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4th Feb 2016 Posted in: Blog 0

Blog meant for 5 Feb 2016 Friday Dear friends, Nifty broke the negative streak to close 76 points up. However, the global cues are mixed with no conclusive direction. Nifty is still below the red line and hence no buying signal for short term. Similarly individual companies are also in ‘don’t buy’ zone. The announcements [...]

3rd Feb 2016 Posted in: Blog 0

Blog meant for 4 Feb 2016 Thursday Dear friends, Very weak global cues once again spoilt the day for all markets. Nifty closed 94 points lower to close at 7361. Similarly other markets such as in Europe and US are also down. The Chinese economy slowdown is affecting business all over the world including India. [...]

2nd Feb 2016 Posted in: Blog 0

Blog meant for 3 Feb 2016 Wednesday Dear friends, A quiet and slightly positive start for the markets finally resulted in a significant fall at close. Nifty fell by 100 points to close below the 7500 mark. The late fall for our markets was due to the extremely negative cues from European markets which have [...]

2nd Feb 2016 Posted in: Blog 0

Blog meant for 2 Feb Monday 2016 Dear friends, A volatile day for markets on Monday. Nifty closed 8 points lower. On Tuesday, the RBI’s monetary policy meeting will be help to decide whether rates should be hike or cut or kept unchanged. Most people are expecting the rates to be unchanged. We have to [...]