In my last article I talked about the need of Indian Economy to get the things going otherwise the problems it gonna face and the economy has reached the fulcrum point I was talking about.
Not only the government is revamping all the announced schemes and this time with real intent to implement them as the elections are about 20 months away but also the public is wondering where did the acche din go!!!
The salaried is feeling the government is behind him for more and more taxes, and the businessman is feeling insulted and harassed by his new image in the nation. The latest GST Rollout and publicity that the people are not filing returns is one of those harassment small businessmen are facing - actually the technology is insufficient and these people do not have the time to keep trying to file a single return as this will take away the very thing margins on which they are running their businesses which have already lost a quarter last November.
But yes we are at the cusp of recovery and the historical bull market appears to be finally here:
This can be due to three main reasons:
1. The central bank rollback is looking much more gradual than it was a year ago.
2.Even after such increase in commodity prices margin profile has not changed - which is going to for sure now.
3. The earnings now definitely are at the bottom coz public banks are crying for NPA resolution which is like the panic set in at the bottom of a cycle.
So, Bulls now start building those quality portfolios and brace up for the recovery...
And thus I am going to start discussing some stocks i am looking at and the suggestions / comments would be of great importance now. Posts will become regular...
