Markets are on the upswing since yesterday.. Today , the Nifty was up touching 10787 and the sensex up by 340.42 points at 35519.30. The reduced oil prices which helps the economy grow, the ebbing Tariff wars were the President of USA is talking to his G7 counterparts, to whome he has imposed sanctions. Cheered the Market.
Global Markets are up and the early onset of Monsoon has cheered the Market.ON the whole FMCG sector will do well, due to the good monsoons. Shares like Dabur, Marico will do well, due to the good monsoon realising more demand, in rural India. Agricultural equipment like Tractors, tillers will do well. But a word of Caution. Markets had gone down continuously and are recovering now. It might be short covering also leading to inflated prices. Watch the market before acting.On 28/12/2010, we had recommended Marico at inr 121/ now it is 333.
On 12/10/2011, we had recommended Dabur at inr 95/ now it is inr 385/ Source from Moneycontrol.com
