Monthly Archives: April 2014

Hello everybody, The summer heat is on and elections are still going on generating more heat in the Markets. The opinion polls reveal that the NDA with BJP will win more than 250 seats. There is an opinion in the market that, the Market has already factored in the event of Modi becoming Prime Minister. If he does not Market will react negatively with a knee jerk reaction. The Market thinks if the BJP wins, it will be bad for IT Industry, as the rupee is expected to become strong if BJP comes to power. Now, the rupee is already strong so, the IT stocks are down. There is an opinion to buy cyclical stocks like Infrastructure stocks, Manufacturing Industries, cement stocks and so on. But, I personally feel IT stocks need not be feared as the earnings till now have been good and if we follow the numbers and the business potential the rupee must not make a difference. As, many IT stocks have gone through the rupee cycle but still, have given good returns. But, the market mood also has to be considered so, it is better to buy or stick to cyclical stocks. Very selective buying has to be done now, as prices are very high. Today was the settlement day or last day for F& O, as tomorrow Markets are closed due to elections in Bombay, on Thursday 24th April. Invest with great care as many stocks have gone up, lot of value digging has to be done. Wish you all a Happy Trading And Investing.

Hello Everyone, elections are taking place in the Worlds biggest Democracy, Markets are much dependent on Mr.Modi becoming Prime Minister. In case, Mr.Modi becomes PM Markets might stabilize as it has already factored in Modi  victory. In case Modi does not become PM markets will drop. Today Markets dropped, due to selling pressure and weakness in IT stocks. Not much activity in market except range bound trading. Happy and Careful investing and trading.

Good Evening to my readers. I wish you all a belated UGADI. I had a very nice UGADI devouring all the good things. Markets have responded well to Ugadi continuously going up in eight straight sessions. The Reserve Bank kept interest rates unchanged, which gave a boost to the Markets. The Markets expect Modi to become Prime Minister, it has run up with that aspect in mind. It is not only the Modi factor but, more money is coming into India dedicated funds. This inflow has given a leg up to the market. Company results have to start trickling in, which will be an important factor, for the direction of the Markets. But please be cautious, as Markets are in a Boom now, better go for selected stocks. Go slow on your buying, book profits periodically. HAPPY INVESTING AND TRADING.