Monthly Archives: June 2018

The Nifty NSE index was down by 82 points at 10589 and the sensex was down by 179 points at 35037. The markets are down following the world markets which are on a downward spiral. A selling by Institutional investors is the main cause for a fall in the markets. With a spate of Elections, and with 2019 National Elections approaching, markets are nervous, with the coming together of the third front, which will be a problem of loose confederation of parties in power quarelling with each other. Markets dont like this uncertainity. Ashok Leyland holds a lot of promise. Britannia rose prominently. Stocks like Dabur, Britannia, Hind Lever hold good promise as the demand is consistent.  Ashok Leyland makes commercial vehicles suitable for transport of goods and people. It is also into defence production. But, it is better to be careful as Markets are falling continuously.

Nifty was down by 97 points at 10671 and the sensex was down by 272 points at 35217. A lot of selling by Foreign Institutions is going on. Markets, are in a trading range or range bound. It seems good for traders who want to pocket the difference. One has to keep away from the market for now. As a matter of caution Investors are buying large cap stocks which are defensive in nature. Mid caps are avoided due to the risks involved in prices of these stocks. Large Institutions keep selling in bulk, so markets will be down.

The sensex was up by 260.59 points at 35547.33 and the Nifty was up by 61.50 points at 10772. Improved global cues which have reeled under the trade wars between, India and China have improved the markets today. The markets go up and down, according to the trades done by traders. Markets, are under the control of traders and investors are few in the markets. Markets have become very expensive, for an average shareholder. So, the participation of individuals have come down. Individuals are moving towards mutual funds, were the investments can be made at inr 1000 per month and it is affordable to many small investors. The Mutual funds and institutions are the very large investors in the stock market. That is why, there is a large movement in the prices or markets are volatile. Markets have gone towards trading were stocks are bought or sold depending on the fluctuations. City Union Bank can be purchased    185/    as there is a bonus and it is quoting cum bonus now.  It is better to watch markets for sometime.

Markets, were down today. The increase in FED rates have pushed down markets.FII’s have offloaded Rs. 12000 crores between Feb 1st and March 7th.after having pumped in 13781 crores in January and 49729 crores whole of last year. So, the amount pumped in to equities is more, so markets are still upward on the whole. The worry now is elections coming with Madhya Pradesh, Jharkand to face elections and many bi-elections taking place. This creates uncertainity among investors if the results are anti BJP. and 2019 is not far, were rlections are scheduled in May. Rainfalls are good, which will lead to demand for fertilizers and seeds. A lot of FMCG companies will do well, as they traditionally move up due to higher agricultural income. With the increase in FED rates in USA and increase in RBI rates in India, it will lead to returns on Bonds, thereby reducing returns on equity. The markets now falling due to bond rates is technical in Nature not fundamental. The election fear is the fundamental thing. So markets on the whole are good.

Markets went up the third day being a hatrick. Pharma shares and software are the leaders in the market. A lot of buying is taking place. The most unfortunate thing is we had recommended Titan at inr 873/ on 5th of june 2018, now today the 13 th of june it is quoting at inr 921.50. But, nobody purchased stocks during the begining of June which was a good time to go bargain hunting. Stocks have risen to good levels now. Indian Economy is improving and the GDP is growing. The interest rates have been raised this RBI busy season credit policy 0.25%, which indicates an increase in consumption in the economy. Increase in consumption will lead to more money in companies hands, thereby increasing the value of shares.That is why markets are doing well. But, there is a series of bi-elections and state elections nearing, which will lead to nervousness in Markets. A downside for a short time may be expected, due to local politics. The agreement for disarmament, between Kim leader of North Korea and President Trump of USA has led to a decrease in Geo-political tensions, making the business and markets breathe easy.

Markets are on the upswing since yesterday..  Today , the Nifty was up touching 10787 and the sensex up by 340.42 points at 35519.30. The reduced oil prices which helps the economy grow, the ebbing Tariff wars were the President of USA is talking to his G7 counterparts, to whome he has imposed sanctions. Cheered the Market. Global Markets are up and the early onset of Monsoon has cheered the Market.ON the whole FMCG sector will do well, due to the good monsoons. Shares like Dabur, Marico will do well, due to the good monsoon realising more demand, in rural India. Agricultural equipment like Tractors, tillers will do well. But a word of Caution. Markets had gone down continuously and are recovering now. It might be short covering also leading to inflated prices.  Watch the market before acting.On 28/12/2010, we had recommended Marico at inr 121/ now it is 333. On 12/10/2011, we had recommended Dabur at inr 95/ now it is inr 385/  Source from Moneycontrol.com

Markets were down today. The Nifrty was down by 68 points at 10628 and the sensex was down by215 points ending at 35012. The good news is the Economy has grown at 7.7% in 7 quarters. This is a good achievement indeed.The markets will take this positive step for the long term. The bad thing about the Market is 600 stocks have hit 52 week low and 200 stocks have hit 52 week high on BSE. The continuous rise in petrol rates, and the coming together of the 3rd front is making the market nervous. With a host of elections around the corner anxiety prevails in the minds of the market. Markets, are in a trading range with participation by a few hands. So, the fluctuations in price are much.  

Markets were down today, the Nifty was down by 40 points at 10696, the sensex was down by 95 points at 35227. The Foreign portfolio Investors, have been making more sales than purchases.They are, overweight on NBFC and cement and underweight on energy. Tata Motors gained 2% at 288.35, after may sales rise at 58%. Ashok Leyland jumped 2.7% at 152/,after a 50%jump in may number of sales. Mid caps and small caps are falling due to a lot of selling and the declines are more than advances. There is a fear of auditors resigning, after the Manpasand Beverages episode. The problem with Icici Bank Chairman Chanda Kocchar husband financial involvement with Videocon is a sword hanging over the head. The regulations are strict now, so a lot of scandals are coming out. Good by all means, as prudent financial practices are coming thereby making share holders money safe.