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Aug 31, 2020 7 tweets 13 min read Read on X
#BSE #Sensex 269 month (12+ yr) update!

Sensex trailing PE was 27.3x up from 24.6x in July & 19.5x in May 2020. Bottom of 15.67x on 23rd March

Trailing PE 12 year average is 19.3x

Highest PE for any year in August! valuations are not cheap!

#NSE #DII #FII #Nifty #nifty50 Image
#BSE #Sensex 269 month (12+ yr) update!

Sensex trailing PB was 2.9x in Aug vs 2.8x in Jul vs 2.4x in May 2020

P/B is below 12 year avg of 3.3x.

Lowest for Aug is 1.9x in 1998, lowest ever is 1.7x (Oct 1998)

#NSE #DII #FII #Nifty #nifty50 Image
#BSE #Sensex 269 month (12+ yr) update!

Sensex trailing Dividend Yield was 1.0% in Aug same as in July

Dividend Yield 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 Image
#BSE #Sensex 269 month (12+ yr) update!

After the CRAZY day which say Aug highest and lowest Sensex value, month-on-month returns were up 2.4% in Aug vs up 8.1% in July

Alternate month of positive/negative returns in Aug for 11 years!

#NSE #DII #FII #Nifty #nifty50 Image
#BSE #Sensex 269 month (12+ yr) update!

Sensex year-on-year returns were a up 3.5% in Aug vs up 0.7% in July. Up 2 months in a row YoY...

the bulls rule again, or bears extend the 31st Aug win?

Sensex up 33.9% in FY21

#NSE #DII #FII #Nifty #nifty50 Image
Ok! Aug over
what about Sep for #BSE #Sensex?

Sep is up 1.4% MoM and up 15.6% YoY on the average

In the recent past Sep has been more likely negative than positive...
Sep also the month for the 2008 GFC crash...

FED & liquidity to help in 2020?

#NSE #DII #FII #Nifty #nifty50 Image
#POLL

What will be #BSE #Sensex returns in September?
You all nailed the June and July poll!! --- the highest one was right BOTH months!!!
Most got Aug wrong...

Lets see what you all feel this month...

Your prediction for SEPTEMBER is:

#NSE #DII #FII #Nifty #nifty50

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Read 12 tweets
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#BSE #Sensex 280 month (23+ yr) update!

Sensex trailing PE was 31.6x for July vs 32.2x for June
vs low of 15.67x on 23 Mar 2020
9th consecutive 30+PE month
after 0 instances of 30+ PE till FY20!

Highest earlier PE for July has been 28.5x in Fy01
#NSE #DII #FII #Nifty #nifty50
#BSE #Sensex 280 month (23+ yr) update!
Sensex trailing PB was 3.4x for July vs 3.3x for June
P/B is in line with 23 year avg of 3.3x.

Lowest ever is 1.7x in Oct 1998
#NSE #DII #FII #Nifty #nifty50
#BSE #Sensex 280 month (23+ yr) update!

Sensex trailing Dividend Yield was 1.03% in July vs. 0.97% in June
vs 23 year avg for 1.4%

Lower div yld means high valuation.
Finally crossed 1% after 8 consecutive months div yld less than 1%

#NSE #DII #FII #Nifty #nifty50
Read 8 tweets

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