Friday, July 3, 2020

Nifty P/E above 41 As On 14th February 2021

Nifty P/E is above 41 as on 14.2.21.This is very high.
$BDI 1823  as on 2.7.20
Q1 and Q2 of 2020-2021 may be so-so
Gold and Silver will rise for the nest few years.
Apollo Tyres has started/commissioned a new Plant in Andhra Pradesh
IWP,The India Wood Products will be commissioning a new Plant in Jammu And Kashmir,in August,this year.
In India petrol and Diesel prices are being raised and consumption has started to rise. OMC stocks may rise.
Crude is expected to rise to $50/bbl.Oil producers fancied.