Indian share market news and updates

Let us first understand the Evergrande Crisis quickly:- Evergrande  - a major player in China's  real estate sector may default  on it's interest payments. WHY? Heavy debt ($300+ billion worth of liabilities lying with banks) China government is not showing any support Banks are not giving further loans. Impact on the World and India — There are 2 aspects of looking at it. A. If Evergrande goes down, 1. Further  slowdown in China's real estate market  (which has already suffered due to corona pandemic) and hence the Chinese economy. This can  encourage inflows to shares in India  (as an alternative to China) 2. Indian  commodity exports companies  (steel companies including SAIL, Tata Steel, JSW steel, metal companies),  mining, chemical stocks   can be under pressure. Why?  - Depreciation of China currency may hit on exports from Indian companies B . The other scenario could be that the  China government intervenes and ba...

Are you a shareholder of CAMS? Or planning to make a position? If yes, then this post can be worth a read! CAMS was listed on 28th September 2020 and as per SEBI guidelines, on completion of one year, stake holders can sell their stakes. So,  IIFL private equity sold their stakes and booked huge profit. For those of you looking for numbers - IIFL withdrew an amount of approx 350 crores from the stock, which led to a major decline ( more than 8% in a single day ) in the stock price. Now, the question here is  WHAT SHOULD WE DO NOW! If you are already an investor  in the stock, then keep  HOLD ing the stock. WHY? Ask yourself why you entered the stock. Is there any difference in the stock fundamentals? Has there been a change in the company's management? -  NO! So, why to worry! Just have patience and hold. You can infact  average  out, if the initial buying levels are high. Now, for those who are thinking of making a  new entry:- Before buying any ...