Transcript

Transcript

Transcript
Do you think from here on, you know, for the next 12 months or so, investors should brace for say Mitty and returns on the Nifty itself? Because a lot of investors out there, they’re showing the money. But last one year, no returns on the headline index, individual stocks far lower. Yes, Sir. But see, investing is not about one year. Why you have so much focus on one year, right? If you look at last five years, stock post COVID has gone from 9000 index to 25,000. It is almost 2324% kind of compound return and that’s why you’re seeing the actually investors are not looking at one year, they’ll get a little longer term. So we took a bit of a break, but we had a good Sprint. See what are the kind of ad I buying If you look at the yearly basis, they buy 55 and half lakh crores. And I’m telling you we will be heading for 6-7 lake cores in the next 12 months. So the flow is much, much stronger. And now with the lower savings rate, I think the attraction of the markets will become even more at say 55 I always. 115 at 5% in savings rate post tax. Post tax OK, it gives you 15 years. Doubler at 15%. Postaxial equity, it gives you 5 years doubler you whether you want to double your money five years or 15 years, that’s your cost. So now this is definitely getting into the head. And with the digital distribution payment and all kinds of digital revolution in India now we have 202 million people as of last month. So I’m sure we are headed for A at least half a billion customers in the next 5 years. So this is the biggest, biggest. What do you call? Reform or development or tailwind which is happening in the economy. So yes markets will do well but provided there is earnings growth and that’s why this GST thing comes in picture. So without earnings growth you can keep dumping money after money and that will also slow down. If it doesn’t markets will do because you are 22 P multiple kidnap, you know so, so earning needs to come. Earnings will come only if you have right kind of impetus for the demand yeah, you know. In a country like ours where demand driven CapEx happens, see because CapEx is expensive. Menixinya sudah geprek itu 8 unlim tidak ada demand so. You can’t get a private CapEx unless there is a demand. And if there is a demand, the world will pour money. I’m telling you don’t have to ask about it. That’s why GST is very important. You increase the demand. Capitalism will take care of it.