However, with that demand, comes inflation. So, if you go to the grocery store, you know. you re going to notice that the price of things is much higher, Professor Smith said. You can see that gas prices are much higher.
If someone is investing now or looking to invest, Professor Smith suggests not focusing on the day-to-day numbers. There is a difference between investing, which is. planning for the long-term and knowing that you re probably going to have more after 20 years, Professor Smith described. And then there s speculating, which is trying to make a gambling profit, which. we don t usually recommend that.
Buy-the-dip strategy may not work this time in auto stocks
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Last Updated: May 03, 2021, 12:51 PM IST
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Synopsis Unfortunately, markets do not repeat what they did last year. After the first lockdown we saw a huge uptick in demand for consumer durables, two-wheelers, cars, etc as personal mobility was the focus. This time, the damage to household income is much more severe.
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In this interview with ET Now, independent market expert Sandip Sabharwal argues that the outlook for auto stocks remains weak and advises against using the dip to buy. I do not think large ticket buying is going to come back anytime soon. These stocks need to be avoided at this stage. Maybe on a significant decline they will give opportunities, but I do not see that happening right now, Sabharwal said. Edited excerpts from the interview.
Zerodha CEO Nithin Kamath started a new debate on Twitter when he said he feels "disgusted" the way stock markets have gone up despite the second wave of Covid. "I know money shouldnt care, but maybe it should. Maybe why todays capitalism is broken?," he said in a tweet.
Value investor Arun Mukherjee shares a very interesting insight for those who keep looking for a new multibagger. "Often your past multibaggers will be your future multibaggers. The worst mistake is to perceive it to be overvalued and move on to something inferior with hopes of multifold returns only to be disappointed."
Stocks in Focus on March 17: Equity Benchmarks on Tuesday, March 16, 2021, ended almost flat even as the cues from other Asian stocks was positive. The BSE Sensex at Bombay Stock Exchange slipped marginally by 31 points, or 0.06 per cent, to close at 50,364 while the NSE Nifty at National Stock Exchange fell marginally by 19 points, or 0.13 per cent, to settle at 14,910. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Wednesday, March 17, 2021. List of such five stocks:
Anupam Rasayan IPO + Laxmi Organic Industries IPO + Craftsman Automation IPO + Kalyan Jewellers IPO + Nazara Technologies + Suryoday Small Finance Bank: