Month: July 2017

Nifty @10,000 “This time it’s different!!!”

  So, the market is at an all-time high, and we are inches away from Nifty @10,000/- Valuations of mid cap and small cap are so stretched, that some MF like DSP black rock has stopped taking new fund flows.

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We at Shikhar capital started getting cautious at 9000/- booked lots of profits in mid and small at 9600 and now sitting idle.Lots of profits were gone into Tata Motors which is muted and  Jubilant food works which have rewarded handsomely after Q1 results. And now we remember the following quote by John Keynes

 “The market can stay irrational longer than you can stay solvent.”

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