India stock valuation is extremely high.
I can write equations after equations to prove this but to explain this fundamentals to some people is just impossible
@yatinmota At 84-88 times its earnings, it not very attractive.
P/B of ~9.6x is quite high relative to ROE of ~11.6%
Current earning yeild is also low.
Avoid it
🔴#NewsAlert | Aviation turbine fuel (ATF) prices hiked by 10% for domestic carriers
Under the revised pricing, jet fuel will now cost Rs 115 per litre, compared with the earlier rate of Rs 104.927 per litre
Delhi: Rs 115 per litre
Mumbai: Rs 114.5 per litre
Chennai: Rs 139 per litre
It took me 2 hours and 20 minutes to travel 5 km from Jubilee Hills Checkpost to IKEA today 😭
Though this is a very rare feat.. I hope I won’t break this record again 🤦♂️🙏
idk, but people need to understand Psychology is real thing.
Confirmation Bias, Anchoring Effect, Sunk Cost fallacy, Loss aversion, Survivorship Bias, Dunning-Kruger Effect, Halo Effect, Recency Bias, Status Quo Bias
Someone please normalize teaching these topics in india.
MASSIVE WIPEOUT ACROSS STOCKS, METALS AND CRYPTO.
$1.88 TRILLION wiped out in last 1 hour.
S&P 500 is down -1.62%, wiping out $1.10 trillion.
Nasdaq is down -2.50%, wiping out $880 billion.
Gold is down -1.95%, wiping out $570 billion.
Silver is down -5.56%, wiping out $220 billion.
Russell 2000 is down -2.06%, wiping out $68 billion.
Bitcoin is down -2.12%, wiping out $28 billion.