Monthly Archives: March 2015

Markets went down badly today, I personally think, it is a correction the Bombay index fell more than 600 points and Nifty fell more than 180 points.The reason given is the Saudi Arabia attack on Yemen to flush out extremists. It is called Geo-Political tension. Oil has risen due to its successive fall over a period of time, now it has risen more, because of the Yemen crisis. Oil rising is not good for the Economy of India, as it stokes Inflation. But, the silver lining is, IT companies contract renewal is happening now. So. IT companies like Infosys and Wipro will have business. The problem faced by IT companies is there is a demand to reduce prices of the contracts to be renewed. So, there will be pricing pressure which will effect the profitabibility of theirs. The Land Bill is to be passed in Parliament, and the Government is working hard to convince Farmers that no negative impact will be on them. The ordinance will expire and it has to be passed in the Rajya Sabha, were the numbers of the ruling party are less. Markets were bound for a correction which is happening now, to recover it will take more time. The returns will not be as good as 2014, one has to wait for good returns and lot of hard work has to be done in spotting good stocks. FMCG is a safe bet as they are defensive stocks, and there is a continuous demand for their products whatever the economic situation. HAPPY INVESTING AND TRADING

Markets were down today, waiting for the Federal Reserve decision regarding interest rates. Shares across all sectors are moving up and down. The Land Bill is passed in Lok Sabha and 49% FDI in Insurance is allowed. FDI has increased Foreign funds are investing in Indian Debt Market. The Government is on a firm footing and proceeding well.Select shares after a Thorough study and book profits periodically.HAPPY TRADING AND INVESTING.

Markets are dull now, with a fear of the US raising interest rates, the markets are over valued technically.So, a healthy correction has set in. Telecom companies are spending a lot of money on spectrum auction, which might effect the profitability of telecom stocks. The coal auction also has got in a lot of money to the Government. But still markets are dull, as stocks are much over valued , what is taking place is a healthy correction which had to happen. Profits can be made slowly. Have patience we will all reap benefits, I remember in early 2000 M&M was Rs 40/ now it is above Rs 1000/ be on the look out for good stocks. ITC, is one such stock which is doing well in its FMCG businesses, which are growing every year in addition to its cigarette business. HAPPY TRADING & INVESTING.

Today the market touched 30000 the highest ever due to the surprise rate cut by rbi of 25 basis points and it came down to 29380 falling 213 points. No special announcements in the budget but, it seems to be a practical budget were the resources are enough to meet the ends , no special and unrealistic promises are made. THE COMPANIES ARE FEELING GOOD about the 5% cut in corporate taxes to 25%.The 4th quarter results which are going to be announced in April are to be seen.Stocks seem to be over valued so this correction is bound to take place. Invest with care go slow on buying. HAPPY INVESTING AND TRADING