Monthly Archives: January 2016

Markets was steady today, the Sensex closed up by 6.44 points at 24492 and the Nifty closed 16 points up at 7437.75 . The Asian Markets headed higher except for China, US markets ended higher tracking the outcome of the US fed meet. Bank of Japan which is meeting on Friday, to expand stimulus has resulted in Asian markets getting higher.Indian Markets were subdued due to expiry of F&O tomorrow ie Thursday, The Markets have gone a lot down so investors are short covering or shares are available at good valuations. That is why Markets are cheering a bit. At present corporate results are ok and not much of negative news is there. The news effecting India is the China factor. The funds into mutual funds has increased so, markets are doing well.At present it is better to trade and book periodical profits, than investments. If investments are made it should be for a pretty ling term may be for a perspective of more than a year. HAPPY TRADING AND INVESTING.    

Markets were down today the sensex was down by 100 points at 23962 and the Nifty by 32 points at 7276. The sensex came down below the pshycological 24000 mark. A lot of issues are bothering the market like the oil crisis which has reached absymmal low levels and the China economy is in doldrums and their markets are very weak. The budget is one issue the market is looking at and the corporate results which are coming in. The results are not much encouraging so the markets are down. The buying activity is less in the market and so no money in stock market, the lack of support to equity is pulling market down.But the valuations are very cheap, and stocks are available at dead cheap levels than their actual worth. So, its a time to buy stocks at dead cheap valuations than entering later. A lot of talk is going on in sugar and infrastructure stocks, a careful eveluation has to be made in these stocks and purchase them, it is better to book profits periodically than investing for long term.HAPPY TRADING AND INVESTING.

Due to unavoidable events I could not publish my letter last Wednesday or Thursday my apologies for that. Today the markets were down the third day of the week.The BSE sensex was down by 174 points at 25406 and the Nifty was down by 46 points at 7741.The political tensions in the middle east between Saudi Arabia and Iran got the prices of oil down and the markets were jittery and nervous. The tension caused by North Korea by it exploding its hydrogen bomb has also caused tension in Markets, European markets fell and Indian markets too fell. Many shares are coming down due to the uncertain conditions prevailing all over, with next week the earnings season starting. China has closed its markets due to the recessionary conditions there, and this also has effected other markets because China, is the main consumer of goods and also the exporter. If China is not able to export it means there are recessionary conditions. The good thing is India is having mou s with Foreign companies. Premier Explosives has an mou with an Isreli company which is an example of good business taking place.Be into particular stocks than markets. HAPPY INVESTING AND TRADING.