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markets today

Markets have become unstoppable, and they continue to rise like nobodys business, any share you see is rising by the minute and day, the reasons for the high market is the feel good factor prevailing now. the mood is generally good and the country is prospering to a great extent. Never in a long time markets have advanced to a great extent and money is made. Mutual funds are investing to a large extent and lot of money has come through institutional investors that too domestic institutions have put in money.

The Silicon Valley Bank is in trouble. Hidenberg was telling Adani is in trouble, with silicon valley Bank in trouble how do they justify

It is a merry go round as usual, markets rise when the covid fears just abated. It rose to very high levels you did not know when it will reverse. Now, suddenly inflation, Ukraine, Sri Lana crisis is happening. One has to get used to markets, the more you get used to markets you will prosper.

The RBI in a surprise move increased the interest rates. But, the Government is not concerned about increased in GST amount, which is a lot of money. Instead of increasing interest rates which makes borrowing a little difficult, collection of GST could have been decreased which would deploy more funds, in peoples hands thereby, increasing spending in hands of people. I dont say that taxes should be drastically reduced, thereby decreasing the exchequere,but a balance is to be made so that the economy revolves.

Markets were rangebound, not much of gains or losses.Nifty was up by 2 points at 15692 and sensex was down by 13 points at 52372. The markets are stable but not much interest is shown in buying stocks. You see neither a buying pressure or a selling pressure. Basically interest has come down among investors, that is why you see a slight movement in the indices.Ujjivan financial services was at buy freeze ie single upward movement at 244.80.We had purchases at inr212/ on 5th April 2021′. Basically cement stocks and banking stocks will do well, as banking funds will be required for people and interest rates are low, and cement for infrastructure development, demand will be there.Heidelberg cement was purchased at inr255/ on 12th of march 3rd June 2021. today it reached a high of inr266/ and closed at inr260/ As they say good stocks are good stocks. A situation has come any stock you pick up, it is bound to do well. But, that cant remain forever, market forces will react and the market is in trading range now.Meet you next Mondy.

Today markets were up nse nifty up by 112 points reaching 15834.35 and BSE up by 395 points reaching 52880. buying or profit booking on occassional bouts can be done. Marico has reached 530.60 up by 10.75 inr it was 408/ on 16 feb this year. FMCG sector is doing well and the demand for products manufactured by Marico are doing well, products like saffola cooking oil, and parachute hair oil there is a lot of demand. Now markets are doing well you can book part profits, and keep rest of it.

Markets are going an all time high since yesterday ie 7th of June, the reason is might be a boom, it looks like any stock you buy will move up, no fund manager can fail at these times. Wether cement, metals, software, you name it it goes up. Real estate has not gone up but it is awaiting to go up going by the trend it should also go up. There is a talk in the market that it will not fall, as interest rates will not change and money supply is more. Institutions have a plenty of money they can invest. Individuals are a bit pessimistic as they go to the individual level like loss of jobs and salary. they are bogged down by problems with loved and dear ones because of covid. But, as money is surplus with institutions money supply is there, driving up markets.

Cipla and Dabur are good stocks. They are very much in demand as cipla has to produce medicines and Dabur is into FMCG, which are very much in demand as people consume more knick knacks during their home stay. Cipla will be engaged in producing medicines as it is required at this time.

Markets went into freeze in the morning by falling 10%, later on markets recovered with a smart recovery Nifty rising by 365 points reaching 9955 and the sensex ended up by 1325 points reaching 34103. The Carona virus, the main culprit for the market fall in the past week, and Yes Bank problem, Petrol pricing warfare bought down the markets. An extreme incident made the markets fall down and an extreme fall made the markets go up. The recovery might be temporary, as the virus has no cure and the cases are increasing day by day all over the world. The Economy problem is not only related to India, it has spread all over the world. The virus has stopped all economic activity and wealth is not produced. With work being stopped wealth creation stops, so markets have crashed, and the recovery is robust for a temporary phase. The results of companies were average, and the incidents are difficult to face. Stocks are directly related to Economy, and a downward economic activity will lead to fall. So, a long term recovery is anybodys guess and the virus the main culprit is also anyones guess, our whole economic activity hangs in balance.