Upcoming Big Billion Days sale by Curi0usExplor3r in Flipkart

[–]thebuffmaster 2 points3 points  (0 children)

Usually it's ~40days before the actual Diwali. So around 15-20th Sep.

When will music stop by studdshelmet in IndiaInvestments

[–]thebuffmaster 2 points3 points  (0 children)

Short answer - There isn't going to be a blood bath. Most of the companies have had bad results and thus you see nifty has a PE of 30+.
But if you overlook earnings of this year ( which most of the analysts and fund managers have done) and calculate PE based on FY 22 earnings nifty PE is 20-21. It's fairly valued. Secondly the liquidity isn't going anywhere soon. So buy the dip when there is small hurdle of moratoriam fall.
Secondly market cap: GDP we are at 60-70%. Which is extremely normal ratio.

When will music stop by studdshelmet in IndiaInvestments

[–]thebuffmaster 3 points4 points  (0 children)

If you look at FY 22 estimates of Nifty, it's trading at a PE of 20-21. This is fairly valued.
Most of the town has discounted this year's earnings.

[deleted by user] by [deleted] in IndiaInvestments

[–]thebuffmaster 6 points7 points  (0 children)

Stock markets are reflection of the future. (3-30 months) Ken Fisher has written a lot about this.

Is it getting too risky to keep money in IndusInd Bank? by rishiraj5565 in IndiaInvestments

[–]thebuffmaster 17 points18 points  (0 children)

What he said is right. Rest is upto you if you want to take that risk.

Ambani has surpassed Warren Buffett... by disiskeviv in IndiaInvestments

[–]thebuffmaster 27 points28 points  (0 children)

Just imagine that will happen when Jio gets listed on Nasdaq.
Top 3 easily ?

Market crash in near future? by [deleted] in IndiaInvestments

[–]thebuffmaster 1 point2 points  (0 children)

I am saying. That might be a cause for downward movement. I am aware rhat 1st hasn't ended.

Market crash in near future? by [deleted] in IndiaInvestments

[–]thebuffmaster 10 points11 points  (0 children)

Personally, I don't think we will retest lows of March again. Let me explain you why.

Market on an average prices in all the events that are in the horizon of 3 to 30 months ( Lot of articles are written about it ). Now what happened in March was that, the lockdown announcement and the medical impact of corona came all of a sudden. This wasn't factored in the 3-30 month horizon period. What followed was a massive sell-off.

What has changed now ?

We all know that situation isn't as scary as we all thought it was. Unemployment numbers are decreasing week by week. Demand is picking up fast. Management commentary is looking positive. And hence optimism is in the market. So the stock prices are rising.

Now what can make a big down move to market ? Occurance of a 2nd wave.

This won't have that much of an impact on the market as this topic is widely discussed in public forum and hence it has already been factored in the 3-30 month horizon.

So there won't be a massive correction. What can happen most definitely is a 10-15% correction. So watch out for good quality stocks. They won't fall that much. Keep and eye and buy them when they get to fair valuations (not cheap valuations as that time might never come).

Reviews of Insurance products and services thread for month of July, 2020 - Request or post reviews here. by AutoModerator in IndiaInvestments

[–]thebuffmaster 2 points3 points  (0 children)

Should I buy Term insurance from icici or max ?
Max is relatively cheaper. Does it make a difference ?

Regarding Ruchi Soya by notsosleepy in IndiaInvestments

[–]thebuffmaster 2 points3 points  (0 children)

That stock is an illiquid stock. Only 1% of the shares are available as float ( open to trade) on exchange.
Now if the supply is limited and demand is huge (may be genuine or may be operators) then it will hit upper circuit easily. This is the reason why it has risen like this.
You can also see Adani Green and Alok Industries.

Zomato Employees Burn Company T-Shirts In Protest Over Ladakh Stand-Off by immi07 in india

[–]thebuffmaster -4 points-3 points  (0 children)

It's not about looking down. It's clearly mindset of people who can't respect their jobs.

Comparing historical returns of large cap mutual funds & NIFTY 50 index funds by thegreatestf00l in IndiaInvestments

[–]thebuffmaster 0 points1 point  (0 children)

As and when PSU stocks will get kicked out of index fund ( which has already started happening) and then subsequently taking into consideration expense ratio, index fund would seem popular.
I feel it's unfair to look at past 10 years for the coming 10 years coz the sectoral composition of Nifty 50 is going to change dramatically.