Archive for February 2011

BUDGET 2011

Market showed a positive trend today due to the positive policies which is taken by the Finance minister in the Union Budget. Sensex went up to more than 400 levels and finally closed about 122 points in green. Nifty closed 29 points above in green. There

MARKET IN THE PREVIOUS WEEK

Market in the previous week started with a positive note. Monday sensex closed 200 points and nifty 60 points up. Nifty closed above the 5500 level. But there was completely negative trend occurred in Tuesday Wednesday and Thursday In Tuesday sensex

BEST STOCK PICKS FOR NEXT WEEK

Domestic markets ended on a positive note on Friday. Sensex and Nifty closed in green. The gains were supported by the short covering in the most beaten down stocks in the previous sessions.  It seems that the markets were in a mood to consolidate

RAILWAY BUDGET

Railways Minister Mamata Banerjee vowed to support the "common people" as she unveiled her third annual budget on Friday that promised to invest Rs 57,630 crore (USD 12.68 billion) in the network in the financial year 2011/12. Mamata Banerjee, an

MARKET CRASHED TODAY BECAUSE OF GLOBAL ISSUES

Indian equity benchmarks continued the downtrend for the second consecutive session on the back of a fall in European markets and a further rise in crude oil prices. The Nifty ended below the 5450 level on Wednesday. Indices were quite choppy since morning

SEMINAR ON INVESTMENT STRATEGIES

There was a seminar which is related to various investment strategies jointly organised by Geojit BNP Paribas, Malayala manorama Sambadhyam and BSE held on Saturday Feb 19. Dr.V.K.Vijayakumar, the Investment strategist of Geojit and Mr.Rohit Rajashekhar,

PRE BUDGET RALLY

Pre Budget rally may take the Nifty above 5600 range. Today was a strong session in the market. The indices started with a small key start but the positive trend in the system put on a smart rally. Nifty close 64 points in green and Sensex 200 points

OPTIMISM IN GLOBAL MARKET

Optimism in global markets and investor confidence have contributed significantly in creating a bullish impact on market in the run up to the budget.  If Nifty holds the current range of 5380-5400, then I think we should expect the markets

A BRILLIANT START FOR MARKET

A fantastic beginning for Indian market. Asian markets trading high. Nikkei up. Experts says that there is a chance for a positive rally. Sensex trading at 200 points up and Nifty 67 points up. So it is a time for taking the right decision. I advise

BEST STOCK PICKS FOR NEXT WEEK

GAIL(Gas Authority of India Limited) is one of the share I advised to buy in the coming week. GAIL (India) Limited, is India's flagship Natural Gas company, integrating all aspects of the Natural Gas value chain (including Exploration & Production,

MARKET REVIEW

Lets examine what had happened in the market in past one week. Past one week was very drastic for Indian market. The news which is related to 2G spectrum, rumours about Anil Ambani's group, Industrial growth etc. negatively affected our market. Feb 07-2011

Todays Market

Indian equity benchmarks closed at seven-month lows on Tuesday and underperformed the global markets by shedding more than 260 points on the Sensex.  The Nifty managed to hold the 5300 level as it touched an intraday low of 5,303.40, dragged down

BEST STOCK PICKS FOR NEXT WEEK

Buy Bharti Airtel in the range 340. Bharti Airtel (Bharti) reported its financial results for 3QFY11.  The company has a subscriber market share of 20.3% in India versus 20.8% as on 2QFY11.  With increasing competition the market share continues

Disastrous close to the trading week

It was a disastrous close to the trading week.  High selling pressure from the investors dragged the Nifty below the very Important 5400 level. The 30-share BSE Sensex plunged 441.16 points or 2.39%, to close at 18,008.15. 50-share NSE Nifty tanked

SHORT COVERING HELPED INDIAN MARKET

Short covering helped Indian market and added 359 points on Sensex at close. It was a fantastic session for Indian equities and was a continuation of up trend for the second consecutive day after a deep cut seen in previous five days.  Reliance

PRE BUDGET PICKS

Sensex closed 305 points below in 18022. Nifty closed 88 below in 5417. Do not expect a perfect bullish trend for at least 2 weeks. I think Nifty will be in the 5300-5400 range before budget. There are not enough 'Foreign Institutional Investor' supports