The Nifty, the
Sensex and the SIP ( Systematic invest Plan )
This is one arena and one subject where the importance
holds. After all everybody is hit by the loo of the job as well as the business
that has erupted through the Covid – 19.
Ever since this hit the nation exactly on March 2020 the
entire world was swept off the feet. It became extremely tough and very hard for
the world to survive as it’s income and the overall GDP fell drastically .
Every nation in the world went into despair and into negative with their GDP
sinking below the negative mark and the
worst wa USA whose GDP fell below the -7.0 points on the scale of 10.
IT WAS ONLY INDIA
WHOSE GDP WAS ABOVE 1.9 OUT OF AND ON A SCALE OF TEN.
Inspite of all the hitch and the hindrance the Indian Stock
market did extrememly well and in the stage of the WORLD it was the only one
whose Sensex and the NIFTY were doung exceedingly well. The Indian Stock market
after the market was opened and after the business was declared open went TONG-AND-HAMMER
and on November 2020 the Sensex had closed on 52, 800 plus points and the NIFTY
had closed on 15,835 points . The one’s who invested on stock especially the
Bank’s floated , say for example the ICICI Bank, the Andhra Bank, ( npow the
Union Bank Of India) and the State banks which came to the market on November
and December 2019 with some of their investment plans on the SIP did extremely
well and that surprised the World.
It was the Indian Government which listened to the public,
took their points on the same and acted in a very professional, but in a
ruthless manner to see that the INDEX level remained high and the investors got
their worth in terms of money. That was the FIRST year and their performance of
the NIFTY, the Sensex and the Nifty Ban was absolutely thrilling and at the end
of everything people who invested by December 2020 got about 2.27 times more
their dividends .In short that who invested Rs 3,00,000-=00 to say got about Rs
6,83,000=00 .The extra 3,83,000=00 were taken for the personal expenditure of
all the one’s who invested.
Believing on this the people for the year 2020-2021 who
would draw the money on November/December again reinvested their money on the
same and it gives SUCH A HOPE TO SEE THAT INSPITE OF SUCH A CRUX AND A DIPPING
MARJET, THE NIFTY AT THE MNTH OF JULY STANS ON 51,000 plus points AND THE NIFTY AS ON JULY STANDS ON 15, 835
POINTS.
In other words, what was the actual standing of the Nifty
and the Sensex last trading year at the end of November/December , it has touched
that mark in this year in the month of July 2021.
There is PLENTY of thime now from July 15th 2021
at the time of writing this piece and if the Government takes the cognizance of
the same right now and checks the performance of NIFTY and the SENSEX the
ultimate GAINER will be the Government. It is because-:
1). The dividend of the one’s who have invested will get
enough money to spend.
2). When the currency note will flow in the market freely
the Industry, the other business will stand on the feet.
3). The service class people can withdraw this amount and
those in job can reinvest a bit from this money in the NSC and that will help
the Government to add to it’s kitty beside the investors getting the rebate on the IT ,
ie , Income-Tax.
It maybe added here that about 50% of the people over sixty
years of age have invested their money in this schemes of SIP, and whatever
they get as a dividend , they manage their entire years through this
as far as their expenses are concerned. It is that the IT on the dividend of
the SIP ought to be made by the baks deducting all the IT amount only whn the
one’s, ie , the investor withdraws his money after one year of deposit only if
the amount exceeds the IT slab on which the IT deduction ought to be made- and
not RPT, NOT every month as done now which is a BAD habit and the Government of
the day ought to stand, arise and order/ direct the banks for the same.
It is now for the Hon’ble prime Minister and the Hon’ble
Finance Minister to keep a check on the banking, the banks which has floated
this and the Sensex as well as the Nifty to raise itself so that the Nifty ends
up at 54,000 plus points by November and ther NIFTY to about 16,500 plus points
uptil November and maintains the consistency level uptil the month of December
2021…..
If they can do that …. IT WOULD BE A WORLD RECORD SET AS THE
INDIAN BULLION MARKET NEVER HAD TOUCHED THAT MANY A POINTS…..
Buck up the banks, the Stock exchange market the Union
Ministers’ of Finance and the Union Prime Minister of India…..
That is it……
That sums up it and that is all .....
Regards and THANKS
Pics
Shyamal Bhattacharjee
Mr Shyamal Bhattacharjee, the author was born at West Chirimiri Colliery at District Surguja, Chattisgarh on July 6th 1959 He received his early education at Carmel Convent School Bishrampur and later at Christ Church Boys' Higher Secondary School at Jabalpur. He later joined Hislop College at Nagpur and completed his graduation in Science and he also added a degree in B A thereafter. He joined the HITAVADA, a leading dailies of Central India at Nagpur as a Sub-Editor ( Sports ) but gave up to complete his MBA in 1984 He thereafter added a Diploma In Export Management. He has authored THREE books namely Notable Quotes and Noble Thought published by Pustak Mahal in 2001 Indian Cricket : Faces That Changed It published by Manas Publications in 2009 and Essential Of Office Management published by NBCA, Kolkatta in 2012. He has a experience of about 35 years in Marketing .
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