Almost 1000 points increase in two sessions - Indian Stock Market
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Bulls are crazy?
I mean who will buy stocks @ 11000+ when businesses aren’t performing the way they should.
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https://www.desidime.com/discussions/almost-1000-points-up-indian-stock-market?page=1#post_6119470
They are factoring in the eps increase resulting from the cut in corporate tax. Still expensive though
https://www.desidime.com/discussions/almost-1000-points-up-indian-stock-market?page=1#post_6119492
Exactly, no one can justify the 1000 point increase
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https://www.desidime.com/discussions/almost-1000-points-up-indian-stock-market?page=1#post_6119508
Ambani gained Rs 22,000 cr in Friday’s Sensex rally
In Friday’s market rally post the corporate tax cut, the country’s top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
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best time to sell in this recession.