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Markets were up today, the BSE sensex was up by 145.71 points at 28301.27 and the Nifty was up by 53 points at 8778. Markets have recovered due to short covering after selling pressure. In the Auto segment Tata Motors and Maruti have gained. Distinguished technical analyst Ashwani Gujral says that Nifty will continue to remain choppy till it crosses 8820 mark as their seems to be no big money coming into the market. No exciting things are happening and the elections in U.P. , Uttarkhand,Punjab results are due which will have a political impact. If you observe 2016 and now a lot of shares have given good returns. Examples are CCL Products, Sundaram Fasteners and City Union Bank are a few examples. One should concentrate on a few shares and invest or trade instead of the market.A lot of call writing has taken place , which is a downward pressure on the market. So I expect markets to be downward for sometime.  Happy Investing and Trading.

Markets were up today, the sensex up by 84.97 points reaching 28226.61 and the Nifty up by 17.85 points reaching 8734.25 1533 stocks advanced, and 1245 declined. Yesterday on Budget day, sensex made a 486 point rally at 28141. The markets were excited by the good union budget presented by Finance Minister Arun Jaitley. The Budget was good with a decline of Current A/c Deficit by 1% of GDP last year to 0.3% of GDP in the first half of 2016-2017. It is a developmental budget by outlay to agriculture, infrastructure and Industry. Real Estate will do well due to demonetisation affordable housing is inexpensive. So, Real Estate stocks are up. Infrastructure stocks like L&T also have done well, due to increased emphasis on Infrastructure. The FMCG sector will also do well due to emphasis on rural India, which consumes lot of fmcg. Marico has given good results in line with expectations so these stocks will do well. Marico is a leading fmcg.  Banking will do well with a huge demand for money, due to lot of economic activity taking place. But markets are overheated now, it is better to get rid of 75% of your portfolio and keep 25%. Happy Trading & Investing.

Markets are up today the sensex by 51 points at 27308 and the Nifty by 18 points at 8435 The markets were volatile due to the US Fed Reserve stating that interest rates will rise quickly. Oil and Gas shares have risen due to the increase in the price of oil. Large Tech, Government run firms , with low debt and high cash is a good bet for investment. Though the Foreign funds have pulled out of Markets with better expectations of the US Economy with the victory of Trump, markets have managed to stay positive with an inflow of a lot of money into Mutual funds through SIP. Amount of INR 4000 crores are flowing every month through mutual funds. Indian investors are supporting the market, which shows demonetisation is a temporary pain and long term gain.  

Sensex was up by 245 points reaching 26878 and the Nifty was up by 83 points reaching 8273.The markets are in a good mood but there is one fear. A lot of call writing is taking place in the F&O segment, which limits the upside in the market. This is an indication that markets are going to be under stress and it might go down. If markets go up so much there is bound to be a reaction. so markets may be under pressure. A lot of investors feel that, the Fedral Reserve policy is not as hawkish as expected and the dollar is strong. HAPPY TRADING AND INVESTING.

The Markets ended on a positive note today, being Thursday being the last day for F&O. The BSE gained by 155 points the sensex being 26366, the Nifty was high by 68 points being 8103. Auto, Metal stocks rallied. The NSE files a prospectus for its IPO amounting to INR 10,000 crore to sell 25% of its stock. Overall market capititalisation has increased by 1.01% 804 stocks have declined and 1559 stocks have advanced. 1567 stocks are unchanged. In the long term cement stocks will do well with the Government emphasis on infrastructure spending and a revival in rural demand. Asian Markets were weak today. Markets are going through exciting times with new annoucements from Government and the Trump administration faring, Trading range is how markets will be. Book profits periodically you will benefit. HAPPY TRADING AND INVESTING.  

Markets were very down today, the Nifty ended below 8000 at 7979 minus 82 points, while the sensex lost 718 points in 7 straight days at 25979 minus 262 points since previous closing. The fears of demonetisation lingers still in the Market. Market is awaiting the December 3rd quarterly results which is expected to be bad. Sales seem to have come down for companies like fmcg, two wheeler as most of these transactions happen in cash. Rural economy is cash economy, most of the two wheeler and fmcg sales take place in rural India, so the market is bad. The problem is people s income inflow has been hit as many were dependent on cash, so buying  has come down. Buying, is restricted only to the essentials and the rest is kept in abeyance. Commodity stocks like steel, zinc, copper might do well as there will be demand for comodities once the Government starts taking up infra structure projects, which will drive prices of these commodities. Banking stocks will do well due to the huge money inflow they have got, which has resulted in huge treasury gains. Lending rates have been stable and banks are awash with funds, so they can lend at competitive rates which will  lead to more business for banks. The negative factor is the Federal Reserve which is increasing lending rates which will effect borrowing and the international markets will be effected. Trump the President Elect factor is to be seen as he seems to be Nationalistic in persona and is bothered more about US protection. HAPPY TRADING AND INVESTING.

The severe cold has been subdued in my city of Bangalore, the weather is a bit pleasant today.Markets are not that pleasant the Nifty dropped by 28 points to 8153 and the sensex dropped by 83 points to 26519. The Federal Reserve raised the interest rates and this led to the markets down in India and the Rupee becoming weak. Generally all stocks have come down. Banks have gained in principle due to demonetisation as a lot of deposits have flown to banks, thereby raising treasury incomes. A lot of foreign selling has taken place supported by domestic financial institutions to prop up markets. But still, markets are dull. The effect of demonetisation will be there for some more time, taking a lot of time to recover, as people have to get used to a cashless economy which has now thrown many lives out of gear. Demonetisation has got and will get more money into the system. A lot of money with the Government will lead to more spending by the Government thereby,improving the Economy. A lot of Government spending will boost the finances of the people as more jobs will be created leading to creation of wealth. Fmcg, two wheeler, retail, will suffer for sometime due to less cash usaage, Real Estate sector will take a long time to recover as this sector is mainly cash dependent.It is better to book profits periodically. HAPPY TRADING AND INVESTING.

The BSE Sensex was down by 92.89 points at 26559.92 and the NSE Nifty was down by 31.60 points at 8192.90. The market is in a trading range. Whatever gains it had made since last 4 days was snapped today. Reliance JIO a Mukesh Ambani group company announced a boquet of offers which include Data, voice and video till March 31st 2017. This has led to fall in telecom stocks as other companies have not given such attractive offers till now. The Demonetisation drive has effected many businesses as demand from the rural sector is high particularly fmcg and rural India is a cash economy. Maruti and Enfield have done very well as their sales have improved. Consumption will be very low as people mainly workers in small establishments are not getting their money due to currency shortage. The Real Estate Sector is down due to the ban on Rs 500 and Rs 1000 notes. Real Estate is carried out on cash and cheque basis. India has to get used to bank transactions to get on to normalcy. The next quarter results are to be seen to study the market. Markets will tend to be weak for sometime and much time is required to pick up. Meanwhile opportunities are there for picking stocks. HAPPY TRADING AND INVESTING.  

The date today is 24th November the last day of the month for trading ie your F&O positions are carried over to the next month or trading SESSION. The premium given to Nifty Futures show that Bulls are incharge. The markets were down today the BSE sensex down by 191.64 points at 25860.17 and the Nifty down by 67.80 points at 7965.50 but on the whole 1350 shares advanced against 1205 declines.Due to the demonetisation effect lot of money is leaving emerging markets like India,Financials, technology, Consumer discretionary and to an extent Industrial sector are doing well. Continued disruption in Rajya Sabha also is causing downfall of markets. The demonetisation has caused a ripple in the market thereby, decreasing sales of goods in the market resulting in less profitability in companies. There is an opinion that Indian Markets are in a Bear phase and economy is likely to contract for the next few quarters. The postponement of GST council meeting has also hit markets.Better to slowdown buying book profits periodically that is the best way to keep afloat. HAPPY TRADING AND INVESTING.  

Markets were up by 265 points the sensex risimg to 27517 and the Nifty u by 94 points rising to 8525. Lot of short covering took place, with a lot of shares rising. Euopean shares also rose to certain extent. Trumps victory was an unexpected event for the market and the bold move of demonetising the currency was a shocker on the first day. Markets have recovered from both shocks and Investors have taken both events in their stride. The demonetising of currency has led to hopes of a better economy and eradication of black money which was a retardation for development. The GDP is expected to improve with the bold step and inflation will be under control. There might be a temporary setback for sometime, but economy will be better after this problem. Overall Trump seems to have found favour with India. Happy Investing And Trading.