Market Matrix – Nifty gained 112 points yesterday, the DOW lost good 230 points

Friends, While Nifty gained 112 points yesterday, the DOW lost good 230 points. This morning is showing that all the Asian markets are weak. The point that has been in mind all the time while judging the markets here is whether the disconnect between the USA and Indian markets is finally there. I hope so.Continue reading “Market Matrix – Nifty gained 112 points yesterday, the DOW lost good 230 points”

Nifty’s strength now in comparison to Jan 2004

Friends, You were told about the Nifty’s strength now in comparison to Jan 2004. Please have a look at the concrete ratios given below for it since 2004: 01/01/04 PE=21.09 BV=4.12 Div Yld=1.4403/01/05 PE=15.57 BV=3.67 Div Yld=1.8902/02/06 PE=17.16 BV=4.37 Div Yld-1.5602/01/07 PE=21.48 BV=5.12 Div Yld=1.2001/01/08 PE=27.64 BV=6.40 Div Yld=0.8003/10/08 PE=16.41 BV=3.18 Div Yld=1.49 By theContinue reading “Nifty’s strength now in comparison to Jan 2004”

Nifty’s level now and in 2004

Friends, I have to tell some thing already told in other words. It is about Nifty’s level now and in 2004 when it was 2000 (Jan 04). At 2000 in 2004 the PE used to be around 20 and therefore the EPS worked out to 100. Now we know that during intervening five years thereContinue reading “Nifty’s level now and in 2004”

Market Matrix – Nifty firmed up yesterday and lost ground today

By krsna Khandelwal – A veteran market analyst Friends, Nifty firmed up yesterday and lost ground today but in the end has been able to have some points added over the closing on 1 Jul 08. May it was due to DOW loosing ground yesterday by a wide margin. Such moves can come only fromContinue reading “Market Matrix – Nifty firmed up yesterday and lost ground today”

Market Matrix – Smart people are accumulating good stocks

By krsna Khandelwal – A veteran market analyst Friends, RBI has in a sudden move,though expected at some time in near future, has raised the repo rate by 75 bps and has further raised the CRR by 50 bps to be implemented in two tranches. Earlier RBI Governor had informed that the necessary tightening ofContinue reading “Market Matrix – Smart people are accumulating good stocks”