Today the 11th of July 2018
Hello All,
Markets were dull today the Nifty was up by 1point at 10948 and the BSE sensex was up by 26 points at 36266.
Markets are dilly dallying, according to its moods. Yesterday, we were talking about receding trade war fears, today it is about trade wars going on between China and the USA. Many shares seem to be in a trading range, with the traders taking over the market. But, one good sign for the week is, market not falling into the negative even after nearly a week. There are a lot of uncertainities now, with the elections fast approaching. Keep a watch on June quarter results which seem to have started well with TCS.
Today the 10th of July 2018
Markets soared today the straight 3rd day, this is the first time market is up since, Karnataka elections. The Nse broke the barrier of 10900 up by 94 points, touching 10947, and the BSE was up by 305 points touching 36240.
Markets rose on higher earnings optimism in the June quarter, and as we had mentioned before the improved price support to Kharif crops, also has led to gains. Rains, all over have been good leading to good crop and leading to good income. Thereby, increasing prices of shares. Reliance with a jv with BP, is bidding for the city gas distribution and Reliance rose to 1021. The decreasing tensions of trade war, has boosted market sentiment.
Markets have gone up after a dry spell. Usually markets catch us unawares. It is better to watch markets all the time, to understand it.
Today the 6th of July 2018
Markets were up today the Nifty rising by 22 points at 10772 and the sensex was up by 83 points at 35657.
Markets are see sawing by up one day and down one day, this is due to lack of participation by institutional investors. What happens is, when markets are dull some interested players take over the markets pulling it up and down. It might be short covering as the markets fell yesterday. A rise and fall of high frequency is not good as it tends to loose confidence in the minds of serious investors. Berger paints is a stock to look out as they have taken over a Japanese Company. Today Auto stocks led the gains. One should not look at gains in one day, a good stock falls, due to trading in that particular scrip.
Today the 4th of July 2018
Today , markets were up by 267 points in bse at 35645, and the Nifty was up 70 points at 10750. The most important news item is the Government has increased the minimum support price for food grains, so the income will raise of the farmers. If, farmers income will rise it will have a cascading effect on all income of the population ie the rural population. This in turn will lead to purchasing power of the rural people, which will in turn lead to increasing income levels of companies. So, it is over all good for the markets.
But markets are instinctive in nature, which will lead to sporadic rise and fall in prices. With the Institutional buying being reduced generally, markets will be down. This increase in minimum support price will be good for markets in long term. FMCG stocks, are good to watch out like Marico, Dabur, Lever , these stocks will be defensive in nature. Titan might be a good buy, as it has a lot of gold jewellery in its portfolio. Anyway, it is better to be cautious now while you buy stocks.
Today the 28th of 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.
Today the 27th of June 2018
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.
Today the 20th of June 2018
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.
Today the 14th of June 2018,
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.
Today the 13th of June 2018.
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.
Today the 7th of June 2018
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