RISE OF NIFTY WAS A SHAM !!!!!!!!!!!!!!
Comment:
well as the saying goes that markets know every thing ahead of mere mortals.This is exemplified by the reversal of Nifty Jr. before Nifty. It means that markets were fully aware of imposition of LTCG, even before the announcement. This again demonstrates that TECHNICAL ANALYSIS is the only way to analyze markets.
Comment:
IF POST TAX RETURNS ARE LESS BY 10%, THEN IS IT ILLOGICAL TO REDUCE PE MULTIPLES BY 10%????????????????????