Source:Prashant
The following table should provide you with perspective on what to expect (based on historical averages) if you were to buy at X times earnings on Nifty

Source:Prashant
The following table should provide you with perspective on what to expect (based on historical averages) if you were to buy at X times earnings on Nifty

Yesterday was a day of carnage in the markets.Interesting to see these entities pick up shares in bulk .
| Date | Symbol | Security Name | Client Name | Buy / Sell | Quantity Traded | Trade Price / | Value (In Crores) |
| Wght. Avg. | |||||||
| 24-Aug-15 | ESCORTS | Escorts India Ltd. | GREATER INDIA PORTFOLIO | BUY | 660521 | 154.41 | 10.20 |
| 24-Aug-15 | GHCL | GHCL Limited | OCEAN DIAL GATEWAY TO INDIA MAURITIURS LTD | BUY | 924034 | 115.87 | 10.71 |
| 24-Aug-15 | INDTERRAIN | Ind Terrain Fashions Ltd | MALABAR INDIA FUND LIMITED | BUY | 45505 | 599.02 | 2.73 |
| 24-Aug-15 | JUBLINDS | Jubilant Industries Ltd | EQUITY INTELLIGENCE INDIA PRIVATE LIMITED [P M S] | BUY | 100000 | 238.39 | 2.38 |
Maybe my favorite thing about today – watching fundamental analysts making intraday directional market calls.
— Downtown Josh Brown (@ReformedBroker) August 25, 2015

Some stuff I am reading today morning:
Black Monday: China Shock clobbers markets (BS)
The message in the NSE VIX (Mint)
Blood on the streets (Prashant)
Crash Alert (Bill Bonner)
IPO Review:Prabhat Diary (MyInvestmentIdeas)
Products to avoid for retirement planning (Subramoney)
Five Lessons from the history of 20 year old mutual funds (FreeFincal)
My little trick for coping with a correction (TRB)
Crash rules everything around me (Common Sense)
10 smart things said about market corrections (Ivanhoff)