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The BSE Sensex closed down at 34010.76  down by 286.71 points and the Nifty closed by 93.20 points at 10452.30. Markets have become volatile and one should be careful while trading and investing. The volatility in crude oil prices and increase in trade deficit has hit the market. PSU lenders like SBI and Bank Of Baroda declared their exposure to PNB fraud case that raised concerns, over risk management in Banking space. Mid Cap expert Porinju Veliyath continues to be bullish on Infrastructure stocks, as their is a huge deficiency of infrastructure in India. India needs to spend inr 10 to 50 lakh crores over next 10 years. Martkets will continue to be volatile and one should not expect returns of 2017.

The markets reversed, all gains it had got on Wednesday which is falling since 1st of February.The BSE sensex was down by 407.40 points at 34005.76 and the Nifty fell by 121.90 points at 10455. The broader markets , outperformed the frontline stocks. The Nifty midcap ended with 0.2% gains. In BSE 1400 shared advanced  against 1358 declines. The reason for the markets to fall is the US Federal Reserve interest rate hikes.The Nifty midcap ended with a 0.2% gains. Many feel the fall may continue, but there could be bargain hunting in quality stocks, which may support the market.Nikhil Kamath co founder and head of trading Zerodha feels that, looking at the strength of the Indian Market on the back of weak global cues, he is changing outlook from slightly bearish to neutral. The rise in interest rates ie rise in treasury yields will stroke inflation, which will lead to a fall in stock prices. Quality stocks will always do well. We have held on to Marico quoting at 297.20, City Union Bank quoting at 160. These stocks, have done well they might have fallen, from the peak attained recently but are on  a high compared to the prices year ago. The information is from Moneycontrol, Bloomberg quint and own .

Markets rolled down today,the Nifty falling down by 256 points to 10760and the sensex fallinng down by 840 points to 35066.Long Term Capital gains tax was introduced in the budget dated 1st February 2018. All stocks wether mid cap or sensec stocks were down. Many factors are attributed to the fall in the market. Yet some good stocks like Gravita, Ashok Leyland, DLF Cement have remained steady inspite of market crash. Though the Finance Minister is giving assurances about the market the sentiments are bad.

Markets reached a record high today. The BSE sensex posted seventh weekly gains of 251 points at  a record high of 35511, and the NSE Nifty gained 78 points at 10895, it is the longest run since 2012. The q3 results are very good that is why markets are going up. The Government has cut additional borrowing from inr 50000 crore to 20000 crore. This cut, in borrowings has stimulated the stock markets.Banks, the main driving force in the market has driven stocks up,.

The New Year has brought cheer to the markets, with plus all over. The Nifty was up by 30 points at 10681 and the sensex was up by88 points at 34592. ICICI Bank, RIL, HDFC drove the sensex and Nifty to a record close amid earnings. Markets are up by 1% in a week.The markets are up as December quarter earnings, so far have been good. Infosys, TCS and Indus Ind Bank,numbers are largely in line and Karnataka Bank posted a strong q3 with Asset quality improvement. Infosys q3 results have been good. The Net profit rose to 37.7% to Rs5130 crores in the October December quarter.The bottom line beat estimates after the Company reversed income tax provisions of Rs 1432 crores made in previous years after signing an Advance pricing agreement with US Internal Revenue service. The reversal of Income tax provisions is not a good sign as it is a calculation which has impressed the books. The income is not due to actual performance accept that it has signed an agreement.   TCS fell post q3 earnings to 1.79% to Rs 2740 after announcing 3rd quarter numbers. The company said its sales from the banking and finance sector, which contributes most to TCS fell 2.1%. The markets reacted sharply in between trading, due to the differences between supreme court judges and the Chief Justice, but later recovered. Now, the 3rd December quarter earnings will be out, and markets depend upon the earnings. The mood of the market expects earnings to be good. Some of us,are of the opinion this is a pre budget rally, so it is better to liquidate 75%of holdings and have cash if there is a reaction. The material has been taken from […]

Today, the Nifty was up by 54 points at 10558 and the sensex was up by 184 points at 34153. It is common knowledge that, when funds come into any market it raises the prices of the commodities or services they deal in. Similarly, the stock Market is no different. A lot of money, is coming from Mutual Funds. Especially the young Investors are investing in Mutual funds and the Systematic Investment Plan (SIP)has caught up. This gradual infuion of funds, into the market keeps the prices steady and upwardly mobile. Less selling is taking place. The participation is a lot more now, because of the big basket of Investors. A lot of positive developments are taking place in the market place. As I have mentioned in the last paragraph, the systematic infusion of funds by investors through the mutual fund route has kept the markets good. We used to depend ore on FII money before, so there would be a sudden withdrawal of FII funds, that would lead to collapse of the Market. Now, domestic funds are supporting the market. Telecom major IDEA Cellular is raising inr 3250 crore from Group Promoter Aditya Birla. This shows the companies are strong. JLR volumes have gone up 49%, which is a subsidiary of Tata Motors. Maruti, Tata Motors and Honda have increased their Market share in 2017. Which shows a lot of money is in the hands of people. Motherson Sumi the leading auto component major has acquired M.S.Global India a multi national auto component major. Companies, are expanding their reach and Stock Markets are supporting them by allowing them to raise capital. Stock Markets are the barometers of the Economy. India is a shining example, as more money […]

Today the market traded for the last day of the year. The Sensex was up by 209 points reaching 34056 and the Nifty was up by 53 points at 10530. The Nifty has given a return of 29% this year. Mutual funds have pumped in huge sums of money into the market. Markets, are not depending only on FII money now. With the winning of Shri Modi as Prime Minister, and the continuous success of the BJP in elections held in many states the party has become stronger and political stability has given impetus to the Stock Markets. Stocks across all sectors have started rising due to the impetus given by the Government for development across various sectors. Construction has been given thrust which is created a demand for cement stocks, Paint stocks demand have petered out due to the rising cost of Petrol which is used in manufacture of paint. Many industries have started doing well. Textile stocks, power stocks, retail all have done well due to the demand. There is an improvement in all sectors and very few stocks have given low returns. Inspite of this,it is better to be careful while selecting stocks, and great care has to be taken. 2018 the market is of the opinion will not be as good as 2017. But we market men accept the best. WISH YOU ALL A HAPPY NEW YEAR.

The BSEsensex rose by 184.02 points to 33,940 and the Nifty rose by 52.70 points to 10493 little below 10500 level a life time high. Markets rose to a record close on Christmas break. Oil, Technology and Financial and Banking Stocks led the rally. Many scrips were trading higher levels. Markets are confident and one should trade looking at the shares than the market. Participation by Mutual funds and financial investors are still there. One dangerous thing, is erupting in the Market. People are asking what to do with the money if stocks are sold. This is a bad thing, as when these questions are asked markets usually crash. We have many positive developments now like, a stable Government, good corporate results but, a low GDP. It is better one books profits periodically and hold on to minimum stocks. Happy Trading and Investing.

Markets were up today, the sensex closed up at 33,250 up by 301.09 points. The Nifty gained 99 points closing plus at 10265.70 points. The RBI policy stated on Thursday remains unchanged, but the markets recovered today from a dull closing yesterday. Markets were or are still bit nervous about the Gujarat elections the first phase which is to be held on 9th of December ie Saturday. The feeling among market circles is that BJP will retain Gujarat but might loose a little bit of vote share. Tata Motors might go up according to the Credit Suisse report, citing JLR might have double digit growth in December. Heavweights like Maruti Suzuki,, NTPC, L&T, Bajaj Auto boosted market sentiment. Ashok Leyland might also do well as it is increasing as reports by some fund houses.LT Foods or Daawaat will do well it is around inr 80 now, we have observed the share at inr 65/. the demand for Basmati rice, processed by Daawat is high and they have set up a plant in Rotterdam to meet Foreign demand. City Union Bank also has moved to inr 75 plus which was observed since inr 30.CCL is at 311 which has been observed since inr 65. The makers of instant coffee of different types. All stocks are riding high now. Better be careful, book profits periodically and re enter at a comfortable price level wether low or high it is OK.