Thread by @IndiaER

#BSE #Sensex 268 month (12+ yr) update!

Sensex trailing PE was 24.6x same as Feb 2020 and up from 21.8x in June & 19.5x in May 2020. Bottom of 15.67x on 23rd March

Trailing PE 12 year average is 19.3x

valuations are not cheap!

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 268 month (12+ yr) update!

Sensex trailing PB was 2.8x in Jul vs 2.6 in June vs 2.4x in May 2020, lower than 12 year avg of 3.3x.
Lowest for Jul is 2.2x in 1998, lowest ever is 1.7x (Oct 1998)

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 268 month (12+ yr) update!

Sensex trailing Dividend Yield was 1.0% in July, vs 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 2.5% in Aug 2004

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 268 month (12+ yr) update!

Sensex month-on-month returns were up 8.1% in July vs up 7.7% in June vs a decline of 3.8%.

2nd highest MoM since March 2016!

the bulls ruled July!!

#NSE #DII #FII #Nifty #nifty50

#BSE #Sensex 268 month (12+ yr) update!

Sensex year-on-year returns were a up 0.7% vs decline of 11.4% in June vs down 18.4% in May. Up YoY first time since Feb 2020!

the bulls rule again?

#NSE #DII #FII #Nifty #nifty50

Ok! July over
what about August for #BSE #Sensex?

Aug is up 0.8% MoM and up 15.1% YoY on the average

Aug alternate up & down MoM for past 10 years! trend implies +ve in 2020!!

valuations are higher but we have momentum & liquidity
and history?

#NSE #DII #FII #Nifty #nifty50

#POLL

What will be #BSE #Sensex returns in August?
You all nailed the June and July poll!! --- the highest one was right BOTH months!!!
Perfect predictions!!

Lets see what you all feel this month...

Your prediction for AUGUST is:

#NSE #DII #FII #Nifty #nifty50