संदेश

sensex 60 लेबल वाली पोस्ट दिखाई जा रही हैं

Best Stock to buy in 2022 Bear Market - TCS

  Best time to buy a stock ? Well what better than a recession when even the best in the business is available at a steep discount ! TCS is my 1st choice at the moment. Why ? Well, following points speak for itself (1) 2nd Largest IT company in the world with no worry of future business. (2) Largest company of Tata Group which is the largest business group of India.         App. 70 % of profit of  Tata group come from this single company. (3) Continuously growing top line and bottom line of business (4) Available at reasonable valuation with PE multiple of 29 (5) Regular buy back ensures value addition for share holders (6) Major company in both Sensex & Nifty and hence bought by both Indian as           well as Overseas investor. When FII will come back, they buy blue chip shares       like TCS first. (7) Operational for more than 5 decades now with consistent performance track      ...

Sensex at 60,000. Big Correction/ Recession under way. Time to be cautious

चित्र
Sensex is at 60,000 +  Will it touch 100,000 soon ? Well, certainly it will. Why not ? But more important question is when ? Not any time soon for sure. In fact,  a sure shot correction is underway. Even though future is uncertain, why I am so sure about an upcoming correction ? Well following are the reasons. (1) Sensex/Nifty Average PE has remained more than 30 for quite some time. It can not sustain it more. Average PE is around 20. Even if you consider bit higher, it can not remain above 25. so there is 15 % correction any how. (2) High inflation across the Globe - Be it USA, UK or India all these countries have printed lot of money, specially USA which has printed 40 % of total Dollars till date in just one year. All this will certainly cause very high inflation in USA which will ruin the party across the globe. (3) Interest rates are lowest in history - If you consider last few decades, India has not seen such low interest rates. Excess fund availability will further inc...