Tweet Buster: ‘Sell’ calls with higher targets & investment tips

Stock markets are a great leveller. After witnessing a massive surge following the corporate tax rate cut, the domestic equity market plunged 3 per cent last week on lingering concerns over NBFC crisis and growth slowdown.When Finance Minister Nirmala Sitharaman’s bold move was the talk of the town in the previous week, specific stocks became the focus of market mavens.YES Bank hogged the limelight last week, after its shares witnessed a topsy-turvy ride on Dalal Street.Value investor investor Safir Anand highlighted dichotomy between ‘sell’ calls and target prices by brokerages.Almost all sell targets on Yes are more than 2x of cmp https://t.co/S8f350Ckan— Safir (@safiranand) 1570254900000 Anand was reacting to a tweet by Samir Arora, Founder & Fund Manager, Helios Capital, who said that analysts’ ‘sell’ reports with price targets of stock nearly double of current market price was interesting.Very interesting to see analyst SELL reports with target price of stock nearly double of current market price. Thi… https://t.co/0uytjXpuTV— Samir Arora (@Iamsamirarora) 1570164167000 Shyam Sekhar, Co-founder, iThought, in a twitter poll asked his followers to vote on YES Bank’s face. Here’s how tweeples voted.Will #yesbank end up getting a New lease of life like Satyam or end up like GTB with shareholders going to zero? W… https://t.co/OFuuAYfA2T— Shyam Sekhar (@shyamsek) 1570009606000 Staying with stock-specific comments, market expert Sandip Sabharwal highlighted things that Kotak Mahindra Bank, ICICI Bank and the State Bank of India should learn from HDFC Bank.#HDFCBank reports deposit growth of 23% a 3 yr high. I had expected this as people become risk averse. All banks li… https://t.co/MDLnw7YtEC— sandip sabharwal (@sandipsabharwal) 1570285076000 The Reserve Bank of India was also in the news after it slashed repo rate by 25 basis points to 5.15 per cent, a more than nine year low. However, the apex bank soured market mood after it lowered GDP growth projection for FY20 to 6.10 per cent.Veteran investor Shankar Sharma was quick to pick holes in the growth projection.I have never ever in my life paid any attention to growth forecasts trotted out by the multilateral agencies, Centr… https://t.co/gxzA6DgmKY— Shankar Sharma (@1shankarsharma) 1570259821000 Here’s how Anand reacted to money policy.Indian market is overlooking the impact of the most obvious benefit for corporate tax cut, not for 1 year but in y… https://t.co/2hXkONOexM— Safir (@safiranand) 1570175231000 During the week, when NBFC crisis made a comeback to haunt investors, Sharma made a case for asset quality reviews (AQR) of systemically important shadow lenders.Looking at the situation in the Real Estate and Consumer markets, I am quite surprised why an Asset Quality Review… https://t.co/wMxfcESx0R— Shankar Sharma (@1shankarsharma) 1570175316000 Sabharwal also called for further lowering in lending rates.Average lending rates in China for the last 5 yrs have averaged 4.25% In India they have averaged 10% plus. No way… https://t.co/PkFe9dXwtk— sandip sabharwal (@sandipsabharwal) 1570273835000 Markets have now given up 50% of the post corporate tax cuts gains People might be disappointed that RBI did not cu… https://t.co/2Pkp5B9slx— sandip sabharwal (@sandipsabharwal) 1570184945000 On a lighter note, he also had an idea on a new category of Nobel prize.Directors of #PMCBankScam had Rs 4300 Cr outstanding from #HDIL for over 10yrs it seems. These outstandings were di… https://t.co/iNJPnG6vM5— sandip sabharwal (@sandipsabharwal) 1570186968000 Nilesh Shah, MD, Kotak Mahindra Mutual Fund, in a tweet highlighted a fundamental problem with India.Time taken to grant patents Japan 15 months China 22 Europe 22 US 24 INDIA 64 MONTHS Reminds me of… https://t.co/dbQ8tn5XR5— Nilesh Shah (@NileshShah68) 1570344541000 Here are some investment gyan from Basant Maheshwari, co-founder at Basant Maheshwari Wealth Advisers, and Arun Thukral, MD & CEO, Axis Securities.A good company can only deprive you of returns - a bad one takes away capital. #TheThoughtfulInvestor— Basant Maheshwari (@BMTheEquityDesk) 1570324398000 If the total corporate tax cut impact was Rs 145,000 cr then it will be localised amongst these handful of companie… https://t.co/qj9hmLxKkz— Basant Maheshwari (@BMTheEquityDesk) 1570231997000 A bull or a bear market is a function of what you own. Most people want to own stocks slipping down from the highs… https://t.co/ThwOBZAmEd— Basant Maheshwari (@BMTheEquityDesk) 1569975830000 Calculating your #assets and #debt balances while taking into consideration your expenditure can help you arrive at… https://t.co/Iulz9DDX7y— Arun Thukral (@arun_thukral) 1570261273000 Life begins at the end of one’s comfort zone. So, step out of your comfort zone and start your #financialjourney to… https://t.co/DKeJXfuq6l— Arun Thukral (@arun_thukral) 1570168583000

from Economic Times https://ift.tt/358pnXa