Today
Hello all, the markets continue to derail. The BSE sensex went down by 321 points going to 23089 and the NSE went down by 91 points going to 7018. Oil prices coming down ,the Rail budget tommorrow and F&o EXPIRY bought down the Markets. According to JP Morgan China factor need not be feared, but a lot of portfolio allocation is taking place.
No particular reason is attributed to the fall in the markets there does not seem to be any buying interest left in the Stock Markets as of now. Still talks of over valuation of equity prices is going on but investors are frustrated with prices moving southward. Investors are also confused with the Long Term Capital Gains might be for three years instead of one year. This reason has added to the fall in prices in the Market. Collect stocks gradually at lower valuations and sell at rebounds. Happy Trading and Investing.
Today
Today Markets went up by 190 points at 23381 and Nifty went up by 60 points at 7108. Markets recovered after a initial fall and closed positively at the end. Markets are dicey with full of uncertainities so all technical analysis, does not work now as the sentiment is down. Infact the Indian condition is ok. According to Kotak Mahindra Mutual Fund the oil Prices have fallen and India is saving USD 70 billion so India is falling with a parachute while other emerging Markets do not have a parachute. This saving will be put to good use by the Government and the result will be seen only after a time lag. For a question put to Kotak Mahindra Mutual Fund if the markets are going to fall a furthur 20% they say to sell your house and buy shares. According to Kotak Mutual fund retail investors own only 10% of equity market and with market coming down retail investors can increase their valuation in the market.
Tata Motors seems to be going up slowly, their sales of Jaguar cars from JLL their company seems to be doing well, with the Commercial activity picking up in the country trucks the main stay of Tata Motors though they manufacture cars might benefit them. But to buy with a risk as there car models are not doing well.Be alert and take care while investing if you are a long term investor it is better to buy now for a time period of 3 years. If you are a trader it is good to book profits when there is a rebound rally.HAPPY TRADING AND INVESTING.
Today
Hello and good evening to all. The markets are cool and drooling and the weather is getting hot in Bangalore. Markets are dropping like nine pins and coming down everyday.Today the sensex was down by 262 points reaching 23759 and the Nifty was down by 82 points reaching 7216. The blame is on the International situation and Fii s have pulled out money from markets. Statistics say the money they have pulled out is more than 2008.
The bad thing is in the 9th pay commission lot of money will go, and much money will not be there for Investment and it is not a good thing for Economy and the market. Some defensive stocks like Marico, are doing well, Pidilite is also doing well as these stocks are consumption led that too internal consumption. So, when we buy stocks it is better to stick to paint stocks, Fmcg, Electrical were the investments are not very huge but they sell. It is also said Infrastructure stocks like road building will do well but history says, these companies have huge capital expenditure so it is difficult to service their debt. Anyway India story is strong it has a huge internal market, not much dependent on Exports so, India is a bright spot. If you see any road there will be a shop even footpaths are not spared. So, be with stocks thath are easy to understand like Fmcg, Paints and electrical . Software most of us follow by trading and pharma too. HAPPY TRADING AND INVESTING. Stick to the rule now book profits periodically.
Today
Markets were down today, the BSE sensex went down by 315.68 points to 24223.32 and the Nifty ended by 93.75 points to 7351.8. The markets are mostly down due to the Global factors,Asian equities crashed over a faltering Global Economy and a free fall in oil prices.
Many domestic factors are also responsible for the weakness in the Market. Domestic Private Investment is weak. Concerns of many projects being stalled is there.The Industry has excess installed capacity and sluggish exports are the factors affecting the Markets in the domestic front.It is better to stick to defensive stocks like FMCG, pharma as people will consume these products come what may. It is better to be a trader and book profits periodically.
HAPPY TRADING FOR now.

