Today
Markets were up by 575 points in the bse going to 25881 and the nifty was up by 186 points going to 7935.Most companies are reporting good results that is why markets are up. With the ruling NDA winning elections in Assam and opening an account in West Bengal BJP which is a major constituent of NDA has consolidated its position which has made it politically strong thereby able to rule well which will, help the economy grow stronger as hard decisions can be taken. The USA might not raise interest rates which the markets feel very strong. A lot of inflow from fund houses seems to be coming in. Markets are bullish now, after a lull of many years. It is better to buy at dips and sell at advances.HAPPY TRADING AND INVESTING.
Today
Markets were down today the BSE by 69 points going to 25705 and the Nse by 20 points going to 7870, the markets fell due to global cues and the fall was very minor in nature the severe fall was recovered later. Markets seem to be in a consolidation phase and business is going on in a good manner. Profit booking and buying are taking place in regular intervals and markets are steady enough. Investors are making profits and stocks are moving up and down periodically. There is a proposal to increase timings of markets to 5 PM which us a bad one were fluctuations will not be there and trading will be stagnant. Investors and brokers should oppose this move. HAPPY TRADING AND INVESTING
Today
Today markets were down, the sensex was down by 175 points to 25597 and the Nifty was down by 39 points to 7848. The P notes issue caused the markets to go down. P notes are issued in Mauritius and they are not taxed for Capital Gains in India it is tax free. As of now, the law states till 2017 the investments in p Notes will not be taxed they will be taxed only after 2017. Many have said it is a good step but the issue of taxation has spooked the markets. The Markets were raising well till yesterday ie Tuesday but have now fallen. It might be also a technical correction as Markets were overbought. Not much of panic has set into the Markets this might be a reason for correction and a little panic. Good stocks can be bought and profits to be booked periodically. Markets are expected to move sideways till a clear picture regarding P Notes emerges. HAPPY TRADING AND INVESTING.
Today
Today markets were down,the bse was down by 128 points dropping down to 25102 and the NSE was down by 40 points dropping down to 7706. it was a sell off or profit booking all over. With the results season dropping by and some results being good the markets seem to be moving downwards since yesterday as a reaction to the rise it had for some time. The monsoon is much awaited and if the monsoon does not arrive in time it will be a bad time for Dalal Street. Or stock Markets. Now the monsoons are a big thing for the markets and the results being good and some bad the markerts are stable. These corrections are good for markets and vibrant. It is good to book profits periodically. HAPPY TRADING AND INVESTMENT.