Share Market Next Week: In the last 12 months, we have seen many ups and downs in the market. During this Nifty also fell down to the level of 15206 and also made a high of 18116. 17100 has emerged as a very level. Whenever the market has gone below 17100, there has been heavy buying, after which Nifty has made a great comeback despite all the negative news. At this point of time, we do not have a single positive reason to say that the market will go up. The level of 17100 has been established which the market is holding. Investors are happy to buy at this level. Which is 18 percent cheaper.
The market works on the basis of demand and supply. If we assume that we are in the beer market, the return of the market will be even faster. The rally that takes place in the bear market is faster than the bull market. But I do not believe that there is a beer market. And even if there is no possibility of it for 4 years. When there is a correction in the market, it is called the beer market. Remember what happened in 2008? Then everyone was saying that there has been 11,000 history of the Sensex. Now this is the situation that we have crossed 60,000 also.
We have to accept soon that India is a country where it is important to stay invested. The whole world will be forced to think this. Because we are focusing on exports of manufacturing, capacity expansion, engineering services. We have an agriculture based economy. Where the world is scared of recession, we are growing at the rate of 7 per cent. After the inclusion of services in GDP, the figures will be closed at a rapid pace. Take a look at our external loans. This is 17 percent of GDP, while Singapore, which developed countries consider as their role model, has 477 percent.
Our manufacturing is cheap due to cheap labor, material and tax. The whole world is looking towards India with hope for cheap goods. India has exported iPhones worth more than one billion dollars this year. So India has exported defense goods worth 2 billion dollars. Many industrial conglomerates which include Ambani, Adani, Tata, Vendata are becoming even bigger. PM Narendra Modi Want to create hundreds of such groups which will increase employment opportunities.
Many multinational companies want to leave China. Tata has said that in the next 7 to 8 years it will be $ 1 trillion. The same is what we expect from Ambani Adani and Vendata. If it crosses $ 5 trillion, then we will become the third largest economy with an economy of $ 12 trillion. Our per capita income will also increase from $ 2500 to $ 10000. This is the reason why I am liking Micro Cap. The number of demat has doubled. The share market share has increased from 2.36% to 4.68%. Which will increase to 15 percent in the coming years.
This means that the demand for stocks is going to increase. The focus of CNI RESEARCH is to identify the micro cap. These are the hidden gems of the market. Because it is available at very cheap prices. You cannot make money with large cap. Wealth can be created only through micro cap. We have Sunil Agro, Gtv Engg, Aanchal Ispat, Alpine Housing, Akar Auto, Artefact, Metal Coating, Vipul Organics, Rdb Rasayan, Triveni Glass, Global Offshore, MK Exim, Integra, Coro Engg, Solimac, Renuka Sugar, Swiss Military, Sitinetwork , and has identified Inspirisys. AKAR AUTO is going to be a great stock. Some people are shopping quietly. That is, soon this stock is going to explode.
Our team has prepared this report for you after doing a lot of research. So that you can take the right decision.
(This is the personal opinion of the author)
Kishore P Ostwal
cmd
CNI Research Limited