Monthly Archives: April 2017

Markets have a long weekend, till Monday as it is May Day being May 1st. closed from Saturday . It was a good week for the Stock Market.The Markets touched an all time high the sensex closing at 30,133 on 26/04/2017.The Nifty maintained the 9300 plus level. The French elections were a booster for the European Markets which our markets also took the cue. According to stastistics on 27th April 2017, DIIs poured in inr 1 lakh crore.The results have been mixed ie the 4th quarter results reflecting upon the performance of the Markets on Thursday 27th April and Friday 28th April. The markets were down on both days due to Bull unwinding and mixed results. Yesterday being Thursday 27th April was the last day for Futures and Options. Today the Nifty was down by 38.1 points at 9304.05 and the sensex was down by 111.34 points at 29918.40. The Nifty was holding 9300 levels due to Banks support.Markets are down due to retail sales which is a reaction. Tata Motors is a good share hovering around inr 455 and inr 460/. Better to book profits periodically and be scrip specific in the market. HAPPY INVESTING AND TRADING.

Markets were down today the BSE Sensex was down by 57.09 points at 29365.30 and Nifty was down by 17 points  to 9119.40. Even though markets were down Broader Markets were good while 1455 shares advanced against 1417 declines. Markets expect a rate hike by RBI in August. Investors are cautious due to mixed earnings and French elections on Sunday, were if the party expected to win might choose to come out of the European union.FII’s continue to remain a net buyer in debt segment and a net seller in Equity segment. Gross Equity purchases stood at inr 3838.67 crores and Equity sold at inr 4403.79 crores. Gross debt purchases stood at inr 1745.48 crores and sales stood at 1146.57 crores. B group shares continue to do well that is why we see, the broader market up. Aditya Birla Fashion and Retail (ABFRL) is a good stock quoting around INR 180/ the popular stores which sells fashion wear in different places and malls. Stores are in different names but managed by ABFRL . Tata Motors is a good stock quoting around inr 140/. Stocks are rising and falling giving a good opportunity for both buyers and sellers. It is better to be stock specific and book profits periodically and re-enter at lower levels so that, you get some cash in hand. Happy Trading & Investing.

Markets were down today the sensex down by 47 points, touching 29927 and the Nifty was down by 3 points touching 9262. The markets went down today due to a Bull fatigue during the past few days. The sensex, had touched 30000 a high after a few years and it came down today in the early morning trades, later it recovered due to the RBI policy which remain unchanged and markets recovered due to short covering. Banking shares will do well due to the surplus finance available with banks. The monsoon is playing truant which is effecting production in many factories. Bad monsoon, is not a localised factor but will have an impact all over, Grasim is getting the rayon grade pulp from Canada which is a serious thing. Stocks connected to agriculture should be avoided as rains are not there, thereby effecting the purchase of Agricultural implements and tractors. As of now Industrial demand is up as consumption story is intact due to the rise in service sector. In India as many people are not investing in Stock Markets the impact is very less due to bad monsoons.One should start booking profits and enter at lower levels. HAPPY TRADING & INVESTING.