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Friday, January 4, 2019

Sensex has grown 100 time in 32 years! Many stocks could turn multibaggers in 2019


What an eventful year it has been for the markets. Earnings, which were expected to be robust didn’t turn out to be so. A plethora of events rocked the markets, to start with - introduction of LTCG in the last Budget spooked the sentiment.
SEBI’s MF small cap classification decimated the companies which had a market-cap of less than Rs 8,000 crores. Bank frauds, NBFC crisis, trade wars, high crude prices, slumping rupee, RBI-govt tussle further wreaked havoc in the markets.
The year 2018 could well be termed as a bull market speed-breaker which was required to eradicate the crazy greed and inane complacencies of the retail investors.
Source: https://www.moneycontrol.com/news/business/markets/sensex-has-grown-100-time-in-32-years-many-stocks-could-turn-multibaggers-in-2019-3353531.html

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1 comment:

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