Today
Markets were up today,the BSE was up by 359 points going to 26840 and the NSE was up by 102 points going to 8124.It is basically the small and mid cap stocks that are moving up. If you observe the index from the past week we see, a revival in some stocks. it shows that, there is a buying taking place in some stocks.That is why we see, some mid cap stocks and small cap stocks moving up. The FMCG stocks have not moved up, may be due to a pessimistic feeling of monsoons. Monsoons, have started a right time in Kerala, but it must continue to do so. Sugar companies moved up due to a Rs 6000 crore package given to them. There is a lot of buying taking place in Mutual Funds, which is one of the reasons for the Markets to move up. Markets were beaten down for a long time as the expected failure of Monsoons and a news of a draught like situation is prevalent in the country. A lot of liquidation has taken place probably because of the position build up in the last year. Markets of the US have improved due to their improvement. Greece is still a crisis which has not got out of the mess yet. The quarterly results of companies are not that good improvement has to come from that quarters. We had a continuous run up in 2014 so, we are having a downward trend now.So, it is natural for the markets to correct itself which is happening now. One should be very selective while trading or investing now. HAPPY INVESTING AND TRADING.
Today
The market ended lower today the sensex falling by 23 points to 26813 and the Nifty by 4 points to 8130, there is a fall in the market since wednesday the 3rd of June 2015, there has been a free fall since then. the RBI cut interest rates in its credit policy on 2nd June 2015. Ever since then the markets are in a tailspin due to the selling pressure from Institutions. The Governor also stated that a draught will be there if the Monsoons fail, the MET department has stated that there will be a failure of Monsoons this time which will lead to draught like situation. This will lead to less buying power specially for FMCG commodities leading to fall in sales which in turn will lead to fall in Stock prices. The rate cut were not in line with Market Expectations. With the Governor stating that the Monsoons will be bad this time effecting the Economy selling has taken place. The quarterly results have been very bad which again has beaten down Market sentiments. Any buying has to be done carefully with long term prospects in mind. HAPPY TRADING AND INVESTING.
Today
Todays post will come tommorrow ie Thursday 04/06/2015
Today
Markets recovered, the NSE was down by 4 points at 8334 while the BSE was up 33 points at 27564. The markets recovered after a long spell of going down. Tommorrow is the F & O last day, so the actual position of the month will be only known on friday ie 29th may , Tata Motors was quoting around 470/ previous close being 497/ down by 5%, it went down because of the less profits in the present quarterly result. But, technically it has fallen down so much it is a good buy. The markets are mainly down because of bad quarterly results of many companies. The fund flow from FIIs has also decreased.One must keep an eye on yearly results than the quarterly numbers.The event to be watched out is the RBI policy on June 2nd. A rate cut is expected as the Inflation has come down, and all the Economic parameters are good. HAPPY TRADING AND INVESTING.
Today
Markets were up today, the markets have stabilised since Monday with the situation improving. The domestic institutions are investing and insurance companies are also investing money in stock market. The LIC being the largest insurer in India can have an effect on the markets. The FIIs are being a bit positive with them pumping more funds , thereby the prices picking up. Still it is a semblance of normalcy and one has to take care. HAPPY INVESTING
Today
Markets are fluctuating widely, with less participants. Today markets were very volatile, in fact it has been volatile the whole week. Banks did well today nothing much to write about as there is less participation and the whole week markets have been very volatile with wild swings. Be careful and watch.
TODAY
Markets were down today, as I had mentioned sometime back there is a Bull Fatigue, were market participants are leading to exit at higher levels. Global markets are mixed as investors are eyeing Federal Reserves statement.Care is to be taken while investing, one should not hurry to make investments when markets are falling the stocks should be bought at the right time. This requires some experience so, one should be patient enough to invest. Book profits periodically. HAPPY INVESTING AND TRADING.
Today
Hello everyone, markets recovered today after a weeks fall. The recovery was due to short covering were shares move up due to buying. Markets were down due to the issue of MAT to be paid by the FIIs, the FIIs are asking for an exemption of MAT, while the Indian Government is refusing their request. Meanwhile, prices are overstretched technically that is why the correction is going on.
Many stocks cannot be purchased due to the dizzying heights they have achieved over a period of time ever since, Modi becoming Prime Minister. There is a fatigue of Bulls going on so, the market is falling.Or a necessary correction is taking place. This correction, is good as it gives an opportunity for people to enter into the market. Many shares can be purchased at lower levels of correction and be sold when Markets go up. The other fear is corporate results season has started and they dont seem to be encouraging. The IT stocks like TCS and Wipro have declared their results, and it is not upto the mark. The best thing to do is be patient, wait till you get a price for your stock, and book profits periodically. HAPPY TRADING AND INVESTING.
Today
Markets went up this week. With the international scene being good, and the US markets also have improved, with the improvement in their economy. European markets are also doing well. In India not much of an excitement except that the RBI did not tamper with the rates. Not much of excitement but only plain trading. HAPPY TRADING AND INVESTING.