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Today

Hello everybody, the heat in Bangalore has not stopped while, the markets have been cooling and heating on and off. Yesterday the RBI Governor announced a cut in Interest rates by .25% however there was no change in Repo rates. The markets went down yesterday as the markets expected a cut in interest rates by 0.5%. But today ie wednesday  the sensex recovered by 17 points to 24900 and the nse recovered by 11 points to 7614.Metals stocks shone while Banking stocks receded..The Railway Minister Mr. Suresh Prabhu wants to give connectivity with the hinterland by decentralising the Railways, with a billion passangers a lot of income is expected.A lot of economic activity will take place with the improvement in Railways and decrease in lending rates.If a close observation is made a lot of stocks have gone up, compared to January. Keep on trading and investing.
By |April 6th, 2016|Uncategorized|Comments Off on Today

Today

Markets sky rocketed today,the sensex was up by 438 points going to 25338 while the NSE was up by 138 points going to 7700. The FED Governor Janet Yellen has said that at present the FED will not raise interest rates and might raise it later. The Anti Dumping Duty on steel is extended but still local steel companies will not improve because many steel companies have lot of debt. The market valuations were cheap for long time so prices are moving up now.  There is a domestic institution participation in the market, the bad news seems to be fading out both in Europe and India. State Elections are due in April and May which is important for the ruling BJP this development is to be waited and watched.  Mr. Vijay Mallya the wilful defaulter has said he will pay Rs 4000 Crores by September out of Rs 9000 crores he has to pay the Banks. This is one of the reason for markets to go up. It is better to book profits periodically. HAPPY TRADING AND INVESTING.
By |March 30th, 2016|Uncategorized|Comments Off on Today

Today

Hai, Im back after a cool vacation in Coonoor with three lovely friends and my wife. The markets seem to be doing ok with corrections at the proper time. Today the markets started on a weak note but went up by 131 points the sensex reaching 24682 points and the nifty up by 38 points reaching 7499. The outcome of the Fed meeting due tonight has had a positive impact on the markets. Private Banks, FMCG and select technology stocks went up which helped the market rebound.Analysts expect the market to hit record high in the next financial year, though in short term it may remain rangebound. Vaibhav Kapoor of IL&FS feels Nifty could inch towards 9000 mark by March 2017. if the monsoon turns out to be good and global factors settle down. At present it is better to buy and book profits selectively in stocks as markets offer a good opportunity to exit. Tata Motors is one such stock were exits have been made by me. ITD cementation which is in the Infrastructure sector seems to be a good stock as Infra has been given impetus by the present Government. FMCG stocks will be a good stock if Monsoon arrives at the proper time. Banks will do well as the Jan Dhan Yojana seems to attract a lot of depositors. Banking will be a good sector to invest in as India as a country will attract a lot of depositors and Banks are bound to do well especially, Private Banks as they are out of Government control.HAPPY TRADING AND INVESTING.
By |March 16th, 2016|Uncategorized|Comments Off on Today

Today

Markets were down today, may be due to the profit booking. Quantitative easing by the European Central Bank is expected tonight. So,markets might look forward to it nothing much to talk about. HAPPY INVESTING AND TRADING.
By |March 10th, 2016|Uncategorized|Comments Off on Today

Today

Markets went up today with the sensex rising by 463 points to 24242 and the nifty rising by 146 points to 7368. The budget has been good giving maximum impetus to Agriculture and income tax slab have been unchanged. FDI has been provided in food processing Industry which will provide a fillip to Agriculture. The Asian Markets were also good which was a boost for Indian markets. Foreigners as well as domestic funds have been buying in the market thereby boosting valuations in the market. Many stocks have moved due to good valuations to buy providing an excellent buying opportunity. It is better to sell stocks which have appreciated post budget and keep on booking profits when the value rises. Better not to hurry take gradual steps. Happy Trading and Investing.
By |March 2nd, 2016|Uncategorized|Comments Off on Today

Today

Hello all, the markets continue to derail. The BSE sensex went down by 321 points going to 23089 and the NSE went down by 91 points going to 7018. Oil prices coming down ,the Rail budget tommorrow and F&o EXPIRY bought down the Markets. According to JP Morgan China factor need not be feared, but a lot of portfolio allocation is taking place. No particular reason is attributed to the fall in the markets there does not seem to be any buying interest left in the Stock Markets as of now. Still talks of over valuation of equity prices is going on but investors are frustrated with prices moving southward. Investors are also confused with the Long Term Capital Gains might be for three years instead of one year. This reason has added to the fall in prices in the Market.  Collect stocks gradually at lower valuations and sell at rebounds. Happy Trading and Investing.
By |February 24th, 2016|Uncategorized|Comments Off on Today

Today

Today Markets went up by 190 points at 23381 and Nifty went up by 60 points at 7108. Markets recovered after a initial fall and closed positively at the end. Markets are dicey with full of uncertainities so all technical analysis, does not work now as the sentiment is down. Infact the Indian condition is ok. According to Kotak Mahindra Mutual Fund the oil Prices have fallen and India is saving USD 70 billion so India is falling with a parachute while other emerging Markets do not have a parachute. This saving will be put to good use by the Government and the result will be seen only after a time lag.  For a question put to Kotak Mahindra Mutual Fund if the markets are going to fall a furthur 20% they say to sell your house and buy shares.  According to Kotak Mutual fund retail investors own only 10% of equity market and with market coming down retail investors can increase their valuation in the market. Tata Motors seems to be going up slowly, their sales of Jaguar cars from JLL their company seems to be doing well, with the Commercial activity picking up in the country trucks the main stay of Tata Motors though they manufacture cars might benefit them. But to buy with a risk as there car models are not doing well.Be alert and take care while investing if you are a long term investor it is better to buy now for a time period of 3 years. If you are a trader it is good to book profits when there is a rebound rally.HAPPY TRADING AND INVESTING.
By |February 17th, 2016|Uncategorized|Comments Off on Today

Today

Hello and good evening to all. The markets are cool and drooling and the weather is getting hot in Bangalore. Markets are dropping like nine pins and coming down everyday.Today the sensex was down by 262 points reaching 23759 and the Nifty was down by 82 points reaching 7216. The blame is on the International situation and Fii s have pulled out money from markets. Statistics say the money they have pulled out is more than 2008. The bad thing is in the 9th pay commission lot of money will go, and much money will not be there for Investment and it is not a good thing for Economy and the market. Some defensive stocks like Marico, are doing well, Pidilite is also doing well as these stocks are consumption led that too internal consumption. So, when we buy stocks it is better to stick to paint stocks, Fmcg, Electrical were the investments are not very huge but they sell. It is also said Infrastructure stocks like road building will do well but history says, these companies have huge capital expenditure so it is difficult to service their debt. Anyway India story is strong it has a huge internal market, not much dependent on Exports so, India is a bright spot. If you see any road there will be a shop even footpaths are not spared. So, be with stocks thath are easy to understand like Fmcg, Paints and electrical . Software most of us follow by trading and pharma too. HAPPY TRADING AND INVESTING. Stick to the rule now book profits periodically.    
By |February 10th, 2016|Uncategorized|Comments Off on Today

Today

Markets were down today, the BSE sensex went down by 315.68 points to 24223.32 and the Nifty ended by 93.75 points to 7351.8. The markets are mostly down due to the Global factors,Asian equities crashed over a faltering Global Economy and a free fall in oil prices. Many domestic factors are also responsible for the weakness in the Market. Domestic Private Investment is weak. Concerns of many projects being stalled is there.The Industry has excess installed capacity and sluggish exports are the factors affecting the Markets in the domestic front.It is better to stick to defensive stocks like FMCG, pharma as people will consume these products come what may. It is better to be a trader and book profits periodically. HAPPY TRADING FOR now.  
By |February 3rd, 2016|Uncategorized|Comments Off on Today

Today

Markets was steady today, the Sensex closed up by 6.44 points at 24492 and the Nifty closed 16 points up at 7437.75 . The Asian Markets headed higher except for China, US markets ended higher tracking the outcome of the US fed meet. Bank of Japan which is meeting on Friday, to expand stimulus has resulted in Asian markets getting higher.Indian Markets were subdued due to expiry of F&O tomorrow ie Thursday, The Markets have gone a lot down so investors are short covering or shares are available at good valuations. That is why Markets are cheering a bit. At present corporate results are ok and not much of negative news is there. The news effecting India is the China factor. The funds into mutual funds has increased so, markets are doing well.At present it is better to trade and book periodical profits, than investments. If investments are made it should be for a pretty ling term may be for a perspective of more than a year. HAPPY TRADING AND INVESTING.    
By |January 27th, 2016|Uncategorized|Comments Off on Today