When will the markets go up?

Brexit results are out and everyone has started to predict the conditions of the market. Nobody is concentrating on the company results. What is the point? If the companies are not improving on their profits or their sales are not improving, do you think the market will go up? Even if the market goes up, will all the stocks go up? You need to concentrate on specific stocks and not the sensex or the Nifty. With good monsoons Rural consumption will improve and that will help companies which are impacted by rural consumption. Though Oil prices fell, commodity prices fell, consumption did not improve, this led to a total slow down. Therefore companies were not able to capitalize on this and companies which benefited, their prices have already gone up.

RBI Governor is on his way out and we would have a new governor soon, do you think this will bring down the interest rates? Even if the interest rates come down, would Banks make good margins. If you noticed the last quarter, private banks were the most profitable, the reason is loan writeoffs. Private banks had the least loan writeoffs. Brexit or Rexit the macroeconomic conditions are improving and this will reflect in the earning of the coming quarters and then see the markets just zoom. The government would also be giving more stimulus once the rainy season is over with spending on power, rail and road. So bright days are there ahead. So enjoy.