Sumit Punia

Science student| Market enthusiast

[Sumit Punia @sumit1695]

@Akshat_World @riteshmjn .. sir,what's your take on this?

[Sumit Punia @sumit1695]

@equities_samjho Due to high US yield conditions, is the Indian companies getting de-rated PE wise? As US is attractive now, will it be the end of earlier enjoyed expensive valuation by Indian Stocks? or largecaps just being de-rated due to lack of growth? Bcz smallcap still enjoy high valuation

[Sumit Punia @sumit1695]

@anuragsingh_as @ETNOWlive @shome_rajarshi ....

[Sumit Punia @sumit1695]

@equities_samjho X used to be flooded with Charts and Breakouts, but now a days it's just AI cut copy paste long articles.. less Value addition.. ultimately, may be what matter is just user engagement and AI articles are doing it for some time

[Sumit Punia @sumit1695]

It will be dominant mode of transaction but will hamper the further growth. Businesses which till now had to opt for UPI due to consumer's easiness will now try to go for cash for larger transactions and will help in tax evasion also.
Also the timing of putting MDR was not right

[Sumit Punia @sumit1695]

MDR on UPI is not bad if we see the direct impact on merchants and customer.
But the real concern is MDR will fracture the universally accepted UPI system. People have to keep Cash now , UPI from being the GO-For Option will become just an alternative form of transaction. (1/2)

[Sumit Punia @sumit1695]

@equities_samjho This govt is failing to understand that UPi ecosystem has huge indirect benefits on economy. A system universally accepted right now would be fractured.

[Sumit Punia @sumit1695]

@equities_samjho True, in isolation it can be justified to some extent but when we see govt incurring lakhs of taxpayers money for freebies. It makes no sense that a system benefiting the whole country is being dismantled just to save some thousand crores.

[Sumit Punia @sumit1695]

@equities_samjho That's the story all around the world, US wants to corner a country. But it doesn't budge however hard the times it face. And it leads to new alliances. In new multi polar world, US is losing allies fast

[Sumit Punia @sumit1695]

@equities_samjho One thing I want to amend of your last post is that if FED doesn't hike the rates, it would be ultra bad for markets.

[Sumit Punia @sumit1695]

@equities_samjho 3. How relevant is Oil in today's world as other energy sources are there now?

[Sumit Punia @sumit1695]

@equities_samjho Please discuss 1. Rupee weakness despite record FCNR flows 2. Is Rising bond yield in India& US due to private sector demand? People are crying US10Y breaching 5% but their nominal gdp increasing faster ..doesn't it show the demand driven bond yield is good?

[Sumit Punia @sumit1695]

@equities_samjho With "heavy fall" , I meant 45% correction from the top. Actually broader market is resilient, FMCG sector is falling. Thanks for prompt reply 🙏

[Sumit Punia @sumit1695]

@devinamehra @Ab83126691 Vibhisan was coward. If he wanted to side with dharma he should have , when Ravan captured Sita.. rather than leaving his family when Ram's army was standing at the gate.. and even if he sided with dharma what's the need to tell Ram how to kill Ravan?
U need to relook

[Sumit Punia @sumit1695]

@equities_samjho Though I m no one to advise you.. but tushar bhai, i will say that its better to completely ignore these these channels or other distraction on X. You are fabulous in your work

[Sumit Punia @sumit1695]

@aravind Why he couldn't set it right in last decade? Any take on that..please

[Sumit Punia @sumit1695]

@devinamehra Please suggest the next book after reading this one.

[Sumit Punia @sumit1695]

@equities_samjho When the publicy available info would be commoditised, the real world knowledge will be the differentiator and moat

[Sumit Punia @sumit1695]

@Vivek_Investor @shome_rajarshi your name should be in this list