The Indices have fallen due to the QE tapering and interest rate hikes by the US Federal Reserve,which seems to be bent on teaching Prez Trump a lesson for his nationalistic and anti-Globalist Policies,by the Deep State,This,also,shows why an Independent Central Bank is dangerous for a nation.
The Dow [DJIA] seems to have entered the Bear Market,which generally last 21 months and the US Federal Reserve may raise rates 2 more times,at least.The effect of the USFR's rates will manifest in 8 months.
But as far as India is concerned, the Long-Term Trend of the Sensex is intact.
Hence:-
1.Buy OMC stocks,as Crude has fallen [ Brent around $54bbl].Good for Indian Economy.
2.Buy shares of Cos offering buybacks.Now ONGC,Infosys[proposed] are doing this.Shanthi Gears may also do it,with Dividend offer in a Board Meet to take place shortly.
3.Accumulate Blue Chips in small lots.
The Dow [DJIA] seems to have entered the Bear Market,which generally last 21 months and the US Federal Reserve may raise rates 2 more times,at least.The effect of the USFR's rates will manifest in 8 months.
But as far as India is concerned, the Long-Term Trend of the Sensex is intact.
Hence:-
1.Buy OMC stocks,as Crude has fallen [ Brent around $54bbl].Good for Indian Economy.
2.Buy shares of Cos offering buybacks.Now ONGC,Infosys[proposed] are doing this.Shanthi Gears may also do it,with Dividend offer in a Board Meet to take place shortly.
3.Accumulate Blue Chips in small lots.
No comments:
Post a Comment