Tweet Buster: Vijay Kedia’s $5 trillion economy song & some solid buy ideas

NEW DELHI: With over 2 per cent rise in Sensex and Nifty for the week, it looks like the much-awaited bull run has finally arrived on Dalal Street, thanks to the corporate tax cut delivered by Finance Minister Nirmala Sitharaman. With the government announcing another host of steps to pump-prime the economy and bring liquidity back, the prospects look brighter going forward.Analysts say the Indian market is better placed now and will prove to be more resilient than its Asian peers to any negative news flow. But only time would prove the validity of the same.The euphoria seems to be high and analysts are sounding more bullish than ever before. In this edition of Tweet Buster, top D-Street honchos deliver their verdicts on market moves and the best stocks to buy. Take a look:Independent market expert Sandip Sabharwal believes the market would end the year on a new high. Markets will be at a new high before this year is out For sure..— sandip sabharwal (@sandipsabharwal) 1569490298000 Samir Arora of Helios Capital says analysts are idiots if they feel even this gift (retrospective change in the corporate tax cut from April 2019) cannot be spent. If Indian govt had announced that lower tax rates will apply from 20-21 impact on mkts would hv been exactly the sa… https://t.co/3rFKyfw9f7— Samir Arora (@Iamsamirarora) 1569410374000 Sabharwal says stock downgrades or any downside will be the right opportunity for long-term investors to buy. As the bullish market phase starts Rats start deserting the ship first Similarly many brokerages start downgrading… https://t.co/y2XO7DinxX— sandip sabharwal (@sandipsabharwal) 1569578193000 Its ridiculous that people actually sell 10-20 year hold stocks on downgrades by Credit Suisse 1. They downgraded A… https://t.co/Zj6vYOX3MK— sandip sabharwal (@sandipsabharwal) 1569472219000 So now Brent Crude is just 60 cents i.e. 1% above levels pre Saudi Attacks which led to a big India selloff A huge… https://t.co/ahICrMqahF— sandip sabharwal (@sandipsabharwal) 1569420840000 Arora gives an insight into who all can make money in this market Investors thinking all the time about " But parantu lekin kintu" are unlikely to make any real money.— Samir Arora (@Iamsamirarora) 1569417770000 Sabharwal says now is the time to bet on midcap stocks as this space has huge opportunities. The valuation of many Midcap consumption stocks went way below that of Largecap Bluechips over the last few months.… https://t.co/8mduGQ69Qc— sandip sabharwal (@sandipsabharwal) 1569213957000 Basant Maheshwari, co-founder at Basant Maheshwari Wealth Advisers, lists out how India can become a $5 trillion economy. Yesterday @narendramodi’s approach at the Bloomberg New York summit indicates that a lot of things are in the offin… https://t.co/nAnjadJtKJ— Basant Maheshwari (@BMTheEquityDesk) 1569471944000 Meanwhile, value investor Vijay Kedia has just released a song — his seventh of market behaviour — on India's path to becoming a $5 trillion economy. This is my seventh song on the current situation of the stock market written & sung by me! Wake Up! India will be a… https://t.co/0xeUFufll1— Vijay Kedia (@VijayKedia1) 1569590836000

from Economic Times https://ift.tt/2nyLyEP