Current euphoria on Stocks and Economy
As usual, Vivek Kaul covers all nuances. He argues that the current rally and GDP growth is attributed to the affluent consumers (<6Cr) whereas the broader economy is still struggling. If in case there is a demand shock, it will lead to a slowdown and inflation. Insightful article https://www.livemint.com/market/affluent-india-is-fuelling-the-equities-surge-but-that-story-has-gaps-11708257723485.html
majboormajdoor
Stealth
7 months ago
majboormajdoor
Stealth
7 months ago
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by Sherlock007
TCS
4132% return in 20y - Blue Chip firm
When I look back and compare my father's investment in real estate and gold, TCS still beats those with a margin. Blue Chip Stocks are 💎 if business model is good and leadership is capable enough.
Tata Groups most valued stock, Tata Consultancy Services (TCS) is popping off, riding on the back of bulls and soaring to a new all-time hig...
https://www.goodreturns.in/personal-finance/tatas-most-valued-stock-at-all-time-high-1500-shares-of-tcs-gives-rs-5-27-crore-returns-in-20-years-1328811.html