India is already BBB- Nirav and is rated lower tha...

2011-08-08T21:45:52.936+05:30

India is already BBB- Nirav and is rated lower than lot of countries that should be rated below India. Since India has growth this is not a big issue. However if growth stalls at some stage then it will become a concern.

A study shows that Indian Debt to GDP is around 90...

2011-08-08T18:06:20.878+05:30

A study shows that Indian Debt to GDP is around 90%. Will this fact affect the stock markets in any way ??

I entirely agree with your points. Such panic sell...

2011-08-07T04:16:37.948+05:30

I entirely agree with your points. Such panic sell-offs provide extremely attractive prices to enter and hold equities for next 2-3 yrs, especially mid-caps. Considering the 2006 analogy, I do differ on the assumption that the rebound will be as sharp as in 2006. I clearly remember results coming out in July for April-May-Jun quarter and the numbers were outstanding, absolutely blockbuster. There was no way one who looked at the numbers did not want to buy. Aggregate EPS growth was way above 25%. Many many midcaps were doing 50-100% growth in profits y-o-y. I don't think the same tailwinds exist now and numbers will continue to be lackluster.

Net net, very good buying opportunity, but the rebound might be slow coming. But this whole global fall in equities/commodities and the slowdown should hasten the process of rate hikes stopping and then further down the line, scope of cuts being priced in by atleast 1-1.5 quarters.

Comments on sandip sabharwal: Evaluating the US Downgrade

India is already BBB- Nirav and is rated lower tha...

A study shows that Indian Debt to GDP is around 90...

I entirely agree with your points. Such panic sell...