Blog

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.

The markets were flattish today. The Nifty was down by 19 points at 10614 and the sensex was down by 43 points at 34906. The global markets tend to be weak. Participation from institutions and individuals, seem to be very low. The global markets are weak, as there is no definite thing happening in the Trade wars between USA and China. Italy elections the ruling party has lost. They will remain in the Euro, Italy does not have a currency of its own. The weakening European countries will drag down the European Union thereby, bringing down Stock Market.A spate of elections from now till 2019, when Indian union elections are due. Madhya Pradesh Indias most populous state, the elections are due shortly. So, the election uncertainty will keep away investors from Market. Pidilite and City Union Bank, are doing well with good volumes despite falling market.One has to be very careful in selecting good stocks.

Nifty was up by 91 points at 10605 and sensex was up by 261 points at 34924. Oil has come down, and the rupee is strong that is the reason for markets to go up.  Many companies results have been positive. Pidilite Industries the makers of Feviquik and Fevicol have moved up. The competitors are less for them in this field. Markets are still highly valued. One should take care in the Stock Market because, the paper reports state that the popularity of Modi is on the dips. The elections both bi-elections and general elections are fast approaching so, markets might react to the happenings. Participation seems to be OK seeing the continuous price movements since two days. It is more of a range bound trading as we see sharp dips and spikes in the Market.

Hello all, the summer in Bangalore is controllable due to continuous rains. The weather seems to have cooled a bit.Markets were good today the BSE sensex was up by 318 points at 34663 and the Nifty was up by 83 points at 10513. Exact reasons for the market to go up are not there. I personally think it is because of the continuous fall for a week. Buying emerges sporadically when there is a continuous fall.One has to be careful to take positions when there is a rise like this. The recovery was good but many small and mid cap were in the same mode. The recovery was mainly in IT stocks, as they constitute a major portion of sensex the market looked good.  General interest in the market seems to be not there. There is a comment that, shares are overpriced and with many elections around the corner, markets look dull.

  Markets were down today, without being able to continue the positive streak of yesterday. The Nifty was down by 106 points at 10430 and the sensex was down by 306 points at 34344. The weak Global cues and the falling rupee are responsible for the Markets to slide. Though the results have been fairly good markets have not gone up, due to the weak participation by investors and the company results not upto expectations as predicted by the analysts. Good Stocks are good stocks as quoted by Radhakrishna Damani the promoter of D Mart and a legendary Investor. Dharavi is Dharavi and Peddar Road is Peddar Road as quoted by him on his passion for expensive stocks in valuation. The upward movement is held now, due to the weak pshycology of the Stock Market. Bajaj Electricals posted a profit of inr 7.3 crores for March quarter.Gravita rose  2%  at inr 165.60 on Nse, as the company signed a contract with Amar Raja Batteries for lead acid Battery scrap collection and recycling arrangements. Patanjali Toothpaste market share doubles as Colgate looses ground. Patanjali has been promoting Ayurveda toothpaste which colgate tried to catch up. Colgate in the 80s had said in its advertisement that charcoal used in toothpaste was bad but, now it is promoting the same. Patanjali was also a threath to Dabur but now, Colgate seems to be the victim giving advantage to Dabur a home grown FMCG company promoting ayurvedic products. Tata Motors Net Profit falls 50% to INR 2125 crores compared to the same quarter last year. The drop is due to INR 2113 crores investment made by Tata Motors towards new vehicles and Technologies during the quarter.It has been investing continuously and developed new […]

The markets were up today the sensex was up by 35 points at 34651 and the Nifty up by 20 points at 10536. Banking stocks gained though SBI suffered from less profits. Most probably it must be short covering so markets went up. Metal stocks also gained. Shares like Pidilite are gaining the price is 1118/ the makers of fevicol have been doing quite well for sometime now. The demand for fevicol a unique product is up. Ashok leyland was at 141/ The company is manufacturing well in trucks and defense on the domestic front. It also has bagged 12 Defense orders , it is also concentrating on manufacture of Electric vehicles.CCL products is quoting at 303.75 and it has done well this quarter and year on year.It is in the Coffee manufacturing and exporting segment.

Markets are down, may be because the rise in fuel prices and the election results of Karnataka, ie no majority to any party. Karnataka is heading for a coalition Government, giving rise to the rise of the third front and doubts about Modi getting elected again in 2019. Though the opinion about re election is far fetched it is one of the reasons for market to come down. The main reason is crude increasing. As of now the demand for crude might be coming down due to the metro being introduced in many cities, and the car sharing being adapted in many cities. The oil consumption might have come down due to these issues. I personally think the oil marketing countries have artificially increased the prices of oil to compensate the low oftake of oil. The rise of crude oil or oil will have an effect on the Economy as a lot of money is spent on procuring oil. With the rise in crude, shares come down indicating nervousness in the minds of investors. Less participation from investors, will push down prices of stocks. That is why stocks are down. Views expressed here are personal and not sourced from anywhere.

Fortis Healthcare On Backing Munjals And Burmans In Takeover Battle Healthy process was carried out to determine right suitor for Fortis We believe we have had a healthy process to determine who would be the right fit We looked at different binding views from the perspective of certainty Looked at all bids from point of view of liquidity and continuity Hero – Dabur Group got the maximum votes from the Board Liquidity, certainty and risk were taken into consideration for selecting winner Manipal deal was not the favourite among the Board Requested resignation of Singh brothers form SRL board Certainty required that funds flow straight into company Shareholder meeting will be in 30 days Two shareholders, who have over 10 percent equity, have requested EGM on May 22 Five out of eight members are relatively new to join board Three oldest members of the board voted for Hero Manipal Group Board meeting went on for 15 hours. We expect the forensic audit report before the end of May Updated02:29:23 pm Created01:53:55 pm Find Out About All Your Stock Market Queries On #AskBQ

Sensex, Nifty Clock Best Weekly Gain In A Month Ahead Of Karnataka Polls BQ Desk @bloombergquint 11 May 2018, 4:32 PM11 May 2018, 8:56 AM FOLLOW US Editor’s Choice Walmart Vs Amazon Vs Alibaba: 5 Things To Know About The 3-Way War For India’s E-Commerce Market Flipkart Readies To Burn Billions With Walmart’s Backing Ajay Piramal Buys Piyush Goyal’s Company Only To Sell Most Of Its Assets In Months Why Some Indian States Are Facing Temporary Cash Flow Mismatches Is It Time To Bring The Public Debt Management Office Debate Back From The Dead?  SUBSCRIBE to Bloomberg | Quint The Daily Newsletter Subscribe News & Stock Alerts WhatsApp Subscribe facebook Messenger Subscribe Telegram Subscribe Updated04:32:36 pm Created03:49:18 pm Closing Bell Indian equity benchmarks resumed upmove […]