Till couple of years back after the Covid correction, stock markets were moving almost in one direction with some aberrations caused by geo-political conflicts of Russia-Ukraine & Israel-Hamas, elections in India and BJP not gaining majority on its own and some other such events. Despite such temporarily disturbances the markets maintained their upward movement. Until about ten months back when it started showing concerns over possible Trump win in US elections as FIIs started withdrawing funds from Indian markets, growth in profits of listed companies also showed some pressure, concerns over high valuations, tariff war and its likely impact on world economy etc. kept stock markets on the edge across the world. And the worst that could affect Indian economy and markets was Pahalgam terror attack forcing Indian government to launch Operation Sindoor against terrorists outfits & Pakistan. Had the government heeded to popular feelings and escalated the war, we don’t know how f...

  "You only have to do a very few things right in your life so long as you don't do too many things wrong" - Warren Buffett The two most celebrated festivals of Hindu culture – Diwali & Holi, shows us the way how to lead better and healthier life. For Diwali we cleanse our home and surroundings and for Holi we purify our home & surroundings on ‘Holika Dahan’ and then splash the new colours of life on ‘Dulhandi’, the following day. The colours of bond, trust and friendship among our fraternity who stand by us at all times – good or not so good. Coincidentally Diwali comes midway the financial year and Holi comes towards the close of it. What we do to cleanse and purify our physical and spiritual life, the same need to be applied to our portfolio for a financially healthy life. While midway the financial year we should scan our portfolio for cleansing, we should purify it and splash it with new colours towards the close of the year. Purifying and splashing new...

  “Being still and doing nothing are two completely different things.” Jackie Chan Last Friday markets were in free fall zone, falling 1.9% on a single day or over 15% in last six months. Is this culmination of the market correction going on for over last few months or beginning of a new wave of further corrections? Usually price to earnings or PE, price to book value or PB and market cap to GDP are tracked to test if markets are overpriced or fairly priced or undervalued. Let’s try to decode and analyze them to see where market stands today.   Indicator Sep-24 Feb-25 Rise / Decline Nifty 26216 22124 -15.61% EPS 1063 1125 5.83% PE 24.66 19.67 -20.26% PB 4.27 3.29 -22.95% Market Cap to GDP 139.36 110 -21.07% Source: www.trendlyne.com...