January 2008: Fill & Download for Free

So you're 12 and you want to know if anyone in BTS would date you? At present the answer is an unequivocal NO. In 25 years? Doubtful also. They'll all be married and well on their way to being responsible for the resurgence of babymaking in South Korea.

If Nifty touches 90000–100000 by 2030, how would it affect the stock prices in general?:This prediction was made by Rakesh Jhunjhunwala on February 21, 2021.He is very bullish on the India markets and expects NIFTY to reach these levels by 2030.Rakesh Jhunjhunwala expects Nifty 50 to reach 100k by 2030; Sees Tata Motors as biggest player in EVThe question is about how would it affect the stock prices in general.Let us get there.NIFTY is the benchmark index having 50 stocks as its constituents with different weight given to each stock. If the heavy weight stocks keep gaining, index moves up. They go down, index goes down.When some stocks are not doing well, those are taken out of the index and are replaced with stocks which have been doing well. NIFTY constituents keep on changing.We tend to forget that fact while talking about NIFTY gains. It is the dynamic NIFTY which keeps on gaining. If we look at the stocks which stopped being part of NIFTY, the gains may not be so impressive.Few stories about NIFTY and STOCK PRICES:NIFTY was around 6000 mark in January 2008.On April 01, 2021 it closed at 14867. That is almost 150% increase in 12 years.Did all the stocks which were part of NIFTY move up?Let us see few examples;Reliance Communications has moved from a high of Rs. 844.70 in January 2008 to Rs. 1.75 at present.NIFTY gain did nothing for this stock price.Like it did nothing for UNITECH.From Rs. 546.80 to Rs. 1.70 is a depressing journey in a rising market.And then there is SUZLON:From Rs. 412.80 to Rs. 5.10 is not as bad as RCOM and UNITEC but the stock has failed spectacularly in meeting the investor expectations.Why I mentioned these stocks?:I am not trying to prove a point by picking random failed stocks.These stocks were prominent stocks in the NIFTY index in January 2008.RCOM had a weight of 4.17% and was at number 7 out of 50 NIFTY stocks. UNITECH and SUZLON were at number 16 and 22 respectively. These were the investors’ and experts fancies in those days.Today they are forgotten stocks.Let me talk of one of the stocks in which Rakesh Jhunjhunwala invested a lot of money in the past few years — Jaiprakash Associates.Current prices is Rs. 7.10.He had bought at Rs. 26.00 and then added more at Rs. 17.00. NIFTY has moved higher and higher since then but not this stock.Even the likes of Jhunjhunwala do not make money from all their investments.More wealth destroyers:Look for IVRCL, GVK, GMR, HCC, RPOWER, RELCAPITAL, RELINFRA types of names.Even the stocks like PNB, BHEL, CANBK etc have done nothing to at least keep pace with the index.A stock which went down as the index kept gaining is a wealth destroyer. And there are so many of them.Tata Motors:Jhunjhunwala is extremely bullish on Tata Motors. In fact this is one of his investments which has gone right over last one year in a big way. It has moved to Rs. 307 from a low of Rs. 63.50 in March 2020.But markets are not one year.Tata Motors had a high of Rs. 603.82 on February 03, 2015 when NIFTY was at 8756.With NIFTY at 14867, it is at almost 50% of its all time high.Maybe it will go better from here. Maybe it will go back lower. Who knows?Not me and you. And not Mr. Rakesh Jhunjhunwala also.To Summarize:From the current level to 90000 is a very big leap. We need a 500% gain.Not likely to happen. Hype and hope can take the market higher but only to an extent. Real economy works after that.90000–100000 is just hype.And even if that happens, some of the stocks will keep falling like the examples shown here.One has to pick stocks rightly and exit from what goes wrong. Ask the investors in these stocks about NIFTY gaining 150% and all you will get is a shrug. It means nothing for losing stocks.Let us forget the hype and get real.Before we go, the top 25 by weight in NIFTY —January 2008:Thanks for reading.Images : NSE and Icicidirect website.

Yes they do.Let me share one.She is mother of late Captain Sunil Choudhary who martyred on 27th January 2008 while on an operation against ULFA millitants. After being shot in chest he managed to kill 2 of them.His mother is cleaning his statue before his 36th birthday :(