Tweet Buster: Waiting for Godot\, Fomo factor & art of stock picking

NEW DELHI: Recession worries are intensifying the world over with the US, the UK and German bond yield curves getting inverted, but back home we are hoping and waiting for a government stimulus package to come our way.

Hopes are high that some government dole puts would help put the economy back on track and give the stock market the much-needed leg-up. Most of the top names on Dalal Street are saying the government needs to act sooner than later. Some say any delay in the stimulus package will only prolong the pain in the market.

Sandip Sabharwal, an independent market expert, said it's time for action and lack of one is what's making D-Street bleed.

Basant Maheshwari, a PMS fund manager, seems to be in agreement with Sabharwal.

Sabharwal said if nothing else works, faster recapitalisation of PSU banks can boost growth.

In another tweet, he said officials are worried that tax collections are below target, without realising that once there is an economic revival, revenue targets will be met.


Talking about the yield curve inversion, he said it is too early to call a recession.

Sabharwal had another suggestion for the PMO. He says it is the right time to strike markets with a $20 billion bond issue.

In a tweet, Shyam Sekhar said the narrative of how our market has changed in itself tells a story. Take a look.

However, he says the market today is such that we create pessimism out of optimism.

Sekhar says building back sentiment takes much more time that breaking it. Investing time in taking decision should take precedence for every investor.

Maheshwari, although, is hopeful that the worst is over for market and it has a YES Bank connection to it.

Prof Sanjay Bakshi, meanwhile, shared his mantra for stock picking and warned investors not to let FOMO get to you.

Maheshwari, too, offered a stock-picking tip. He says, "Companies with earnings growth will always find a way to move up."

Samir Arora's investment advice in this market: “Look at quality of managements & moats before investing; equity outperforms debt over long term; don't take leverage.”

Lastly, Sabharwal is seeing value in midcaps and smallcaps and says now is the time to buy fear in the market. Do you concur?