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Showing posts from August, 2020

Call on ICICI Securities(I-Sec)

 Call on ICICI Securities(I-Sec) CMP- 506 Reason- Current developments like expansion of sub-brokers(attractive brokerage sharing), allowing clients to access stock listed at Wall street(USA). and etc. Short term target- 560 (1/2 month) Long term target- 950 (1/2 year)  

India in next decade: 2021-30

 India in next decade: 2021-30 Hi readers,  First I want to say all of you thank you for connecting with me through my blogs.  This is mid August of year 2020, just four and half month left of 2nd decade of 21st century. India observed this decade which start with slipped in GDP growth to 6.6% in 2011 from 10.3% in 2010. Then in 2014 observed political change, Mr. Narendra Modi led government forms in centre by NDA with clear majority. Government came out with 2 major decisions (Demonetisation and GST)  in short span which hurts MSME sector of country. Real Estate and Automobile sector started under performing. Sales of both sector declined sharply in short period of time. It is clear indication of two things one is people loosing Trust and second is declined in savings and income of consumers in country. Now we heading towards end of this decade with pandemic of COVID-19. At Initial stage of pandemic country went under lock-down which leads to di...