Views on Life & on Equity Investing

Wonder, Wealth & Abundance

Capitulation is a coming – India

with one comment

Feel it in my bones that another 15-25% potential downside from here for Indian stocks.

Might be worth investing back in India in mid 2017. Most FIIs will come again 2018, half of the first time retail investors will not return for several years.

Written by amitdipsite

November 21, 2016 at 6:13 pm

Posted in Uncategorized

One Response

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  1. Definitely time to sit on the sideline for Indian market. Need to see some figure of demonetization drive. To see how much of the total cash that was available in old Rs 1000 and Rs500 denomination is actually deposited back in banks and how much is destroyed or remove for circulation as it might give extra ammunition to government to print more money if it is not deposited back and just lost. And that money might end up getting spend on infrastructure projects by government. Also It will be interesting to see how the inflation figures behave with this redistribution of wealth. I have heard that in people are paying laborer and student to stand in line of bank queue Rs 200 to Rs 500 to change money. First move will be to lower interested rate because of depreciating effect. Fundamentals of some of the main stream companies will not change because most of there business is done through proper banking system but there will be revenue hits as people won’t be spending as much because of lack of cash. FMCG would be still Ok as it is all based on necessity of daily life.

    Aaki

    November 22, 2016 at 12:08 am


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