The news of economic slump or the recession in North American market is probably the most dreaded word in world economic order. No body can ignore the huge impact of North American Market though few may try to wish it away. The slide of today’s market is the knee-jerk reaction by the world stock market on the latest assessment of situation over there. The situation will remain grim for some more time and probably there will not be any positive trigger for some more time if we believe the pundits and fund houses.
The situation may not be as bad, the overseas fund especially the North American funds should come out as a result of the recession and it should come to Emerging Markets and a major share will come to Indian stock market.
Indian domestic market is also large enough to sustain of its own. Imagine the crores of consumers; they can drive the economy forward. Luckily we did not become an export dependent/oriented economy though we strived to become one.
Anyway let’s discuss one stock “YES BANK” which caught my fancy recently, though I was very much aware of it and kept in my radar for a long time. But somehow it did not follow it up.
The stock has high return on equity, high growth and zero NPLs. The unique business model of the Bank presents promises for future growth. Detailed report is available in this link.
Another stock is GMR Infra, market lowered premium on this stock after its announcement of overseas acquisition. I am bullish on this stock and I think it is a good buy below hundred and seventy buck with a horizon of one year minimum. The analysis of the stock is available from the same link above.
The last correction and the topsy-turvy-yo-yo have reconfirmed my belief in profit booking.
The situation may not be as bad, the overseas fund especially the North American funds should come out as a result of the recession and it should come to Emerging Markets and a major share will come to Indian stock market.
Indian domestic market is also large enough to sustain of its own. Imagine the crores of consumers; they can drive the economy forward. Luckily we did not become an export dependent/oriented economy though we strived to become one.
Anyway let’s discuss one stock “YES BANK” which caught my fancy recently, though I was very much aware of it and kept in my radar for a long time. But somehow it did not follow it up.
The stock has high return on equity, high growth and zero NPLs. The unique business model of the Bank presents promises for future growth. Detailed report is available in this link.
Another stock is GMR Infra, market lowered premium on this stock after its announcement of overseas acquisition. I am bullish on this stock and I think it is a good buy below hundred and seventy buck with a horizon of one year minimum. The analysis of the stock is available from the same link above.
The last correction and the topsy-turvy-yo-yo have reconfirmed my belief in profit booking.
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