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Are we into recession zone

Discussion in 'Fundamental Analysis' started by moiz_bhanpurawala, Sep 3, 2019.

  1. moiz_bhanpurawala

    moiz_bhanpurawala Member

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    Recent changes into gobal market.
    Man made crises us china war, brexit.
    Sensex fallen to 700 plus point
    After since election there is nothing much positive coming for goverment.
    Monetray policy by goverment is not working.
    Do we still beleive india has potential to do more? Investor sentiment has effected badly
    What are your views.

    Please share your views ans update regarding your portfolio
    I am holding 13oo units of yes bank not sure what to do with that?

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    moiz_bhanpurawala, Sep 3, 2019
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  2. fbendish

    fbendish Member

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    I am holding more than 5k of Yes Bank. There is nothing much we can do for Yes Bank. The stock has been hammered by news, news and more bad news. In fact what I feel is that there is nothing more bad can happen to the stock besides it dipping down to 40 levels. That would be the final bottom if it happens. Give some quarters and it will surely recover. It's not a dead Bank.

    I would not say we are in recession yet. We might enter one soon if sentiments don't change for good. But I don't see any positive news coming in the near future. Things have gone from bad to worst. Government intervention has not worked at all. In fact it has further spiked the negative sentiments.
     
    fbendish, Sep 4, 2019
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  3. moiz_bhanpurawala

    moiz_bhanpurawala Member

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    Thanks for your view.

    Do you thinking merging of 12 psu bank will help government to save this bank.

    Thanks
    Moiz Bhanpurawala


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    moiz_bhanpurawala, Sep 4, 2019
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes bank was the wrong stock you purchased but as already said, there is little to be doing it now.

    But my view is, we are not in a recession but we are in a slow growth phase. As we a re used to higher growth, valuations in India are higher and they are correcting. Now will the slow growth even slow further we can't say but government is doing what it was suppose to do. Because there are so many talks of job loss, people are skeptical to spending and that is the main problem. This is what I think.
     
    shabbir, Sep 4, 2019
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  5. moiz_bhanpurawala

    moiz_bhanpurawala Member

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    Why the price price of yes bank has fallen?
    What is the main reason un like dhfl.

    Thanks
    Moiz bhanpurawala

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    moiz_bhanpurawala, Sep 5, 2019
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  6. nirajshah

    nirajshah Champion

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    nirajshah, Sep 5, 2019
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  7. shabbir

    shabbir Administrator Staff Member

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    Read the news and you will know. Management taking some bad decisions.
     
    shabbir, Sep 5, 2019
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