What will be the Demonetization Impact on Stock Market? asked one of the readers of this blog. Though i am not a SEBI registered Investment Adviser, therefore, cannot suggest stocks but i can always share my views. At the macro level from a sector perspective, the stock market is zero sum game until unless there is dire need to exit the stock market. For example, suddenly the FII buying stopped and they become a net seller. In such a scenario, the retail investors should exit the market. At the end of the day, retail investors will lose money in the stock market if FII's exit. Under normal ... Read More
Impact of Reliance Jio on Telecom Stocks
The Launch of Reliance Jio will not impact Telecom Stocks concluded one of the telecom analysts after Reliance AGM last week. Maybe the conclusion is based on overall weakness in the stock of Reliance Industries Limited (RIL). The last years return of RIL stock is -16.72% whereas the return from Sensex is +5.38%. Sometimes i doubt whether stock market considers the financial strength and fundamentals into account or not. The best examples are RIL and ONGC, India's most profitable companies. Ideally these 2 companies should outperform each and every listed company on the stock exchange. ... Read More