저자: VijayKedia · 외국인
요약 보기
인도 시장은 6월4일 이후 신고가 경신 등 강한 내재적 체력을 보였고, 미국 다우도 급락 후 빠르게 회복해 시장 저력을 드러낸다는 주장. 일부 종목에 거품은 있으나 저평가 종목도 많다고 봄. 이익 실현은 '이야기가 끝났는지'로 판단하라고 조언. 초보자는 뮤추얼펀드 적립 권장, F&O(파생) 투기는 금지. 좋은 종목 선택은 Small·Medium·Large·Extra-large 공식과 경영진 역량 중시.
다듬은 글
Hello and welcome, you are watching Business Today Television. I am Sakshi Batra and in this very special conversation, I have the best person that you want to hear right now in the stock markets, Mr. Vijay Keria, the MD of Keria Securities, is with us. Welcome sir and thank you so much. The budget was presented, the elections were over, the market fell and recovered as well.
What would you say after this? I mean, everything is being digested in the market. How is this happening? No, see, it means that the market is showing its strength in itself and this is not the first time. What a big incident happened on June 4, in which there was a huge work done and after that the index reached a new high and the same thing happened yesterday as well, that is, on the day of the budget as well, so this itself is telling that somewhere or the other, people are misunderstanding the market, somewhere or the other, there is an innate strength in the market, whether it is because of liquidity or because of some future possibility, but it is definitely showing its strength in the market.
And this isn't just happening in India, it's happening in the US as well. Four or five days ago, the Dow Jones index fell by 700 points, and then yesterday it recovered by 600 points. So, there's a different atmosphere going on around the world that we probably can't understand. Is there some bubble-like atmosphere?
Many people fear that if the market has moved so fast, there will be a major correction. When will this happen? People don't know if something like this will happen. One day, the bull will come, right? But here, the lion's share of money in the stock market is that thing. When you think about when it will come, everyone will die one day or the other.
If you keep thinking about it, it has no value. Timing is the most important value. And what you asked about bubbles, it seems that this bubble may not be a bubble in the entire market. It could be a bubble in some pockets. So, if you think about a bubble in this pocket, do n't act on it. There are many pockets where shares are still very cheap comparatively, so act on them.
This is the case here. It is wisdom ma'am, this is the game here, how you pick out the diamond from the coal, this is the wisdom here ma'am, so what strategy would you tell all the investors who are fully invested, they have invested their money, in the one way rally that we have seen for the last 18 months, they have invested money, you advised to book profit, you advised where to book profit, where to invest new money, I did not even say about booking profit, it depends on you, what is your view, what shares you have, ma'am, there are a lot of shares here, so as in that, you have to book profit, one of my quotes ma'am is that chase the story behind the stock, not money on the table, money will make you rich, but the story will make you wealthy, so here you should not book profit by saying that the market has risen so quickly, if you feel somewhere that the story is ending or it has reached a plateau, then if you book profit, then it is a different matter, otherwise, after seeing the ups and downs of the market, if you get out of the car once If you leave, you wo n't be able to sit back.
Absolutely. Now, you're right. Many of our viewers, Bijay ji, are first-time investors. They've realized that investing in the market can be good because salaries are n't increasing much. People need additional income. What would your advice be for that first-time investor? You've been watching the market for 35-40 years.
Yes, I've been three times. So, my advice to them is to invest wisely and don't fall for rumors. Don't waste time. This is a business of knowledge and patience. Learn from experience and do your best. This is a game of experience. Ma'am, the new investors who have come here will have to pay the toll.
They should see the current market trend. Everyone is making money in this market. So, they should n't consider that as their skill. They should understand that it's a good season. So, until a full cycle is completed, you do n't know how much skill you have. So, maintain your humidity and keep learning.
And those who are new to the market. They should save through mutual funds. One should not be too adventurous and should take less risk. Gain experience and then expand the business. Okay, Mr. Keria, tell me one more thing. People say that you are the king of choosing multi-bagger stocks. The way you invest in any stock, it turns into gold and instantly shows you amazing growth.
Now people are not able to understand how to choose such stocks from so many 3000-4000 stocks. So, can you share that formula? Otherwise, what is the point in it? First of all, the answer to the first question is this, ma'am, every body is a genius in a bull market. So, I am also like that. If God is kind, then what is the point of a donkey wrestler.
I have been fortunate that ever since I have been in the stock market, I have seen rapid growth. I have seen only bull markets in the market. It has been in my favor and then I have learned a lot from my mistakes and now I invest in a concentrated manner. I consider it a business and not a gambling den.
Secondly, what was the second question? How to select a stock? A multi-bagger stock. A multi-bagger stock. See, it happens by chance. When I buy a stock, I don't know that this stock will be worth this much. It happens by chance. So, I use my formula of smile: small in size, medium in experience, large in aspiration and extra large market potential.
So, I see whether this is a small fish in the ocean, small cap or mid cap, can it measure the entire ocean or not, and whether it has that growth potential or not, whether the management has 20 years of experience or not. In this way, I focus the most on the management, how much fire is there in the belly of the management, and whether it will cause a big disruption or not.
I keep these things in mind and my focus is on growth: will this sector grow or not, and does this company have enough strength to outperform the sector, or can it do it or not. I use just two-three simple formulas. Ma'am, you are right. People might think that I don't have an Aladdin's lamp or anything.
I use a very simple formula that works and I can express every idea in one line, but people do n't want simple things. Here, I would like to know from you, for all our viewers, as you are saying that you have been watching the market continuously for 30 years and you have seen only bull markets, you have also learned from your mistakes.
If you are a first- time investor, you want to invest in Indian stock markets for the next 5, 10, 15, 20 years, but you are confused. The government is constantly increasing taxes, sometimes bringing in regulatory changes. In such a situation, you should continue to trust the stock markets that this will outperform.
And what would be your message? For those who are thinking that they are on the edge, they have not come yet, no, see, inside this I will tell you, like I have a quote, Ma'am, that the bull market is like sunshine, it is always there, some where, but always there. Finding out for some where is also a great wisdom, so if you are coming for the first time and understand that you have not yet entered the market and you do not have wisdom, if you have not entered then you will not get it, then you should invest through mutual funds, saving your money is the biggest saving, the biggest earning is that you do not lose your money and secondly, there is another quote of mine that your mental capacity is more important than your financial capacity, lost money can also be regained but once you lose your mental capacity, if you lose confidence then it takes some time to regain it, so people should preserve their mental capacity and play it safe by saying this, there is no point in taking forced risks because it is already a risky business, so there is no need to be too adventurous in risky business, it should be kept safe, one more clarification on this, which often attracts new investors towards FAO, does more money make in FAO or in cash, more money is made in the long term, no, money is made in both It is there but in FAO those who do FAO do not make it, those who feed FN make money, so they should understand that by saying this, there is also a quote of mine ma'am that if you are smoking you may die in 20-30 years but if you are doing FN you may die next day you know, then in FN there has to be a big mess in it and so because a new person does not know that integrity, for that a lot of discipline is required, a very different mindset is needed for doing ANO, so it is impossible for a new person to do this work because its speed is more than super sonic speed, so if he gets disappointed in coming for the first time then his morale will break, so I say that new people should not do ANO work, there is a myth among people that I will earn money in FAO, you ask everyone, everyone is troubled, four to five people earn money in this, the brokers earn the most, STT comes, the government earns a little.
These five or six small charges of SEBI come, fair weather friends of yours, who earn this, house always wins, which is what we call, thank you very much Mr. Keria for talking to us and your five which are very precious, you have shared with us your quotes and through those quotes you have guided all the viewers in the stock market, thank you, always a pleasure to have you with us, thank you ma'am, thank you very much
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