"Ola Drivers" in Mumbai are into the stock market - news item! Veterans know that this sets all alerts to be cautious as the market is nearing a peak.
Nifty PE crossed 25 yesterday, source NSE website, going into very high valuations.
If the earnings do not catch up, the stocks will not justify the prices, and will go down. However, money supply might play a crucial role here. MFs are rolling with assured regular supply of money through SIPs, where those inactive investors are unlikely to move in immediately to encash.
GST will ease goods movement, and also simplify regulatory compliance which could increase their productivity manifold. Highly beneficial for the large companies. Maybe, not for the retailers and very small companies, who from just VAT returns, will have to file returns to the level of Excise, which is far more cumbersome. Of course, these companies are hardly listed and unlikely to make any difference to the stock prices!
Historically, the major crashes 1992, 2000 & 2008 were space about 8 years apart! We seem to be just about there on the calendar!
Your views, guys!
Nifty PE crossed 25 yesterday, source NSE website, going into very high valuations.
If the earnings do not catch up, the stocks will not justify the prices, and will go down. However, money supply might play a crucial role here. MFs are rolling with assured regular supply of money through SIPs, where those inactive investors are unlikely to move in immediately to encash.
GST will ease goods movement, and also simplify regulatory compliance which could increase their productivity manifold. Highly beneficial for the large companies. Maybe, not for the retailers and very small companies, who from just VAT returns, will have to file returns to the level of Excise, which is far more cumbersome. Of course, these companies are hardly listed and unlikely to make any difference to the stock prices!
Historically, the major crashes 1992, 2000 & 2008 were space about 8 years apart! We seem to be just about there on the calendar!
Your views, guys!