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The Market was flat today, the Nifty was up 4 points at 9934, and the Sensex was up by 24 points 31687. Mid caps were down and not much of interest is their in trading of market today. Many are of the opinion that, it is better to book profits atlest partially . Stocks are going up in a selective nature. Today’s announcement that electric cars will be made mandatory in some time. This law will be a blow for the conventional cars, and automobile stocks are to be watched carefully. A lot of funds are flush with money and they are investing into the market this is pushing up the prices of stocks. But, there is an element of fatigue were the market gets tired, and it starts falling down. The stocks to be watched are Private Banks, Non Banking Financial companies. Another aspect to be cautious is, the statement by the Former RBI Governor Mr. Raghuram Raja stating that while the world Economy is improving India growth is down, and such high liquidity in the markets is surprising.  

The Nifty was up by 5 points touching 9857 and the sensex was up by 28 points touching 31596. The markets are not giving a clear direction, they are in a trading range, giving opportunities to both buyers and sellers. One has to be careful in such markets were the undertone is bullish. 40 stocks have more than doubled, to give upto 500% returns  in 2017. Yes, some stocks might do well but some stocks can wipe out the entire net worth. This week was quite eventful, with Infosys head Sikka, quitting in a huff and criticism from both the board and promoter Narayan Murthy, regarding the behaviour each one throwing punches at each other. With the news that Nandan Nilekani might be made the head, Infy went up thereby making Investors happy. According to Ambreesh Baliga if the Nifty crosses 10,000level, the selling in market might take place. The markets are eagerly waiting for the results of Jackson Hole meet. Today the Nifty ended 0.2% higher but the broader market underperformed.PSU Banks gained after a alternative mechanism for merger announced by the Government. Pharma stocks were in the limelight as analysts feel, they are attractively valued. Liquor stocks soared after S.C clarified Highway liquor ban is not applicable within city limits. Investors should stick to Private Banks, as public sector banks, are known for high NPA and corruption among staff in lending.

Markets came down today,the sensex down by 270 points coming down to 31524 and the Nifty was down by 67 points at 9837. The main reason being the resignation of the CEO Shri Vishal Sikka. Mr. Sikka has stated that he is sad of the alllegations made on him by the promoters mainly mentioning Mr. Narayan Murthy. Infosys being a stock which has weightage, on the Sensex and Nifty, has caused a bad crash in the stock market. Tings don’t seem to be going on well with Mr. Sikka and Narayan Murthy. Mr. Murthy has said that, he will respond to the allegations at the right time. Otherwise the Markets dont seem to be in a rude shock, except for the initial reactions it has recovered a bit. Many stocks have fallen down marginally. One should not hurry to buy stocks.

Today, the 11th of August, Friday the markets came down.The Nifty was down by 109 points falling to 9711 and the Bse sensex was down by 318 points falling to 31213.  The fiscal position seems to be very bad the Central Bank is paying the lowest dividend of $ 4.6 Billion to Government  the lowest in five years.  The results of corporates the 1st quarter are not very encouraging.   When interest rates are cut it shows that more consumption has to be induced into the system. The interest rates are cut now, so the consumption is less which translates into lower production and lower profits. A lot of reasons are atributed for the market going down, like the Geo political factors like the North Korea and the US stand off, the hostility of China towards India. The markets had a Bull run for a unprecedented long haul and now the Bulls are tired which is leading to a lot of unwinding of positions or profit booking. It will take a long time for the markets to recover. HAPPY TRADING AND INVESTMENT.

TODAYS ARTICLE WILL NOT APPEAR TODAY DUE TO MY PRE OCCUPATION WITH SOME OTHER JOB.

TodayNifty was down by 6 points at 10014 and the sensex was down by 73 points at 32309. The market snapped a 5 day winning streak. the markets are strong due to the Mutual fund buying and no bad news coming from any corner. The quarterly results seem to be mixed and the markets are quite stable. The negative factor is the China factor, though not much of a concern as the Chinese are concerned about their trade imbalance. GST seems to be accepted by all, it needs some time to set  right, as merchants and producers have to get used to it. Feel good factor is there in the market so it is reaching good levels.

The markets were up today, the Nifty was action packed swinging between 9975 points to 9915.25 closing at 9915 up by 41 points, the sensex was up by 124 points at 32028. The market feels that, it is better to be careful if nifty reaches 10000 points as it seems to be over valued.This sort of fluctuation is normal in consolidation phase. It has been an action packed week for the markets, with the 1st quarterly results coming through, which seem to be mixed. Today was the AGM of Reliance Industries, which announced a bonus issue of 1:1, around 2lakh crore investors wealth has been added since JIO was launched. Balaji Tele films soared 8% after Reliance picks up 25% stake for 413 crores. The 1st quarter results have to be closely watched to trade in the markets. Better be careful with mid cap stocks in these conditions.Happy Trading and Investing.

Markets were marginally down today Nifty by 5 points at 9886 and sensex by 6 points at 32020. This week ie yesterday being Thursday the 13th July sensex reached 32000 the lifetime high . There has been a correction in food prices, that is why the market is going up. The feel good factor in the market does not seem to be good. It is said that Ola drivers are doing intra day trading in the exchanges. Usually drivers are not a knowledgeable lot so if they involve in trading it is not a good sign. Valuations seem to be high, so it is better to sell shares at a profit and keep minimum stocks. It is better to have more cash in hand now in this over heated market. GST seems to be doing good for the stock market as stocks have risen and profits have been made in stocks. The first quarterly results of TCS has been bad but Infosys did well. The quarterly results of companies are to be seen now, to gauge the markets well. Politically conditions are good accept that of China, which India is dealing well. There are expectations that China will not declare a full scale conflict as they do not want to disturb their trade. Institutions are investing in stocks in a big way, mutual funds are getting big money. So, one has to be careful as heavy inflow must not drop.    

Markets were flat today with the Nifty closing by 8 points at 9665 and the sensex also closing by 8 points at 31360. The markets have been hunky dory this week with intemittant rising and falling within the week and trading days. Nitin Spinners is a good share with some institutional investors quoting around 135/ it need not be purchased now, but later when it comes to 125/. The China factor is one worry but with our ties with israel, it will prevent China from doing anything anything aggressive. China also wants peace due to their trade ties. The business in markets is on a medium scale with rises and downs. Retail participation for individual stocks is less and a lot of fund activity is going on. The funds either buy or sell in large quantities which effect the market. The trading is on a trading range.

Today the Sensex was up by 64 points at 30921 and the Nifty was up by 16 points at 9520. The markets are tired of getting into a bull orbit. It has started reacting at higher levels and is coming down. Many people say GST is the reason for market to react. Yes, GST is responsible for many people not disposing their existing stocks, as they are unaware of the consequences that might occur in the new tax structure. Today many shares achieved 52 week highs even though the movement was not much. A lot of volatility is taking place in the market. It can be a few hundered points down in the morning and rise in late trades, as it has happened today. This shows, lack of interest in the market as many buyers are not there. This sort of a situation arises, when participants either buyer or seller are less in the market. GST will be good as taxation structure will improve and gain for the Economy, leading to a booming stock market.