Today
Hello Everybody, Markets are sizzling hot going up everyday. Creating historic highs. The rupee is gaining strength and high expectations from Modi is aiding the Market. One thing to be cautious is lack lustre demand from USA and EU is what Indian exporters have to deal with. There is also an opinion in the Market that correction is imminent. Take Care HAPPY TRADING AND INVESTING.
Today
Hello all, Bangalore is chilly but also cheerful as Lord Ganesha is coming to our homes. His blessings have also influenced the Markets. Markets have gone up recovering since yesterday. The investments by Foreign Institutions is more and retail participation is little up. There is a talk that Nifty might go to 10000, the other positive news is Ukraine problem is a bit less now.
The Prime Minister has been emphasising on financial inclusion which means to have many Bank Accounts opened. To include the mass in the Banking. This will lead to channelising the money into the mainstream which can be used for productive purposes. Banking shares might do well in the long run. Many shares are going up there is a broad based participation in the Market, giving gains to investors. HAPPY TRADING AND INVESTING. HAVE A NICE GANESHA CHATHURTHI.
today,
Markets were down today, it is just a reaction for the rise seen in the last couple of days.International Finance Corporation has sold a $2 billion bond to India, which is a vote of confidence for the Indian Economy. This amount will be used for various upcoming projects in the Private sector. The Advances were 1691 versus declines of 1291. Which shows that the over all Markets are still good and it is only the Index stocks that have come down. A good study has to be made before putting money, into any stock. HAPPY TRADING AND INVESTING. See you next week.
Today
Hello Everyone, I hope all of you are doing well . The spirits of the Market is calm and not much of excitement, except with few swings this week and last week. There are also swings of ups and downs in a day.
The undertone of the Market continues to be bullish with positive net inflows,and a fairly good earnings season. Fii inflows were subdued and there was a fairly good earnings season, but there were not much outflows.Usually if there is a FII selling in debt market it is good for the Equity Market but, the selling by FIIs in debt market has been insignificant. Another reason favouring Markets is recovery in rainfall. But, second half Monsoon is yet to be seen and the good thing is oil prices are sliding.
The bad news is Steel giant Tata Steel suffered a quarterly loss, which shows manufacturing and infrastructure sector has to pick up because these are large consumers of steel. FMCG stocks are up, they are usually so in a sluggish market like this. Such stocks are called defensive stocks. Bank Stocks have fallen the reason I suspect is, the sacking of Syndicate Bank Chairman were scandals might have happened in other Public Sector Banks. Capital Goods and mining stocks are also bad, which shows economy has to pick up yet.
Industrial growth slowed down to 3.4% YOY in June 2014 from annual 5% in May 2014.Advances were 745 shares and declines were 2041 shares. Markets will be range bound ie they are good for trading. HAPPY INVESTING AND TRADING.
Today
Hello Everybody, the excitement is over and reality has set in. Today, the Markets were down by 243 points and the rupee was at its 5 month low. Indian Markets followed European markets, the European Markets fell after a disappointing GDP, and weak factory orders from Germany. Asian Markets were also low due to tensions between Ukraine and Russia.
Software giant Infosys bucked the trend was up by 2% on reports that ex Infoscions Mohandas Pai, and Balakrishnan have urged the Board to consider a buy back, which has infused confidence in the counter.Apollo Tyres fell as its results were below Market expectations, which is a fall not warranted. 1494 shares advanced and 1480 shares declined showing the Market breath was good. It is the Insex stocks that have fallen.
Another positive development, for the market is LIC might invest rs 60000 crore in Indian Markets, it this happens it is a big boost to the Capital Markets. Now, Markets vary from day to day giving an opportunity to buy and sell stocks. It is good to take advantage of the situation and trade, HAPPY INVESTING AND TRADING. TRADE CAREFULLY WITH KNOWLEDGE. See you next week.
Today
Today the Markets recovered after a two day correction. The quarterly results, which are coming in now are good and markets are supported by FMCG, Health Care, and telecom. Many observers feel that, there might be a short time correction in the Market,but the long term market conditions seem to be good.
Veteran emerging market investor Mark Mobius, says that India might have 20% to 30% growth in over next few years. So, markets are good stick to quality stocks. HAPPY TRADING AND INVESTING.
Today
Hello Everyone its raining here, markets are also raining money, markets were up throughout this week. Today, software and Banking stocks were doing well. Canara Bank was a good buy at Rs 400/. It is a little difficult time to buy stocks, a thorough study has to be made, to buy stocks. Infact in selective stocks some quantity can be bought and little sold thereby, retaining position in some shares. Eg..shares like Rallis India which was quoting at Rs 184/ in June is now at 200/ plus. In such shares large qty can be bought and some retained. Generally Markets are up keep an eye on movements . HAPPY TRADING AND INVESTING.
Today
Markets were up by 324.77 points rising to 25553.42 on BSE and Nifty was up by 99.15 points rising to 7625.80. Huge short covering ie buying back shares sold and lot of purchasing happening in Banks and oil & Gas stocks helped the sensex and Nifty rise. The main concern in the Market is small caps and mid cap stocks are increasing which withers away after sometime. Buying and selling of shares is taking place giving an opportunity to trade. Take care while trading and stick to good stocks. Keep and eye on good manufacturing companies. This month onwards the 1st quarterly results are coming, so it is better to keep a watch on numbers.
HAPPY TRADING AND INVESTING.
TODAY
Hello Everybody, the Monsoons are late causing anxiety in the Economy. The Markets were in a very good mood after Modi became Prime Minister. Most experienced Investors have already booked profits, and sitting on the sidelines. Many Stocks, have fallen except for a few which seem to be detached from Market moves due to the distinct Fundamentals of theirs. Eg..ITC, Pidilite , Rallis India are such shares were, you would have made a lot of money even if you had purchased these shares in June or May.
The Economic survey of the Nation has been released today which talks about Uniform GST which is long awaited and the distressed sectors like Textiles, have been talked about. Tomorrow ie 10th of July is the union budget the first budget of our new Prime Minister which is going to be presented by the new Finance Minister Jaitley. The Markets have reacted as profit booking has taken place due to the uncertainity of the Budget and it was also overheated. WAIT AND WATCH HAPPY INVESTING AND TRADING.
Today
Hello Everybody, Markets are booming there are reasons for it to do so. The good news is Factory activity in June accelerates at fastest pace in 4 months.
The Nifty ended above 7700 for the first time the sensex ended above 25841 ie plus 324 points, The Finance Minister Mr.Jaitley has made a massive pitch for fiscal prudence and tough decisions now will ensure faster recovery for the economy. He has also mentioned, the Iraq crisis and draught threath may throw revival plans off track, but Foreign Investment is coming in inspite of the threath. There was a rally across all sectors leading to a good market. The Modi factor is playing an important role in the Markets. Keep booking profits and enter at lower levels, HAPPY INVESTING AND TRADING.