Taking money from the depositors without security, with lesser interest and Lending the same money to the borrowers with security and higher interest and take the difference. BANK - Simple and neat business.
Exactly on this date, 12 years before (27th Oct 2008) NIFTY made the bottom low of 2253(The biggest downtrend of 66% from the top out high of6357 on 08 .01. 08) From the bottom, so far, made the highest high 12431 on 20. 01. 20 Since 2008 bottom, as of now appreciated 422% & peak return 452% NIFTY 2008-2020
whereas in the same periodthe best return is given by BAJAJFINANCE Peak Return 73500%and as of now return 46065%
and during this period another 121 stocks gave a return of 12 X to 196 X as on this date.
RELIANCE (1717) - From the March Bottom,as of this week, It gave a return of 108% within 3 months. This week high 1804.20,now the time has come to cool-off time being TOP OUT 1780--1810 expect to correct up to 1630--1600 and 1430--1400 *** In case, cross and close above 1780--1810 then the ULTIMATE UPSIDE TARGET 2320--2360
STOCK in % %STOCK in alphapet%AIFL-97%20MICRONS-22%EXCEL-92%21STCENMGM-43%GAYAHWS-92%3IINFOTECH-24%LEEL-92%3PLAND-17%TARAJEWELS-91%5PAISA-29%IL&FSTRANS-91%63MOONS-6%ICICINXT50-91%8KMILES-85%NAGAROIL-91%A2ZINFRA-37%KSK-90%AARVEEDEN-45%MBECL-89%ABAN-64%GALLISPAT-89%ABCAPITAL-33%PUNJLLOYD-89%ACCELYA-31%ROLTA-88%ACE-32%KWALITY-88%ADANIENT-6%SCAPDVR-87%ADHUNIK-24%SUNILHITEC-86%ADHUNIKIND-25%NATNLSTEEL-86%ADLABS-84%8KMILES-85%ADORWELD-15%WSI-84%ADROITINFO-50%ARCOTECH-84%ADSL-35%BYKE-84%ADVENZYMES-17%VIJIFIN-84%AEGISCHEM-21%DNAMEDIA-84%AGARIND-53%ADLABS-84%AGLSL-42%VIMALOIL-83%AGRITECH-59%PAEL-83%AHLEAST-7%SHIRPUR-G-82%AHLUCONT-12%KHAITANELE-82%AIFL-97%BKMINDST-82%AJANTPHARM-26%RCOM-82%AJMERA-24%ORTEL-81%AKSHARCHEM-46%SITASHREE-81%AKSHOPTFBR-43%ISFT-81%ALANKIT-29%BIGBLOC-81%ALCHEM-78%BLUEBLENDS-81%ALEMBICLTD-23%MELSTAR-81%ALKALI-39%STAMPEDE-80%ALKEM-9%MERCATOR-80%ALLCARGO-24%ANGIND-80%ALLSEC-15%