Pls have a look at nifty pe… 26+ second highest before 2k8 crash
Earnings so far… Only indusind noteworthy
IT sector has lost d sheen… Also q3 is laggard generally
Only reliance is trying it’s level best to keep up d head
Banknifty has become a circus due to weekly expiry casino… Hdfc bank d leader… Banknifty is totally out of sync of current ground situation of remaining 10 odd banks especially starving psus…
Ipo mkt generally booms at peak of bull mkt…
Demo and Gst will chain shackle growth engine…
Rbi and govt comments r mismatching…
I mean it only seems to b liquidity rally and fundamentals r light yrs behind…
Be cautious if a buyer… Prices fall double d rise in bear mkt, quadra in bull mkt…
Fiis r always ahead of retail… In buying or selling
All d best