sluggish.
@ harit Partial DDT may be pass-on upon us , from corporate to investors.This will benefit all PSUs and Divd. paying Cos.Govt. will take decision in this budget and alter STCG & LTCG tax.
Remembering a prediction made by a brokerage house on a business channel on 17/11/2016, that GDP will fall to 4 to 5%(unthinkable at that time) ....so accurate it is now.
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November 30, 2019 9:27:05 AM
Top Contributor (300+ Posts, 100+ Likes)
We the retailers cannot understand market thats why most of us unable to earn huge chunk of money from Share Market.
There is one anomaly: "Market Bottoms Out before economy". And this we have been witnessing since Oct-2019. This is the last down tick in GDP from now onward gradually GDP will start upward journey. FII knows this, thats why they bought huge amount of equity in Nov-2019.
4.5% GDP has already been priced in. There will be no significant effect.
Angel is M.C. I had applied for SME shares. The shares got credited in my demat account with Angel Broking. As the prices were going down of that stock CROWN & HUSSY (NSE SME). I told them to sell. They told me transfer your shares to some other DP. We at ANGEL have decieded today to stop trading in SME STOCKS. The prices were going down. It took me 15 Days to open new demat account of my entire family with other broker. After that I gave transfer instructions. It was rejected on grounds that the DIS slip is outdated. I applied for new DIS book it took another week. I again gave instructions in new DIS book they rejected on grounds that the Demat account charges are not paid. I paid the demat charges. Got the shares transferred to another broker's Demat Account. At the time of selling the prices of the stock almost declined to HALF. I have incurred Rs 7 LAC losses. Because of their sudden decision to stop trading in SME STOCKS. AT LEAST THEY SHOULD GIVE ONE MONT NOTICE BEFORE STOPPING TRADING IN ANY STOCK.
HENCE I REQUEST ALL OF YOU TO CLOSE YOUR ACCOUNT WITH ANGEL BROKING LIMITED,
I had applied for SME shares. The shares got credited in my demat account with Angel Broking. As the prices were going down of that stock CROWN & HUSSY (NSE SME). I told them to sell. They told me transfer your shares to some other DP. We at ANGEL have decieded today to stop trading in SME STOCKS. The prices were going down. It took me 15 Days to open new demat account of my entire family with other broker. After that I gave transfer instructions. It was rejected on grounds that the DIS slip is outdated. I applied for new DIS book it took another week. I again gave instructions in new DIS book they rejected on grounds that the Demat account charges are not paid. I paid the demat charges. Got the shares transferred to another broker's Demat Account. At the time of selling the prices of the stock almost declined to HALF. I have incurred Rs 7 LAC losses. Because of their sudden decision to stop trading in SME STOCKS. AT LEAST THEY SHOULD GIVE ONE MONT NOTICE BEFORE STOPPING TRADING IN ANY STOCK.
HENCE I REQUEST ALL OF YOU TO CLOSE YOUR ACCOUNT WITH ANGEL BROKING LTD.
10 YEARS BACK OLD STAFF WERE GOOD NEW STAFF ARE CARELESS. THE OWNER HAS SOLD SUBSTANTIAL SHARES TO FOREIGN INVESTORS AT A HUGE PREMIUM.