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agreed!@Rajaraam wrote:Many ppl debating about our PE. and some are trying to say our PE is still high. I cant understand why those guys are so negetive minded. ASI has come dowm from 7800 to 5800 and today just 6000+. Still more than 25% drop. In the meantime Companies in many sectors including Bank,Finance,Motor,Hotels ,construction ,trade etc have shown a steady growth. With all that PE has improved well in certain important sectors.For Eg. DIMO.COLO,ASHOK,UML,MAL,CDB,SAMP,LFIN, and many more companies have recorded a single digit PE like 3.5,4,5,6,7,8, and 9. Macro economic parameter also good. Two unwanted kea persons in the SEC are out. What else we need market to be green now.
Some are every day posting saying PE still high and copany performance are poor etc.They indicate market needs further correction(drop).I have little doubt whether they are working for some ppl who wants to see market further down to collect from small investors. Their contract may be to discourage small timers and encourage them to sell at a loss. ( ME Ema Gilinna Epa.) May be their major income is that.
DONT WORRY. ALL FACTORS ARE NOW SET FOR MARKET TO BE UP.
we all know how some members in this forum act when market begun it's downtrend! & how they feel now!!
retailers (like us) wanted a + investing market,not short term trading!!
low volumes & foreign money outflow are big problems,but if market can be stabalised by SL gov or investors then foreigners will also act like they did in 2009/10..
