INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Benchmark equity indices ended in the green for the second week straight, led by optimism of phased reopening of a few economies,
There are also hopes that the Modi government may soon come out with another stimulus package for the distressed industries.
As the earnings
some brokerages are saying India might see 0% economic growth in Calendar 2020
And independent market expert Sandip Sabharwal believes a 0% growth outlook is still too optimistic.
Ace market investor Vijay Kedia
compares the current economic situation with a hot pan and liquidity to water, saying no matter how much water you keep putting on the pan,
it would soak it up.
Investment TipsSabharwal advised investors to stay away from smaller banks, calling them value traps
others are bearish; turning bearish when everyone is bullish can work only in liquid stocks
He said buying or selling decent quantities in illiquid stocks is never easy.
Soumya Malani, a young independent investor based in Kolkata,
advised investors against putting a major part of the money of your portfolio in one stock
concept: Reverse Compounders
Take a look at what he means.
