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Some data. We need our PM @narendramodi to look into this. The biggest Scrounge of Indus is such corruption. Anything govt touched in providing services or taxes seems to lead to corruption @sanjeevsanyal
Valuations have moderated for Mid- Smallcaps compared to last year peak
But still above median of past 3 yrs and far higher than starting point of previous bull leg in Mar23
@soicfinance LargeCap stocks growing at double digits :-
Bajaj Finance
Titan
Bharti Airtel
Muthoot Finance
Max Health
Lodha
DLF
Adani Ports
ICICI Bank
Trent
Eternal
SBI Life
HDFC Life
Adani Green
M&M
TVS Motors
L&T
Kotak Bank
DMART
Divis Labs
Eicher Motors
Solar Ind
Chola Fin
PFC
HDFC AMC…
Hindustan Copper
Clearly trying to lead the pure metals sector.
Mining is lead by GMDC
Look at that institutional Rush there & extreme Relative strength. In a good overall market environment, this would have been a no brainer.
Just like there are many ways to enjoy Paneer 😃, there are many ways to make money in the markets.
You have to pick the method that makes the most sense to you.
#ROC18M on #Smallcap Index is 3 this month while for #NiftyAlpha50 <0
Market needs just 5-10% correction at Index level to start triggering oversold levels. Be Prepared.
Sometime back had suggested to keep an eye on #BseEnhancedValue Index
This index with PE <10 & PB 1.5 is like an Oasis In desert of high PE / PB funds
Looking to make new 52W high while broader market sulks
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