Monthly Archives: December 2017

Today the market traded for the last day of the year. The Sensex was up by 209 points reaching 34056 and the Nifty was up by 53 points at 10530. The Nifty has given a return of 29% this year. Mutual funds have pumped in huge sums of money into the market. Markets, are not depending only on FII money now. With the winning of Shri Modi as Prime Minister, and the continuous success of the BJP in elections held in many states the party has become stronger and political stability has given impetus to the Stock Markets. Stocks across all sectors have started rising due to the impetus given by the Government for development across various sectors. Construction has been given thrust which is created a demand for cement stocks, Paint stocks demand have petered out due to the rising cost of Petrol which is used in manufacture of paint. Many industries have started doing well. Textile stocks, power stocks, retail all have done well due to the demand. There is an improvement in all sectors and very few stocks have given low returns. Inspite of this,it is better to be careful while selecting stocks, and great care has to be taken. 2018 the market is of the opinion will not be as good as 2017. But we market men accept the best. WISH YOU ALL A HAPPY NEW YEAR.

The BSEsensex rose by 184.02 points to 33,940 and the Nifty rose by 52.70 points to 10493 little below 10500 level a life time high. Markets rose to a record close on Christmas break. Oil, Technology and Financial and Banking Stocks led the rally. Many scrips were trading higher levels. Markets are confident and one should trade looking at the shares than the market. Participation by Mutual funds and financial investors are still there. One dangerous thing, is erupting in the Market. People are asking what to do with the money if stocks are sold. This is a bad thing, as when these questions are asked markets usually crash. We have many positive developments now like, a stable Government, good corporate results but, a low GDP. It is better one books profits periodically and hold on to minimum stocks. Happy Trading and Investing.

Markets were up today, the sensex closed up at 33,250 up by 301.09 points. The Nifty gained 99 points closing plus at 10265.70 points. The RBI policy stated on Thursday remains unchanged, but the markets recovered today from a dull closing yesterday. Markets were or are still bit nervous about the Gujarat elections the first phase which is to be held on 9th of December ie Saturday. The feeling among market circles is that BJP will retain Gujarat but might loose a little bit of vote share. Tata Motors might go up according to the Credit Suisse report, citing JLR might have double digit growth in December. Heavweights like Maruti Suzuki,, NTPC, L&T, Bajaj Auto boosted market sentiment. Ashok Leyland might also do well as it is increasing as reports by some fund houses.LT Foods or Daawaat will do well it is around inr 80 now, we have observed the share at inr 65/. the demand for Basmati rice, processed by Daawat is high and they have set up a plant in Rotterdam to meet Foreign demand. City Union Bank also has moved to inr 75 plus which was observed since inr 30.CCL is at 311 which has been observed since inr 65. The makers of instant coffee of different types. All stocks are riding high now. Better be careful, book profits periodically and re enter at a comfortable price level wether low or high it is OK.

Though the GDP and Industrial production figures were good, markets were down today.The nifty was down by 104 points at 10121 and the sensex was down by 316 points at 32832. The participation by institutions both foreign and domestic has come down, so there is not much activity in the market. The results of many corporates are good, but still markets are down.  The elections in Gujarat is one factor which might be effecting the markets. It is better to go slow on buying and book profits periodically.HAPPY TRADING AND INVESTING.