Monday, November 14, 2016

NIFTY LEVEL IN FEW MONTHS and Demonitisation of 500 and 1000 notes by Modi Government....

Demonitisation of 500 and 1000 notes by Modi Government....there goes all the black money in the drain and sewearge...hurray...hurray...now the fun will start...legal money value has gone up by almost 3 times...the coming next 6 to 8 months will be very difficult for the economy...complete stand still...but thereafter Dhamaal...the economy will start soaring to new heights...

NIFTY IN THE COMING 4 MONTHS MIGHT TOUCH 7770 LEVELS....BUT MAYBE BEFORE MARCH OR APRIL 2017 or even earlier....and IN COMING FEW DAYS....8070 lvls is for sure...

Thursday, November 3, 2016

Worst in banking over, see consumption picking up: Ambit CEO

It will be a few more quarters before general consumption and investment cycles pick up, said Ashok Wadhwa of Ambit Capital. He added that he expects a strong positive consumption cycle in the first half of FY18 and an uptick in investment cycle in FY19 subsequently.

Banks are actively addressing the problem of non-performing loans and even corporates have realised the issue and are actively addressing the problem, according to Ambit. The worst in banking sector is over and collaboration between banks and the corporates will ensure that the issue of stressed assets is addressed, said Ashok Wadhwa, Group CEO, Ambit. He said that the brokerage has a positive bias on the consumer durables space in terms of growth. Two-wheelers showing a positive bias over a three-month period indicates the start of a positive consumption cycle and the broking house thinks that process may have begun, he added. ADVERTISING inRead invented by Teads Wadhwa, however, said that it will be a few more quarters before general consumption and investment cycles pick up. He added that he expects a strong positive consumption cycle in the first half of FY18  and an uptick in investment cycle in FY19, subsequently. Wadhwa also lauded the efforts of the government to be able to implement GST in a relative short time. The government is trying to make GST as inflation neutral as possible, he said. 

First story...US ELECTION RESULTS...Second...Italy Referendum...

The story of USA elections between Trump and Clinton has created so much uncertainty that all the idiots are saying that if Trump wins the US elections market will crash..what stupid judgement and reasoning..whatever it might be he will be in no position to start the 3rd world war..right now all this idiots are thinking if he becomes the president something really bad will happen..i dont buy their story..no one sitting on that post is mad to start something which will hurt so many people around the world..
For sure after the elections are over ..president elected whoever it might be..the story will be that the news got discounted...and then in next few days the new story of Italy going to referendum to stay in EU zone will start....and blah...blah....blah...whatever it might be the world will never be short of stories...