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.
