Indian Stock Market

Read the Clues

2009-10-06T00:12:00.000+05:30

Market has bounced back very well since last September. It is within touch distance of the all time high. But, be cautious about the facts that the economy is not that much back to its feet. The fundamentals have not changed much and its is not looking to the levels that were seen before the bubble busted.
GDP numbers are not that much encouraging,Exports have dipped,last quarter results were less than expected. But,the IPO market is buzzing and around 75000 crores of IPO are in the pipeline. Choose wisely and look for the clues to invest. Buy on Dips and Sell on Profits. The best Mantra to Invest.

Good Time to Invest

2009-09-17T00:19:00.000+05:30

Though the SENSEX is on a high. It is good time to invest in the
market. But, play with caution as the world economy is just starting
to look up. The best way to invest is to buy on the dips. Look for
long term invest as going short is not a wise move. Look for the
most least risky proposition. Every company is looking very good on
the paper but, the fundamental problem is that the economy has not
recovered to that extent. The valuation are looking a little
overweight. MIDCAPS are looking good for a little further rally.
Don't look for cheap gains they will hurt to look for the steady chart.

Pick of the Week - VEER ENERGY Target - 40/-

Play Safe Bets

2009-09-10T23:45:00.000+05:30

In this volatile market conditions there is a steady rise in the
Bombay SENSEX and NSE irrespective of all the concerns over
the recession. It is time to invest sensibly. Look for the script
which is not near its 52 week peak. Those which are the most
likely to lose money and valuation. If you want to buy then go
for the MIDCAPS they will make a profitable propositions.

Pick of the Week - EXCEL INFOWAY Target - Rs 108/-

2009-08-31T22:38:00.000+05:30

Recession Proof India

The word 'Recession' has affected everybody in this world. September 2008 brought the menace of credit crunch in America and with that the downfall of big American symbol of financial power such Lehman Brothers. One of the oldest institution of American Capitalism. India as other countries did suffer due to American economy's downturn. But, It was relatively safe due to certain factors that worked in its favour. Indians don't use plastic money extensively as other develop countries. Seventy percent of Indian population lives in Rural India. And in my opinion Rural India is the reason behind the India story. Indian Equity Market has bounced back smartly, Companies have performed above market expectations,present GDP growth and expected GDP growth both are among the best in the world. All this because of two words RURAL INDIA. Analyst as well as Companies have underestimated the spending and saving power of Rural India. Every aspect of Indian Economy is dependent on Rural India. Every sector will perform well if it sees that maximum effort is given to satisfy and services the Rural India. Companies have to understand that Urban India is a small place considering the vastness of Rural India. It is easy to sell in Urban India but the returns are secure and long term in case of Rural India. RURAL INDIA the growth engine of India.

Indian Stock Market

2009-08-29T00:39:00.000+05:30

People are scared of stock market especially after they incurred huge losses in 2008. Last festive session was the worst time for the Retail Investor in India after a huge rally which touched 21000 in the Bombay Stock Exchange. Market analyst were suggesting that the worst was not over. But, contrary to their prediction Indian Share Market have recovered beyond market expectation. Someone who invested during last festive session certainly have doubled his or her portfolio. Market analyst seldom suggest market movement correctly as market don't move on suggestion. Analyst always go by the flow. Nobody suggested that Sensex will hit an upper circuit in the time of Recession but, it did. Nobody suggested that the IT index will be so much robust and support the market during these times but, it did. Everybody talks about fundamentals are sound and are looking good for further rise in the market.
Among all the Emerging Markets India have outperformed every emerging market. Today nobody would dare to say that markets would take a downturn during the last quarter of 2009-10. After peaking in the month of December around 17500-18000. Every indices in India will fall by the last quarter of 2009-10. Sensex may come down to the levels of 10500-11000 or even less.

Pick of the Day - Welspun India Target - 58/- , Cairn India Ltd Target - 268/-