Indian finacial markets overheated and non paying
There is huge manipulation appears going on in indian stock markets
With nifty 50 price earning ratio and -10% growth this year hovering at 38 it is useless to invest at this stage।
The money looted by politicians and baniya gangs is being brought in name of FPIs as also participatory notes।
The IT and Auto industries are highly over priced with 1% dividend pe ratios exceeding 30 and little profit and sales growth slated in midterm।
Top companies are playing game।A company who has eps of 100 is paying 10 as dividend ।90 rs are retained year after year and many have not issued any bonus in last 10 years at least
This means share holders money is being diverted or stolen by promoters
Example mrf, simplex , and many।
When IPO is issued arbitrary premium is fixed with 10 rs worth share priced at 30 Rs ।
The balance is gulped by main promoters and large investors
Most of channels like cnbc zee capital etc are daily making retail investor sucked into day trades and making them loose money
The regulator SEBI and stock exchange boards ignore circular trading and also off market or kerb side deals।
Mutual funds are static with little monitoring of portfolio।
Although fund manager draws 50 to 100 lacs salary।
See any fund and its portfolio।The fund hardly reflects half of actual growth these companies register।
The people are pushed into MF and stock market by lowering fd rates to 4.5% which is absurd as retail inflation is over 25% per year since modi has come।
Real estate is dead since 7 years since modi came
Only gold rose due to rise of international prices and dollar rate।
This may fall any times
Hence it is advised
Invest wisely and rest enjoy life like americans europeans do।
Till this govt stays only prices will rise unemployment will rise social disturbance will rise
Very fast rate indian money is going abroad with 18 lac Crores annually under liberalised foreign remittance scheme alone।
Add to this over billing imports under billing exports hawala payments
In fact today india has registered highest currency circulation at 22 lac crores , highest overseas deposits ,world bank IMF loans and negative gdp growth
Noise loot lies propaganda seems to be strategy।
Psu index has fallen from 4000 to 1800।
So there is hardly any one is able to earn some Money।
Dont rush invest wisely
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