So, happy about today’s market movement? Sorry, but you need to stop dreaming about a bull run even if the exit polls for the 2019 Lok Sabha elections are right, IF, that is. Do watch this: Do share if you found this useful
You’ve got a bunch of mutual funds that were supposed to be “debt” – meaning, they are like fixed deposits. Except, some of these funds gave money to certain companies that had no real business – but they got shares of big listed companies as collateral. Where did the money go? No one cares –
The market was under pressure over the past 1-month ending May 7, 2019. The Nifty 50 and the broader Nifty 500 index dropped by over 1%, while the Nifty Midcap 100 and Nifty Smallcap 100 fell by over 5%.
In Series 1.3 of Acumen, we emphasize on the fifth and sixth checkpoints on Fisher’s 15-point checklist. The fifth checkpoint mandates that a company should have decent operating margins, while the sixth point gives weightage to the initiatives taken by a company to improve these margins on an ongoing basis.
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