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Markets

The markets were up today, the senex up by 1075 points at 39090 and the nifty up by 326 points to 11600. There i a lot of short covering so the markets are up. Short covering means selling stocks in anticipation stocks will come down, before the Finance Minister announced the cut in corporate taxes markets were down, so market players had oversold stocks thinking that, they will come down. This has led to the markets going up as a lot of buying has taken place, as market players have sold a lot of stocks, so they are buying stocks, that is why markets are going up.
By |September 23rd, 2019|Uncategorized|0 Comments

Tax Rates

The Finance Minister slashed corporate Tex, the stock markets went up. But the demand is slow. the manufacturers should study market and produce, whatever tax exemptions are given, it will not be for long ie stocks cant remain good for long. The conditions are different, as my dear friend had stated the manufacturers should find markets abroad.
By |September 20th, 2019|Uncategorized|0 Comments

Markets were down. It is one one day and down the other day. Today, almost all scrips were down. The drone attacks on Saudi Arabia has got a fear that, oil prices might rise. Were most of our oil is imported will lead to a economic slowdown. Automobile stocks and banking, FMCG, are mostly trading in the market. With the existing slowdown, and now with the rise in petrol prices with geo-political tensions will lead to a bad situation. Like rubbing salt on a persons wound the burning in the market psyche is more. At this situation still one can keep an eye on Dabur, City Union Bank. Lal Path labs, Pidilite. Infact pidilite which depends on petrolium for raw material is down now because of the drone attack. it can be bought because the product like Fevicol, M-Seal will always be in demand.
By |September 17th, 2019|Uncategorized|0 Comments

Markets are choppy, it is a trading range. Giving opportunities for both buyers and selllers. Profits can be made both ways
By |September 16th, 2019|Uncategorized|0 Comments

Mahindra& Mahindra we purchased at inr 535/ dated 29/08/2019. Now it reached a high of 551.95 a rise of a rise of 3.16% in less than a month. buy stocks selectively and make profits.
By |September 12th, 2019|Uncategorized|0 Comments

Markets are trading on their own without any direction, it is better to stick to stocks you know instead of following the herd. Public sector Banks can be avoided because of the negative returns they have given, private banks like City Union Bank are doing well , because of the good returns. Stocks like Mahindra ans Mahindra can be bought as it has a good performance, since long, and it has reached the lowest levels.
By |September 6th, 2019|Uncategorized|0 Comments

Shares;

City Union Bank is a kumbakonam based Bank formed in 1904. The first branch outside Tamil Nadu was in Sultanpalya in Bangalore. Now it has600 branches 1621 ATMs. the bank has been doing consistently well over the years. we had quoted at 45.50 on 3/09/2010. Now it is quoting at inr 201/an appreciation of 341% or 37.8% in 10 years. This private sector bank will go a long way in years to come.

shares

Marico is a good share. Nobody will stop using coconut oil. The way marico processes oil and pack it different sizes from re1 sachet to big cans, the demand will never saturate. It was inr 121/ on 18/12/2010 now it is 387/ today ie 29/08/2019 it has appreciated 29.5% per year.

SHARES;

Dr.Lal Path labs; Keep an eye on this stock inr 1175 a good rate to buy, it is a diagnostic lab with more concentration in Northern India. The working is good, the good thing about the lab is there is one person to collect samples, and they have collection centres in the particular city. The results come through the net or a report is available.We had reccommended on 17/02/ 2018 at inr 865/ now at this moment quoting at 1186/ an appreciation of 37.10% 18 months an appreciation of 2.06% par month,Diagnostic labs re common but this lab, is there for a long time with good results.

Why buy mahindra and mahindra

It is a good stock Quoting around 539/ t 1.50 pm. the automobile stock is in various sectors like commercial, defense and utility vehicles, electric cars are also being made much ahead of indian manufacturers.It is quoting at a very low rate now.