Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Transcript shankar sharma april 02

  • Login to see the comments

  • Be the first to like this

Transcript shankar sharma april 02

  1. 1. -
  2. 2. 1:59:41 PM Manoj Rawal thomsonreute Time to start our todays session with Shankar Sharma and Alok Kumar now...1:59:57 PM Manoj Rawal thomsonreute Please welcome both of them... rs.com2:00:13 PM Manoj Rawal thomsonreute Hello Mr Shankar Sharma, welcome to Trading India2:00:14 PM Anil Kumar welcome sir Bhansali2:00:18 PM Shankar thanks Sharma2:00:34 PM Vignesh Hi Shankar! It’s been a while... Eswar2:00:37 PM Dipika thomsonreute Welcome to Trading India...Shankar and Alok Lalwani rs.com2:00:45 PM Shankar sure thanks Sharma2:01:07 PM Manoj Rawal thomsonreute Starting with a first question: your outlook on the Indian markets please?2:01:27 PM Shankar outlook is negative for India and overall, emerging Sharma markets2:01:50 PM Vignesh on what time frame are you negative Eswar2:02:00 PM Shankar this whole year Sharma2:02:16 PM Manoj Rawal thomsonreute we read your report released few weeks back on BRIC countries and it seems you predict a crash there? what makes you feel that way?2:02:16 PM Vignesh ok.... Eswar2:02:36 PM Shankar brics are standing the edge of a major growth cliff Sharma2:02:37 PM Anil Kumar sir a few months ago you were bullish on Indian Bhansali markets what has made you change your view?2:02:49 PM Shailendra universalsom which sectors could remain positive? Mehta po.com2:02:55 PM Shankar yes, we were very bullish all of 2012 Sharma2:03:10 PM Shankar but we changed our view in Jan this year Sharma2:03:38 PM Vignesh what were the triggers?
  3. 3. Eswar2:03:41 PM Hitesh Lad asia.bnpparib so to be clear on view Sir..are you not bullish anymore? or you are bearish?2:03:48 PM Shankar we are positive on IT, pharma, consumers like Sharma united spirits, Tata coffee, nestle, etc2:03:51 PM Shaunpaul What are the factors that led to this change - Kavalakatt political scenario/macroeconomics/global?2:04:12 PM Shankar triggers will be a terrible global macro Sharma environment, and very disappointing data from India and Bric pack2:04:16 PM Suresh sunteckwealth Good Afternoon Sir, Your name has been a Thanvi synonym with the bearish stand for quite some time are there any asset class where u are bullish and what triggers would make u change your view on Indian markets ?2:04:47 PM Shankar we are neither bullish or bearish. Sharma2:04:53 PM Shankar we get paid to be right Sharma2:05:00 PM Deepan icicilombard.c Do u have any target for Indian Rupee? Bafna om2:05:08 PM Shankar so whichever side we play, we have to be right Sharma2:05:20 PM Shankar last year we were very bullish from Jan itself Sharma2:05:29 PM Shankar when everybody was very negative Sharma2:05:36 PM Shankar this year we turned bearish Sharma2:05:37 PM Vignesh are any of your relative strength models Eswar corroborating the bearish stance...2:06:00 PM Shankar when the whole street and foreign brokers start Sharma singing in joy, we turn cautious2:06:08 PM Sangameswar Hi Sir - any particular stocks in IT which u like Iyer2:06:20 PM Shankar hcl tech Sharma2:06:27 PM Shankar infy Sharma2:06:27 PM Amar your view on Indian politics ?early elections Margaje possible ?2:06:31 PM Shankar techm Sharma2:06:41 PM Suresh sunteckwealth what basic parameters u look into before arriving Thanvi at a positive view..?
  4. 4. 2:06:49 PM Shankar no, I don’t think there will early elections, but who Sharma can tell in politics2:06:58 PM Santosh goodfortunec Good Afternoon Sir do u expect a early election Chandane apitals.com2:07:07 PM Pinky INR view? Lapasia m2:07:09 PM Shankar we have a very complex system, so kind of hard to Sharma say which parameters2:07:17 PM Shankar INR looks bearish Sharma2:07:29 PM Suresh sunteckwealth few basic ones if u can highlight it would be quite Thanvi a lesson for us all2:07:41 PM Pinky any targets for 13-14 Lapasia m2:07:41 PM Deepan icicilombard.c any targets for INR this year? Bafna om2:07:47 PM Anusmit Hi Sir, what’s your take on PSU Banks would you Mazumdar look to be positive in the near term and any particular name you like or hate2:07:48 PM Shankar look at breadth as a good indicator Sharma2:07:58 PM Shankar banks we are negative on Sharma2:08:09 PM Amar view on interest rates, rbi policy? Margaje2:08:10 PM Shankar we see banks being the single biggest area of loss Sharma in this year, in india2:08:17 PM Dhiraj Papnai Hi Shankar, your take on the whole global rally and the broader underperformance of the emerging markets2:08:26 PM Shankar the rbi has messed up with the rate policy Sharma2:08:37 PM Shankar it is now too late to cut now and revive growth Sharma2:08:53 PM Shankar the emerging mkt story is over for now Sharma2:08:53 PM Amar do u see rate cut in coming policy / Margaje2:09:05 PM Ritesh spasecurities. Hi Sir, your view on India govt. Bond yields. Is at Badjatya com 8% 10 year bond is good 6 month investment based on expecting some more rate cuts and even if no cuts then at least no hikes ?2:09:12 PM Anusmit whats your take on SBI especially in the light of Mazumdar an impending chairman change and wage negotiation
  5. 5. 2:09:12 PM Shankar yes there will be a rate cut ahead but he has left it Sharma too late2:09:19 PM Santosh goodfortunec Sir what is your view on nifty keeping in mind big Chandane FIIS buying2:09:21 PM Anusmit and low credit growth Mazumdar2:09:21 PM Amar hmm Margaje2:09:21 PM Shankar yes bonds are good investment Sharma2:09:41 PM Shailendra universalsom ur views on stocks like Core, HDIL, Aanjaneya Mehta po.com2:09:44 PM Suresh sunteckwealth whats more killing the growth prospects today Thanvi delay in easing or bad governance..?2:09:46 PM Shankar what FIIs buy or sell has little meaning Sharma2:09:58 PM Santosh goodfortunec hum Chandane apitals.com2:10:16 PM Shankar I pay no attention to fii flows, etc etc Sharma2:10:17 PM Pinky which is the best assets to allocate funds ... Lapasia m2:10:28 PM Shankar bonds and fixed income Sharma2:10:52 PM Manoj Rawal thomsonreute what do you make of the recent mid-cap crash? fallen off the cliff down in the valley...2:10:56 PM Pinky Any stocks Like TataM which u picked last time Lapasia m ... Could be a bet for long term ...2:11:10 PM Shankar we are now short on tata motors Sharma2:11:25 PM Shankar now, tata coffee looks a great buy Sharma2:11:39 PM Shankar tata motors has peaked out in terms of jlr potential Sharma2:12:08 PM Kartik Mehta antiquelimite what views on Infra pls d.com2:12:09 PM Shankar tata coffee is underwoned, a grt consumer play, at Sharma 17x earnings, free cash positive, tata compny2:12:10 PM Ritesh spasecurities. so other than Govt bonds, is bonds listed on Badjatya com exchanges like IRFC , NHAI , PFC, SRTRANS etc. is good or stick to govt. bonds only2:12:20 PM Shankar infra we have been negatv for five years Sharma2:12:21 PM Vignesh Re - i pay no attention to fii flows, etc etc - I have
  6. 6. Eswar a study that maps the cumulative flows to market movement. its pretty well correlated on the Medium term moves....and is a reasonable good forecaster...with a 3-6 week lag2:12:23 PM Jinesh Sheth Hi sir , what is your view on Reality & Gold ? m2:12:47 PM Shankar gold we are negative on Sharma2:12:51 PM Sangameswar Sir - what is your view on maruti & the auto space Iyer in general2:12:56 PM Amar saw your article on broking ind - crystal ball, Margaje what’s view ?2:13:02 PM Jinesh Sheth Reality? m2:13:28 PM Shankar maruti is ok...but we see the car mkt being v Sharma challenging this...bear in mind we have been positive on autos for 5-6 years...but are now turning negative2:13:36 PM Pinky Crude oil WTI what’s your view , Last report Lapasia m From FG had crude targets of 8 $ ... after that not seen any update2:13:39 PM Dhiraj Papnai Shankar, looking at the CAD and other macro headwinds, what would be your one year target for Nifty2:13:55 PM Shankar the inr can be 56+ Sharma2:14:04 PM Shankar yes the view on the broking industry is what it is Sharma2:14:11 PM Sangameswar true that’s why I wanted to know - any particular Iyer event / trigger point which could make u change the stance2:14:19 PM Shankar oil looks bearish Sharma2:14:24 PM Shankar we see 80 on it Sharma2:14:25 PM Santosh goodfortunec what your view on pharma sector considering yest Chandane SC decision on Novartis2:14:32 PM Shankar and all metals look terrible too Sharma2:14:41 PM Shankar domestic pharma is great Sharma2:14:58 PM Pinky bearish oil / metals / gold .. isn’t it good For india Lapasia m growth story ?2:15:11 PM Shankar in theory, that is good Sharma
  7. 7. 2:15:23 PM Shankar in reality, that’s a diff story altogether Sharma2:15:25 PM Dhiraj Papnai Shankar, looking at the CAD and other macro headwinds, what would be your one year target for Nifty2:15:37 PM Pinky Do u follow technical analysis ... ever? Lapasia m2:15:37 PM Shankar below 5000, for sure Sharma2:15:48 PM Shankar i follow everything Sharma2:16:02 PM Shankar idea is to get mkts right, so whatever it takes Sharma2:16:08 PM Priyanka Do you see similarity between south east Asian Shah currency crisis of 1997 & current Indian macro situation?2:16:23 PM Pinky bearish Stance is based on technical’s or Lapasia m fundamentals2:16:35 PM Shankar not really...but I see a big slowdown even in the Sharma coming year2:16:49 PM Shankar and bric pack looks toast Sharma2:16:56 PM Dhiraj Papnai lol2:17:00 PM Amar lol Margaje2:17:04 PM Pinky lol Lapasia m2:17:08 PM Sajjid Lala lol2:17:11 PM Shankar bearish stance is always based on entire reading of Sharma global macro and fundamentals2:17:26 PM Shankar as well as broad technical’s Sharma2:17:39 PM Ankit In how many years do u see NIFTY hitting new Chaudhary m life time highs?2:17:55 PM Shankar not for a long time Sharma2:17:58 PM Pinky EURO/USD Lapasia m2:18:03 PM Suresh sunteckwealth will u give a thumsup for return of UPA-3 after Thanvi elections?2:18:10 PM Shankar euro looks very weak Sharma2:18:14 PM Ritesh spasecurities. so other than Govt bonds, is bonds listed on Badjatya com exchanges like IRFC , NHAI , PFC, SRTRANS
  8. 8. etc. is good or stick to govt. bonds only2:18:21 PM Ravi Sharma What would be your call on FMCGs for this year ?2:18:26 PM Shankar no, u can buy other bonds as well Sharma2:18:38 PM Shankar I am a UPA voter so always want it to be in power Sharma2:18:51 PM Amar Other than Tata coffee & IT any other stocks to Margaje hide?2:18:53 PM Shankar fmcgs look good this year, as bear market plays Sharma2:19:10 PM Manoj Rawal thomsonreute despite what happened in UPA-1 & UPA-II tenure? No reforms that is?2:19:25 PM Shankar I disagree Sharma2:19:33 PM Shankar there have been major reforms in both periods Sharma2:19:38 PM Priyanka What’s your view on US markets? Shah2:19:46 PM Shankar negative on US markets Sharma2:19:50 PM Anil Kumar but what about the scams that have happened? Bhansali2:19:55 PM Suresh sunteckwealth and even lost opportunity in many cases Sir.. Thanvi max.com2:19:55 PM Shankar but US will outperform this year Sharma2:20:02 PM Shankar there are no scams Sharma2:20:09 PM Shankar thats a CAG created myth Sharma2:20:12 PM Dhairya Shah which sector will lead the down fall?2:20:18 PM Dhiraj Papnai Any major market that you are bullish on?2:20:25 PM Shankar in 2g, there is no evidence till date that raja took Sharma any money2:20:36 PM Amar Agree Margaje2:20:38 PM Shankar the smaller marktes like Philippines etc look good Sharma2:21:03 PM Shankar banks will lead the fall Sharma2:21:14 PM Dhairya Shah k. thx2:21:25 PM Shankar banks look shaky...poor deposit growth, in credit Sharma credit/deposit ratio2:21:28 PM Suresh sunteckwealth Sir for Indian investors..? Where should they be
  9. 9. Thanvi heading Bank FD’s..2:21:34 PM Shankar yes bank FDs Sharma2:21:42 PM Ritesh spasecurities. thanx sir. Badjatya com2:21:49 PM Shankar return of capital is more important than return on Sharma capital2:22:02 PM Kartik Mehta antiquelimite how would the markets react to Narendre modi becoming a prime minister candidate?2:22:21 PM Shankar the gujus will dance on the streets Sharma2:22:22 PM Suresh sunteckwealth we might have better deposit ratios Thanvi which is good2:22:29 PM Shankar am not sure about the rest of india Sharma2:22:31 PM Kartik Mehta antiquelimite lol d.com2:22:35 PM Sajjid Lala So sir in your view do u think that 2013 & 2014 Indian equity markets will go nowhere2:22:38 PM Anil Kumar so u don’t think that the fall out in the market is Bhansali because of the policies made by UPA or in fact no policies made by UPA2:22:42 PM Amar lol Margaje2:22:57 PM Shankar markets have been bad globally Sharma2:23:09 PM Shankar I ll give you three villains Sharma2:23:17 PM Shankar CAG, RBI and Supreme court Sharma2:23:21 PM Sajjid Lala Lol2:23:25 PM Shankar they are the reason why we r in this mess Sharma2:23:27 PM Priyanka Within banking what’s your call on pvt banks? Shah2:23:36 PM Dhiraj Papnai Shankar, how long do you think would India be in a bear phase...when would things likely to improve for us2:23:37 PM Suresh sunteckwealth mkts have been bad globally....????? sir markets Thanvi globally are at multi year highs..2:23:43 PM Utkarsh @ Shankar what is u outlook on MNC Pharma Maheshwari names post yesterdays verdict2:23:53 PM Shankar no...thats only the US Sharma
  10. 10. 2:24:11 PM Shankar and western markets have been given a supportive Sharma monetary policy2:24:15 PM Pinky what’s your u r view on MEDIA sector & Lapasia m education Stocks Like Mt edu / tree house ...2:24:24 PM Shankar in india, the rbi has screwed everybody by killing Sharma growth2:24:34 PM Shankar I don’t follow media or education stocks Sharma2:24:39 PM Sailesh Jain quantcapital.c what’s your view on OIL PSUs & Reliance ? o.in2:24:40 PM Santosh goodfortunec your view on reliance sir Chandane apitals.com2:24:54 PM Shankar been negative on reliance for 5 years now Sharma2:25:04 PM Shankar don’t know about oil osus Sharma2:25:04 PM Shailendra universalsom Sir your views on Aviation sector? Mehta po.com2:25:05 PM Pinky IVRCL? Lapasia m2:25:10 PM Sailesh Jain quantcapital.c and OIL PSUs sir o.in2:25:14 PM Rohan Gala what’s your view on the oil n gas sector after the steps govt has taken to curb the subsidy....2:25:16 PM Shankar aviation is a crap business Sharma2:25:21 PM Shankar so is infra Sharma2:25:28 PM Pinky MCX? Lapasia m2:25:34 PM Shankar Am ambivalent on oil and gas Sharma2:25:41 PM Manoj Rawal thomsonreute re: RBI, would say that Reddy was far better Guv as compared to Subbarao in taming inflation?2:25:42 PM Santosh goodfortunec h-lever and itc view sir Chandane apitals.com2:25:42 PM Tejas Shah Do you see Dr Copper catching a flu? ... seems to be on verge of making multi-month top2:25:47 PM Shankar don’t follow MCX, but am not bullish on stock Sharma exchanges2:25:53 PM Sailesh Jain quantcapital.c thanks Sir for your view o.in2:25:55 PM Shankar yes agree on copper Sharma
  11. 11. 2:25:55 PM Sangameswar Any particular names in Pharma where u feel Iyer comfort entering at current levels2:26:05 PM Jignesh Shah unsp for 3 to 6 months view2:26:06 PM Shankar sun, lupin Sharma2:26:09 PM Priyanka Within banking what’s your call on pvt banks? Shah2:26:13 PM Shankar unsp is fine Sharma2:26:30 PM Amar tata global Margaje2:26:32 PM Shankar we are negative on pvt and psu banks...valuations Sharma of pvt banks r way too high2:26:41 PM Rohan Gala any particular stock one can see in the oil n gas sector2:26:43 PM Shankar no, tata coffe, i like Sharma2:26:48 PM Shankar not tata global Sharma2:26:54 PM Amar k Margaje2:27:03 PM Shankar no, I don’t like the oil n gas sector Sharma2:27:11 PM Santosh goodfortunec your view on itc and H-lever sir Chandane apitals.com2:27:23 PM Shankar both look like ok bets for this year Sharma2:27:29 PM Sangameswar Sir but does the valuation provide the comfort in Iyer these names (Sun especially)2:27:30 PM Jitendra So where do you sell Nifty again? Sell here? Mehta2:27:30 PM Shankar at least we won’t lose 40% in those Sharma2:27:36 PM Sajjid Lala your view on Nestle sir2:27:42 PM Shankar in good stocks, valuation is always high Sharma2:27:46 PM Shankar in reliance it is always low Sharma2:27:51 PM Shankar so you decide Sharma2:28:25 PM Ritesh spasecurities. true certainty always command premium Badjatya com2:28:31 PM Sajjid Lala your view on Nestle sir2:28:35 PM Santosh goodfortunec what u think on OFS policy of GOVT will govt
  12. 12. Chandane able to garner the good amount2:28:35 PM Shankar good Sharma2:28:45 PM Gaurav Lohia Shankar.. over the past 5 yrs FII holdings has risen by ~500bps while DII and retail are out.... do you feel that this trend would change or they would continue to mop up all the available floating stock... and the govt would raise FII limits regularly...2:28:51 PM Shankar let’s see about divestment Sharma2:28:59 PM Shankar now all divestments go to LIC Sharma2:29:20 PM Shankar the FII’s are largely ETF driven Sharma2:29:30 PM Shankar so they can reverse very quickly Sharma2:29:53 PM Shankar let’s not start believing that FII’s are here for Sharma us...they r momentum driven ETFs2:29:54 PM Ankit Technically, what level on Nifty if crossed will Chaudhary m change your bearish stance completely??2:30:03 PM Gaurav Lohia yeah... but over 5 years they have only been rising... so reversal... would take some doing.2:30:08 PM Shankar 5% above all time high Sharma2:30:18 PM Jitendra Where do you sell Nifty now? Mehta2:30:18 PM Gaurav Lohia of you think that 5 yrs only ETF has come in2:30:22 PM Shankar you see...the beauty about India is this Sharma2:30:28 PM Shankar that Fii’s can never exit Sharma2:30:34 PM Shankar they can only enter Sharma2:30:37 PM Shankar but never exit Sharma2:30:44 PM Shankar it’s like the mafia Sharma2:30:49 PM Shankar u can join Sharma2:30:51 PM Vignesh like hotel California Eswar2:30:52 PM Shankar but never leave Sharma
  13. 13. 2:30:56 PM Manoj Rawal thomsonreute haha rs.com2:30:58 PM Shankar yeah Sharma2:31:03 PM Amar hahaha Margaje2:31:03 PM Sajjid Lala lol2:31:07 PM Shankar paresh rawal said this to sanjay dutt in Naam Sharma2:31:19 PM Gaurav Lohia so... would we again see retail coming back post new highs are made... as it happens always2:31:21 PM Shankar yahan par 1 billion bechega to lower circuit Sharma2:31:32 PM Shankar this market is a fraud market Sharma2:31:35 PM Shankar there is zero depth Sharma2:31:52 PM Shankar Emkay sold 600 crs by mistake we had lower Sharma circuit2:31:57 PM Suresh sunteckwealth Sir, would u advise govt to take some actions to Thanvi revive this fraud markets..?2:32:15 PM Shankar so india very smartly made a market where Fii’s Sharma can only buy2:32:18 PM Shankar but never sell Sharma2:32:27 PM Suresh sunteckwealth as its bread and butter for all of us.. Thanvi max.com2:32:36 PM Shankar only that stupid institution called RBI can do Sharma something2:32:42 PM Priyanka What’s your call in Japanese Yen and Nikkei? Shah2:32:45 PM Shankar let’s find some other bread and butter Sharma2:32:49 PM Shankar or just bread Sharma2:32:55 PM Shankar forget about the butter Sharma2:33:05 PM Gaurav Lohia fraud... hmm... i would have said that when people were bullish at 21000 in 2008 Jan... but the very same guys have now turned bearish to the level of calling an end to the markets... time to change view shanker?2:33:25 PM Suresh sunteckwealth u did leave market last year or year before ..but as Thanvi u say it’s like mafia u have to enter back can’t stay away from this..
  14. 14. 2:33:35 PM Shankar who has turned bearish now, who was bullish at Sharma 21k in 2008?2:33:38 PM Suresh sunteckwealth your personal experience Thanvi max.com2:33:55 PM Shankar I never left markets Sharma2:34:02 PM Shankar I only said I have stopped investing Sharma2:34:07 PM Shankar In the stock markets Sharma2:34:12 PM Shankar and do more bonds now Sharma2:34:33 PM Suresh sunteckwealth read an interview about u leaving markets and Thanvi focusing on Education sector in popular financial Daily2:34:57 PM Priyanka What’s your call in Japanese Yen and Nikkei? Shah2:35:01 PM Shankar yes, but the reporter made it seem as if I have quit Sharma markets. I only said I don’t have the time for investing2:35:12 PM Shankar japan s run is more or less done Sharma2:35:41 PM Gaurav Lohia no1 in particular... but most of the sell side has turned super bearish... same guys were bllisgh then.2:36:01 PM Shankar I think sell side conciseness is fairly bullish even Sharma now2:36:05 PM Vignesh maybe they just got wiser since then.... Eswar2:36:08 PM Shankar it was v bearish in Dec 2011 Sharma2:36:23 PM Shankar now consensus is reasonably bullish Sharma2:36:33 PM Ankit Sir you will wait for 6670 on Nifty to cross to turn Chaudhary m bullish .. Isn’t that too far.. You will miss the whole rally if it comes2:37:01 PM Shankar no we wont Sharma2:37:05 PM Shankar We’ll play it Sharma2:37:06 PM Suresh sunteckwealth And adding to Ankit’s Question what upside will u Thanvi look at post 66702:37:10 PM Shankar but we don’t have to believe it Sharma2:37:25 PM Amar long term view on Indian equities?
  15. 15. Margaje2:37:28 PM Shankar playing something and believing in it are too diff Sharma things2:37:32 PM Amar 3.-5 yrs Margaje2:37:39 PM Shankar I never take long term view in equities Sharma2:37:49 PM Shankar equities are a short term game Sharma2:37:57 PM Shankar I don’t keep a demat account Sharma2:38:06 PM Sajjid Lala LOL2:38:10 PM Ankit lol Chaudhary m2:38:13 PM Amar lol Margaje2:38:19 PM Manoj Rawal thomsonreute whoa! and we though money in equities can only be made in long term!?2:38:22 PM Atul Vitha lol2:38:26 PM Shankar keep everything ready to go Sharma2:38:33 PM Shankar which is why i always escape bear markets Sharma2:38:45 PM Bharat Shah and view for FY 132:38:51 PM Dhiraj Papnai and miss the bull run too perhaps?2:39:10 PM Vignesh so in terms of diversification - from shallow Indian Eswar equities - which other markets look interesting to you from a trading perspective?2:39:11 PM Shankar manoj, the problem is that funds give this long Sharma term investing bs becos they want u to stay in their funds for years and they make fees2:39:19 PM Suresh sunteckwealth what would u advise your BIG BULL market Thanvi friend..?2:39:20 PM Shankar all markets are tradeable Sharma2:39:30 PM Shankar who Rakesh? Sharma2:39:57 PM Shankar Haven’t met him for while lately Sharma2:40:06 PM Suresh sunteckwealth all BULLs fathers and god fathers. Thanvi max.com2:40:10 PM Shankar but midcaps have been crushed Sharma2:40:52 PM Suresh sunteckwealth 400-IPO now we don’t know...that’s a Scam
  16. 16. Thanvi max.com2:40:55 PM Pinky any midcap u would like to pick up ... Lapasia m2:41:07 PM Shankar which IPO? Sharma2:41:12 PM Pinky I mean midcap which are small cap now Lapasia m2:41:12 PM Manoj Rawal thomsonreute now that youve raised midcaps - what do you make of the recent mid-cap crash? Fallen off the cliff down in the valley...2:41:19 PM Suresh sunteckwealth A2Z..? Thanvi max.com2:41:20 PM Vignesh Shankar -you’ve been through a lot of tough times Eswar personally in the last 12 years - can you share the bif life learnings that have seen you through it and kept you shining?2:41:23 PM Tejas Shah Do you see any silver linings in Mid-cap and Small-caps?2:41:28 PM Shankar oh a2z Sharma2:41:41 PM Shankar Tata coffee is the only midcap we like Sharma2:41:55 PM Savio Shetty @ ST - @ Least it was true to its name. Went from A to Z2:41:59 PM Shankar sound business, good governace, consumer play Sharma2:42:02 PM Shankar lollllll Sharma2:42:07 PM Shankar thats a good one on a2z Sharma2:42:11 PM Manoj Rawal thomsonreute LOL Savio rs.com2:42:21 PM Suresh sunteckwealth A groupt to Z group Thanvi max.com2:42:28 PM Shankar nice one Sharma2:42:32 PM Shankar hota hai boss Sharma2:42:38 PM Shankar markets are great levellers Sharma2:42:46 PM Dhiraj Papnai true2:43:08 PM Suresh sunteckwealth agree.. Thanvi max.com2:43:09 PM Vignesh and blue jeans...
  17. 17. Eswar2:43:10 PM Shankar idea is not to start believing in the market bullshit Sharma2:43:36 PM Shankar keep some distance from the hype Sharma2:44:31 PM Manoj Rawal thomsonreute and that’s what is I guess impossible.. can we stay away from the screen glamour?2:44:36 PM Suresh sunteckwealth whats are your key takeaways from Indian market Thanvi in your past 15-16 years2:44:49 PM Shankar be sceptical Sharma2:44:57 PM Shankar about equities in general Sharma2:45:07 PM Shankar don’t become an evangelist Sharma2:45:11 PM Shankar it’s a movie Sharma2:45:14 PM Suresh sunteckwealth yeah about equities only i meant.. Thanvi max.com2:45:20 PM Shankar so leave after 3 hrs Sharma2:45:47 PM Suresh sunteckwealth do u see return of bull phase back anytime soon... Thanvi max.com2:45:58 PM Shankar dont see it this year Sharma2:46:03 PM Suresh sunteckwealth we never had a new high since past 6 years Thanvi max.com2:46:12 PM Shankar but we can make money even in a bear market Sharma guys2:46:16 PM Shankar so don’t get depressed Sharma2:46:31 PM Amar that only u made boss Margaje2:46:34 PM Shankar t20, 50 overs, 5 day Sharma2:46:38 PM Shankar we can play all formats Sharma2:46:53 PM Manoj Rawal thomsonreute IPL days here anyways rs.com2:46:57 PM Shankar jaisa market, waisa game yes Sharma2:49:08 PM Anil Kumar So to sum up nifty would go below 5000 this year Bhansali and INR will remain weak investment should be made in bonds and FMCG right?
  18. 18. 2:49:23 PM Suresh sunteckwealth and congress will be back in UPA-3 Thanvi max.com2:49:42 PM Anil Kumar hahaha Bhansali2:49:47 PM Suresh sunteckwealth right AKB Thanvi max.com2:49:49 PM Shankar yes Sharma2:49:56 PM Dhiraj Papnai we might not be on the same page on nifty, but m with you on sachin2:49:57 PM Amar who u would like to see as next pm - Margaje PC/namo/rahul ?2:50:12 PM Shankar I hope so Sharma2:50:55 PM Shankar guys we don’t have to agree on everything Sharma2:51:03 PM Shankar PC Sharma2:51:06 PM Suresh sunteckwealth yeah we agree to disagree on Nifty Thanvi max.com2:51:10 PM Shankar Rahul in 2019 Sharma2:51:17 PM Shankar let Namo first practise as head of bjp Sharma2:51:27 PM Suresh sunteckwealth or 2029 he is too young now Thanvi max.com2:51:37 PM Shankar usko pehle party mein consenus lanney do Sharma2:51:37 PM Anil Kumar what about manmohan singh sir? Bhansali2:51:49 PM Shankar yeah sure Sharma2:52:10 PM Shankar manmohan is great for the country Sharma2:52:14 PM Shankar but too old now Sharma2:52:48 PM Amar what about mulayam/sp/maya/jaya , they r in Margaje waiting since 19912:52:55 PM Bharat Shah In politics no old word2:53:11 PM Shankar true Sharma2:53:26 PM Shankar let’s see Sharma2:53:32 PM Shankar 2014 is far away
  19. 19. Sharma2:53:37 PM Shankar we have to survive April Sharma2:53:44 PM Ritesh spasecurities. old is gold in politics Badjatya com2:54:02 PM Shankar yes..even Advani wants to be pm Sharma2:54:02 PM Jitendra Coming back to markets, what are any new books Mehta you would recommend a trader to read2:54:22 PM Amar hanuman chalisa Margaje2:54:26 PM Shankar haven’t read a book on markets for a long time Sharma2:54:35 PM Shankar hanuman chalisa a good bet Sharma2:54:47 PM Shankar hedge funds off the record Sharma2:54:51 PM Shankar by steven drobny Sharma2:55:00 PM Shankar but one book all of u MUST read is Sharma2:55:07 PM Bharat Shah that is why your prediction are going right2:55:11 PM Shankar Thinking Fast, Thinking Slow Sharma2:55:20 PM Savio Shetty Ill suggest one Shankar - Read Thinking, Fast and Slow: Daniel Kahneman2:55:20 PM Shankar read this book Sharma2:55:27 PM Vignesh yeah Eswar2:55:32 PM Shankar amazing Sharma2:55:37 PM Manoj Rawal thomsonreute hanuman chalis? LOL rs.com2:55:39 PM Savio Shetty ha ha ..Weve read it both I guess2:55:41 PM Shankar after that, u ll stop watching cnbc Sharma2:55:54 PM Shankar and will laugh when somebody gives you a GDP Sharma forecast2:56:00 PM Bharat Shah time may come2:56:06 PM Amar lol Margaje2:56:31 PM Shankar guys, time to go Sharma
  20. 20. 2:56:40 PM Manoj Rawal thomsonreute Alright sir.. rs.com2:56:41 PM Amar thnx lot sir Margaje2:56:44 PM Anil Kumar thks for the view sirji Bhansali2:56:52 PM Shankar any time guys Sharma2:56:55 PM Suresh sunteckwealth Thanks a lot sir..Nice chatting with u Thanvi max.com2:56:55 PM Shankar have fun Sharma2:56:56 PM Pinky Thanks a lot... For your time & view sir Lapasia m2:56:59 PM Shankar take it easy Sharma2:56:59 PM Sajjid Lala thnx shankar2:57:02 PM Vignesh Tx Shankar! Eswar2:57:04 PM Sangameswar Hi Sir - it was agreat learning while working under Iyer you and great to catch up with you so many years later2:57:05 PM Ankit Thanks a lot sir.. Chaudhary m2:57:07 PM Dhairya Shah grt to have ur vies sir2:57:07 PM Bharat Shah thanks2:57:12 PM Shankar and don’t take this market shit too seriously Sharma2:57:16 PM Manoj Rawal thomsonreute Thanks a lot for all your views and sharing your time with us2:57:19 PM Shankar or you will go mad Sharma2:57:22 PM Shankar bye Sharma