The index was up by 50 points closing at 11941 and the sensex was up by 136 points closing at 40402. The sensex hit a record high. The markets are going up due to a lot of all round buying. US markets are also up, the global markets are up except Nikkei the Japanese index and Jakarta. The auto sector is showing a bit of improvement, Life insurance companies are doing well, with the improved results of insurance companies. But they seem to be highly priced, and should not be purchased immediately. Fund buying also goes on, with the high gowth in Index stocks it shows mutual funds will be buying.

Tax rate cut expectations pushed sensex up 600 points, samvat 2076 started on a bull run , as the nifty50 and the sensex closed above the crucial resistance level to a 4 month high on October 29 helped by short covering. The sensex rose 581points to 39831, while Nifty closed 159 points at 11,786.The market which was already trading at a positive bias picked up momentum after media reports suggested that PM Narendra Modi and Finance Minister Nirmala Sitharaman are planning a series of tax alignments for equities in the comingweeks in a bid to furthur boost investor sentiment, sources in the Finance Ministry and Niti Ayog said. 50 stocks closed highest level since budget. 1055 stocks advanced and 732 shares declined on NSE. A 6% growth for the whole year is expected says Mark Mobius veteran investor. Mikesh Ambani the richest person in Asia says Indias economy slowdown will reverse in coming years, and Reliance will be investing in Saudi Arabia. Mahindra and Mahindra has delivered close to 13500 vehicles on Dhanteras,the number was higher than deliveries last year.We had recommended Mahindra & Mahindra at 550/ on 27/08/2019, quoting 611.80 on Nse today. Most ideas today are sourced from Bloomberg quint and Moneycontrol.

Matkets were flat today, ie in between they went up well and closed flat. The corporate results are mixed, and the mood of the markets and investors seem to be in a bad mood. It is in a trading range. The stocks which were doing well have been doing bad. One has to take care in investing and book profits periodically.

Markets were good in the start and ended downward, at the end. The trading is listless with no interest to trade, trading for the sake of trading seems to be the mood now, markets participants with real interest has come down. People are interested in speculation and futures and options. When bulk of trading takes place this way , interest in markets go down as participants are less. Some selective stocks can be bought and sold. Take care while investing and trading.

Markets were down today, sensex was down 244 points at 38061 and the Nifty doen 74 at 11283. The Banks NPA crisis has taken a toll on Markets, as most Public sector banks have NPA the confidence in the system has shaken. The age old wisdom of lending with prudence has to come back.

Mid cap and small cap stocks. It is said not to follow mid cap and small cap stocks, as they might deceive you. What is mid cap today might be a latge cap tomorrow. Eg.. Berger paints which was quoting at inr 264.80 on 15th jan 2018 is inr 441.45 on 27th sep 2019. It is a growth of 66.71%. The stock market should be looked into the workings of the company and volumes of the share. Better the volumes, good is the share due to good workings of the compay.

The Nifty fell by 12 points and the sensex went up by 7 points to 11588 and 39097 respectively. Today it was a healthy correction after two blockbuster days. PSU Banks plummeted and IT stocks shined. Though PSU Banks plummeted City Union Bank rose to 223/ rupees a rise if rs7/ 3.24% appreciation, this bank we had recommended at 45/ on 24/09/2010 a nearly 43% plus every year or nearly 388 % rise in 9 years. Some stocks though banking sector is weak will be profitable. Stocks like CUB have less NPA, and are performing well.Keep an eye on selective stocks and track their movement.

The markets were up today, the senex up by 1075 points at 39090 and the nifty up by 326 points to 11600. There i a lot of short covering so the markets are up. Short covering means selling stocks in anticipation stocks will come down, before the Finance Minister announced the cut in corporate taxes markets were down, so market players had oversold stocks thinking that, they will come down. This has led to the markets going up as a lot of buying has taken place, as market players have sold a lot of stocks, so they are buying stocks, that is why markets are going up.

The Finance Minister slashed corporate Tex, the stock markets went up. But the demand is slow. the manufacturers should study market and produce, whatever tax exemptions are given, it will not be for long ie stocks cant remain good for long. The conditions are different, as my dear friend had stated the manufacturers should find markets abroad.

Markets were down. It is one one day and down the other day. Today, almost all scrips were down. The drone attacks on Saudi Arabia has got a fear that, oil prices might rise. Were most of our oil is imported will lead to a economic slowdown. Automobile stocks and banking, FMCG, are mostly trading in the market. With the existing slowdown, and now with the rise in petrol prices with geo-political tensions will lead to a bad situation. Like rubbing salt on a persons wound the burning in the market psyche is more. At this situation still one can keep an eye on Dabur, City Union Bank. Lal Path labs, Pidilite. Infact pidilite which depends on petrolium for raw material is down now because of the drone attack. it can be bought because the product like Fevicol, M-Seal will always be in demand.