One bad move can turn the tables for everyone, and reliance can be no exception! Debt is high, true, but that is why investments by aramco and softbank will help!
There were reports too for Reliance Retail IPO by june this year!
At the end of the day, we can just hope everything remains good! @xuseronline
Maruti, just a regular affair, another big fall tomorrow.
Result came during market hours and stock saw 2% fall. Re-ratings might see some more pain tomorrow and in coming days.
3 applications in neogen. Milna to waise bhi nahi hai.
Worth a subscribe? Any listing gains expected?
aply
current asset allocation should not exceed 15-20% for moderate investor and 25-30% for aggressive investor. market p/e is around 24, yields also rising.
Which index has P/e of 24?
Currwnt Nifty pe is 29+ & other index having even more pe…
0/2 in neogen and still 1 application status to be known in obc bank. 
Finally got 1 lot. 👍 1/3.
https://www.linkintime.co.in/IPO/public-issue...ml neogen allotment officially out.
Applied from 3 accounts… none allotted
Sold neogen at 261.95 now stuck in upper circuit. Aage jaane kya hoga rama re….
Congrats!
Didn’t invest citing skepticism from all fund houses! Every other ipo is booming right now
but isn’t this hypothesis flawed in its understanding?
when the very businesses, industries (industrialists), power brokers/ deal makers who run governments fudge their own statistics, growth numbers and facts
then
wouldn’t Indians routing funds via FIIs and real FIIs too not know that growth numbers are a jugglery and OFTEN fudged?
even without the NSSO and others saying so, wasn’t it a known fact that growth numbers, GDP methodology changes, bogus (untraceable, unresponsive) companies and immoral bureaucrats, politicians cooked up fictitious data?
[NSSO recently ‘claimed’ that in a detailed survey of some odd 30-35000 companies (out of a 1.5 – 2 lakhs in MCA21 records), which allegedly provided their output data… one third turned out to be untraceable (fake) or unresponsive (7% out of those 30-350000 approached, didn’t respond. rest 26% or so were fake or wound up).
so fake GDP numbers or India as a country fudging data, by itself cannot be a main reason for the run (out) of the market, can it?
Best midcap stock rite now?
According to valuation or technical
Good days here for long term investor. Election come and go, available price to book doesn’t come so often.
Summer is here. 
cheapest price to book for bse 100 was 2.6x in about last 4-5 years. today we closed at 2.75. it can still go down though price we are getting stocks mainly when index is full of financial stocks, is getting cheaper hence investing small amount makes good opportunity. when profits start to come, p/e will come down and p/b shall stay in this zone.
Just imagine a mutual fund that too a debt fund which is advertised on television with Mutual Fund Sahi Hai slogan as safe option like FD loses 53% of invested amount in a day! Thats Tata Corporate Bond Fund. More than half of your money is gone, vanished, chole gache, gayab, furr…. There are funds which lost 40s, 30s and 20s of percent in a day. As usual sebi is sleeping and government’s NCLT law is helping these frauds to go bankrupt and buy back own company as different entity.
Nowadays no ipos?
No liquidity due to elections so big money won’t come, market is all time high so FIIs will restrict themselves, small investors waiting for sharp fall so they won’t participate either. Take example of neogen, if it had come a year ago, it would have gor subscribed 400 times in HNI, 100 times in QIB but didn’t happen. Also lead managers think market will correct big time hence it is not safe to come with IPO.
After ILFS, JSPL, ADAG, DHFL it’s now turn of Indiabulls Housing Finance. If your debt fund has this in portfolio (infact any Indiabulls NCD or deposit), redeem it today and better to switch to liquid funds (quantum or parag parikh) for few days.
+1
Have warned before about Yes bank, will warn again. Stay away from Yes, Indusind, IDFC and even SBI as they have huge crap of DHFL and Indiabulls loans and bonds. Yes bank have highest share and has all sort of different problem. Don’t catch the falling knife.
PSU (minus PSU banks) have huge potential, they were never this cheap (some of them). It’s your ability to find few. Don’t message me because I am not tracking but it’s almost certain that next rally will be of PSUs (again don’t touch PSU banks) seeing quality at throw away price!
And I saw PSUs only after someone messaged me about a certain share. With 1.1x p/b, 10 p/e and 3.5~ dividend yield, they may go down in falling market but will rise faster than others.
Technical indicators telling good times coming soon. Buy on dips market has arrived. 👍
uti ultra short, reliance ultra short, l&t low duration, most of the corporate bond funds, most reliance and dhfl pramerica funds, few credit risk funds of frankiln and some sbi funds. in all check your debt fund factsheet or get ready for likes of 50% investment amount getting wiped out in single day.
Every dip is buying opportunity.
Kamate raho.
IndiaMart InterMesh IPO to open on June 24, price band set at Rs 970-973.
India’s largest online B2B marketplace IndiaMart InterMesh is set to launch its initial public offering for subscription on June 24, with a price band at Rs 970-973 per share. The public issue will close on June 26. For anchor investors, the offer will be open on June 21.
@marketdimer Bro, I want your opinion about this. I want to subscribe for an IPO for the first time.
@drjpatwa nifty p/e was about 22.38 last Tuesday, it doesn’t includes loss making companies and is standalone whereas consolidated will be around 20.xx something. Don’t fall for 29-30 p/e in nse website.
Also, midcap and smallcap p/es are at 4 year low, 19 and 17. But caution required as smallcap p/e can go to single digit also. Still what is seen is market breadth is cheaper than what it looks like. If you remove HRITIK stocks, nifty alone is quite. cheap.
U r talking about forward pe or current pe ? & from where did u arrived at nifty pe of 22.38 ?
& I think when we are calculating index pe, we can’t exclude some stocks which are overvalued or loss making.
Comment #1000
Sahi baat hai 
@marketdimer keep guiding us sir
Plenty of warnings by RBI on NBFC and Banks situation. Biggest alarm is RBI says 5 HFCs are in distress, we know 2 already, DHFL and Indiabulls HFC, will come to know about rest 3 if things doesn’t gets normal. RBI warns that such HFCs can bring down banking system. Also it says that there is big NBFC which is in bad position and can destroy many banks. There is much more hidden than shown https://wap.business-standard.com/article/pti-s...
Also Sebi wakes up and impose many new regulations on debt funds. Too little too late? Liquid fund has exit load now, no debt fund can have HFC debt more than 10%, every fund require enough cash to keep check on redemption, Also 20% cash is necessary to hold in any liquid scheme, liquid and overnight funds cant buy short term bonds and much more.
In other news finance ministry is hell bent to lower deposit rates in provident funds and other govt schemes. Most probably a 0.5% cut expected this week in all govt saving schemes. This will further lower bank deposit rates and savings rate however chances of loan becoming cheap is far from reality as banks will not pass any profits whatsoever, already they are facing deposit crunch.
So govt does a petrol diesel rate cut on small saving schemes. Decides to cut just 0.1% initially and which confirms that 0.5% (or even 1%) is on cards in near future, slowly but surely.
Indiamart IPO allotment
https://linkintime.co.in/MIPO/IP...pxGMP 120-130. Was very costly, didn’t apply. Operators in play, will be interesting listing and post-listing few days.
@marketdimer : Quick questions Sir:
1. All my SIPs are in red and people are advising not to invest anymore. What is your thought – should I wait or invest some lumpsum in SIP now (I am investing lumpsum in FD right now)? Can you recommend 2 good SIP each in large, small, mid, multi cap?
2. I currently have Kotak Trinity & so its Demat, Trading account. Has AMC of 400. Should I switch to 0-DHA?
I am no sip man because I always felt sip is a product sold by funds who they know won’t continue after some losses and thus fund houses will make money. I never will advise anyone to buy sip in such overvalued market. Records shows that Indian sip don’t last single downtrend of 30% whereas it is product used in when markets are down. So continue with it how so ever are they in loss however you haven’t named your sip’s funds, if funds are good it’s no brainer to continue. Good funds, quantum in large cap, ppfas in multicap, franklin prima in midcap, just these three funds are enough for anyone.
if you are not regular trader you don’t have to worry about which broker you should have. all big brokers are same in the end. investors need safety of stocks more than price they pay. for intraday players such risk doesn’t matters and they can get those zero brokerage brokers.
Good listing of Indiamart. Now trading at 1300 which might be valued equal to facebook, google and alibaba combined. Such great company India had hidden so far. 
offer of the year
tcs buyback is set at 4500/-. 🐒🐒🐒 Everytime retailers get 100% acceptance rate, at least with TCS. So, don’t lose your chance to get yourself some TCS shares.
https://www.livemint.com/companies/company-resu...
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