Thursday, April 6, 2017

Digitised India - a massive Investment Opportunity

Every investor - wherever he or she may reside - should read this article:

http://www.mauldineconomics.com/outsidethebox/raoul-pal-paying-attention#

8 comments:

jaycobb said...

Thanks for the article, hope it materializes as envisaged.

satvinder Pal Singh said...

Sir will appreciate your Comments on this link. sorry to say not able to fetch much from the link. hence your comments may help grasp better.

Subhankar said...

@jaycobb: Appreciate your comment. The systems have been put in place for a digitised society at the cusp of massive economic growth. So I'm quite optimistic - inspite of all the 'cow politics'.

@satvinder: "The future for India is massive technological advancement, a higher trend rate of GDP and more tax revenues. Tax revenues will fund infrastructure – ports, roads, rail and healthcare. Technology will increase agricultural productivity, online services and manufacturing productivity. Telecom, banking, insurance and online retailing will boom, as will the tech sector." - from the article. What more can I add?

jaycobb said...

Sir your optimism is infectious! However, the EPS growth and NIFTY are way too divergent and merits a serious correction - at least from looking at the graph and throwing law of averages into the mix. Is there such a chance or is it a one way street up from your understanding of the data?

Subhankar said...

@jaycobb: Stock market indices rarely move in one direction. There can, and will, be corrections along the way. But the long-term picture is looking a lot better than it did two years back.

Sensex and Nifty are both near their lifetime highs, but in US Dollar terms they are well below their 2015 and 2008 peaks. That may be one of the reasons why FIIs are buying even though index valuations appear expensive.

jaycobb said...

Sir, thanks for that insight. Just noticed again the sensex usd chart in the article. Is there a free online chart of nifty/sensex in usd? Searched but could not locate something similar to what the article shows.

Subhankar said...

Check out these links:

https://us.spindices.com/indices/equity/sp-bse-dollex-30

https://www.equitymaster.com/result.asp?symbol=BDLX&name=SP-BSE-DOLLEX-30-Stock-Quote-Chart

jaycobb said...

Thanks!!