Nitin

Investor. A ship in harbor is safe, but that is not what ships are built for. Waiting for 27272.

[Bloomberg Opinion @opinion]

The AI adoption craze is looming over the futures of the 6 million coders employed by India’s outsourcing industry, writes @andymukherjee70 https://t.co/B17NXqSWZM

[Nitin @Nitininv]

Kalyug ke fund manager buying expensive stocks using SIP money

[Nitin @Nitininv]

Biggest paper trader is 27272 pioneer. Never goes wrong with stocks on paper.

[CNBC-TV18 @CNBCTV18Live]

SC upholds #SEBI action against #KotakAMC, Nilesh Shah in mutual fund regulations case

@AshmitTejKumar @anshul91_m
https://t.co/nq0b0yRTzw

[Nitin @Nitininv]

Yes that why Credit Deposit ratio is at 83% now and creating macro economic instability in coming years.

[ET NOW @ETNOWlive]

"Monthly SIP contributions staying above ₹30,000 crore remain one of the most significant indicators of India’s investment journey," says Navneet Munot of HDFC AMC

@hdfcmf

[Nitin @Nitininv]

shandar 27272

[Nitin @Nitininv]

@bhupendrachaube @Vaibhavsooryava Should have played him against Ireland for conditioning. At least one match.

[Nitin @Nitininv]

27272 undefeated.

[Nitin @Nitininv]

Nykaa 450 pe
Nike 20 pe

Thank you retail for SIP

[Nitin @Nitininv]

AMC companies trading at 50X PE in the name of SIP. Thank you retail- MF

[Nitin @Nitininv]

27272 undefeated

[Nitin @Nitininv]

Best business in India seems to be mobile phone assembly. Everyone seems to be trying to get into it. As per one company deploy 50cr and assemble 1mn mobile phones.Funny part is ebitda margin is 1.5-2%.Given price hikes by apple, these assemblers margin should have got wiped out.

[Nitin @Nitininv]

@Nigel__DSouza 70 PE for the consolidate biz already . PVC prices have collapsed, there will be inventory losses again.

[Andy Mukherjee @andymukherjee70]

India’s education system is mired in exam-related chaos, causing deep anxiety among students and parents. In the middle of all this comes a hasty switch to a weird 3-language policy. Parents have gone to court. A link to my latest column below 👇 https://t.co/CSSy9Ojl6G

[Nitin @Nitininv]

Its insane but Indian lipstick selling e-commerce company is trading at spacex valuation

[Nitin @Nitininv]

Laughable that a sheet metal AC manufacturing company is getting into electronics via m&a and mobile phones assembly . That too all by using money from mutual funds.

[Nitin @Nitininv]

@_prashantnair Book to bill ratio below 1

[Nitin @Nitininv]

@_prashantnair So more dollar debt net net

[Nitin @Nitininv]

Stop tweeting and pumping and learn to code using AI.

[Anurag Singh @anuragsingh_as]

Buy call on large cap IT:
Change of stance

Almost everyone in India markets was buying #TCS at 4000 in 2021-22. Even when Tata Sons sold some stake. Funds were happy to accumulate.

Today, at 2200, nearly everyone is suggesting a sell. The only sector that’s available at reasonable valuation is a consensus sell by the domestic funds. Some are even talking about chucking IT cos out of #Nifty50 index. Shows how short term momentum trading can grip investors.

Buy at 4000 but sell at 2000. All within 3 years. How will domestic long term investors make money when everyone behaves like a short term trader?

My take - large cap IT is the only reasonable value sector today followed by large banks. You can buy for superior long term returns and dividends. Everything else is a wealth killer. Just like last few years.

Caution- it may still correct by 20%. FIIs may still sell IT as #Accenture & #TCS have same market cap. They hold $100 BN of IT. But that’s the India capital control at work. That will stay.

My discussion on @ETNOWlive

[Nitin @Nitininv]

@Iamsamirarora You should also ask how many forward AI deployment engineers do these IT services firms have?