Nifty P/E Ratio hit 24 last week http://t.co/hKlbDmUtPo
— Onevestor (@Onevestor) March 10, 2015
Historically, Nifty P/E Ratio ranged between 10-12 (lowest) and 28-30 (highest).
— Onevestor (@Onevestor) March 10, 2015
P/E > 24 is considered as a “ Bubble Territory ” and market hits a major top within 2-4 months of entering into the “ Bubble Territory ”.
— Onevestor (@Onevestor) March 10, 2015
Each of the entries into “ Bubble Territory” is generally led by specific group of stocks.
— Onevestor (@Onevestor) March 10, 2015
The Feb ’00 Bubble was led by IT stocks, Jan’2008 Bubble was led by Reliance/Realty stocks, and Oct ’10 Bubble was led by Banks/PSUs.
— Onevestor (@Onevestor) March 10, 2015
The latest entry into Bubble Territory appears to be led by Pharma stocks.
— Onevestor (@Onevestor) March 10, 2015
#Nifty50 ↓ 20% (from its all-time high).
— Onevestor (@Onevestor) January 20, 2016
And now you will see aggressive SELL calls. With targets: 7,000. 6,800. 6,500. 6,300. Or, maybe calling this a 2008-like scenario.
— Onevestor (@Onevestor) January 20, 2016
Anyway, this is so-far the best market correction that I have seen ever since I started tracking the markets, back in 2005.
— Onevestor (@Onevestor) January 20, 2016
Because there was no down circuits. The market gave equal opportunities for both bulls and bears.
— Onevestor (@Onevestor) January 20, 2016
I think almost all the 20%+ corrections in the past involved a down circuit when the market wiped off 10%+ in a single day.
— Onevestor (@Onevestor) January 20, 2016
#Nifty50 @ 7,287.25 pic.twitter.com/5IjXd9V6wG
— Onevestor (@Onevestor) February 9, 2016
Okay, this could be the start of that “panic selling” which didn’t happen yet in this correction.
— Onevestor (@Onevestor) February 9, 2016
The good thing is… that’s how the market finds the bottom.
— Onevestor (@Onevestor) February 9, 2016
9119.20-800 = 8319.2
8844.80-800 = 8044.8
8654.75-800 = 7854.75
8336.30-800 = 7536.3
7979.30-800 = 7179.3
7599.55-800 = 6799.55#Nifty50— Onevestor (@Onevestor) February 10, 2016
#Nifty50 @ 7,225 ↓ 20.76% (from its all-time high).
— Onevestor (@Onevestor) February 10, 2016
It means, we haven’t even corrected 25% yet. #Nifty50 used to correct at least 25-30% every 2-3 years. So, there’s room for more downside.
— Onevestor (@Onevestor) February 10, 2016
The last 25%+ correction was back in 2010-11 when the #Nifty50 corrected from 6,338.50 to 4,531.15 in 13 months (Nov ’10 to Dec ’11).
— Onevestor (@Onevestor) February 10, 2016
And now, experts started discussing a 2008 like scenario.
— Onevestor (@Onevestor) February 11, 2016
But if you have witness previous stock market crashes then you know that this correction or crash or whatever you call it is nothing.
— Onevestor (@Onevestor) February 11, 2016
The #Nifty50 maybe down 200 points today and may be below 7,000. But we didn’t see a “crash” yet.
— Onevestor (@Onevestor) February 11, 2016
That is, the markets never hit a lower circuit (or 10%) in this on going correction.
— Onevestor (@Onevestor) February 11, 2016
There were several 2-3% kind of falls. But never a 10% intra-day fall. Of course it can happen tomorrow, day after, or whatever.
— Onevestor (@Onevestor) February 11, 2016
An attractive valuation actually looks like this: pic.twitter.com/528114o7JL
— Onevestor (@Onevestor) February 12, 2016
And not as the “experts” says. “Now is the best time.”.
— Onevestor (@Onevestor) February 12, 2016
Because they said the same thing during #Nifty50 @ 8,000, #Nifty50 @ 7,500, #Nifty50 @ 7,200, and now (#Nifty50 @ 6,900).
— Onevestor (@Onevestor) February 12, 2016
Anyway, if there’s one thing that worked all the time. Then it’s the SIP.
— Onevestor (@Onevestor) February 12, 2016
Because this market never failed to reward the patient long term investors.
— Onevestor (@Onevestor) February 12, 2016
It happens every once in a while only. The last time it happened was back in 2008-09. After that the the markets never tested a PE of < 15.
— Onevestor (@Onevestor) February 12, 2016
Btw, the current #Nifty50 EPS is Rs. 375. So, here is an updated chart: pic.twitter.com/wcxBRqGsZw
— Onevestor (@Onevestor) February 12, 2016
#Nifty50 @ 6,925 ↓ 24% (from its all-time high).
— Onevestor (@Onevestor) February 12, 2016
