Today
Today the Markets went up by 104 points to 27563 the sensex and the Nifty went up by 38 points to 8375. A lot of foreign investments in Equities are coming in amounting to Rs 7300 crores in July. The Fed rate hike in the US is expected to happen, and next week we have our RBI rate season. Tomorrow is end of account being a Thursday so, market watchers are waiting. Results of FMCG company like Dabur came through today which has been good, and Pidilite both which we have recommended in the past have been good. The China factor some people say is ignored, but it is yet to be seen. As markets were down most of last week, short covering has taken place which has led to increase in prices of shares. The markets will react tomorrow depending upon the FED rate hike which will be known tonight in India. Happy Trading And Investing.
Today
The sensex went up by 322 points reaching 28504 and the Nifty by 104 points reaching 8633. The buying by domestic investors through the Mutual fund route is taking place. The expectation that the GST bill to be passed in Parliament is one of the triggers, though Global Markets were low. But still the doubt of not so good results remain. It is just a trading market. Hapy Trading and Investing. Nothing much to write about.
Today
Markets were up today, the sensex went up by 248 points touching 28446 points and the Nifty was up by 84 points touching 8608 points passing the psychological 8600 mark. The markets were up as the Greek crisis went into the background were the Greek Parliament accepted to end austerity measures like cut in pension and raising of taxes.The narrowing of the trade deficit with the US at US Dollar 10.8 billion against US Dollar 11.7 Billion in the same month previous year has lifted market sentiment.
There is an expectation of a rate cut by the RBI in August with the WPI and CPI coming in line with the June estimates.The quarterly results of TCS has been good which is encouraging for the markets.Internationally also the markets have been positive. The Chinese Markets which were very down seen to have recovered very well because of the steps taken by the Chinese authorities.Pipavav Defence an Anil Ambani group company rallied 3% as they have bagged an order of 3 billion Dollars from Russia to build a warship. The Make in India campaign success story is this one or one of the important ones.The Make in India Campaign will be very good for the Markets in the long run. In the medium to short term the Corporate results are to be seen combined with the International situation. HAPPY TRADING AND INVESTING
Today
Article supposed to be published today will appear tommorrow ie Thursday 16 th July
TODAY
Today the sensex ended by 484 points closing at 27687 and the Nifty by 148 points closing at 8363. The Nifty ended below 8400 below the psuchological mark. The markets are hit by crisis after crisis, first it was the weak quarterly results, and then came Greece followed by China. China was the the benchmark due to its new found wealth and it has become prosperous thinking that it can never look back. It being a Communist Government does not understand or cannot think to understand the Markets are supreme. The Government of China has been thinking it can support business forever and keeping its currency pegged to the dollar. Real forces seem to be not working in China it is a Government supported market. Now, the share market in China has come down drastically indicating weakness in demand in the Economy. But, the real tragedy is, commodities like steel have less demand now, due to China consuming less. That is why shares like Tata Steel have come down and shares like Tata Motors which makes Jaguar cars also have come down because of low China demand. Greek is another cause which has become bankrupt due to the austerity measures there with no income generated. It might come out of the Euro, as it has rejected the ban on austerity measures. Now, how will the banks support Greece, which cannot support its old debt. The silver lining today is Europe has picked up today as Greece has said it will hammer out a solution in 2 to 3 days. Markets are playing round to the news everyday, so one has to be careful while entering markets. Profits cannot be expected easily and fast, one […]
Today
Today markets went up by, 240 points to 28020 in the BSE and the NSE went up by84 points to 8453. The main news is the Greek Prime Minister has agreed to the conditions with minor changes for rescheduling their debt. This has perked up the markets. The Foreign inflow has started with the domestic investors participating. With a lot of new issues hitting the market it has given cheers to investors , imposing confidence in stock market. The markets have become news driven, and it is used to pull down or pull up markets. Sceptics like our RBI Governor say that there will be a Great Depression combined with the Greek crisis. There is a contrary opinion that, Greece is a very small place of no significance. So, it will not effect the stock market. But, it is also said that there will be a contagious effect on other European countries, which is most likely. We export a lot of Auto components to Europe so it has to be watched. The Annual results and the fourth quarter results have been bad, thats the reason markets were bad for sometime.
The encouraging thing is there is no policy paralysis and policies are taking place now.An active Government is good for Markets. The best thing to do is be stock specific and observe its movements. As, a good stock will have a temporary effect whichever direction market moves.Be cautious and trade. HAPPY INVESTING AND TRADING.

