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Tuesday, March 27, 2018
PSU Banks Valuations
The recent correction in the Indian Equity Market has brought the Valuation of PSU Banks to an attractive levels. They are now trading below Avg. of 10 Yrs P/B Value.
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Monday, March 26, 2018
Is Indian Market Really Moving Up ?
Today's ( 26.03.2018 ) Up-move of 132.60 points ( + 1.33% ) in Nifty to 10130.65 is a great surprise to us, though it was in line with the Global market.But the True / Hidden Picture is difference. On Charts, Nifty has started forming Lower Low & Higher Low on Daily Chart.
On the Economic factor, Interest Rates are rising globaly. Even today Rates are Now trading at +0.50% higher side, which will Definitely make of Index nervous and closing at lower levels tomorrow ( 27.03.2018 ).
Wishing you a Happy Trading Ahead !
On the Economic factor, Interest Rates are rising globaly. Even today Rates are Now trading at +0.50% higher side, which will Definitely make of Index nervous and closing at lower levels tomorrow ( 27.03.2018 ).
Wishing you a Happy Trading Ahead !
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