It seems that quarter after quarter, I am providing the same post again and again. I had talked about
Sensex-Nifty EPS not increasing in my last post.The same thing is being repeated after this quarter results too.
Sensex
EPS today stands at
18217.44/21.62=842.62 and Nifty EPS at
5467.85/23.07=237.01. This compares with 828.5 for Sensex EPS and 239.64 for Nifty EPS reported on 29 May. Sensex EPS has grown by 1.7% in the quarter, i.e. 6.5% annualized and Nifty EPS has contracted by 1.1%, i.e. 4.4% annualized. Be cautious!!!!
Lot of global tensions is going on at this time. Japan is expected to pull out its money from the global market as they want to revamp their country now. In current scenario anything can happen in the Share market Investors are advised not to panic and stay invested only safe traders and Stock Tips investors should exit their long positions on every high and one can use every decline as an opportunity to enter market again.
ReplyDeleteRegards
trade4target