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Jun 30, 2020, 7 tweets

#BSE #Sensex 267 month (12+ yr) update!

Sensex trailing PE as 21.8x in June 2020 vs 19.5x in May 2020. Up from a bottom of 15.67x on 23rd March

Trailing PE is still above 12 year average of 19.3x

With COVID-19 impact/declining GDP not cheap?

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 267 month (12+ yr) update!

Sensex trailing PB was 2.6x in June vs 2.4x in May 2020, lower than 12 year avg of 3.3x.
Lowest for May is 2.1x in 2003, lowest ever is 1.7x (1998)

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 267 month (12+ yr) update!

Sensex trailing Dividend Yield was 1.1% in June and 1.2% in May, lower than 13 year avg for 1.5%. Higher div yld means low valuation.

Highest was 2.4% in FY04

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 267 month (12+ yr) update!

Sensex month-on-month returns were up 7.7% in June vs a decline of 3.8%. June has maintained an alternate return of positive and negative MoM returns for last 9 years!
negative next june?

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 267 month (12+ yr) update!

Sensex year-on-year returns were a decline of 11.4% in June vs down 18.4% in May.
2nd WORST YoY deline after -27.2% in June 2001 (internet bubble crash)

#NSE #DII #FII #Nifty #nifty50

Ok.. June is done
what about July for #BSE #Sensex?

July is up 1.7% MoM and up 14.2% YoY on the average

valuations are higher than avg

#NSE #DII #FII #Nifty #nifty50

#POLL

What will be #BSE #Sensex returns in July?

Tried it in June. both 4% up and down got equal votes!! but can say the highest one was right!!!

Lets see what you guys feel this month...

Your prediction for JULY is:

#NSE #DII #FII #Nifty #nifty50

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