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Sumit

@Sethinomics

5,049
Followers
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Following
701
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Stock investor for 10+ years. All Views Biased. Not Investment Advice. Believer in Constitution, Democracy and Rule of Law.

Joined April 2014
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@Sethinomics
Sumit
3 months
THEY ARE PASSING LAWS IN AMERICA TO DENY DRINKING WATER TO WORKERS IN AMERICA!!!😱😱😱
@MorePerfectUS
More Perfect Union
3 months
Ron DeSantis has now signed a bill into law that gets rid of local living wage laws in Florida cities. The law also stops local governments from passing heat-protections for workers like water breaks and mandatory shade. It also gets rid of predictable-scheduling laws.
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@Sethinomics
Sumit
25 days
Most stock investors have hated the Congress party and Rahul Gandhi for last 10 years. But when the sanghi ecosystem scammed market investors, he is the one who is speaking for us. #ExitPollScam
@RahulGandhi
Rahul Gandhi
25 days
प्रधानमंत्री, गृहमंत्री, उनके लिए काम कर रहे एक्जिट पोल्स्टर्स और मित्र मीडिया ने मिलकर हिंदुस्तान के सबसे बड़े ‘स्टॉक मार���केट स्कैम’ की साजिश रची है। 5 करोड़ छोटे निवेशक परिवारों के 30 लाख करोड़ रु डूबे हैं। हम मांग करते हैं कि JPC गठित कर इस ‘क्रिमिनल एक्ट’ की जांच की जाए।
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@Sethinomics
Sumit
7 months
Rich old people work because they want more wealth, power and fame. Poor old people work because they have no choice and need to put food on the table. Both things are not the same.
@MorePerfectUS
More Perfect Union
7 months
Just say no….. to retirement??
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@Sethinomics
Sumit
3 months
Ferrari should have never signed Sainz in the first place. He has only brought suffering to the team with his politics and toxicity. He might come up with an occasional good performance but will never be on the level of top Ferrari drivers.
@Planet_F1
PlanetF1
3 months
It's time to pose the awkward question... Have Ferrari made a mistake in dropping Carlos Sainz for Lewis Hamilton in 2025? #F1 #Ferrari #LewisHamilton
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@Sethinomics
Sumit
7 years
Epic video from @PrisonPlanet exposing hypocrite libtard celebrities who shed crocodile tears for refugees-
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@Sethinomics
Sumit
5 years
. @INCIndia with 7 MLAs and 1 MP in UP is playing the role of top opposition party in the state at a time when all other leaders have gone quiet.
@Zebaism
Zeba Warsi
5 years
THIS- When her convoy was stopped by the cops, Priyanka Gandhi Vadra walked & then took a scooter ride to go meet those affected by police crackdown in Lucknow @yadavakhilesh & @Mayawati have a lot of catching up to do as far as opposition in UP is concerned #CAA_NRCProtests
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@Sethinomics
Sumit
6 years
Remembering how @Swamy39 has warned repeatedly that finance ministry is full of people who would love to bring down the Modi govt.
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@Sethinomics
Sumit
2 years
@Formula24hrs It wasn't because of the car. It was because of Alonso.
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@Sethinomics
Sumit
1 year
It was all intentional. Sainz would rather take out Leclerc than have Leclerc finish in front of him. This is how petty he has been for last three years.
Because I don't see anyone talking about this: Why the hell are you fighting your teammate -- in the wet, while still on slicks, in Monaco -- to get back a position you lost after... uh... spinning because you were driving in the wet, on slicks, in Monaco? 😭 [📹 @Muz_Elf197 ]
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@Sethinomics
Sumit
6 years
Cong winning elections is great news for markets over the long term. hope they win 2019 too with massive mandate. #Sensex didn't go from 100 to 20000++ by selling chai pakodas!! #AssemblyElections2018 #Results2018
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@Sethinomics
Sumit
6 years
Dear @narendramodi ji, Stocks of so many govt owned companies across different sectors like Coal India, NTPC, SBI, REC, PTC, ONGC, BHEL, PNB are back to levels seen in 2014 or earlier. People who invested on your tall promises have lost heavily. And then Loot-ley justifies LTCG!
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@Sethinomics
Sumit
6 years
Only way to stop rupee fall now- Finance Minister should resign immediately. Abolish LTCG tax. Mr "Capital gains (and gold biscuits?) come from no effort" should be sacked. Sack top level SEBI officials who have been unleashing mayhem over the markets for last few months.
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@Sethinomics
Sumit
4 years
@SalmanSoz It took 70 yrs for #LPGCylinder to hit 400 rupees. Now it has crossed 800 in 6 yrs of this govt.😂😂
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@Sethinomics
Sumit
7 years
This is very shameful!! Why has @TajinderBagga been arrested? Has it it become a crime to peacefully celebrate Hindu festival in Bengal??
@TajinderBagga
Tajinder Bagga
7 years
एयरपोर्ट पर मेरी गिरफ्तारी करके डिपोर्ट करना @MamataOfficial की हताशा को दिखाता है,ममता का हिन्दू विरोधी चेहरा एक बार फिर सामने आया ।
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@Sethinomics
Sumit
6 years
Edelweiss now below its IPO price of 165 (adj)which happened back in 2007!! This after the company has delivered 30-40% consistent growth for last several years. Seems like an epic buying opportunity for patient investors who don't fear drawdowns. We hold.
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@Sethinomics
Sumit
8 years
Anarchist lawyer trying to take credit for the work of @Swamy39 and his team.
@pbhushan1
Prashant Bhushan
8 years
Kejriwal must explain why 2Cr from shady VAT defaulters was sought to be concealed from donation list?Quid pro quo?
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@Sethinomics
Sumit
3 months
Sainz propaganda is getting out of hand after two good performances this year thanks to a vastly improved car. They all have forgotten how he botched the final two races of last season and cost Ferrari second place in constructor's title.
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@Sethinomics
Sumit
2 years
@autosport Wasn't it Max's family members that were bringing in Checo's personal life into all this? So instead of preaching to the fans, Red Bull should rather introspect. And also don't expect fans to respect titles and races won by unfair means.
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@Sethinomics
Sumit
11 months
It was incredible to see Sainz violate track limits in Austria trying to gain illegal advantage in attempts to keep up with Charles and then getting massive penalties. Or in Belgium, when Sainz crashed into Oscar trying to chase down Charles on lap 1.🤣🤣🤣
@sam10rc_en
Samuel Ranz 🇬🇧
11 months
Unpopular opinion: had team orders not favoured him, Charles would be behind Carlos in the WDC. It’s incredible to hear some of the radios.
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@Sethinomics
Sumit
6 years
Our top portfolio holdings. As i stated yesterday, happy to hold these stocks at avg P/E of 25 against 27x of the Nifty.
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@Sethinomics
Sumit
6 years
Excellent Q1 results from Capital First. Profits up 55% YoY. Loan book grew 39%. Net NPAs stable at 1%. Crosses 100cr of profits for the first time!!
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@Sethinomics
Sumit
8 years
So terrible that #NDTVBanned for 1 day. It deserves to be banned forever.
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@Sethinomics
Sumit
5 years
Oh!! Look at the irony here - That scrutiny of corporates is being increased via making the CSR norms stricter. The scrutiny of the govt for its action is being diluted by weakening the RTI act.
@nsitharamanoffc
Nirmala Sitharaman Office
5 years
@nsitharaman Companies will now have to explain where they have spent the CSR money. We are giving a three years window after which they will have to move the CSR money in an escrow account if they don’t spend it: Smt @nsitharaman
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@Sethinomics
Sumit
6 years
@Swamy39 Sir, Adhia and Jaitley have destroyed the markets!! SEBI keeps coming with dubious diktats that destroy investor sentiment. Massive selling by foreign funds everyday. LTCG has also failed. LTCG destroyed wealth but will give no tax collection. #RollbackLTCGTax
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@Sethinomics
Sumit
5 years
We live in unbelievable times when a budget that raised tax rates at a time when the economy is in free fall is hailed as a master stroke by Godi Media. Things are likely to get worse for markets and economy under this govt.
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@Sethinomics
Sumit
6 years
Heard some guy justify FMCG valuations on a biz news channel saying there will be huge growth in toothpaste demand as people start brushing 2-3 times a day!🤦‍♂️🤦‍♂️ I strongly believe FMCG stocks are at bubble valuations & may struggle to beat FD returns over next 10 yrs.
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@Sethinomics
Sumit
6 years
2 minutes of silence for all those who are struck in sarkari stocks after believing jumlas of this govt.
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@Sethinomics
Sumit
7 years
Ended the year with 43% gains on stocks held in my personal capacity. 4 year CAGR from Jan1 2014 at 26% plus dividends. Come a long way for someone who started with an unrelated engineering degree as a novice in finance.
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@Sethinomics
Sumit
6 years
For years we abused an honest prime minister who worked tirelessly and did so much for us without seeking any publicity or glory. Now we suffer under one who does only propaganda and no work. 😭😭😭
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@Sethinomics
Sumit
6 years
Lots of stuff moved from 28% GST tax slab to 18%. Plus GST return filing once in 3 months for vast majority of traders. Excellent work under the leadership of new Finance minister @PiyushGoyal sir.
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@Sethinomics
Sumit
5 years
Bangladesh is growing at 8%. China which is 5X bigger than us is growing at 6%. But we are growing at 4.5% and it is all due to global slowdown and no fault of this govt's #CowshedEconomics .
@ANI
ANI
5 years
#WATCH Home Minister Amit Shah in Shimla: You are seeing temporary effects of global slowdown. Under leadership of Modi ji, Nirmala Sitharaman ji and Anurag ji are working day&night to fight it. I believe, Indian economy will be the first to be free from slowdown in the world.
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@Sethinomics
Sumit
7 years
New post- 8 step basic fundamental analysis for beginners
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@Sethinomics
Sumit
1 year
Great video. Low taxes for the wealthiest folks is the greatest scam ever.
@MorePerfectUS
More Perfect Union
1 year
NEW: Ronald Reagan learned his disastrous "trickle down" economics from a man named Milton Friedman. We're still suffering the consequences today. @FDSignifier breaks down the most notorious right-wing economist and how he broke our economy.
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@Sethinomics
Sumit
6 years
As a Gurgaon resident, i have seen marked improvement in our electricity situation over last 4 years and am very happy. You please keep your anarchist ways limited to Delhi.
@ArvindKejriwal
Arvind Kejriwal
6 years
खट्टर साहिब ने हरियाणा में बिजली के दाम कम किए हैं लेकिन ये बहुत कम है। हरियाणा में भी बिजली दिल्ली जितनी सस्ती की जाए।
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@Sethinomics
Sumit
7 years
Here are some of the "Obvious Stocks" that me & my family hold and i believe they will continue to give market beating returns of 20-25%CAGR easily for years to come.
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@Sethinomics
Sumit
6 years
Reached 5000 twitter followers this week. A big thanks to all of you for being part of this amazing journey!! Happy to share my views on a few stock related queries today evening. #AskSethinomics .
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@Sethinomics
Sumit
2 years
@holycciardo Even as a Ferrari fan, I want Max winning in Silverstone this year.
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@Sethinomics
Sumit
10 months
@JoshuaPHilll @UAW It is more like the CEOs are paid ridiculous amounts for making sure that the workers are underpaid.
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@Sethinomics
Sumit
2 years
@FanaticsFerrari People only care because Ferrari was supposed to be fighting for the title this year. Nobody cares in too much detail what happens in midfield and backmarker teams.
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@Sethinomics
Sumit
2 years
F1 is a team sport. You are only as good as your team. Just because Max is doing great in last two years doesn't mean Charles and every other driver is bad and should be disrespected.
@TomBolt0n
Tom⚒
2 years
Max Verstappen has won as many races in a row (5) as Charles Leclerc has career wins (5).
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@Sethinomics
Sumit
3 years
@contrarianEPS India GDP is approx $3T. Adani market-cap is few billion. So much assets left for it to still acquire!!😜😜
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@Sethinomics
Sumit
6 years
As an investor I have stopped caring about who rules the country. Well run pvt companies gave multibaggers even in the past and will continue to give in future too. Most PSU stocks were wealth destroyers till 2014 and have hardly changed till 2018 and future looks equally bleak.
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@Sethinomics
Sumit
5 years
Just wait till next year when oil heads back to $80-100 a barrel and Dollar/Rupee is at 80, only then the apologists will realize how MMS and PC saved the economy in 2013.
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@Sethinomics
Sumit
8 years
. @TajinderBagga So AAP ka Reporter wants to say that 85 off 100 Indians are RSS/BJP agents. Good news for BJP then.
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@Sethinomics
Sumit
6 years
Sarkari banks posted losses of 40,000cr plus in Jan-March quarter. Instead of being ashamed or taking responsibility, these freeloading parasites have the audacity to do a #BankStrike .
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@Sethinomics
Sumit
6 years
Bought some Edelweiss, Obeori Realty and Mastek today. All 3 are now trading at single digit P/E on FY20 basis according to my earnings growth projections.
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@Sethinomics
Sumit
6 years
Tata Elxsi long term view- Stock has broken out of inverted head and shouder pattern b/w 1140 & 510 formed in last 3 yrs. Now taking off after testing the breakout level of 1140 for last 2 months. Tgt 1770. Timeframe- 6-9 months. We hold.
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@Sethinomics
Sumit
6 years
Wishing a very happy birthday to our former PM Dr. Manmohan Singh, the man who actually delivered development and the fastest GDP growth our nation has seen in a 10 yr period.
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@Sethinomics
Sumit
5 years
Since lots of folks have shown interest in my stock holdings, here are all the stocks in our family portfolio as of today-
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@Sethinomics
Sumit
6 years
This stupid govt and its seemingly corrupt regulator are doing every thing possible to discourage stock investments by small investors- LTCG, F&O lot size increase, ASM, GSM, etc.
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@Sethinomics
Sumit
6 years
@Swamy39 Sir, Smallcap indices of NSE and BSE are down 40% this year. Many people have lost more in the last few months than what they made in previous 4 yrs of Modi govt.
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@Sethinomics
Sumit
6 years
Ashok Leyland posted excellent q2 results. Revenues up 25% an PAT up 37% YoY. They even managed to improve profit margins in challenging times! At 119, stock is trading at 17 times TTM P/E and at just 12X on FY20 basis as per my estimates. We continue to remain very bullish.
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@Sethinomics
Sumit
6 years
Ashok Leyland is now available at 2% dividend yield and approx 15X FY19 earnings. Cheapest after TaMo among major auto stocks. We hold.
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@Sethinomics
Sumit
6 years
Absolutely it does. Did few of the biggest superstars belonging to a particular peaceful community skip the event due to their bigotry against the great nation of Israel??
@mehdirhasan
Mehdi Hasan
6 years
Bollywood disgraces itself. Yet again.
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Sumit
5 years
Glad I didn't vote for Modi govt. Bhakt investors were abusing me for last several months for stating truth of the economic policies of this govt. We are in a state of continuous economic turmoil starting from Demonetization and we have 5 more yrs of this to look forward to.
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@Sethinomics
Sumit
3 years
@ManishTewari Sir, as someone who respects your work I'd say- The best thing to do was not to tweet this. The second best thing is to delete this.
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@Sethinomics
Sumit
2 years
@WWEGareth Most folks WWE has fired, go on to prove that the company was right to do so. The narrative that WWE is evil or incompetent because of all the talent churn, does not stand the test of time.
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@Sethinomics
Sumit
6 years
Yes Bank saw loan book grow 53% in FY18 to cross 3 lakh crores!! Growth across all segments including corporate. Q4 Profits at record highs, up 29% YoY!! Net NPAs at 0.6% among the lowest in the industry. Very happy with the results. Will continue to remain invested.
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@Sethinomics
Sumit
5 years
State of various sectors after 5 yrs of #pakodanomics - Textiles Destroyed Pharma Destroyed PSU Banks Destroyed NBFCs Destroyed Gems & Jewellery Destroyed Agriculture Destroyed Telecom in Losses Automobiles In Recession MSME crores of jobs lost POLITICS- ONE PARTY GOT VERY RICH.
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@Sethinomics
Sumit
6 years
According to this, bar graph of 81.43 is smaller than 71.41!! And then they make 'pappu' jokes on others...
@BJP4India
BJP
6 years
Truth of hike in petrol prices!
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@Sethinomics
Sumit
6 years
I believe a very big move is long overdue in this stock.I remain optimistic that Mahindra CIE will be a multibagger from CMP of 265 in next 3-4 years. We hold.
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@Sethinomics
Sumit
5 years
I was telling you people to vote for Congress to save the economy and most were laughing at it and abusing me for months. Now this regime is looking set to destroy whatever little is left of businesses and economy.
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@Sethinomics
Sumit
6 years
It will be divine justice if Urjit Patel loses his job before Rana Kapoor retires!! 😈👹😈
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@Sethinomics
Sumit
6 years
Mahindra CIE- Came out with excellent results over the weekend. Stock has done nothing for last 10 yrs. If and when it manages to give a monthly closing above 287, it will start a multibagger journey. Bought small amount today. Will accumulate with time.
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@Sethinomics
Sumit
6 years
Another 10% upper circuit for Edelweiss!! Second time in 2 days. Still company has market cap of just $2.5billion!! happy to have increased our holding in last few weeks during the market crash.
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@Sethinomics
Sumit
6 years
Our highest conviction holdings which have posted great q2 results till now and still look attractive at these prices- Edelweiss, CAPF, Zensar, Mphasis, Tata Elxsi, Oberoi, Mahindra Lifespace, Mahindra CIE and Radico.
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@Sethinomics
Sumit
6 years
Reduced my exposure to Yes bank with stock breaking even 200. Promoter infighting at time of crisis is really shameful. Deployed funds in CAPF and Edelweiss,both of which have also corrected sharply in last few weeks.
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@Sethinomics
Sumit
6 years
Adhia ji dekho....is baar khali apni market hi gir rahi hai. Global correction nahi hai!
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@Sethinomics
Sumit
5 years
Puzzling how Cong did so badly in LS polls in Karnataka!! Why didn't such massive support at local body polls translate to a good performance in LS elections?
@Supriya23bh
Supriya Bhardwaj
5 years
Congress has won 509 wards ; JDS won 174 wards and BJP won 174 wards in #KarnatakaUrbanLocalBodies elections ...
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@Sethinomics
Sumit
6 years
Demonetization was the greatest loot our country has seen in last 70 years, Modi and his rbi lackey Urjit caused death of over 100 people with their stupidity while causing GDP loss of 1.6lakh cr. #DestructionByDemonetisation #DemonetisationDisaster #NeverForgive
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@Sethinomics
Sumit
6 years
What a coincident that this mega PNB scam breaks out just 2 months after it raised 5000cr via QIP. If it were a pvt bank, ppl would be saying that they kept the info hidden until fund raising got done.
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@Sethinomics
Sumit
7 years
SpiceJet's Ajay Singh is a legend. No one else would even dream of converting NDTV into a Bhakt channel!!😂😂
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@Sethinomics
Sumit
6 years
Excellent q4 results from Ashok Leyland today. Great things were always expected going by strong monthly sales figures. Full yr Consolidated EPS of Rs 6 is very good. Generous dividend of Rs 2.43 as well. Will stay invested.
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@Sethinomics
Sumit
6 years
Amazing what Motherson Sumi has achieved!! Sales growing from 20cr to 60000 cr in 25 yrs. When "Buy and Hold" investing works, just one stock can transform your life!!
@cjrsaaketa
Jagdesh
6 years
25 years of listing... Motherson Sumi
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@Sethinomics
Sumit
6 years
If Modi govt falls in 2019, maximum blame according to me will be due to the incompetence/mismanagement/(sabotage?) by the high and mighty in the RBI and finance ministry. #RBIPolicy
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@Sethinomics
Sumit
6 years
Our current holdings in financials- Yes Bank, Edel, CAPF, CanFin, PNBHousing, JMFin & TFCILtd. Last few weeks haven't been too great but I continue to believe they should deliver 25-30% CAGR earnings growth over next 2 yrs and similar stock returns too. Not selling @ these lvls.
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@Sethinomics
Sumit
6 years
This govt has messed up repeated opportunities to make @Swamy39 our finance minister. Now look at the way how currency, bond yields and oil prices are shaping up. Scary times ahead. There will be hell to pay. Smooth talking won't hide economic vulnerabilities forever.
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@Sethinomics
Sumit
7 years
Very bad charts of big banks like ICICI, Axis, SBI, PNB, BoB. All have broken imp support levels in recent weeks. I wont go bargain hunting.
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@Sethinomics
Sumit
6 years
#Nifty looks very dengerously poised on charts. It has formed a pennant pattern after a huge fall. Breakdown below 10500 may lead to 9600 in 2-3 weeks.
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@Sethinomics
Sumit
7 years
Decent results from Yes bank. PAT crosses 1000cr for 1st time.NPAs up due to RBI witch hunt, but still 1%GNPA no big deal.Will stay invested
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@Sethinomics
Sumit
5 years
First they kill the economy with bad policies. Then they have the audacity to call you a thief if your sales go down!! #IndianEconomyPunctured
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@Sethinomics
Sumit
3 years
@wrestlelamia He was only relevant in WWE bcoz of AJ Styles.
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@Sethinomics
Sumit
6 years
Crude, rupee, interest rates or politics won't be the end of this bull market. People losing faith in equities bcoz of rampant institutionalized corruption, accounting frauds and poor corporate governance are now far greater risks according to me. 1/2
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@Sethinomics
Sumit
6 years
This is the scariest mid/smallcap stock massacre I have seen!! Fall in mid/smallcaps this yr looks worse than even the 2015-16 correction when the Nifty fell 2000+ points.
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@Sethinomics
Sumit
3 years
If they can go from 2 seats to 300, they can also go back from 300 to 2 seats. Keep resisting fascism.
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@Sethinomics
Sumit
6 years
PM @narendramodi ji, 2019 me kya keh kar vote mangoge?? Ye bologe ki 70 saal Cong ne khub loota lekin humne kisi ko nahi pakda? Aur mere 5 saal me bhi jo luta uske liye bhi Cong zimmedar??
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@Sethinomics
Sumit
6 years
Great q4 results from AutoAxles. Highest ever revenues. Highest ever profits. Highest ever dividends. Highest ever net profit margins in last 3 yrs. Announced capacity expansion plans too. Company continues to have very low long term debt levels. Disclaimer- Invested.
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@Sethinomics
Sumit
6 years
Cong corruption was also a vastly exaggerated jumla. Nobody got convicted. Besides this govt seems to be much worse with so many crony capitalists fleeing the country after massive scams. No real or imagined Cong scam was even a tiny fraction compared to DeMonetization.
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@Sethinomics
Sumit
6 years
Very very scary times. High flying midcap stocks of last year are having crash landings all around. DBL, Shankara, Avanti etc. Best to be fearful and stay away from stocks in free fall.
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@Sethinomics
Sumit
4 years
Is this 1000 point #sensex crash in sensex the worst ever fall on budget day? #Budget2020
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@Sethinomics
Sumit
5 years
My logic for heavily selling portfolio stocks in last few weeks- 1. If BJP wins then its policies will do even more damage to economy and markets as we have seen in last 2.5 yrs. 2. If Cong wins it may take them next 2 yrs to undo the economic damage Modi govt has done.
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@Sethinomics
Sumit
3 months
And then they tell us myths of how capitalism brings in efficiencies that make stuff affordable for everyone!!
@TaylorLorenz
Taylor Lorenz
3 months
They raised the price of the $40 a month meds that I need for my stomach to work to $1600 a month im gonna kms
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@Sethinomics
Sumit
6 years
Jaitley has wrecked havoc with the economy over last 4 yrs. We need a better finance minister. Now there are also serious allegations of allowing Mallya to escape. #ArunJaitleyStepDown
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@Sethinomics
Sumit
6 years
Aaj bahut din baad mauka mila hai rocket udane ka... Hence- Edelweiss 🚀🚀🚀 CAPF 🚀🚀🚀 Mastek 🚀🚀🚀 Sasken 🚀🚀🚀 Godrej Consumer 🚀🚀🚀 IFB Industries 🚀🚀🚀 Tata Elxsi 🚀🚀🚀 Voltas 🚀🚀🚀 Wonderla 🚀🚀🚀 MAHLIFE 🚀🚀🚀 (only including portfolio stocks up by 5% or more)
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@Sethinomics
Sumit
6 years
Maruti reports a decline in sales for second month in a row!! But..but..our GDP is growing at 8.2%. 😷😷😷 Escorts tractor sales up 4.9% in Aug after 3.5% growth in July. But..but..farmer incomes have been doubled by the govt and acche din are here.
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@Sethinomics
Sumit
6 years
Can't understand any fundamental reason for ppl to be so bullish on ITC. Have looked at last 6 yr results-contribution of cigrette biz to profits has only gone up to 86.5% as of FY18. FMCG gives 1% of total profit. Hotel, paper agri, all showing negligible growth over last 6 yrs.
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@Sethinomics
Sumit
6 years
Ashok Leyland, Autoaxles, Bharat forge Minda Corp etc have fallen crazy amounts from the highs they saw just few months back. Either my growth projections will go wrong or all of these will look extreme value buys at current prices in hindsight few quarters from now. We hold.
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@Sethinomics
Sumit
6 years
If govt abolishes LTCG tax Nifty should be back at 11000 and USD/INR should be back at 70 and FIIs will start buying again. #RollbackLTCGtax
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@Sethinomics
Sumit
6 years
Just look how Trump reduced tax rates in last 6-9 months, that boosted growth which in turn boosted tax collections, reducing their fiscal defict and all that has sent USD shooting higher. Why can't we do something bold and decisive on similar lines!!
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@Sethinomics
Sumit
5 years
Hit 5500 followers again after falling from nearly 6000 to 5300 as trolls did not like me posting the truth about the collapsing economy in last 1yr. Blocked 100's of abusive sanghis too over last few months.
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