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Today

Hello everyone, Monsoons are not as expected. Markets are riding high on the Modi wave and high expectations. Poor Monsoons might effect Markets, and tone down the BullRun a bit. But, the long term trends continue to be good with the world recovering and political stability and good factory results in India. Now, let us come for today. Markets fell on profit taking ahead of F&O expiry tomorrow ie Thursday. The Markets will move according to the expiry of contracts tomorrow. According to Sanju Verma of Violet Arc Global Managers the Nifty will rally to 8000 post budget. But, fears also persist on Iraq trouble. Iraq being the second largest oil producer in the world might squeeze supplies. India, being a huge importer of oil might be effected by the Current Account Deficit increasing. So, Markets are balancing themselves between two conditions of good and bad. Auto Stocks, gained after Finance Minister said lower Excise duty will be levied for Auto and Capital goods.I think one should trade by looking at the performance of individual stocks. Good time for trading as Markets are moving in both up and down direction. HAPPY TRADING AND INVESTING.
By |June 25th, 2014|Market|Comments Off on Today

Today

Markets were down today with Iraq violence escalating with the refinery attacked by militants. Even though there was violence Brent crude was static and there is a Federal Reserve meeting tonight. Hindalco went up along with Cipla and Maruti. Care has to be taken while investing because of the Budget coming up, which is not expected to be good.  Invest in Stocks with a thorough study. Happy Investing and Trading.
By |June 18th, 2014|Uncategorized|Comments Off on Today

Today

Markets were down today, due to a reaction of the gains it had. Metal stocks were down. A lot of expectations from the New Prime Minister is there. So, markets are looking up. Corrections will be happening, it is better to stick to good stocks than getting to unknown B group shares, a lot of care has to be taken before buying.Keep on booking profits and buy back at lower levels. Happy Trading and Investing.
By |June 11th, 2014|Uncategorized|Comments Off on Today

TODAY

The Index in both the Bombay and National Stock Exchanges, went down today. It might be a reaction to the rise before. The Asian Markets were low, due to the ECB meet on Thursday. The European Central Bank rates are important for the European Markets. The Bank shares have been high due to the reducing of the Statutory liquidity ratio by the RBI which has led to more money in the Banks which can lend more for businesses thereby,increasing business. Insurance Companies like RelianceCapital and Max India rallied 5% to 9% on hopes of increase in Foreign Direct Investment. Markets are good with reactions both for exit and entry, HAPPY TRADING AND INVESTING.
By |June 4th, 2014|Market|Comments Off on TODAY

Today

Hello Everybody, today Markets were flat. It was a Diwali week with fireworks in the Market and high expectations with the new incumbent Narendra Modi.The Markets had a Bull Run and reached stratospheric levels. That was last week. The commentary follows, Foreign Institutions have been pouring money into the Indian Markets. The total Foreign Investments in Equity segment in Asia  from January to May 26th 2014 is USD 18.8 Billion. In that, India’s share is usd 7.8billion, Taiwan usd 6.3 billion and Indonesia is usd 3.6billion. Thai equities were sold due to political risk. Mutual funds continue to purchase Indian Equities, Institutional Investors are slightly positive on China as well with it announcing better manufacturing numbers in May. Markets have reacted till now as Foreign Institutions are net sellers in equity in the four out of the previous five trading sessions.IT stocks which were down, today improved.Asian Stocks rose amid cues from US Economic indicators, and expectations of some policy action from the European Central Bank at its June 5 meeting.  Start TRADING & INVESTING now, on account of corrections that have happened. HAPPY TRADING & INVESTING. See you next week.
By |May 28th, 2014|Market|Comments Off on Today

Today

Markets today had a minor correction. It ended lower with the exception of Tata steel going up. It shows the cyclicals are up and the expectations from the New Government are more. Though the Exit polls show a positive for the NDA , the previous exit polls of 2009 and 2004 have proved completely wrong. We have to wait for the results on the 16th to know the actual position in the Market and the Government.  Till then keep quiet and wait. Happy Silence till Friday.
By |May 14th, 2014|Market|Comments Off on Today

Today

I was not there last week, so no post was there. Good Evening readers, elections are going on and results will be out on the 16th. By 12th we will be getting the exit polls. Till then, markets will be flat. Today there was a fall in Markets, due to selling in the Index futures by the FIIs. IT stocks are down, cyclicals are preferred investments. But, as of now everything depends on Elections. If Modi becomes Prime Minister, then the Markets will not react as they have already factored in the event. But, if Modi does not become then they will be lot of volatility. The Finance Ministry is to cut excise duties to the Auto sector beyond june. So, this sector is to be watched as it is down now with less demand. HAPPY INVESTING AND TRADING.
By |May 7th, 2014|Uncategorized|Comments Off on Today

Today

Hello everybody, The summer heat is on and elections are still going on generating more heat in the Markets. The opinion polls reveal that the NDA with BJP will win more than 250 seats. There is an opinion in the market that, the Market has already factored in the event of Modi becoming Prime Minister. If he does not Market will react negatively with a knee jerk reaction. The Market thinks if the BJP wins, it will be bad for IT Industry, as the rupee is expected to become strong if BJP comes to power. Now, the rupee is already strong so, the IT stocks are down. There is an opinion to buy cyclical stocks like Infrastructure stocks, Manufacturing Industries, cement stocks and so on. But, I personally feel IT stocks need not be feared as the earnings till now have been good and if we follow the numbers and the business potential the rupee must not make a difference. As, many IT stocks have gone through the rupee cycle but still, have given good returns. But, the market mood also has to be considered so, it is better to buy or stick to cyclical stocks. Very selective buying has to be done now, as prices are very high. Today was the settlement day or last day for F& O, as tomorrow Markets are closed due to elections in Bombay, on Thursday 24th April. Invest with great care as many stocks have gone up, lot of value digging has to be done. Wish you all a Happy Trading And Investing.
By |April 23rd, 2014|Market|Comments Off on Today

Today

Hello Everyone, elections are taking place in the Worlds biggest Democracy, Markets are much dependent on Mr.Modi becoming Prime Minister. In case, Mr.Modi becomes PM Markets might stabilize as it has already factored in Modi  victory. In case Modi does not become PM markets will drop. Today Markets dropped, due to selling pressure and weakness in IT stocks. Not much activity in market except range bound trading. Happy and Careful investing and trading.
By |April 16th, 2014|Market|Comments Off on Today

Today,

By |April 9th, 2014|Market|Comments Off on Today,