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Shankar Sharma Forecasts a 90% Drop in Certain Stocks in Upcoming Bear Market: Impact on Bitcoin (BTC) and Other Cryptocurrencies

12d ago
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  • India’s bull market faces a significant threat in the form of overcapitalization, according to ace investor Shankar Sharma.
  • Sharma attributes this risk to the greed of merchant bankers and operators, who encourage promoters to raise excess capital.
  • He warns that stocks of companies with overcapitalized balance sheets could see a 90% drop in the next bear market.

Ace investor Shankar Sharma identifies overcapitalization as a major risk to India’s bull market, warning of a potential 90% drop in the value of overcapitalized stocks in the next bear market.

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12d ago
bullish:

0

bearish:

0

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