ToDAY
WISH YOU ALL A VERY HAPPY DEEPAVALI, the sensex ended 378 points down at 25743 and the Nifty ended at 7783 down 132 points. A lot of selling globally is going on and the Bihar Election loss for the BJP party has also contributed to the loss of markets. 15 FDI clearence has been made yesterday ie 10th of Nonember. The fear of the FED raising interest rates in its FED meeting is also a fear for the markets. The fdi policy of the Government might boost the markets in the Muhurat Trading which is supposed to be held today evening.Which is yet to be seen.
As of now, markets are lack lustre and participation is less. Corporate results have been fairly good so, the markets might not fear much. The reforms are going to take place irrespective of politics. Investors should concentrate on the scrips they are in than the markets as a whole. In these tough times it is better to stay with FMCG stocks and stocks with less competition like Watech Vabag. HAPPY TRADING AND INVESTING and wish you all a very HAPPY DEEPAVALI.
Today
The BSE sensex was down by 37 points to 26553 and the Nifty was down 20 points to 8040.
The markets have given away the gains of the last two days. The European Markets were up but, our markets with a positive opening and sustainence throughout declined marginally at the end. Tata Motors went up due to the increase in Jaguar sales. The Bihar elections results seem to be positive for the BJP, the market is awaiting the results which will come on Sunday the 8th of this month. The opinion in the market is the results if negative will have only a short term impact and Corporate results will be the main deciding factor for Markets. The corporate results which have come till now, seem to be fairly good. This is a fairly good sign. It is good to periodically book profits and enter at declines. Real Estate is down so money may flow into markets giving a boost to Equities.
HAPPY TRADING AND INVESTING.
Today
Today markets were down, the BSE ended 213 points down at 27039, and Nifty ended 61 points down at 8171. The main reason for the markets to go down is the nervousness of Bihar Elections and the US Fed is meeting later today to decide over the interest rates. Dabur the big FMCG Company declared good results today. Dabur is a very good stock which has been doing very well for a long time. Markets are in a bit of a down mode because of profit booking and other factors like politics . Money can be made if one is stock specific. A detailed study is to be made before buying stocks than just following the Market. HAPPY INVESTING AND TRADING
Today
Good Evening and wish you all a Happy Dussera. Markets are flat with not much movement in fact today, the sensex was down by 19 points to 27287 and the Nifty down by 10 points to 8251. China had a bad trading day falling down to low levels. The results season of the second quarter are out so, the markets are uncertain about its movements.
The Government is curtailing black money, so the circulation in the market is less. This will pep up the stock markets as the markets cannot accept unaccounted money and it is transparent. By curbing the parallel Economy money will flow into liquid assets like stocks, more money flowing into stocks will pep up the markets. If the Economy is healthy it is good for the markets. Results impact is yet to be seen which will give a clear signal for the Markets to move. The markets have been positive for a long time and the reactions have been very mild. It is better to concentrate on individual stocks rather the markets. IT stocks have given good results including Wipro which came in the evening.HAPPY TRADING AND INVESTING.
Today
It is winter month in Bangalore but its like summer with no cold. But the summer for Markets is good with the index and Nifty rising today.The sensex rose by 230 points to 27010 and the Nifty rose by 71 points to 8179.Many factors are responsible for the rise of the Market. All the Asian Markets are in the green, with poor Economic data from USA it is doubtful if interest rates will be raised,which is very good for stocks.
The rupee has been strong against the US dollar by 22 p s at Rs. 64/82 per dollar.Stocks like Tata Motors rose by 8% after JLR sales in China rose by 3%. It is better to have Tata Motors only for trading but not for investments.As, Automobile stocks are a bit confused with contradictory opinion from different quarters. Adani rose by 14% after the Australian Environment Ministry reissued clearance to the Companys mega US $7bn Carmichael Coal mine and Rail project. The results of many companies this quarter have been good so it looks like the Markets will go up.
Bihar Elections have to be watched as a victory in Bihar to the ruling BJP at the Centre will enable it to get more Rajya Sabha seats, the upper House of Parliament so that the intending reforms can be carried through.It is better to book profits periodically with some stocks, with good Investment stocks it is better to trade and build up your holdings. HAPPY TRADING AND INVESTMENT.
Today
Due to some inconvenience todays post will come tomorrow ie Thursday 15th october
Today
Good Evening All, the weather in my city Bangalore is pleasent with rains. The markets have been good this week withouth a break,the BSE sensex was up by 102.97 points at 27035.85 and the NSE was up by 24.50 points at 8177.40
The IMF has cut its growth rate for Asias third biggest Economy to 7.3 percent from 7.5 percent in fy 2015-2016.But stressed Indias groth prospects remained favourable. Caution prevailed as the Market ahead of second quarter earnings from October 12 showed that Indias services sector activity was lower due to tough economic conditions,which justified RBI by cutting rates by 50 basis points. Which was a big boost for markets.
The metal and realty indices rose, realty has risen due to the rate cuts anticipating furthur demand. But, investors should be cautious with realty stocks as the transactions are not transperent. China Markets have been closed for a week.Europe is stable. Now there is a buying opportunity for long term investors and traders can book profits periodically.
Today
The sensex was up by 376 points going to 26154 and Nifty was up by 105 points going to 7948. The European and Asian Markets were up. The FII s have been selling so Markets have been in trading range with a downward bias for long. But now before the rate cut markets have been giving a chance to the Bulls and Bears. Yesterday ie the 29th of September Tuesday the RBI has cut the rates ie the repo rate by 50 basis points. That is why the Markets have gone up, loans for vehicles and housing will be cheap that is why housing stocks went up. But, it is not worth buying housing stocks for investment as there is an huge housing inventory which has not been sold.
This cut in rates might give a boost for housing stocks in the short run but certainly not for investments. The general tendency with a rate cut is lending rates will come down. With a cut in lending rates manufacturing might do well as loans are available for plant and machinery.After the rate cuts markets have formed a bullish bias and the FIIs which have been selling might start re entering . It is better to concentrate on stocks rather than the market. HAPPY TRADING AND INVESTING.
Today
Good evening all this being a festive occassion I wish you all a Happy Gowri Ganesha festival. Today Markets went up the sensex by 258 points touching 25964 and the Nifty by 70 points touching 7899. The Markets are up because today ie late in the evening the FED rate will be announced. the expectations are a the fed rates not rising and it will be the same. The Markets are also betting on a rate cut by RBI on September 29th meet.
The Bank and Pharma stocks surged midcaps were down today the markets are reacting to everyday news without a solid base. Funds have deserted the market it is the domestic funds that are supporting the market. Take care and book profits periodically HAPPY INVESTING AND TRADING
Today
Markets were up today the Nifty ended up by 130.35 at 7818.60 and the sensex ended up by 401.71 points at 25719.58. The Indian Markets followed the Asian Markets and went up and India followed it. China is making some efforts to accelerate construction projects and some other measures. The fundamentals seem to have taken a back seat with technicals taking over as of now, the markets fell defying all fundamentals and technicals for sometime. China was or is a worrying factor. Nothing much positive has happened in such a short time in the world. I cant write much now, the best thing is to hold on to your stocks which you have bought pre fall, wait for sometime as market will be range bound. Happy Trading and Investing

