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1:59:41 PM Manoj Rawal thomsonreute   Time to start our today's session with Shankar
                       rs.com         Sharma and Alok Kumar now...
1:59:57 PM Manoj Rawal thomsonreute   Please welcome both of them...
                       rs.com
2:00:13 PM Manoj Rawal thomsonreute   Hello Mr Shankar Sharma, welcome to Trading
                       rs.com         India
2:00:14 PM Anil Kumar mecklai.com     welcome sir
           Bhansali
2:00:18 PM Shankar     fglobal.com    thanks
           Sharma
2:00:34 PM Vignesh     subhkam.com    Hi Shankar! It’s been a while...
           Eswar
2:00:37 PM Dipika      thomsonreute   Welcome to Trading India...Shankar and Alok
           Lalwani     rs.com
2:00:45 PM Shankar     fglobal.com    sure thanks
           Sharma
2:01:07 PM Manoj Rawal thomsonreute   Starting with a first question: your outlook on the
                       rs.com         Indian markets please?
2:01:27 PM Shankar     fglobal.com    outlook is negative for India and overall, emerging
           Sharma                     markets
2:01:50 PM Vignesh     subhkam.com    on what time frame are you negative
           Eswar
2:02:00 PM Shankar     fglobal.com    this whole year
           Sharma
2:02:16 PM Manoj Rawal thomsonreute we read your report released few weeks back on
                       rs.com       BRIC countries and it seems you predict a crash
                                    there? what makes you feel that way?
2:02:16 PM Vignesh      subhkam.com ok....
           Eswar
2:02:36 PM Shankar      fglobal.com   brics are standing the edge of a major growth cliff
           Sharma
2:02:37 PM Anil Kumar   mecklai.com 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.com
2:02:55 PM Shankar      fglobal.com yes, we were very bullish all of 2012
           Sharma
2:03:10 PM Shankar      fglobal.com   but we changed our view in Jan this year
           Sharma
2:03:38 PM Vignesh      subhkam.com what were the triggers?
Eswar
2:03:41 PM Hitesh Lad    asia.bnpparib so to be clear on view Sir..are you not bullish
                         as.com        anymore? or you are bearish?
2:03:48 PM Shankar       fglobal.com we are positive on IT, pharma, consumers like
           Sharma                      united spirits, Tata coffee, nestle, etc
2:03:51 PM Shaunpaul     idbi.co.in    What are the factors that led to this change -
           Kavalakatt                  political scenario/macroeconomics/global?
2:04:12 PM Shankar       fglobal.com triggers will be a terrible global macro
           Sharma                      environment, and very disappointing data from
                                       India and Bric pack
2:04:16 PM Suresh        sunteckwealth Good Afternoon Sir, Your name has been a
           Thanvi        max.com       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       fglobal.com we are neither bullish or bearish.
           Sharma
2:04:53 PM Shankar       fglobal.com   we get paid to be right
           Sharma
2:05:00 PM Deepan        icicilombard.c Do u have any target for Indian Rupee?
           Bafna         om
2:05:08 PM Shankar       fglobal.com so whichever side we play, we have to be right
           Sharma
2:05:20 PM Shankar       fglobal.com   last year we were very bullish from Jan itself
           Sharma
2:05:29 PM Shankar       fglobal.com   when everybody was very negative
           Sharma
2:05:36 PM Shankar       fglobal.com   this year we turned bearish
           Sharma
2:05:37 PM Vignesh       subhkam.com are any of your relative strength models
           Eswar                     corroborating the bearish stance...
2:06:00 PM Shankar       fglobal.com when the whole street and foreign brokers start
           Sharma                    singing in joy, we turn cautious
2:06:08 PM Sangameswar   subhkam.com Hi Sir - any particular stocks in IT which u like
           Iyer
2:06:20 PM Shankar       fglobal.com   hcl tech
           Sharma
2:06:27 PM Shankar       fglobal.com   infy
           Sharma
2:06:27 PM Amar          hdfcsec.com your view on Indian politics ?early elections
           Margaje                   possible ?
2:06:31 PM Shankar       fglobal.com techm
           Sharma
2:06:41 PM Suresh        sunteckwealth what basic parameters u look into before arriving
           Thanvi        max.com       at a positive view..?
2:06:49 PM Shankar         fglobal.com  no, I don’t think there will early elections, but who
           Sharma                       can tell in politics'
2:06:58 PM Santosh         goodfortunec Good Afternoon Sir do u expect a early election
           Chandane        apitals.com
2:07:07 PM Pinky           askchirag.co INR view?
           Lapasia         m
2:07:09 PM Shankar         fglobal.com we have a very complex system, so kind of hard to
           Sharma                       say which parameters
2:07:17 PM Shankar         fglobal.com INR looks bearish
           Sharma
2:07:29 PM Suresh          sunteckwealth few basic ones if u can highlight it would be quite
           Thanvi          max.com        a lesson for us all
2:07:41 PM Pinky           askchirag.co any targets for 13-14
           Lapasia         m
2:07:41 PM Deepan          icicilombard.c any targets for INR this year?
           Bafna           om
2:07:47 PM Anusmit         hsbc.co.in     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 hate
2:07:48 PM Shankar         fglobal.com look at breadth as a good indicator
           Sharma
2:07:58 PM Shankar         fglobal.com    banks we are negative on
           Sharma
2:08:09 PM Amar            hdfcsec.com view on interest rates, rbi policy?
           Margaje
2:08:10 PM Shankar         fglobal.com we see banks being the single biggest area of loss
           Sharma                      in this year, in india
2:08:17 PM Dhiraj Papnai   edelcap.com Hi Shankar, your take on the whole global rally
                                       and the broader underperformance of the emerging
                                       markets
2:08:26 PM Shankar         fglobal.com the rbi has messed up with the rate policy
           Sharma
2:08:37 PM Shankar         fglobal.com    it is now too late to cut now and revive growth
           Sharma
2:08:53 PM Shankar         fglobal.com    the emerging mkt story is over for now
           Sharma
2:08:53 PM Amar            hdfcsec.com do u see rate cut in coming policy /
           Margaje
2:09:05 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         hsbc.co.in     whats your take on SBI especially in the light of
           Mazumdar                       an impending chairman change and wage
                                          negotiation
2:09:12 PM Shankar       fglobal.com  yes there will be a rate cut ahead but he has left it
           Sharma                     too late
2:09:19 PM Santosh       goodfortunec Sir what is your view on nifty keeping in mind big
           Chandane      apitals.com FIIS buying
2:09:21 PM Anusmit       hsbc.co.in   and low credit growth
           Mazumdar
2:09:21 PM Amar          hdfcsec.com hmm
           Margaje
2:09:21 PM Shankar       fglobal.com     yes bonds are good investment
           Sharma
2:09:41 PM Shailendra    universalsom ur views on stocks like Core, HDIL, Aanjaneya
           Mehta         po.com
2:09:44 PM Suresh        sunteckwealth whats more killing the growth prospects today
           Thanvi        max.com       delay in easing or bad governance..?
2:09:46 PM Shankar       fglobal.com what FIIs buy or sell has little meaning
           Sharma
2:09:58 PM Santosh       goodfortunec hum
           Chandane      apitals.com
2:10:16 PM Shankar       fglobal.com I pay no attention to fii flows, etc etc
           Sharma
2:10:17 PM Pinky         askchirag.co which is the best assets to allocate funds ...
           Lapasia       m
2:10:28 PM Shankar       fglobal.com bonds and fixed income
           Sharma
2:10:52 PM Manoj Rawal   thomsonreute    what do you make of the recent mid-cap crash?
                         rs.com          fallen off the cliff down in the valley...
2:10:56 PM Pinky         askchirag.co    Any stocks Like TataM which u picked last time
           Lapasia       m               ... Could be a bet for long term ...
2:11:10 PM Shankar       fglobal.com     we are now short on tata motors
           Sharma
2:11:25 PM Shankar      fglobal.com      now, tata coffee looks a great buy
           Sharma
2:11:39 PM Shankar      fglobal.com      tata motors has peaked out in terms of jlr potential
           Sharma
2:12:08 PM Kartik Mehta antiquelimite    what views on Infra pls
                        d.com
2:12:09 PM Shankar      fglobal.com      tata coffee is underwoned, a grt consumer play, at
           Sharma                        17x earnings, free cash positive, tata compny
2:12:10 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 only
2:12:20 PM Shankar       fglobal.com     infra we have been negatv for five years
           Sharma
2:12:21 PM Vignesh       subhkam.com Re - i pay no attention to fii flows, etc etc - I have
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 lag
2:12:23 PM   Jinesh Sheth sharekhan.co Hi sir , what is your view on Reality & Gold ?
                           m
2:12:47 PM   Shankar       fglobal.com gold we are negative on
             Sharma
2:12:51 PM   Sangameswar subhkam.com Sir - what is your view on maruti & the auto space
             Iyer                       in general
2:12:56 PM   Amar          hdfcsec.com saw your article on broking ind - crystal ball,
             Margaje                    what’s view ?
2:13:02 PM   Jinesh Sheth sharekhan.co Reality?
                           m
2:13:28 PM   Shankar       fglobal.com 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 negative
2:13:36 PM   Pinky         askchirag.co Crude oil WTI what’s your view , Last report
             Lapasia       m            From FG had crude targets of 8 $ ... after that not
                                        seen any update
2:13:39 PM   Dhiraj Papnai edelcap.com Shankar, looking at the CAD and other macro
                                        headwinds, what would be your one year target for
                                        Nifty
2:13:55 PM   Shankar       fglobal.com the inr can be 56+
             Sharma
2:14:04 PM   Shankar       fglobal.com yes the view on the broking industry is what it is
             Sharma
2:14:11 PM   Sangameswar subhkam.com true that’s why I wanted to know - any particular
             Iyer                       event / trigger point which could make u change
                                        the stance
2:14:19 PM   Shankar       fglobal.com oil looks bearish
             Sharma
2:14:24 PM   Shankar       fglobal.com we see 80 on it
             Sharma
2:14:25 PM   Santosh       goodfortunec what your view on pharma sector considering yest
             Chandane      apitals.com SC decision on Novartis
2:14:32 PM   Shankar       fglobal.com and all metals look terrible too
             Sharma
2:14:41 PM   Shankar       fglobal.com domestic pharma is great
             Sharma
2:14:58 PM   Pinky         askchirag.co bearish oil / metals / gold .. isn’t it good For india
             Lapasia       m            growth story ?
2:15:11 PM   Shankar       fglobal.com in theory, that is good
             Sharma
2:15:23 PM Shankar       fglobal.com in reality, that’s a diff story altogether
           Sharma
2:15:25 PM Dhiraj Papnai edelcap.com Shankar, looking at the CAD and other macro
                                        headwinds, what would be your one year target for
                                        Nifty
2:15:37 PM Pinky         askchirag.co Do u follow technical analysis ... ever?
           Lapasia       m
2:15:37 PM Shankar       fglobal.com below 5000, for sure
           Sharma
2:15:48 PM Shankar       fglobal.com i follow everything
           Sharma
2:16:02 PM Shankar       fglobal.com idea is to get mkts right, so whatever it takes
           Sharma
2:16:08 PM Priyanka      edelcap.com Do you see similarity between south east Asian
           Shah                         currency crisis of 1997 & current Indian macro
                                        situation?
2:16:23 PM Pinky         askchirag.co bearish Stance is based on technical’s or
           Lapasia       m              fundamentals
2:16:35 PM Shankar       fglobal.com not really...but I see a big slowdown even in the
           Sharma                       coming year
2:16:49 PM Shankar       fglobal.com and bric pack looks toast
           Sharma
2:16:56 PM Dhiraj Papnai edelcap.com lol
2:17:00 PM Amar          hdfcsec.com lol
           Margaje
2:17:04 PM Pinky         askchirag.co lol
           Lapasia       m
2:17:08 PM Sajjid Lala   hdfcsec.com lol
2:17:11 PM Shankar       fglobal.com bearish stance is always based on entire reading of
           Sharma                       global macro and fundamentals
2:17:26 PM Shankar       fglobal.com as well as broad technical’s
           Sharma
2:17:39 PM Ankit         askchirag.co In how many years do u see NIFTY hitting new
           Chaudhary     m              life time highs?
2:17:55 PM Shankar       fglobal.com not for a long time
           Sharma
2:17:58 PM Pinky         askchirag.co EURO/USD
           Lapasia       m
2:18:03 PM Suresh        sunteckwealth will u give a thumsup for return of UPA-3 after
           Thanvi        max.com        elections?
2:18:10 PM Shankar       fglobal.com euro looks very weak
           Sharma
2:18:14 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 only
2:18:21 PM Ravi Sharma     plindia.com   What would be your call on FMCGs for this year ?
2:18:26 PM Shankar         fglobal.com   no, u can buy other bonds as well
           Sharma
2:18:38 PM Shankar         fglobal.com   I am a UPA voter so always want it to be in power
           Sharma
2:18:51 PM Amar            hdfcsec.com Other than Tata coffee & IT any other stocks to
           Margaje                     hide?
2:18:53 PM Shankar         fglobal.com fmcgs look good this year, as bear market plays
           Sharma
2:19:10 PM Manoj Rawal     thomsonreute despite what happened in UPA-1 & UPA-II
                           rs.com       tenure? No reforms that is?
2:19:25 PM Shankar         fglobal.com I disagree
           Sharma
2:19:33 PM Shankar         fglobal.com   there have been major reforms in both periods
           Sharma
2:19:38 PM Priyanka        edelcap.com What’s your view on US markets?
           Shah
2:19:46 PM Shankar         fglobal.com   negative on US markets
           Sharma
2:19:50 PM Anil Kumar      mecklai.com but what about the scams that have happened?
           Bhansali
2:19:55 PM Suresh          sunteckwealth and even lost opportunity in many cases Sir..
           Thanvi          max.com
2:19:55 PM Shankar         fglobal.com but US will outperform this year
           Sharma
2:20:02 PM Shankar         fglobal.com   there are no scams
           Sharma
2:20:09 PM Shankar         fglobal.com   thats a CAG created myth
           Sharma
2:20:12 PM Dhairya Shah    aifl.net    which sector will lead the down fall?
2:20:18 PM Dhiraj Papnai   edelcap.com Any major market that you are bullish on?
2:20:25 PM Shankar         fglobal.com in 2g, there is no evidence till date that raja took
           Sharma                      any money
2:20:36 PM Amar            hdfcsec.com Agree
           Margaje
2:20:38 PM Shankar         fglobal.com   the smaller marktes like Philippines etc look good
           Sharma
2:21:03 PM Shankar         fglobal.com   banks will lead the fall
           Sharma
2:21:14 PM Dhairya Shah    aifl.net      k. thx
2:21:25 PM Shankar         fglobal.com   banks look shaky...poor deposit growth, in credit
           Sharma                        credit/deposit ratio
2:21:28 PM Suresh          sunteckwealth Sir for Indian investors..? Where should they be
Thanvi         max.com       heading Bank FD’s..
2:21:34 PM   Shankar        fglobal.com   yes bank FDs
             Sharma
2:21:42 PM   Ritesh         spasecurities. thanx sir.
             Badjatya       com
2:21:49 PM   Shankar        fglobal.com return of capital is more important than return on
             Sharma                        capital
2:22:02 PM   Kartik Mehta   antiquelimite how would the markets react to Narendre modi
                            d.com          becoming a prime minister candidate?
2:22:21 PM Shankar          fglobal.com the gujus will dance on the streets
           Sharma
2:22:22 PM Suresh           sunteckwealth agreed..so we might have better deposit ratios
           Thanvi           max.com       which is good
2:22:29 PM Shankar          fglobal.com am not sure about the rest of india
           Sharma
2:22:31 PM Kartik Mehta     antiquelimite lol
                            d.com
2:22:35 PM Sajjid Lala      hdfcsec.com So sir in your view do u think that 2013 & 2014
                                          Indian equity markets will go nowhere
2:22:38 PM Anil Kumar       mecklai.com 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 UPA
2:22:42 PM Amar             hdfcsec.com lol
           Margaje
2:22:57 PM Shankar          fglobal.com   markets have been bad globally
           Sharma
2:23:09 PM Shankar          fglobal.com   I ll give you three villains
           Sharma
2:23:17 PM Shankar          fglobal.com   CAG, RBI and Supreme court
           Sharma
2:23:21 PM Sajjid Lala      hdfcsec.com Lol
2:23:25 PM Shankar          fglobal.com they are the reason why we r in this mess
           Sharma
2:23:27 PM Priyanka         edelcap.com Within banking what’s your call on pvt banks?
           Shah
2:23:36 PM Dhiraj Papnai    edelcap.com Shankar, how long do you think would India be in
                                          a bear phase...when would things likely to improve
                                          for us
2:23:37 PM Suresh           sunteckwealth mkts have been bad globally....????? sir markets
           Thanvi           max.com       globally are at multi year highs..
2:23:43 PM Utkarsh          rcap.co.in    @ Shankar what is u outlook on MNC Pharma
           Maheshwari                     names post yesterday's verdict
2:23:53 PM Shankar          fglobal.com no...thats only the US
           Sharma
2:24:11 PM Shankar        fglobal.com  and western markets have been given a supportive
           Sharma                      monetary policy
2:24:15 PM Pinky          askchirag.co what’s your u r view on MEDIA sector &
           Lapasia        m            education Stocks Like Mt edu / tree house ...
2:24:24 PM Shankar        fglobal.com in india, the rbi has screwed everybody by killing
           Sharma                      growth
2:24:34 PM Shankar        fglobal.com I don’t follow media or education stocks
           Sharma
2:24:39 PM Sailesh Jain   quantcapital.c what’s your view on OIL PSU's & Reliance ?
                          o.in
2:24:40 PM Santosh        goodfortunec your view on reliance sir
           Chandane       apitals.com
2:24:54 PM Shankar        fglobal.com been negative on reliance for 5 years now
           Sharma
2:25:04 PM Shankar        fglobal.com      don’t know about oil osus
           Sharma
2:25:04 PM Shailendra     universalsom     Sir your views on Aviation sector?
           Mehta          po.com
2:25:05 PM Pinky          askchirag.co     IVRCL?
           Lapasia        m
2:25:10 PM Sailesh Jain   quantcapital.c   and OIL PSU's sir
                          o.in
2:25:14 PM Rohan Gala     subhkam.com      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        fglobal.com      aviation is a crap business
           Sharma
2:25:21 PM Shankar        fglobal.com      so is infra
           Sharma
2:25:28 PM Pinky          askchirag.co MCX?
           Lapasia        m
2:25:34 PM Shankar        fglobal.com Am ambivalent on oil and gas
           Sharma
2:25:41 PM Manoj Rawal    thomsonreute     re: RBI, would say that Reddy was far better Guv
                          rs.com           as compared to Subbarao in taming inflation?
2:25:42 PM Santosh        goodfortunec     h-lever and itc view sir
           Chandane       apitals.com
2:25:42 PM Tejas Shah     edelcap.com    Do you see Dr Copper catching a flu? ... seems to
                                         be on verge of making multi-month top
2:25:47 PM Shankar        fglobal.com don’t follow MCX, but am not bullish on stock
           Sharma                        exchanges
2:25:53 PM Sailesh Jain   quantcapital.c thanks Sir for your view
                          o.in
2:25:55 PM Shankar        fglobal.com yes agree on copper
           Sharma
2:25:55 PM Sangameswar    subhkam.com Any particular names in Pharma where u feel
           Iyer                       comfort entering at current levels
2:26:05 PM Jignesh Shah   sunidhi.com unsp for 3 to 6 months view
2:26:06 PM Shankar        fglobal.com sun, lupin
           Sharma
2:26:09 PM Priyanka       edelcap.com Within banking what’s your call on pvt banks?
           Shah
2:26:13 PM Shankar        fglobal.com   unsp is fine
           Sharma
2:26:30 PM Amar           hdfcsec.com tata global
           Margaje
2:26:32 PM Shankar        fglobal.com we are negative on pvt and psu banks...valuations
           Sharma                     of pvt banks r way too high
2:26:41 PM Rohan Gala     subhkam.com any particular stock one can see in the oil n gas
                                      sector
2:26:43 PM Shankar        fglobal.com no, tata coffe, i like
           Sharma
2:26:48 PM Shankar        fglobal.com   not tata global
           Sharma
2:26:54 PM Amar           hdfcsec.com k
           Margaje
2:27:03 PM Shankar        fglobal.com   no, I don’t like the oil n gas sector
           Sharma
2:27:11 PM Santosh        goodfortunec your view on itc and H-lever sir
           Chandane       apitals.com
2:27:23 PM Shankar        fglobal.com both look like ok bets for this year
           Sharma
2:27:29 PM Sangameswar    subhkam.com Sir but does the valuation provide the comfort in
           Iyer                       these names (Sun especially)
2:27:30 PM Jitendra       edelcap.com So where do you sell Nifty again? Sell here?
           Mehta
2:27:30 PM Shankar        fglobal.com   at least we won’t lose 40% in those
           Sharma
2:27:36 PM Sajjid Lala    hdfcsec.com your view on Nestle sir
2:27:42 PM Shankar        fglobal.com in good stocks, valuation is always high
           Sharma
2:27:46 PM Shankar        fglobal.com   in reliance it is always low
           Sharma
2:27:51 PM Shankar        fglobal.com   so you decide
           Sharma
2:28:25 PM Ritesh         spasecurities. true certainty always command premium
           Badjatya       com
2:28:31 PM Sajjid Lala    hdfcsec.com your view on Nestle sir
2:28:35 PM Santosh        goodfortunec what u think on OFS policy of GOVT will govt
Chandane     apitals.com able to garner the good amount
2:28:35 PM Shankar      fglobal.com good
           Sharma
2:28:45 PM Gaurav Lohia hdfcbank.com 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      fglobal.com let’s see about divestment
           Sharma
2:28:59 PM Shankar      fglobal.com now all divestments go to LIC
           Sharma
2:29:20 PM Shankar      fglobal.com the FII’s are largely ETF driven
           Sharma
2:29:30 PM Shankar      fglobal.com so they can reverse very quickly
           Sharma
2:29:53 PM Shankar      fglobal.com let’s not start believing that FII’s are here for
           Sharma                    us...they r momentum driven ETFs
2:29:54 PM Ankit        askchirag.co Technically, what level on Nifty if crossed will
           Chaudhary    m            change your bearish stance completely??
2:30:03 PM Gaurav Lohia hdfcbank.com yeah... but over 5 years they have only been
                                     rising... so reversal... would take some doing.
2:30:08 PM Shankar      fglobal.com 5% above all time high
           Sharma
2:30:18 PM Jitendra     edelcap.com Where do you sell Nifty now?
           Mehta
2:30:18 PM Gaurav Lohia hdfcbank.com of you think that 5 yrs only ETF has come in

2:30:22 PM Shankar        fglobal.com   you see...the beauty about India is this
           Sharma
2:30:28 PM Shankar        fglobal.com   that Fii’s can never exit
           Sharma
2:30:34 PM Shankar        fglobal.com   they can only enter
           Sharma
2:30:37 PM Shankar        fglobal.com   but never exit
           Sharma
2:30:44 PM Shankar        fglobal.com   it’s like the mafia
           Sharma
2:30:49 PM Shankar        fglobal.com   u can join
           Sharma
2:30:51 PM Vignesh        subhkam.com like hotel California
           Eswar
2:30:52 PM Shankar        fglobal.com   but never leave
           Sharma
2:30:56 PM Manoj Rawal thomsonreute haha
                        rs.com
2:30:58 PM Shankar      fglobal.com yeah
           Sharma
2:31:03 PM Amar         hdfcsec.com hahaha
           Margaje
2:31:03 PM Sajjid Lala  hdfcsec.com lol
2:31:07 PM Shankar      fglobal.com paresh rawal said this to sanjay dutt in Naam
           Sharma
2:31:19 PM Gaurav Lohia hdfcbank.com so... would we again see retail coming back post
                                      new highs are made... as it happens always
2:31:21 PM Shankar      fglobal.com yahan par 1 billion bechega to lower circuit
           Sharma
2:31:32 PM Shankar      fglobal.com this market is a fraud market'
           Sharma
2:31:35 PM Shankar      fglobal.com there is zero depth
           Sharma
2:31:52 PM Shankar      fglobal.com Emkay sold 600 crs by mistake we had lower
           Sharma                     circuit'
2:31:57 PM Suresh       sunteckwealth Sir, would u advise govt to take some actions to
           Thanvi       max.com       revive this fraud markets..?
2:32:15 PM Shankar      fglobal.com so india very smartly made a market where Fii’s
           Sharma                     can only buy
2:32:18 PM Shankar      fglobal.com but never sell
           Sharma
2:32:27 PM Suresh       sunteckwealth as its bread and butter for all of us..
           Thanvi       max.com
2:32:36 PM Shankar      fglobal.com only that stupid institution called RBI can do
           Sharma                     something
2:32:42 PM Priyanka     edelcap.com What’s your call in Japanese Yen and Nikkei?
           Shah
2:32:45 PM Shankar      fglobal.com let’s find some other bread and butter
           Sharma
2:32:49 PM Shankar      fglobal.com or just bread
           Sharma
2:32:55 PM Shankar      fglobal.com forget about the butter
           Sharma
2:33:05 PM Gaurav Lohia hdfcbank.com 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       max.com       u say it’s like mafia u have to enter back can’t stay
                                      away from this..
2:33:35 PM Shankar        fglobal.com   who has turned bearish now, who was bullish at
           Sharma                       21k in 2008?
2:33:38 PM Suresh         sunteckwealth your personal experience
           Thanvi         max.com
2:33:55 PM Shankar        fglobal.com I never left markets
           Sharma
2:34:02 PM Shankar        fglobal.com   I only said I have stopped investing
           Sharma
2:34:07 PM Shankar        fglobal.com   In the stock markets
           Sharma
2:34:12 PM Shankar        fglobal.com   and do more bonds now
           Sharma
2:34:33 PM Suresh         sunteckwealth read an interview about u leaving markets and
           Thanvi         max.com       focusing on Education sector in popular financial
                                        Daily
2:34:57 PM Priyanka       edelcap.com What’s your call in Japanese Yen and Nikkei?
           Shah
2:35:01 PM Shankar        fglobal.com   yes, but the reporter made it seem as if I have quit
           Sharma                       markets. I only said I don’t have the time for
                                        investing
2:35:12 PM Shankar      fglobal.com     japan 's run is more or less done
           Sharma
2:35:41 PM Gaurav Lohia hdfcbank.com no1 in particular... but most of the sell side has
                                      turned super bearish... same guys were bllisgh
                                      then.
2:36:01 PM Shankar      fglobal.com I think sell side conciseness is fairly bullish even
           Sharma                     now
2:36:05 PM Vignesh      subhkam.com maybe they just got wiser since then....
           Eswar
2:36:08 PM Shankar      fglobal.com it was v bearish in Dec 2011
           Sharma
2:36:23 PM Shankar      fglobal.com now consensus is reasonably bullish
           Sharma
2:36:33 PM Ankit        askchirag.co 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 comes
2:37:01 PM Shankar      fglobal.com no we wont
           Sharma
2:37:05 PM Shankar      fglobal.com We’ll play it
           Sharma
2:37:06 PM Suresh       sunteckwealth And adding to Ankit’s Question what upside will u
           Thanvi       max.com       look at post 6670
2:37:10 PM Shankar      fglobal.com but we don’t have to believe it
           Sharma
2:37:25 PM Amar         hdfcsec.com long term view on Indian equities?
Margaje
2:37:28 PM   Shankar       fglobal.com playing something and believing in it are too diff
             Sharma                    things
2:37:32 PM   Amar          hdfcsec.com 3.-5 yrs
             Margaje
2:37:39 PM   Shankar       fglobal.com    I never take long term view in equities
             Sharma
2:37:49 PM   Shankar       fglobal.com    equities are a short term game
             Sharma
2:37:57 PM   Shankar       fglobal.com    I don’t keep a demat account
             Sharma
2:38:06 PM   Sajjid Lala   hdfcsec.com LOL
2:38:10 PM   Ankit         askchirag.co lol
             Chaudhary     m
2:38:13 PM   Amar          hdfcsec.com lol
             Margaje
2:38:19 PM   Manoj Rawal   thomsonreute   whoa! and we though money in equities can only
                           rs.com         be made in long term!?
2:38:22 PM Atul Vitha      eisec.com      lol
2:38:26 PM Shankar         fglobal.com    keep everything ready to go
           Sharma
2:38:33 PM Shankar         fglobal.com    which is why i always escape bear markets
           Sharma
2:38:45 PM Bharat Shah     ventura1.com and view for FY 13
2:38:51 PM Dhiraj Papnai   edelcap.com and miss the bull run too perhaps?
2:39:10 PM Vignesh         subhkam.com 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         fglobal.com 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 fees
2:39:19 PM Suresh          sunteckwealth what would u advise your BIG BULL market
           Thanvi          max.com       friend..?
2:39:20 PM Shankar         fglobal.com all markets are tradeable
           Sharma
2:39:30 PM Shankar         fglobal.com    who Rakesh?
           Sharma
2:39:57 PM Shankar         fglobal.com    Haven’t met him for while lately
           Sharma
2:40:06 PM Suresh          sunteckwealth all BULL's fathers and god fathers.
           Thanvi          max.com
2:40:10 PM Shankar         fglobal.com but midcaps have been crushed
           Sharma
2:40:52 PM Suresh          sunteckwealth 400-IPO now we don’t know...that’s a Scam
Thanvi        max.com
2:40:55 PM   Pinky         askchirag.co any midcap u would like to pick up ...
             Lapasia       m
2:41:07 PM   Shankar       fglobal.com which IPO?
             Sharma
2:41:12 PM   Pinky         askchirag.co I mean midcap which are small cap now
             Lapasia       m
2:41:12 PM   Manoj Rawal   thomsonreute now that you've raised midcaps - what do you
                           rs.com        make of the recent mid-cap crash? Fallen off the
                                         cliff down in the valley...
2:41:19 PM Suresh          sunteckwealth A2Z..?
           Thanvi          max.com
2:41:20 PM Vignesh         subhkam.com 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      edelcap.com Do you see any silver linings in Mid-cap and
                                         Small-caps?
2:41:28 PM Shankar         fglobal.com oh a2z
           Sharma
2:41:41 PM Shankar      fglobal.com      Tata coffee is the only midcap we like
           Sharma
2:41:55 PM Savio Shetty plindia.com      @ ST - @ Least it was true to its name. Went from
                                         A to Z
2:41:59 PM Shankar         fglobal.com   sound business, good governace, consumer play
           Sharma
2:42:02 PM Shankar         fglobal.com   lollllll
           Sharma
2:42:07 PM Shankar         fglobal.com   thats a good one on a2z
           Sharma
2:42:11 PM Manoj Rawal     thomsonreute LOL Savio
                           rs.com
2:42:21 PM Suresh          sunteckwealth A groupt to Z group
           Thanvi          max.com
2:42:28 PM Shankar         fglobal.com nice one
           Sharma
2:42:32 PM Shankar         fglobal.com   hota hai boss
           Sharma
2:42:38 PM Shankar         fglobal.com   markets are great levellers
           Sharma
2:42:46 PM Dhiraj Papnai   edelcap.com true
2:43:08 PM Suresh          sunteckwealth agree..
           Thanvi          max.com
2:43:09 PM Vignesh         subhkam.com and blue jeans...
Eswar
2:43:10 PM Shankar     fglobal.com idea is not to start believing in the market bullshit
           Sharma
2:43:36 PM Shankar     fglobal.com keep some distance from the hype
           Sharma
2:44:31 PM Manoj Rawal thomsonreute and that’s what is I guess impossible.. can we stay
                       rs.com        away from the screen glamour?
2:44:36 PM Suresh      sunteckwealth whats are your key takeaways from Indian market
           Thanvi      max.com       in your past 15-16 years
2:44:49 PM Shankar     fglobal.com be sceptical
           Sharma
2:44:57 PM Shankar     fglobal.com about equities in general
           Sharma
2:45:07 PM Shankar     fglobal.com don’t become an evangelist
           Sharma
2:45:11 PM Shankar     fglobal.com it’s a movie
           Sharma
2:45:14 PM Suresh      sunteckwealth yeah about equities only i meant..
           Thanvi      max.com
2:45:20 PM Shankar     fglobal.com so leave after 3 hrs
           Sharma
2:45:47 PM Suresh      sunteckwealth do u see return of bull phase back anytime soon...
           Thanvi      max.com
2:45:58 PM Shankar     fglobal.com dont see it this year
           Sharma
2:46:03 PM Suresh      sunteckwealth we never had a new high since past 6 years
           Thanvi      max.com
2:46:12 PM Shankar     fglobal.com but we can make money even in a bear market
           Sharma                    guys
2:46:16 PM Shankar     fglobal.com so don’t get depressed
           Sharma
2:46:31 PM Amar        hdfcsec.com that only u made boss
           Margaje
2:46:34 PM Shankar     fglobal.com t20, 50 overs, 5 day
           Sharma
2:46:38 PM Shankar     fglobal.com we can play all formats
           Sharma
2:46:53 PM Manoj Rawal thomsonreute IPL days here anyways
                       rs.com
2:46:57 PM Shankar     fglobal.com jaisa market, waisa game' yes
           Sharma
2:49:08 PM Anil Kumar mecklai.com 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?
2:49:23 PM Suresh          sunteckwealth and congress will be back in UPA-3
           Thanvi          max.com
2:49:42 PM Anil Kumar      mecklai.com hahaha
           Bhansali
2:49:47 PM Suresh          sunteckwealth right AKB
           Thanvi          max.com
2:49:49 PM Shankar         fglobal.com yes
           Sharma
2:49:56 PM Dhiraj Papnai   edelcap.com we might not be on the same page on nifty, but m
                                       with you on sachin
2:49:57 PM Amar            hdfcsec.com who u would like to see as next pm -
           Margaje                     PC/namo/rahul ?
2:50:12 PM Shankar         fglobal.com I hope so
           Sharma
2:50:55 PM Shankar         fglobal.com   guys we don’t have to agree on everything
           Sharma
2:51:03 PM Shankar         fglobal.com   PC
           Sharma
2:51:06 PM Suresh          sunteckwealth yeah we agree to disagree on Nifty
           Thanvi          max.com
2:51:10 PM Shankar         fglobal.com Rahul in 2019
           Sharma
2:51:17 PM Shankar         fglobal.com   let Namo first practise as head of bjp
           Sharma
2:51:27 PM Suresh          sunteckwealth or 2029 he is too young now
           Thanvi          max.com
2:51:37 PM Shankar         fglobal.com usko pehle party mein consenus lanney do
           Sharma
2:51:37 PM Anil Kumar      mecklai.com what about manmohan singh sir?
           Bhansali
2:51:49 PM Shankar         fglobal.com   yeah sure
           Sharma
2:52:10 PM Shankar         fglobal.com   manmohan is great for the country
           Sharma
2:52:14 PM Shankar         fglobal.com   but too old now
           Sharma
2:52:48 PM Amar            hdfcsec.com what about mulayam/sp/maya/jaya , they r in
           Margaje                      waiting since 1991
2:52:55 PM Bharat Shah     ventura1.com In politics no old word
2:53:11 PM Shankar         fglobal.com true
           Sharma
2:53:26 PM Shankar         fglobal.com   let’s see
           Sharma
2:53:32 PM Shankar         fglobal.com   2014 is far away
Sharma
2:53:37 PM   Shankar        fglobal.com   we have to survive April
             Sharma
2:53:44 PM   Ritesh         spasecurities. old is gold in politics
             Badjatya       com
2:54:02 PM   Shankar        fglobal.com yes..even Advani wants to be pm
             Sharma
2:54:02 PM   Jitendra       edelcap.com Coming back to markets, what are any new books
             Mehta                      you would recommend a trader to read
2:54:22 PM   Amar           hdfcsec.com hanuman chalisa
             Margaje
2:54:26 PM   Shankar        fglobal.com   haven’t read a book on markets for a long time
             Sharma
2:54:35 PM   Shankar        fglobal.com   hanuman chalisa a good bet
             Sharma
2:54:47 PM   Shankar        fglobal.com   hedge funds off the record
             Sharma
2:54:51 PM   Shankar        fglobal.com   by steven drobny
             Sharma
2:55:00 PM   Shankar        fglobal.com   but one book all of u MUST read is
             Sharma
2:55:07 PM   Bharat Shah    ventura1.com that is why your prediction are going right
2:55:11 PM   Shankar        fglobal.com Thinking Fast, Thinking Slow
             Sharma
2:55:20 PM   Savio Shetty   plindia.com   I'll suggest one Shankar - Read Thinking, Fast and
                                          Slow: Daniel Kahneman
2:55:20 PM Shankar          fglobal.com   read this book
           Sharma
2:55:27 PM Vignesh          subhkam.com yeah
           Eswar
2:55:32 PM Shankar          fglobal.com   amazing
           Sharma
2:55:37 PM Manoj Rawal    thomsonreute hanuman chalis? LOL
                          rs.com
2:55:39 PM   Savio Shetty plindia.com ha ha ..We've read it both I guess
2:55:41 PM   Shankar      fglobal.com after that, u ll stop watching cnbc
             Sharma
2:55:54 PM   Shankar      fglobal.com and will laugh when somebody gives you a GDP
             Sharma                    forecast
2:56:00 PM   Bharat Shah ventura1.com time may come
2:56:06 PM   Amar         hdfcsec.com lol
             Margaje
2:56:31 PM   Shankar      fglobal.com guys, time to go
             Sharma
2:56:40 PM Manoj Rawal thomsonreute Alright sir..
                        rs.com
2:56:41 PM Amar         hdfcsec.com thnx lot sir
           Margaje
2:56:44 PM Anil Kumar mecklai.com thks for the view sirji
           Bhansali
2:56:52 PM Shankar      fglobal.com any time guys
           Sharma
2:56:55 PM Suresh       sunteckwealth Thanks a lot sir..Nice chatting with u
           Thanvi       max.com
2:56:55 PM Shankar      fglobal.com have fun
           Sharma
2:56:56 PM Pinky        askchirag.co Thanks a lot... For your time & view sir
           Lapasia      m
2:56:59 PM Shankar      fglobal.com take it easy
           Sharma
2:56:59 PM Sajjid Lala  hdfcsec.com thnx shankar
2:57:02 PM Vignesh      subhkam.com Tx Shankar!
           Eswar
2:57:04 PM Sangameswar subhkam.com Hi Sir - it was agreat learning while working under
           Iyer                       you and great to catch up with you so many years
                                      later
2:57:05 PM Ankit        askchirag.co Thanks a lot sir..
           Chaudhary    m
2:57:07 PM Dhairya Shah aifl.net      grt to have ur vies sir
2:57:07 PM Bharat Shah ventura1.com thanks
2:57:12 PM Shankar      fglobal.com and don’t take this market shit too seriously'
           Sharma
2:57:16 PM Manoj Rawal thomsonreute Thanks a lot for all your views and sharing your
                        rs.com        time with us
2:57:19 PM Shankar      fglobal.com or you will go mad
           Sharma
2:57:22 PM Shankar      fglobal.com bye
           Sharma
Transcript shankar sharma april 02

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Transcript shankar sharma april 02

  • 1. -
  • 2. 1:59:41 PM Manoj Rawal thomsonreute Time to start our today's session with Shankar rs.com Sharma and Alok Kumar now... 1:59:57 PM Manoj Rawal thomsonreute Please welcome both of them... rs.com 2:00:13 PM Manoj Rawal thomsonreute Hello Mr Shankar Sharma, welcome to Trading rs.com India 2:00:14 PM Anil Kumar mecklai.com welcome sir Bhansali 2:00:18 PM Shankar fglobal.com thanks Sharma 2:00:34 PM Vignesh subhkam.com Hi Shankar! It’s been a while... Eswar 2:00:37 PM Dipika thomsonreute Welcome to Trading India...Shankar and Alok Lalwani rs.com 2:00:45 PM Shankar fglobal.com sure thanks Sharma 2:01:07 PM Manoj Rawal thomsonreute Starting with a first question: your outlook on the rs.com Indian markets please? 2:01:27 PM Shankar fglobal.com outlook is negative for India and overall, emerging Sharma markets 2:01:50 PM Vignesh subhkam.com on what time frame are you negative Eswar 2:02:00 PM Shankar fglobal.com this whole year Sharma 2:02:16 PM Manoj Rawal thomsonreute we read your report released few weeks back on rs.com BRIC countries and it seems you predict a crash there? what makes you feel that way? 2:02:16 PM Vignesh subhkam.com ok.... Eswar 2:02:36 PM Shankar fglobal.com brics are standing the edge of a major growth cliff Sharma 2:02:37 PM Anil Kumar mecklai.com 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.com 2:02:55 PM Shankar fglobal.com yes, we were very bullish all of 2012 Sharma 2:03:10 PM Shankar fglobal.com but we changed our view in Jan this year Sharma 2:03:38 PM Vignesh subhkam.com what were the triggers?
  • 3. Eswar 2:03:41 PM Hitesh Lad asia.bnpparib so to be clear on view Sir..are you not bullish as.com anymore? or you are bearish? 2:03:48 PM Shankar fglobal.com we are positive on IT, pharma, consumers like Sharma united spirits, Tata coffee, nestle, etc 2:03:51 PM Shaunpaul idbi.co.in What are the factors that led to this change - Kavalakatt political scenario/macroeconomics/global? 2:04:12 PM Shankar fglobal.com triggers will be a terrible global macro Sharma environment, and very disappointing data from India and Bric pack 2:04:16 PM Suresh sunteckwealth Good Afternoon Sir, Your name has been a Thanvi max.com 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 fglobal.com we are neither bullish or bearish. Sharma 2:04:53 PM Shankar fglobal.com we get paid to be right Sharma 2:05:00 PM Deepan icicilombard.c Do u have any target for Indian Rupee? Bafna om 2:05:08 PM Shankar fglobal.com so whichever side we play, we have to be right Sharma 2:05:20 PM Shankar fglobal.com last year we were very bullish from Jan itself Sharma 2:05:29 PM Shankar fglobal.com when everybody was very negative Sharma 2:05:36 PM Shankar fglobal.com this year we turned bearish Sharma 2:05:37 PM Vignesh subhkam.com are any of your relative strength models Eswar corroborating the bearish stance... 2:06:00 PM Shankar fglobal.com when the whole street and foreign brokers start Sharma singing in joy, we turn cautious 2:06:08 PM Sangameswar subhkam.com Hi Sir - any particular stocks in IT which u like Iyer 2:06:20 PM Shankar fglobal.com hcl tech Sharma 2:06:27 PM Shankar fglobal.com infy Sharma 2:06:27 PM Amar hdfcsec.com your view on Indian politics ?early elections Margaje possible ? 2:06:31 PM Shankar fglobal.com techm Sharma 2:06:41 PM Suresh sunteckwealth what basic parameters u look into before arriving Thanvi max.com at a positive view..?
  • 4. 2:06:49 PM Shankar fglobal.com no, I don’t think there will early elections, but who Sharma can tell in politics' 2:06:58 PM Santosh goodfortunec Good Afternoon Sir do u expect a early election Chandane apitals.com 2:07:07 PM Pinky askchirag.co INR view? Lapasia m 2:07:09 PM Shankar fglobal.com we have a very complex system, so kind of hard to Sharma say which parameters 2:07:17 PM Shankar fglobal.com INR looks bearish Sharma 2:07:29 PM Suresh sunteckwealth few basic ones if u can highlight it would be quite Thanvi max.com a lesson for us all 2:07:41 PM Pinky askchirag.co any targets for 13-14 Lapasia m 2:07:41 PM Deepan icicilombard.c any targets for INR this year? Bafna om 2:07:47 PM Anusmit hsbc.co.in 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 hate 2:07:48 PM Shankar fglobal.com look at breadth as a good indicator Sharma 2:07:58 PM Shankar fglobal.com banks we are negative on Sharma 2:08:09 PM Amar hdfcsec.com view on interest rates, rbi policy? Margaje 2:08:10 PM Shankar fglobal.com we see banks being the single biggest area of loss Sharma in this year, in india 2:08:17 PM Dhiraj Papnai edelcap.com Hi Shankar, your take on the whole global rally and the broader underperformance of the emerging markets 2:08:26 PM Shankar fglobal.com the rbi has messed up with the rate policy Sharma 2:08:37 PM Shankar fglobal.com it is now too late to cut now and revive growth Sharma 2:08:53 PM Shankar fglobal.com the emerging mkt story is over for now Sharma 2:08:53 PM Amar hdfcsec.com do u see rate cut in coming policy / Margaje 2:09:05 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 hsbc.co.in whats your take on SBI especially in the light of Mazumdar an impending chairman change and wage negotiation
  • 5. 2:09:12 PM Shankar fglobal.com yes there will be a rate cut ahead but he has left it Sharma too late 2:09:19 PM Santosh goodfortunec Sir what is your view on nifty keeping in mind big Chandane apitals.com FIIS buying 2:09:21 PM Anusmit hsbc.co.in and low credit growth Mazumdar 2:09:21 PM Amar hdfcsec.com hmm Margaje 2:09:21 PM Shankar fglobal.com yes bonds are good investment Sharma 2:09:41 PM Shailendra universalsom ur views on stocks like Core, HDIL, Aanjaneya Mehta po.com 2:09:44 PM Suresh sunteckwealth whats more killing the growth prospects today Thanvi max.com delay in easing or bad governance..? 2:09:46 PM Shankar fglobal.com what FIIs buy or sell has little meaning Sharma 2:09:58 PM Santosh goodfortunec hum Chandane apitals.com 2:10:16 PM Shankar fglobal.com I pay no attention to fii flows, etc etc Sharma 2:10:17 PM Pinky askchirag.co which is the best assets to allocate funds ... Lapasia m 2:10:28 PM Shankar fglobal.com bonds and fixed income Sharma 2:10:52 PM Manoj Rawal thomsonreute what do you make of the recent mid-cap crash? rs.com fallen off the cliff down in the valley... 2:10:56 PM Pinky askchirag.co Any stocks Like TataM which u picked last time Lapasia m ... Could be a bet for long term ... 2:11:10 PM Shankar fglobal.com we are now short on tata motors Sharma 2:11:25 PM Shankar fglobal.com now, tata coffee looks a great buy Sharma 2:11:39 PM Shankar fglobal.com tata motors has peaked out in terms of jlr potential Sharma 2:12:08 PM Kartik Mehta antiquelimite what views on Infra pls d.com 2:12:09 PM Shankar fglobal.com tata coffee is underwoned, a grt consumer play, at Sharma 17x earnings, free cash positive, tata compny 2:12:10 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 only 2:12:20 PM Shankar fglobal.com infra we have been negatv for five years Sharma 2:12:21 PM Vignesh subhkam.com Re - i pay no attention to fii flows, etc etc - I have
  • 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 lag 2:12:23 PM Jinesh Sheth sharekhan.co Hi sir , what is your view on Reality & Gold ? m 2:12:47 PM Shankar fglobal.com gold we are negative on Sharma 2:12:51 PM Sangameswar subhkam.com Sir - what is your view on maruti & the auto space Iyer in general 2:12:56 PM Amar hdfcsec.com saw your article on broking ind - crystal ball, Margaje what’s view ? 2:13:02 PM Jinesh Sheth sharekhan.co Reality? m 2:13:28 PM Shankar fglobal.com 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 negative 2:13:36 PM Pinky askchirag.co Crude oil WTI what’s your view , Last report Lapasia m From FG had crude targets of 8 $ ... after that not seen any update 2:13:39 PM Dhiraj Papnai edelcap.com Shankar, looking at the CAD and other macro headwinds, what would be your one year target for Nifty 2:13:55 PM Shankar fglobal.com the inr can be 56+ Sharma 2:14:04 PM Shankar fglobal.com yes the view on the broking industry is what it is Sharma 2:14:11 PM Sangameswar subhkam.com true that’s why I wanted to know - any particular Iyer event / trigger point which could make u change the stance 2:14:19 PM Shankar fglobal.com oil looks bearish Sharma 2:14:24 PM Shankar fglobal.com we see 80 on it Sharma 2:14:25 PM Santosh goodfortunec what your view on pharma sector considering yest Chandane apitals.com SC decision on Novartis 2:14:32 PM Shankar fglobal.com and all metals look terrible too Sharma 2:14:41 PM Shankar fglobal.com domestic pharma is great Sharma 2:14:58 PM Pinky askchirag.co bearish oil / metals / gold .. isn’t it good For india Lapasia m growth story ? 2:15:11 PM Shankar fglobal.com in theory, that is good Sharma
  • 7. 2:15:23 PM Shankar fglobal.com in reality, that’s a diff story altogether Sharma 2:15:25 PM Dhiraj Papnai edelcap.com Shankar, looking at the CAD and other macro headwinds, what would be your one year target for Nifty 2:15:37 PM Pinky askchirag.co Do u follow technical analysis ... ever? Lapasia m 2:15:37 PM Shankar fglobal.com below 5000, for sure Sharma 2:15:48 PM Shankar fglobal.com i follow everything Sharma 2:16:02 PM Shankar fglobal.com idea is to get mkts right, so whatever it takes Sharma 2:16:08 PM Priyanka edelcap.com Do you see similarity between south east Asian Shah currency crisis of 1997 & current Indian macro situation? 2:16:23 PM Pinky askchirag.co bearish Stance is based on technical’s or Lapasia m fundamentals 2:16:35 PM Shankar fglobal.com not really...but I see a big slowdown even in the Sharma coming year 2:16:49 PM Shankar fglobal.com and bric pack looks toast Sharma 2:16:56 PM Dhiraj Papnai edelcap.com lol 2:17:00 PM Amar hdfcsec.com lol Margaje 2:17:04 PM Pinky askchirag.co lol Lapasia m 2:17:08 PM Sajjid Lala hdfcsec.com lol 2:17:11 PM Shankar fglobal.com bearish stance is always based on entire reading of Sharma global macro and fundamentals 2:17:26 PM Shankar fglobal.com as well as broad technical’s Sharma 2:17:39 PM Ankit askchirag.co In how many years do u see NIFTY hitting new Chaudhary m life time highs? 2:17:55 PM Shankar fglobal.com not for a long time Sharma 2:17:58 PM Pinky askchirag.co EURO/USD Lapasia m 2:18:03 PM Suresh sunteckwealth will u give a thumsup for return of UPA-3 after Thanvi max.com elections? 2:18:10 PM Shankar fglobal.com euro looks very weak Sharma 2:18:14 PM Ritesh spasecurities. so other than Govt bonds, is bonds listed on Badjatya com exchanges like IRFC , NHAI , PFC, SRTRANS
  • 8. etc. is good or stick to govt. bonds only 2:18:21 PM Ravi Sharma plindia.com What would be your call on FMCGs for this year ? 2:18:26 PM Shankar fglobal.com no, u can buy other bonds as well Sharma 2:18:38 PM Shankar fglobal.com I am a UPA voter so always want it to be in power Sharma 2:18:51 PM Amar hdfcsec.com Other than Tata coffee & IT any other stocks to Margaje hide? 2:18:53 PM Shankar fglobal.com fmcgs look good this year, as bear market plays Sharma 2:19:10 PM Manoj Rawal thomsonreute despite what happened in UPA-1 & UPA-II rs.com tenure? No reforms that is? 2:19:25 PM Shankar fglobal.com I disagree Sharma 2:19:33 PM Shankar fglobal.com there have been major reforms in both periods Sharma 2:19:38 PM Priyanka edelcap.com What’s your view on US markets? Shah 2:19:46 PM Shankar fglobal.com negative on US markets Sharma 2:19:50 PM Anil Kumar mecklai.com but what about the scams that have happened? Bhansali 2:19:55 PM Suresh sunteckwealth and even lost opportunity in many cases Sir.. Thanvi max.com 2:19:55 PM Shankar fglobal.com but US will outperform this year Sharma 2:20:02 PM Shankar fglobal.com there are no scams Sharma 2:20:09 PM Shankar fglobal.com thats a CAG created myth Sharma 2:20:12 PM Dhairya Shah aifl.net which sector will lead the down fall? 2:20:18 PM Dhiraj Papnai edelcap.com Any major market that you are bullish on? 2:20:25 PM Shankar fglobal.com in 2g, there is no evidence till date that raja took Sharma any money 2:20:36 PM Amar hdfcsec.com Agree Margaje 2:20:38 PM Shankar fglobal.com the smaller marktes like Philippines etc look good Sharma 2:21:03 PM Shankar fglobal.com banks will lead the fall Sharma 2:21:14 PM Dhairya Shah aifl.net k. thx 2:21:25 PM Shankar fglobal.com banks look shaky...poor deposit growth, in credit Sharma credit/deposit ratio 2:21:28 PM Suresh sunteckwealth Sir for Indian investors..? Where should they be
  • 9. Thanvi max.com heading Bank FD’s.. 2:21:34 PM Shankar fglobal.com yes bank FDs Sharma 2:21:42 PM Ritesh spasecurities. thanx sir. Badjatya com 2:21:49 PM Shankar fglobal.com return of capital is more important than return on Sharma capital 2:22:02 PM Kartik Mehta antiquelimite how would the markets react to Narendre modi d.com becoming a prime minister candidate? 2:22:21 PM Shankar fglobal.com the gujus will dance on the streets Sharma 2:22:22 PM Suresh sunteckwealth agreed..so we might have better deposit ratios Thanvi max.com which is good 2:22:29 PM Shankar fglobal.com am not sure about the rest of india Sharma 2:22:31 PM Kartik Mehta antiquelimite lol d.com 2:22:35 PM Sajjid Lala hdfcsec.com So sir in your view do u think that 2013 & 2014 Indian equity markets will go nowhere 2:22:38 PM Anil Kumar mecklai.com 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 UPA 2:22:42 PM Amar hdfcsec.com lol Margaje 2:22:57 PM Shankar fglobal.com markets have been bad globally Sharma 2:23:09 PM Shankar fglobal.com I ll give you three villains Sharma 2:23:17 PM Shankar fglobal.com CAG, RBI and Supreme court Sharma 2:23:21 PM Sajjid Lala hdfcsec.com Lol 2:23:25 PM Shankar fglobal.com they are the reason why we r in this mess Sharma 2:23:27 PM Priyanka edelcap.com Within banking what’s your call on pvt banks? Shah 2:23:36 PM Dhiraj Papnai edelcap.com Shankar, how long do you think would India be in a bear phase...when would things likely to improve for us 2:23:37 PM Suresh sunteckwealth mkts have been bad globally....????? sir markets Thanvi max.com globally are at multi year highs.. 2:23:43 PM Utkarsh rcap.co.in @ Shankar what is u outlook on MNC Pharma Maheshwari names post yesterday's verdict 2:23:53 PM Shankar fglobal.com no...thats only the US Sharma
  • 10. 2:24:11 PM Shankar fglobal.com and western markets have been given a supportive Sharma monetary policy 2:24:15 PM Pinky askchirag.co what’s your u r view on MEDIA sector & Lapasia m education Stocks Like Mt edu / tree house ... 2:24:24 PM Shankar fglobal.com in india, the rbi has screwed everybody by killing Sharma growth 2:24:34 PM Shankar fglobal.com I don’t follow media or education stocks Sharma 2:24:39 PM Sailesh Jain quantcapital.c what’s your view on OIL PSU's & Reliance ? o.in 2:24:40 PM Santosh goodfortunec your view on reliance sir Chandane apitals.com 2:24:54 PM Shankar fglobal.com been negative on reliance for 5 years now Sharma 2:25:04 PM Shankar fglobal.com don’t know about oil osus Sharma 2:25:04 PM Shailendra universalsom Sir your views on Aviation sector? Mehta po.com 2:25:05 PM Pinky askchirag.co IVRCL? Lapasia m 2:25:10 PM Sailesh Jain quantcapital.c and OIL PSU's sir o.in 2:25:14 PM Rohan Gala subhkam.com 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 fglobal.com aviation is a crap business Sharma 2:25:21 PM Shankar fglobal.com so is infra Sharma 2:25:28 PM Pinky askchirag.co MCX? Lapasia m 2:25:34 PM Shankar fglobal.com Am ambivalent on oil and gas Sharma 2:25:41 PM Manoj Rawal thomsonreute re: RBI, would say that Reddy was far better Guv rs.com as compared to Subbarao in taming inflation? 2:25:42 PM Santosh goodfortunec h-lever and itc view sir Chandane apitals.com 2:25:42 PM Tejas Shah edelcap.com Do you see Dr Copper catching a flu? ... seems to be on verge of making multi-month top 2:25:47 PM Shankar fglobal.com don’t follow MCX, but am not bullish on stock Sharma exchanges 2:25:53 PM Sailesh Jain quantcapital.c thanks Sir for your view o.in 2:25:55 PM Shankar fglobal.com yes agree on copper Sharma
  • 11. 2:25:55 PM Sangameswar subhkam.com Any particular names in Pharma where u feel Iyer comfort entering at current levels 2:26:05 PM Jignesh Shah sunidhi.com unsp for 3 to 6 months view 2:26:06 PM Shankar fglobal.com sun, lupin Sharma 2:26:09 PM Priyanka edelcap.com Within banking what’s your call on pvt banks? Shah 2:26:13 PM Shankar fglobal.com unsp is fine Sharma 2:26:30 PM Amar hdfcsec.com tata global Margaje 2:26:32 PM Shankar fglobal.com we are negative on pvt and psu banks...valuations Sharma of pvt banks r way too high 2:26:41 PM Rohan Gala subhkam.com any particular stock one can see in the oil n gas sector 2:26:43 PM Shankar fglobal.com no, tata coffe, i like Sharma 2:26:48 PM Shankar fglobal.com not tata global Sharma 2:26:54 PM Amar hdfcsec.com k Margaje 2:27:03 PM Shankar fglobal.com no, I don’t like the oil n gas sector Sharma 2:27:11 PM Santosh goodfortunec your view on itc and H-lever sir Chandane apitals.com 2:27:23 PM Shankar fglobal.com both look like ok bets for this year Sharma 2:27:29 PM Sangameswar subhkam.com Sir but does the valuation provide the comfort in Iyer these names (Sun especially) 2:27:30 PM Jitendra edelcap.com So where do you sell Nifty again? Sell here? Mehta 2:27:30 PM Shankar fglobal.com at least we won’t lose 40% in those Sharma 2:27:36 PM Sajjid Lala hdfcsec.com your view on Nestle sir 2:27:42 PM Shankar fglobal.com in good stocks, valuation is always high Sharma 2:27:46 PM Shankar fglobal.com in reliance it is always low Sharma 2:27:51 PM Shankar fglobal.com so you decide Sharma 2:28:25 PM Ritesh spasecurities. true certainty always command premium Badjatya com 2:28:31 PM Sajjid Lala hdfcsec.com your view on Nestle sir 2:28:35 PM Santosh goodfortunec what u think on OFS policy of GOVT will govt
  • 12. Chandane apitals.com able to garner the good amount 2:28:35 PM Shankar fglobal.com good Sharma 2:28:45 PM Gaurav Lohia hdfcbank.com 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 fglobal.com let’s see about divestment Sharma 2:28:59 PM Shankar fglobal.com now all divestments go to LIC Sharma 2:29:20 PM Shankar fglobal.com the FII’s are largely ETF driven Sharma 2:29:30 PM Shankar fglobal.com so they can reverse very quickly Sharma 2:29:53 PM Shankar fglobal.com let’s not start believing that FII’s are here for Sharma us...they r momentum driven ETFs 2:29:54 PM Ankit askchirag.co Technically, what level on Nifty if crossed will Chaudhary m change your bearish stance completely?? 2:30:03 PM Gaurav Lohia hdfcbank.com yeah... but over 5 years they have only been rising... so reversal... would take some doing. 2:30:08 PM Shankar fglobal.com 5% above all time high Sharma 2:30:18 PM Jitendra edelcap.com Where do you sell Nifty now? Mehta 2:30:18 PM Gaurav Lohia hdfcbank.com of you think that 5 yrs only ETF has come in 2:30:22 PM Shankar fglobal.com you see...the beauty about India is this Sharma 2:30:28 PM Shankar fglobal.com that Fii’s can never exit Sharma 2:30:34 PM Shankar fglobal.com they can only enter Sharma 2:30:37 PM Shankar fglobal.com but never exit Sharma 2:30:44 PM Shankar fglobal.com it’s like the mafia Sharma 2:30:49 PM Shankar fglobal.com u can join Sharma 2:30:51 PM Vignesh subhkam.com like hotel California Eswar 2:30:52 PM Shankar fglobal.com but never leave Sharma
  • 13. 2:30:56 PM Manoj Rawal thomsonreute haha rs.com 2:30:58 PM Shankar fglobal.com yeah Sharma 2:31:03 PM Amar hdfcsec.com hahaha Margaje 2:31:03 PM Sajjid Lala hdfcsec.com lol 2:31:07 PM Shankar fglobal.com paresh rawal said this to sanjay dutt in Naam Sharma 2:31:19 PM Gaurav Lohia hdfcbank.com so... would we again see retail coming back post new highs are made... as it happens always 2:31:21 PM Shankar fglobal.com yahan par 1 billion bechega to lower circuit Sharma 2:31:32 PM Shankar fglobal.com this market is a fraud market' Sharma 2:31:35 PM Shankar fglobal.com there is zero depth Sharma 2:31:52 PM Shankar fglobal.com Emkay sold 600 crs by mistake we had lower Sharma circuit' 2:31:57 PM Suresh sunteckwealth Sir, would u advise govt to take some actions to Thanvi max.com revive this fraud markets..? 2:32:15 PM Shankar fglobal.com so india very smartly made a market where Fii’s Sharma can only buy 2:32:18 PM Shankar fglobal.com but never sell Sharma 2:32:27 PM Suresh sunteckwealth as its bread and butter for all of us.. Thanvi max.com 2:32:36 PM Shankar fglobal.com only that stupid institution called RBI can do Sharma something 2:32:42 PM Priyanka edelcap.com What’s your call in Japanese Yen and Nikkei? Shah 2:32:45 PM Shankar fglobal.com let’s find some other bread and butter Sharma 2:32:49 PM Shankar fglobal.com or just bread Sharma 2:32:55 PM Shankar fglobal.com forget about the butter Sharma 2:33:05 PM Gaurav Lohia hdfcbank.com 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 max.com u say it’s like mafia u have to enter back can’t stay away from this..
  • 14. 2:33:35 PM Shankar fglobal.com who has turned bearish now, who was bullish at Sharma 21k in 2008? 2:33:38 PM Suresh sunteckwealth your personal experience Thanvi max.com 2:33:55 PM Shankar fglobal.com I never left markets Sharma 2:34:02 PM Shankar fglobal.com I only said I have stopped investing Sharma 2:34:07 PM Shankar fglobal.com In the stock markets Sharma 2:34:12 PM Shankar fglobal.com and do more bonds now Sharma 2:34:33 PM Suresh sunteckwealth read an interview about u leaving markets and Thanvi max.com focusing on Education sector in popular financial Daily 2:34:57 PM Priyanka edelcap.com What’s your call in Japanese Yen and Nikkei? Shah 2:35:01 PM Shankar fglobal.com yes, but the reporter made it seem as if I have quit Sharma markets. I only said I don’t have the time for investing 2:35:12 PM Shankar fglobal.com japan 's run is more or less done Sharma 2:35:41 PM Gaurav Lohia hdfcbank.com no1 in particular... but most of the sell side has turned super bearish... same guys were bllisgh then. 2:36:01 PM Shankar fglobal.com I think sell side conciseness is fairly bullish even Sharma now 2:36:05 PM Vignesh subhkam.com maybe they just got wiser since then.... Eswar 2:36:08 PM Shankar fglobal.com it was v bearish in Dec 2011 Sharma 2:36:23 PM Shankar fglobal.com now consensus is reasonably bullish Sharma 2:36:33 PM Ankit askchirag.co 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 comes 2:37:01 PM Shankar fglobal.com no we wont Sharma 2:37:05 PM Shankar fglobal.com We’ll play it Sharma 2:37:06 PM Suresh sunteckwealth And adding to Ankit’s Question what upside will u Thanvi max.com look at post 6670 2:37:10 PM Shankar fglobal.com but we don’t have to believe it Sharma 2:37:25 PM Amar hdfcsec.com long term view on Indian equities?
  • 15. Margaje 2:37:28 PM Shankar fglobal.com playing something and believing in it are too diff Sharma things 2:37:32 PM Amar hdfcsec.com 3.-5 yrs Margaje 2:37:39 PM Shankar fglobal.com I never take long term view in equities Sharma 2:37:49 PM Shankar fglobal.com equities are a short term game Sharma 2:37:57 PM Shankar fglobal.com I don’t keep a demat account Sharma 2:38:06 PM Sajjid Lala hdfcsec.com LOL 2:38:10 PM Ankit askchirag.co lol Chaudhary m 2:38:13 PM Amar hdfcsec.com lol Margaje 2:38:19 PM Manoj Rawal thomsonreute whoa! and we though money in equities can only rs.com be made in long term!? 2:38:22 PM Atul Vitha eisec.com lol 2:38:26 PM Shankar fglobal.com keep everything ready to go Sharma 2:38:33 PM Shankar fglobal.com which is why i always escape bear markets Sharma 2:38:45 PM Bharat Shah ventura1.com and view for FY 13 2:38:51 PM Dhiraj Papnai edelcap.com and miss the bull run too perhaps? 2:39:10 PM Vignesh subhkam.com 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 fglobal.com 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 fees 2:39:19 PM Suresh sunteckwealth what would u advise your BIG BULL market Thanvi max.com friend..? 2:39:20 PM Shankar fglobal.com all markets are tradeable Sharma 2:39:30 PM Shankar fglobal.com who Rakesh? Sharma 2:39:57 PM Shankar fglobal.com Haven’t met him for while lately Sharma 2:40:06 PM Suresh sunteckwealth all BULL's fathers and god fathers. Thanvi max.com 2:40:10 PM Shankar fglobal.com but midcaps have been crushed Sharma 2:40:52 PM Suresh sunteckwealth 400-IPO now we don’t know...that’s a Scam
  • 16. Thanvi max.com 2:40:55 PM Pinky askchirag.co any midcap u would like to pick up ... Lapasia m 2:41:07 PM Shankar fglobal.com which IPO? Sharma 2:41:12 PM Pinky askchirag.co I mean midcap which are small cap now Lapasia m 2:41:12 PM Manoj Rawal thomsonreute now that you've raised midcaps - what do you rs.com make of the recent mid-cap crash? Fallen off the cliff down in the valley... 2:41:19 PM Suresh sunteckwealth A2Z..? Thanvi max.com 2:41:20 PM Vignesh subhkam.com 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 edelcap.com Do you see any silver linings in Mid-cap and Small-caps? 2:41:28 PM Shankar fglobal.com oh a2z Sharma 2:41:41 PM Shankar fglobal.com Tata coffee is the only midcap we like Sharma 2:41:55 PM Savio Shetty plindia.com @ ST - @ Least it was true to its name. Went from A to Z 2:41:59 PM Shankar fglobal.com sound business, good governace, consumer play Sharma 2:42:02 PM Shankar fglobal.com lollllll Sharma 2:42:07 PM Shankar fglobal.com thats a good one on a2z Sharma 2:42:11 PM Manoj Rawal thomsonreute LOL Savio rs.com 2:42:21 PM Suresh sunteckwealth A groupt to Z group Thanvi max.com 2:42:28 PM Shankar fglobal.com nice one Sharma 2:42:32 PM Shankar fglobal.com hota hai boss Sharma 2:42:38 PM Shankar fglobal.com markets are great levellers Sharma 2:42:46 PM Dhiraj Papnai edelcap.com true 2:43:08 PM Suresh sunteckwealth agree.. Thanvi max.com 2:43:09 PM Vignesh subhkam.com and blue jeans...
  • 17. Eswar 2:43:10 PM Shankar fglobal.com idea is not to start believing in the market bullshit Sharma 2:43:36 PM Shankar fglobal.com keep some distance from the hype Sharma 2:44:31 PM Manoj Rawal thomsonreute and that’s what is I guess impossible.. can we stay rs.com away from the screen glamour? 2:44:36 PM Suresh sunteckwealth whats are your key takeaways from Indian market Thanvi max.com in your past 15-16 years 2:44:49 PM Shankar fglobal.com be sceptical Sharma 2:44:57 PM Shankar fglobal.com about equities in general Sharma 2:45:07 PM Shankar fglobal.com don’t become an evangelist Sharma 2:45:11 PM Shankar fglobal.com it’s a movie Sharma 2:45:14 PM Suresh sunteckwealth yeah about equities only i meant.. Thanvi max.com 2:45:20 PM Shankar fglobal.com so leave after 3 hrs Sharma 2:45:47 PM Suresh sunteckwealth do u see return of bull phase back anytime soon... Thanvi max.com 2:45:58 PM Shankar fglobal.com dont see it this year Sharma 2:46:03 PM Suresh sunteckwealth we never had a new high since past 6 years Thanvi max.com 2:46:12 PM Shankar fglobal.com but we can make money even in a bear market Sharma guys 2:46:16 PM Shankar fglobal.com so don’t get depressed Sharma 2:46:31 PM Amar hdfcsec.com that only u made boss Margaje 2:46:34 PM Shankar fglobal.com t20, 50 overs, 5 day Sharma 2:46:38 PM Shankar fglobal.com we can play all formats Sharma 2:46:53 PM Manoj Rawal thomsonreute IPL days here anyways rs.com 2:46:57 PM Shankar fglobal.com jaisa market, waisa game' yes Sharma 2:49:08 PM Anil Kumar mecklai.com 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. 2:49:23 PM Suresh sunteckwealth and congress will be back in UPA-3 Thanvi max.com 2:49:42 PM Anil Kumar mecklai.com hahaha Bhansali 2:49:47 PM Suresh sunteckwealth right AKB Thanvi max.com 2:49:49 PM Shankar fglobal.com yes Sharma 2:49:56 PM Dhiraj Papnai edelcap.com we might not be on the same page on nifty, but m with you on sachin 2:49:57 PM Amar hdfcsec.com who u would like to see as next pm - Margaje PC/namo/rahul ? 2:50:12 PM Shankar fglobal.com I hope so Sharma 2:50:55 PM Shankar fglobal.com guys we don’t have to agree on everything Sharma 2:51:03 PM Shankar fglobal.com PC Sharma 2:51:06 PM Suresh sunteckwealth yeah we agree to disagree on Nifty Thanvi max.com 2:51:10 PM Shankar fglobal.com Rahul in 2019 Sharma 2:51:17 PM Shankar fglobal.com let Namo first practise as head of bjp Sharma 2:51:27 PM Suresh sunteckwealth or 2029 he is too young now Thanvi max.com 2:51:37 PM Shankar fglobal.com usko pehle party mein consenus lanney do Sharma 2:51:37 PM Anil Kumar mecklai.com what about manmohan singh sir? Bhansali 2:51:49 PM Shankar fglobal.com yeah sure Sharma 2:52:10 PM Shankar fglobal.com manmohan is great for the country Sharma 2:52:14 PM Shankar fglobal.com but too old now Sharma 2:52:48 PM Amar hdfcsec.com what about mulayam/sp/maya/jaya , they r in Margaje waiting since 1991 2:52:55 PM Bharat Shah ventura1.com In politics no old word 2:53:11 PM Shankar fglobal.com true Sharma 2:53:26 PM Shankar fglobal.com let’s see Sharma 2:53:32 PM Shankar fglobal.com 2014 is far away
  • 19. Sharma 2:53:37 PM Shankar fglobal.com we have to survive April Sharma 2:53:44 PM Ritesh spasecurities. old is gold in politics Badjatya com 2:54:02 PM Shankar fglobal.com yes..even Advani wants to be pm Sharma 2:54:02 PM Jitendra edelcap.com Coming back to markets, what are any new books Mehta you would recommend a trader to read 2:54:22 PM Amar hdfcsec.com hanuman chalisa Margaje 2:54:26 PM Shankar fglobal.com haven’t read a book on markets for a long time Sharma 2:54:35 PM Shankar fglobal.com hanuman chalisa a good bet Sharma 2:54:47 PM Shankar fglobal.com hedge funds off the record Sharma 2:54:51 PM Shankar fglobal.com by steven drobny Sharma 2:55:00 PM Shankar fglobal.com but one book all of u MUST read is Sharma 2:55:07 PM Bharat Shah ventura1.com that is why your prediction are going right 2:55:11 PM Shankar fglobal.com Thinking Fast, Thinking Slow Sharma 2:55:20 PM Savio Shetty plindia.com I'll suggest one Shankar - Read Thinking, Fast and Slow: Daniel Kahneman 2:55:20 PM Shankar fglobal.com read this book Sharma 2:55:27 PM Vignesh subhkam.com yeah Eswar 2:55:32 PM Shankar fglobal.com amazing Sharma 2:55:37 PM Manoj Rawal thomsonreute hanuman chalis? LOL rs.com 2:55:39 PM Savio Shetty plindia.com ha ha ..We've read it both I guess 2:55:41 PM Shankar fglobal.com after that, u ll stop watching cnbc Sharma 2:55:54 PM Shankar fglobal.com and will laugh when somebody gives you a GDP Sharma forecast 2:56:00 PM Bharat Shah ventura1.com time may come 2:56:06 PM Amar hdfcsec.com lol Margaje 2:56:31 PM Shankar fglobal.com guys, time to go Sharma
  • 20. 2:56:40 PM Manoj Rawal thomsonreute Alright sir.. rs.com 2:56:41 PM Amar hdfcsec.com thnx lot sir Margaje 2:56:44 PM Anil Kumar mecklai.com thks for the view sirji Bhansali 2:56:52 PM Shankar fglobal.com any time guys Sharma 2:56:55 PM Suresh sunteckwealth Thanks a lot sir..Nice chatting with u Thanvi max.com 2:56:55 PM Shankar fglobal.com have fun Sharma 2:56:56 PM Pinky askchirag.co Thanks a lot... For your time & view sir Lapasia m 2:56:59 PM Shankar fglobal.com take it easy Sharma 2:56:59 PM Sajjid Lala hdfcsec.com thnx shankar 2:57:02 PM Vignesh subhkam.com Tx Shankar! Eswar 2:57:04 PM Sangameswar subhkam.com Hi Sir - it was agreat learning while working under Iyer you and great to catch up with you so many years later 2:57:05 PM Ankit askchirag.co Thanks a lot sir.. Chaudhary m 2:57:07 PM Dhairya Shah aifl.net grt to have ur vies sir 2:57:07 PM Bharat Shah ventura1.com thanks 2:57:12 PM Shankar fglobal.com and don’t take this market shit too seriously' Sharma 2:57:16 PM Manoj Rawal thomsonreute Thanks a lot for all your views and sharing your rs.com time with us 2:57:19 PM Shankar fglobal.com or you will go mad Sharma 2:57:22 PM Shankar fglobal.com bye Sharma