Market

Good Evening to my readers. I wish you all a belated UGADI. I had a very nice UGADI devouring all the good things. Markets have responded well to Ugadi continuously going up in eight straight sessions. The Reserve Bank kept interest rates unchanged, which gave a boost to the Markets. The Markets expect Modi to become Prime Minister, it has run up with that aspect in mind. It is not only the Modi factor but, more money is coming into India dedicated funds. This inflow has given a leg up to the market. Company results have to start trickling in, which will be an important factor, for the direction of the Markets. But please be cautious, as Markets are in a Boom now, better go for selected stocks. Go slow on your buying, book profits periodically. HAPPY INVESTING AND TRADING.

Markets attained an all time high, due to heavy Foreign buying. Metal and Capital goods shares rose on the hope that China, might undertake Economic stimulus to spur growth. Actually the overall health of the Market is not good today. Out of a total 3146 shares traded the Advances have been, 1341 and declines have been 1655. The rest, are unchanged. The markets seem to be continuously rising with short corrections, but in the past one week there seems to be no correction. So, it is better to book profits periodically and enter the Markets when at declines. If, the Market does not come to the desired rate then, it is worth not buying but to keep quiet. Take the help of a experienced Stock Broker to trade. If you have no experience in trading then, please take the help of a proffessional. The BOOM is taking place.

Today Markets were flat. The trading is range bound meaning neither a big fall or rise. IT stocks have come down because of the poor guidance they have been giving. The rupee is strong which is not good for IT companies. Many stocks were flat with the exception of B group shares. The BOOM has started take care, invest and trade with care. HAPPY INVESTING AND TRADING.

Hello wish all my readers a HAPPY HOLI in advance. Markets were good throughout this week. IT Stocks have taken a back seat today FMCG  improved. The strong rupee has weakened IT Stocks, as most IT services are exported. FMCG sector has been in demand, because of good foreign inflow. Inflation is a bit down but, Industrial Production data is also negative. Despite a weak Asia Market our Markets have been good mainly due to Foreign buying. A lot of B group shares have moved up which is a sign of a boom Market. Markets have entered a Bull phase, resulting in high prices. It is better to trade carefully in B group shares, before trading in them,the volume has to be checked and the figures or performance of the Company has to be thoroughly examined. It is better to stick to stocks we understand. Falling of Markets seem to be unlikely, corrections might happen sometimes steep, but will bounce back.  HAPPY INVESTING & TRADING. Let us all have a colorful market year ahead.  

As I am on a Holiday there will be no posts from me on Wednesday, see you next week.   Warm Regards sanjay

Markets were up today, followed by rise and fall in this week. More or less Markets are stable and selective scrips are doing well. Pharma and IT shares are doing well, pharma are introducing drugs in USA and is being accepted in the Market and Pharma shares are doing well. One has to take great care while buying a Pharma share as almost all Pharma companies manufacture drugs on contract for their original foreign parent companies. Almost all pharma companies do the same job so, it is difficult to identify a good pharma stock. IT stocks are also doing well. Other stocks which can be watched are fmcg and Agriculture related companies.   Good time to trade as usual, long term bets can be found in FMCG sector, and agriculture related Stocks. HAPPY TRADING & INVESTING.

This week market has been pretty good giving chance to all sectors to show off their strength. The fmcg is doing well and steady, IT, Pharma, are doing well. Generally all stocks are doing well.Today’s gain was in IT and pharma. The results that have come in now seem to be good. The vote on account presented by the Finance Minister seems to be acceptable to the Market. The election scenario seems to have reached a saturation point as of now, the Markets are more interested in the US fed decision regarding tapering which is supposed to be known today midnight. Not much of bad news for markets except in some places of Asia and Europe Markets are down and their currencies are down. Treasuries have gained in these places. Markets seem to be giving a chance to buy and sell. A good Trading Market. HAPPY INVESTMENT AND TRADING.

Today the Market went up.But markets were more or less steady this week. The US fed Reserve Chairman has mentioned that the stimulus will go on and not end for the US Economy. So, as a reaction Wall Street has gone up and other Markets have followed suit. This is an artificial boost the US is a bubble, it is living not on actual production but on printing of money or Government support to the Economy. The Railway budget was a disappointment to the Market, so many Rail stocks came down. Tata Steel has posted good results but stock came down, because of debt in the company. Tata Motors also did well with only JLR a subsidiary of Tata Motors doing well. Now, is the quarterly earning season, with most stocks posting good results. So, it is safer to trade in stocks due to uncertain environment due to the upcoming elections. Investments can be done in Agriculture related stocks, Fashion products manufacturing companies which defy the regular economic crisis.

Markets were down marginally today, the raising of the repo rate by the RBI has effected the Markets in a bit of a negative way. Turkey has raised interest rates to save its currency from dwindling furthur. So,Asian Markets were good. The US Federal Reserve meeting is awaited today. China has put much money into its Central Bank, so the Asian Markets went up. This Chinese development is a very bad step, were we are not seeing original growth out of Trade or Manufacturing. China has become an Economy of keeping US Bonds and  excess manufacturing, to keep its prices cheap. Situation all over is bad, the US might start its tapering as feared by all which will in turn effect all over.   With elections around the corner in India, there is uncertainity here also, with no concrete policies by the Government. Company profits are ok but, inflation has been a bane in the Economy. Keep Trading keep away from Investments . HAPPY TRADING.