2) Being calm and balanced regardless of external situations. Like markets, volatility and stress in investors mind could cause lot of damages. Decisions made in times of stress accompanied by other emotions such as anger could be biased and lead to poor judgement. The stoic wisdom, instead, guides us to calm down, accept our mistakes, learn from them and move on. The other important tool is to shift focus on the big picture, which could help our present problems look tiny on a relative basis. To take an example, think of the migrant labourers with nothing to eat who are making journeys of hundreds of miles on foot and thank Providence that you are not in their shoes. … [Read more...] about A little philosophy to preserve your sanity in these treacherous markets
Also, the past experience with grants has not been ideal. After the 9/11 crash, American airlines were given billions of dollars in aid but that did not prevent large scale job losses. Union leaders alleged that the money did not reach the worker on the ground. … [Read more...] about Coronavirus impact | Should the government come to the aid of airlines?
"The revision is based on the assumption of lockdown continuing till end-April 2020 (full or partial) and gradual restoration of economic activities May 2020 onwards," it said, adding it has also revised FY20 GDP forecast downward to 4.7 per cent.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21
A. The wait for corporate earnings recovery keeps getting longer. While it is too early to forecast the impact of COVID-19 on India's GDP and hence the corporate earnings growth, if things don't settle down in a month's time, we could be glaring at low single digit or even no growth in corporate earnings in FY21. This could be heightened by the stress on fiscal deficit and domino effect of defaults and downgrades in financial sector and later in other sectors. … [Read more...] about ‘Market can break recent lows, no earnings growth in FY21 if COVID-19 uncontrolled’
Avenue Supermarts (D-Mart): Th company is growing at 25 percent in last few years and we think the company is pulling consumers away from unorganised stores due to high discounting and now delivery to home on minimum charges would help the company grow in next few years. … [Read more...] about ‘ICICI Bank, Bharti Airtel among 5 stocks which could turn multibaggers in 2021’