Today the 24th of October 2018.
Markets had a good day today, the sensex gained 184 points and the Nifty ended or reclaimed 10200 mark,
barring pharma stocks, all sectors ended in the green, fall in crude prices boosted the market sentiment.In the telecom space Bharti Tele is making good news. It ended 9% higher ahead of q2 results six leading global companies, comprising Warnberg Pincus, Temasek, Singtel, Soft Bank group International and others have agreed to invest U.S.$ 1.25 Billion.
Shares of aviation, oil marketing companies and paint companies soared as global crude prices saw a big fall.. Markets seem to be cheerful, though values are low in some stocks people are scared to buy, because of high volatility.
Today the 11th october 2018
Hello,
Markets are reeling under selling pressure.The Nifty was down by 225 points at 10234 and the sensex was down by 759 points at 34001. The markets are in a six month low. The world markets were down, following a tussle between the Fed Reserve and the White House. The President of USA Donald Trump wants to raise Interest rates and has called the FED crazy. This has led to a world sell off. Some Indian Institutions, are of the opinion that markets have bottomed out, and good stocks can be bought. It is still time to jump to conclusions, as Markets are showing weakness and many stocks are overpriced. TCS has come out with very good quarterly numbers, but it still was down by 3% at 1979.75.
This shows markets are very down and any good earnings are not prepping up markets.But one can look into good stocks and buy little quantities. On the whole markets were up since 2013, so a correction has set in. Pharma stocks, can be purchased due to the Pradhan Mantri Janoushadi might lead to good demand for pharma stocks.FMCG stocks willl do well and select Banking stocks might do well. City Union Bank is a stock which is quoting at INR 170/. it has shown good results till now.
Today the 27th of August 2018,
Markets were on a roll today,the Nifty was at 11692, up by 135 points and the sensex was up by 442 points at 38694. the sensex was a record high of 400 points the Nifty ended just below 11700. On the BSE out of the total shares traded ie 2934, 1432 shares advanced, 1294 declined and 208 shares were unchanged.
The statistics is alarming as almost all shares have risen, this shows a buying craze in the market, were the euphoria to buy stocks set in. This trend is dangerous, as people just buy stocks irrespective of the performance. It is a good time to sell stocks if profits are made. Shares like Dabur, Hind Unilever, Jyothi Labs, will be good as these are good FMCG stocks. Jyothi labs is down, because of the effect of rains of its factories in Kerala. It will take sometime to recover, may be Jyothi Labs will have loses or less profits next quarter, due to unforseen circumstances. A Bull fatigue might set in and there are a spate of elections which will effect the market.
Today the 13th of August 2018
The sensex fell by 231.66 points to 37637.57 and Nifty fell by 53.41 points to 16157.37. The markets had gone up for the last few days, so they have taken a breather and the bears took charge. The Indian rupee was very weak it hit an all time low of 69.62 against the US dollar. The Turkish Lira is also very weak. These were one of the main reasons for the markets to fall.
Today many negatives were in the markets. Usually when markets fall people come out with all sort of theories. Now, suddenly experts were concerned about Elections around the corner.It is better for investors to look into stocks than, look at the sensex. Good stocks can be bought always. Jyothi Labs is quoting at 221/today it is a good stock. The products it manufactures, and Fabricare a clothes SPA they run is good. The company is running in profit, both quarterly and yearly. A recommendation was made at inr 219/, to buy the stock and it is now quoting at 221/ It was recommended on 30/07/2018. It has been between 219 and 224 for this long. A lot of money can be made if one is careful.
Today the 8th of August 2018
The BSE Sensex rose by 221 points at 37887, NSE rose by 60.55 points at 11450.Today City Union Bank first quarter results were declared Net Profit has increased from INR 152.13 crores in March quarter to 161.65 crores in June quarter. It closed at 177.80 up by4.20% This stock has been doing quite well.It was around INR 45 in 2010.
Ashok Leyland is a good stock but, a slow growth one It sees 40% growth in Commercial vehicle segment.It was quoting at 125/ at 3.26 PM a good stock to watch but slow returns.Of the overall 1st June quarter results 44% were positive ie 424 stocks,17% were negative ie 168 stocks and 39% were flat ie 373 stocks. By these figures the overall markets seem to be strong. This is the reason for markets to be good. The trade war continues to be there. Banking stocks might do well, as the demand for money will go up ie official channels due to demonetisation and development of many bussinesses due to the downward real estate. Markets will do well especially stock markets, and manufacturing. Trading of commodities, and any organised market will do well as business will improve.
Today the 2nd of August 2018.
Nifty was down by 101 points at 11244 and the sensex was down by 356 points at 37165.Global trade wars seem to be escalating, especially between USA and China. USA might put additional duty on Chinese imports. The markets seem going back to a protectionist world and globalisation has taken a back seat. The markets were up throughout July because of good corporate results. So, the markets went very high. Sometimes a Bull fatigue sets in,may be that is why markets are reacting. It is difficult to say which way markets will move in the long run. It seemed markets had improved, if you see the whole of last week. But now, it is reacting to lower levels. The trading has become range bound. ie profits are booked when shares go up, and bought back at lower rates, when stocks come down.
One has to be very careful and not overtrade.
Today 30th july 2018
Today Markets were at record highs. The sensex ended 157 points higher at 37494, and the Nifty ended 41 points higher at 11319. Bank shares were leading today, the PSU Banks were up today. The rise in many shares was noticed today. The mid cap and small cap shares are not dead, and they appear very active with high prices. Good stocks will be good stocks, whatever markets be. The rise might be slow but, you get your returns. Dabur went up today and City Union Bank is steady at INR169/.
One should watch markets closely, as it is frontline stocks, that have moved higher for a long time. But, now you notice many stocks moving up.
Today the 27th July 2018
HELLO ALL, MARKETS REACHED AN ALL TIME HIGH TODAY. Nifty closed at 11278 up 111 points and the sensex closed at 37336 up 352 points. Markets have touched an lifetime high. The reason is good q1 corporate results, and the less tensions of trade wars. 21 shares advanced while 10 shares declined.
In my opinion good corporate results, have overshadowed the trade wars.It is time Investors atleast book partial profits, and wait till markets to come down to make a re-entry.Many investors are trapped, as small cap and mid cap shares, have not done well infact, they are down. One has to wait for their gains to come. One should, play the market very carefully now.
Today the 24th of jULY 2018
Markets touched an all time high today, the BSE sensex touched 136 points up at 36850, and the Nifty was up by 41 points at 11136. The European markets and the US futures recovered, one of the reason for recovery of stock markets.
The path of monetary policy will be back in focus as the European Central Bank meets to decide interest rates.Today mid cap stocks led the rally of the market. It is thought of in the market the bad times for mid cap is over and the valuations are fair. Cement stocks led the rally today maybe, the increasing Government spending might be there.Today Private Bank stocks came down, City Union Bank also dropped marginallyto 168.10 from 170.25.
Jyothy Labs is quoting after bonus of 1;1 at 224.70 A good buy, but better to wait till 1st of July due to the 1st qtly results.But still, markets seem to be not certain of movements. Investors are concerned due to the low buying of Foreigners for a long time. One has to see if rally will sustain. HDFC AMC IPO is opening on July 25th ie tomorrow. It is a good IPO managed by HFDC and it is worth applying for.
Today the 23rd July 2018
The Nifty was up by 74 points at 11085 crossing above 11050 and the sensex was up by 222 points at 36718. The markets are up due to the A group shares going up. Rest of the shares are not rising much so, a lot of money is not been made by investors. The reduction in GST and the winning of the No confidence motion tabled by Telugu Desam and Congress by Shri Modi the Prime Minister, has propelled up the markets. One has to be selective in selecting stocks to make money. City Union Bank quoting at INR 169 is a good stock tom be bought.