Tweet Buster: Save the Bull campaign on D-Street & how good companies fight slowdown
Porinju Veliyath requested PM Modi to pay heed to the ominous signs in the economy.
Amid all this, the market continued its downward journey. So what do D-Street honchos make of the current market behaviour?
Commenting on the market's poor performance, Dalal Street veteran Vijay Kedia said the current scenario calls for #SaveTheBull campaign.
India is now home to 2967 tigers, 33% more from the last count of 2226. �� -----------------------------------------… https://t.co/KNxAKRoxxI
— Vijay Kedia (@VijayKedia1) 1564405039000Independent market expert Sandip Sabharwal says in the first two days of August FPIs have sold half a billion dollar worth of stocks and as the selloff intensified, the government kept mum on economic issues.
Foreign Portfolio Investors sold Rs 2900 Cr today. First 2 days of August $ 0.5 i.e. half a billion already gone.… https://t.co/jtKXLntjF6
— sandip sabharwal (@sandipsabharwal) 1564760863000Sabharwal highlighted US President Donald Trump's threat of imposing fresh tariffs on China and said the world is uncertain and that is why the need for the Indian policymakers to step up their game.
Overnight #DonaldTrump imposes further Tariffs on China. It's an uncertain world Indian policymakers have to work h… https://t.co/IQWhAzzTyB
— sandip sabharwal (@sandipsabharwal) 1564710331000Value investor Safir Anand said the market sentiment today is worse than it was post-demonetisation.
Minuscule volumes driving down some mid and small caps today. Having said that sentiment is at its worst. Even wors… https://t.co/cyAwFifB10
— Safir (@safiranand) 1564477623000Samir Arora joked that most of the largecaps that fund managers picked have now become midcaps or smallcaps.
Investor to Fund Mgr: You hold so many mid cap and small cap stocks in the portfolio. I thought u said you only buy… https://t.co/kveUlFGjjb
— Samir Arora (@Iamsamirarora) 1564538399000Dear @narendramodi Ji, As a supporter, I appreciate many right things you are doing to create a rule based society.… https://t.co/sjuYVTsglL
— Porinju Veliyath (@porinju) 1564551207000On a positive note, PMS manager Basant Maheshwari said though the environment is precarious, the right companies will make a tonnes of wealth.
It’s sad but out of the top 500 companies; only 10% is safe; 5% good; 3% very good and just 1% to 2% amazingly bril… https://t.co/KbkFy2KpTf
— Basant Maheshwari (@BMTheEquityDesk) 1564569097000Maheshwari also made a case for staying away from companies without earnings growth.
Owning companies without earnings growth is like walking barefoot on burning coal - more in a bear market.Not every… https://t.co/A4xujrfKI6
— Basant Maheshwari (@BMTheEquityDesk) 1564539401000Shyam Sekhar advised investors to look for great companies as they have a way of finding their way out of a crisis.
Companies that rule the market as bellwether stocks do hit bad times and become the market's dogs. The sector itsel… https://t.co/9WUQRtJyV2
— Shyam Sekhar (@shyamsek) 1564630472000And to sign off, here's a thought from Arora, who says, "Every deal of PE related to listed shares should be made public.” Take a look why.
I hv been maintaining for a long time that many PE investors come in as equity investors- mislead public investors… https://t.co/zIx9Jw9Dnl
— Samir Arora (@Iamsamirarora) 1564459544000Download ET Markets APP
