the other day one US guy (the one who predicted the collapse of US Economy) said that Indian Stock Market Bull run is not appropriate (not in line with fundamentals).
the very next day Jhunjunwala told that markets will touch 19,000 soon.
then there was news that Sensex has outrun Nifty and that investors should be weary and the markets could fall.
today morning there is news that Bear market is over and we see a long term Bull run from now.
WHAT NONSENSE IS THIS !!!! all in just 1 week !!!
all the above news is from EconomicTimes.com
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Laxmikanth:
Fundamentals are at the end of day an analyst’s estimate of what he perceives the company (or economy at large) is worth and what the future holds for it, everything basis many assumptions. As the values in assumptions change, opinions change.
Anyways, why do we have to wait for a Rakesh Jhunjhunwala or a Shankar Sharma to tell us that the bull run has begun or not!!
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Thomas:
i sometimes feel that "first the markets react (move up or down), then the analysts try to fit a possible reason from a list of reasons they have"
and how ridiculous it is for analysts to give contradictory "fundamental" remarks in such a short span !!
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Laxmikanth:
I agree.
However, to be fair to the analysts, for the long-term, all analysts are positive on every company. All their analyses are for short-term periods.
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Kishore:
ya..I agree with laxmi,
I feel that Analysts create hype in the market and if you see anlayst reports ,every report shows you larger picture of every damn industry. Do not trust ANALYSTS everytime
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Laxmikanth:
Correcting your statement, do not trust the analysts blindly!!
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