Today
Markets were up today,with the sensex going up by 481 points going to 25626 and the Nifty going up by 141 points to 7850. The markets went up due to the reports of a very good monsoon. All Asian markets went up. The result earning season will start from 15th with the results of Infosys coming out on Friday a market holiday. The results of Friday will be reflected on Mondays trading as markets are closed on Thursday and Fridaythe 14th and 15th April and Saturday and Sunday. The markets have gone up after a long Bear spell which is a good news. Much depends upon the fourth quarterly results which is starting now.It is better if Investors be careful before buying stocks and book profits periodically.HAPPY TRADING AND INVESTING.
Today
Hello everybody, the heat in Bangalore has not stopped while, the markets have been cooling and heating on and off. Yesterday the RBI Governor announced a cut in Interest rates by .25% however there was no change in Repo rates. The markets went down yesterday as the markets expected a cut in interest rates by 0.5%. But today ie wednesday the sensex recovered by 17 points to 24900 and the nse recovered by 11 points to 7614.Metals stocks shone while Banking stocks receded..The Railway Minister Mr. Suresh Prabhu wants to give connectivity with the hinterland by decentralising the Railways, with a billion passangers a lot of income is expected.A lot of economic activity will take place with the improvement in Railways and decrease in lending rates.If a close observation is made a lot of stocks have gone up, compared to January. Keep on trading and investing.