Monthly Archives: October 2015

Today markets were down, the BSE ended 213 points down at 27039, and Nifty ended 61 points down at 8171. The main reason for the markets to go down is the nervousness of Bihar Elections and the US Fed is meeting later today to decide over the interest rates. Dabur the big FMCG Company declared good results today. Dabur is a very good stock which has been doing very well for a long time.  Markets are in a bit of a down mode because of profit booking and other factors like politics . Money can be made if one is stock specific. A detailed study is to be made before buying stocks than just following the Market. HAPPY INVESTING AND TRADING

Good Evening and wish you all a Happy Dussera. Markets are flat with not much movement in fact today, the sensex was down by 19 points to 27287 and the Nifty down by 10 points to 8251. China had a bad trading day falling down to low levels. The results season of the second quarter are out so, the markets are uncertain about its movements. The Government is curtailing black money, so the circulation in the market is less. This will pep up the stock markets as the markets cannot accept unaccounted money and it is transparent. By curbing the parallel Economy money will flow into liquid assets like stocks, more money flowing into stocks will pep up the markets. If the Economy is healthy it is good for the markets. Results impact is yet to be seen which will give a clear signal for the Markets to move. The markets have been positive for a long time and the reactions have been very mild. It is better to concentrate on individual stocks rather the markets. IT stocks have given good results including Wipro which came in the evening.HAPPY TRADING AND INVESTING.

It is winter month in Bangalore but its like summer with no cold. But the summer for Markets is good with the index and Nifty rising today.The sensex rose by 230 points to 27010 and the Nifty rose by 71 points to 8179.Many factors are responsible for the rise of the Market. All the Asian Markets are in the green, with poor Economic data from USA it is doubtful if interest rates will be raised,which is very good for stocks. The rupee has been strong against the US dollar by 22 p s at Rs. 64/82 per dollar.Stocks like Tata Motors rose by 8% after JLR sales in China rose by 3%. It is better to have Tata Motors only for trading but not for investments.As, Automobile stocks are a bit confused with contradictory opinion from different quarters. Adani rose by 14% after the Australian Environment Ministry reissued clearance to the Companys mega US $7bn Carmichael Coal mine and Rail project. The results of many companies this quarter have been good so it looks like the Markets will go up.   Bihar Elections have to be watched as a victory in Bihar to the ruling BJP at the Centre will enable it to get more Rajya Sabha seats, the upper House of Parliament so that the intending reforms can be carried through.It is better to book profits periodically with some stocks, with good Investment stocks it is better to trade and build up your holdings. HAPPY TRADING AND INVESTMENT.

Due to some inconvenience todays post will come tomorrow ie Thursday 15th october

Good Evening All, the weather in my city Bangalore is pleasent with rains. The markets have been good this week withouth a break,the BSE sensex was up by 102.97 points at 27035.85 and the NSE was up by 24.50 points at 8177.40 The IMF has cut its growth rate for Asias third biggest Economy to 7.3 percent from 7.5 percent in fy 2015-2016.But stressed Indias groth prospects remained favourable. Caution prevailed as the Market ahead of second quarter earnings from October 12 showed that Indias services sector activity was lower due to tough economic conditions,which justified RBI by cutting rates by 50 basis points. Which was a big boost for markets. The metal and realty indices rose, realty has risen due to the rate cuts anticipating furthur demand. But, investors should be cautious with realty stocks as the transactions are not transperent. China Markets have been closed for a week.Europe is stable. Now there is a buying opportunity for long term investors and traders can book profits periodically.