Share market –a dodgingly deceptive trend:

---

Not necessary that if index goes higher it benefits every trader as it is the outcome of only certain selected shares going up with others either remaining stranded or losing margins in the lower directions. Two days before closure of the last week Sensex and Nifty both showed higher trends but the week ending with last Friday it closed at Sensex -339.90 and Nifty -100.60 with a heavy setback to majority of shares. The overall index moved more downward than upward with a touch of volatility giving no chance to even those who deal only in index. Political scenario in the country viewed with a closer look with the governmental mechanism concertedly concentrating on developmental activities, what is expected of the Indian share market is stable growth in its dealings which is blatantly lacking. Which miracle the share market is looking for to boost up its activities is a big question mark.

Technorati Tags: sharemarket,dwondle,stranded,index,boostup,miracle,volatility,political,scenario,machinery,questionmark

Share market in a snail’s mode:

---

It has been a typical behaviour of the Indian share market that moved up and down in most unpredictable a manner during the last week followed by an upward trend when the market opened yesterday. Overall it was a snail’s speed with which it worked. After Prime Minister Modi’s triumphant visit to America with his remarkable speech at the United Nations followed by his magical address at Madison Squire, New York, there were all expectations that the Indian share market would move higher with a plus factor but the traders got disappointed when the market closed on Monday with both Sensex and Nifty in a negative manner. Bulls did look slightly dashing at a certain point but it was just momentary as bears finally overpowered them assisted by snails. Experts still say that the market may soar in days to come after Modi returns to India but that is again nothing more than a mere guess and what tangibly occurs is to be seen and experienced only.

Technorati Tags: bulls,bears,snails,sharemarket,negative,experts,overpower,narendramodi,newyork,triumphant,guess

Make in India–most radical a slogan:

---

Innovative and radical, ‘Make in India’ is a revolutionary slogan given by Prime Minister Narendra Modi which inspires a great deal of self sufficiency on the part of Indian manufacturers and producers and also the exporters. Once developmental activities are set in a proper gear, this should be well nigh possible for the country to be self dependent. Prime Minister Narendra Modi is virtually acting as a brand ambassador on that count –the dresses he wears have already assumed much greater a popularity abroad in countries like USA and UK. Potentially India is rich enough on production front and if exploited earnestly this is sure to elicit bigger results. This is in fact the time for Indian producers including those in the agricultural areas to harness themselves to the task in a proper spirit in which direction the ball is already set rolling by the Prime Minister himself. Let ‘Made in India’ be a popular stamp on a global measure.

Technorati Tags: products,production,manufacturers,producers,exploit,popularity,ball,primeminister,potential,brandambassador

A cut in diesel prices in the pipe line:

---

If it finally happens it is something that would occur for the first time  after 7 years. Thanks to present government led by the Prime Minister Narendra Modi. Diesel is a most consumed fuel in India and both rise and fall in its price affect millions of people in the country. The reduction in diesel prices is a likelihood as the oil marketing companies have started to make profits as a result of crude oil falling sharply to $98 a barrel followed by Indian rupee appreciating against dollar. Besides relief to consumers it may equally play a vital role in checking inflation. Indians being victims of hard hitting soaring prices in general throughout the country it may prove to be much of a relief to them. If media channels are to be relied upon, such a measure of relief has every likelihood for its implementation by the end of the current month.

Technorati Tags: primeminister,narendramodi,soaringprices,diesel,crudeoil,media,relief,likelihood,implementation,reduction,prices,cut

Share market–a tilt of surging ahead but stagnant:

---

Lack as it does for quite some time the share market has a tilt of surging ahead but is moving stagnantly with traders being at a fix on their transactions. Even as on date the index shows a higher trend but major part of shares are suffering from a decline indicating that the upward trend is confined to certain selected shares. This is time for the traders to deal in shares on a selected basis without acting as free stylers. The very likelihood appears to be for the market to go ahead upward in the near future but the chances of volatility in between can’t be ruled out.

Technorati Tags: sharemarket,dealing,transactions,traders,volatility,surging,upward,selected,basis,future,trend

Soaring prices–business hawks are on a loot:

---

More than a month back a news was published in this very blog as per the relative link ….http://gallery-neelkanth.blogspot.in/2014/07/relief-on-drug-priceslittle-but-it.html highlighting certain relaxations announced by the government in relation to certain specified drugs mainly including those relating to diabetes, blood pressure and heart ailment. It was more than a month back but the business tycoons dealing in drugs continue to act as a major hurdle even as on date. They are still charging the higher rates applicable earlier on the pretext that they have not yet received any official instruction for the purpose. They are telling a lie as they are the same persons who implemented increased rates immediately they were announced by some quarter or the other in the past including the quarters not at all recognised in the context. In fact it is these hawks in the business who are responsible for soaring prices who just bother three hoots even if there are necessary directions as from the government. The need for the government is to first fix the high handedness on the part of the drug mafias and the tycoons dealing in other commodities before issuing directives aimed at reducing the prices to bring the market to a normal, or at least near normal, level with the element of compatibility with consumers.

Technorati Tags: business,marketing,soaringprices,mafias,tycoons,hawks,commodities,compatibility,consumers,government,directives

There lie the roots of soaring prices:

---

There are many a high earning islanders who flourish on black money or the money earned through corrupt practices even at the level of so called low status wage earners. If one goes by the press news, a peon belonging to KDA (Kanpur Development Authority) owns assets to the tune of 100 crores of rupees. Wherefrom he earned this much of property including cash? Obviously through nefarious means. There could be thousands of such people in the city and adjoining areas. If this man is proceeded against with some drastic punishments, chances of which are only remote in the system that obtains on date, he will use money to win the favour of the authorities that be as a bribe to get out of the trouble. Obviously the huge amount of money will change hands and ultimately it goes in the market where it forms a circle with bad money. Such deals taken in totality become the root cause of undue money responsible for soaring prices and they are of the type which don’t fall in the category of the checks the government plans as a curb on every day growing prices. In fact what may serve the needed purpose doesn’t lie merely in imposing curbs on the traditionally identified areas and what may elicit the desired results is to unearth the deals at much lower a level also like that of a petty peon making money to the tune of more than 100 crores. The case under reference is not a solitary instance as there could be an innumerable lot of them.

Technorati Tags: brive,favour,blackmoney,nefarious,solitary,government,innumerable,lot,results

Share market–Index zooming upward but with a trend downward:

---

Sensex crossed 26000 mark yesterday for the first time in its history with Nifty following it on the same pattern. Today morning the session started on an encouraging note and continued its momentum for first few hours but collapsed reaching -517.97 Sensex and -163.95 Nifty by the time it closed for the day. It was a record high of 26,123.55 points for the Sensex on Monday on expectations of a sound budget proposal of the Railways today after noon as a result of which the stocks of the companies related to railway sector continued surging much upward. The proposed measures like FDI in railways, increasing the number of trains and introduction of bullet trains were the attractive features for the traders and their enthusiasm was fully manifest on their deals on Monday but today it was totally a u-turn for the market and there was a sharp downfall early in the afternoon even before the rail budget was scheduled to be placed. If it was for the better prospects in stocks relating railway related shares the spree should have been continued equally today but it was not. This has made the scenario for the next few days more suspenseful coupled with general union budget due to be placed on 10th of this month.

Technorati Tags: traders,sharemarket,stockmarket,budget,suspenseful,scheduled,index,deals,railways

Share market–false predictions:

---

There were some eye brows raised as from some of the readers when I pointed out certain salient features in relation to investment timings in my earlier post as per the link given below:

http://gallery-neelkanth.blogspot.in/2014/06/share-marketinvesting-in-uncertain-times.html

What I pointed out was in the context of experts advice to refrain from investing in shares at least till such time the proposed Union Budget was over. What could be visible even from a layman’s angle of approach is that with hard financial decisions as indicated from the governmental quarters from time to time there was every likelihood for the stock market to undergo an adverse impact of it but the experts in the field were supposed to read writing on the walls more dexterously. Both on last Tuesday and Wednesday the share market did well. Even on Thursday it did moderately well during the day before it slipped to minus zone at the end of the session with Nifty and Sensex closing at -10.35 and -17.46 respectively. Average performance for the day can’t be branded as negative if viewed in composite order. Budget session of the Parliament is just near and apparently there is no reason for the traders to feel panicky on that count. Whatever is to happen can be seen in tangible terms to determine the mode and terms of investment after budget proposals are placed on the floor of Parliament and till then traders and investors need not suffer from apprehensions spelt out on false predictions of course with usual precautions apart.

Technorati Tags: traders,investment,budget,session,parliament,tangible,apprehension,predictions,negative

Share market–investing in uncertain times:

---

Indian share market closed at the end of its last week at Sensex 25,099.92 and Nifty 7,508.80 respectively registering plus factor at 0.15% and 0.21%, nothing like an encouraging performance. Overall the market ran on a drudgery note with element of volatility hovering all around and both bulls and bears looked to be in a posture of compromise. Market remained uncertain throughout the session. Experts opine that no investment is advisable in such a limping stage of the market, an advice not necessarily to be followed by the investors. In fact what is desirable is to go by the performance of the individual shares and not the market as a whole in its totality. Studying each share in its total depth with more emphasis on its performance in the past has to be the primary basis with the company’s balance sheet being treated as a primary factor without any chasing of the yellow scripts. Soaring prices aside, an investor has to keep an eye on developmental plans envisaged by the government with an amount of seriousness. These are some of the factors worth being adhered to by the investors; if yes, it is high time to go ahead with an investment to the extent one can afford.

Technorati Tags: investment,sharemarket,investors,developments,volatility,afford,experts

Share market–clash between bulls and bears=volatility:

---

Volatility is always a worse type of drudgery in any share  market and is cumbersomely boring with distaste. Erupt as it does as a result of neck to neck fight between the bull and the bear it causes more of fatigue with stagnation to the traders coupled with bouts of pluses and minuses with quick but lasting intermissions to a point of an extreme drudgery. It hardly matters whether they fight face to face or back to back as result in both the positions is the same. Extremes in the share market need not be confused with volatility as they are just quite different –in fact extremes of pluses and minuses provide better scope of business to the traders and that stage is a hay hour for them to cash the gaps as against volatility that stagnates the transactions. This phenomenon was more visible in the market for the last few days with unpredictable fluctuations at a slow pace both upward and downward.*

*This write-up meets the queries on volatility raised by some of the readers.

Technorati Tags: sharemarket,fluctuations,volatility,stagnation,traders,pluses,minuses,unprecedictible,transactions,business

Share market–blowing hot and cold:

---

Most usual a characteristic of share market as it is it is moving hot and cold with spurs of volatility in between followed and preceded by extremes. Yesterday the market closed at 348.04 Sensex and 107.80 Nifty. Going by what the experts are opining, the market is likely to perform on a positive note on Monday the 16th June. Scarce monsoon as predicted by weather specialists this year is supposed to act as a deterrent but keeping in view the overall performance of agriculture sector they are still optimistic about irrigation oriented shares and are recommending buying shares like JISLJALEQS for a better yield. The serious note exhibited by the Government of India on inadequate rains is a great source of optimism for the investors. Every thing, however, in the context of the stock market is to be viewed on a minute to minute basis in conjunction with the factor that fluctuations at no stage can be ruled out.

Technorati Tags: fluctuations,stockmarket,sharemarket,agriculture,governmentofindia,optimistic,optimism,factors,experts

A share market steadily prone to higher goals:

---

Many a stock market pundits were divided on its growth prospects even after Modi impact on it was visibly clear with number of them opining that it might take a longer time for the market to pick up the much wanted speed to fulfil the expectations of the traders. Quite visible on the surface as it is now, the  market is in its full gear in quite a settled manner set for an acceleration. Sensex and Nifty both closing at 376.95 and 109.30 points after already crossing the land mark of 25,000 as at the close of business today, there are enough of indications for a positive move. The trend of the market is well marked for its characteristic of moving quite steadily sans unbridled fluctuations which factor is denotative of a sound stability leaving bumper scope for a well organised trading with safe investments. Things remaining the same as they are obtaining now for which the chances are bright enough, there are hey days ahead for those who believe and practice healthy trading. Cares and cautions, however, are always necessary for the dealers in share market howsoever best it looks to have been settled.

Technorati Tags: trading,sharemarket,shares,stockmarket,fluctuations,steady,characteristics,cares,cautions,practice,healthy,stability

Is it that Modi impact has disappeared from the share market?

---

After struggling much between marginal plus and minus yesterday the Indian share market closed at Nifty 11.65 and Sensex 6.58 points. Overall it was an awkward volatile movement without consistently settling any where. Right from the days Narendra Modi’s election campaign gained a momentum there was a deep impact of it on the stock market and it continued moving very much in a well settled manner without undue fluctuations but the trend reversed after Modi was declared elected as the Prime Minister of India. The trend was at its worst when he was sworn in along with his ministerial team. To some extent it could be attributed to a usual sort of imbalance in buying and selling of shares disproportionately but it looks surprising why the market failed to settle some where continuously for days together. It may well lead to the conclusion that Modi’s impact on the market dwindled badly for the reasons not quite explicit. If profit booking at a large scale was the reason it was not to last for days together say beyond a day or two. Possibly it was a chance for the share market  that coincided with Modi’s upper hand in elections and not any impact of his as such.

Technorati Tags: narendramodi,sharemarket,dwindle,fluctuations,coincide,chance,upperhand,volatile

What is it that determines stock market trends?

---

Stock market is well known for its tendency to fluctuate abnormally the main reason of which is the factor of ‘self fulfilling’. I was reading Swaminathan S.Anklesaria Aiyer’s column in Times of India the other day where he elaborated the way the cycle of ‘self fulfilling’ acts. To quote him, it runs like this:

“If enough people think land and stock prices are going to rise and all of them start buying, the price of land stock will indeed shoot up. If all businessmen fear a recession and stop investing, that itself will cause a recession”.

Exactly this very cycle is called ‘self fulfilling’ and is in many ways responsible for large scale fluctuations not only in the stock market alone but equally the other markets where the theory of demand and supply plays a vital role. Now that the new government in India led by Narendra Modi as the Prime Minister is fully in the saddle and investors in the share market are jubilant with the thought that the index will continue rising much beyond where it stands on date tempting them to indulge in large scale buying but this very action definitely has the tendency to go in the reverse direction having a likelihood of recession taking place with a deep fall in the market as a whole. Better it is for the investors to keep this factor in their mind before trading.

Technorati Tags: sharemarket,fluctuations,cycle,recession,invest,buyings,tendency,thought,land,likelihood

Share market sans volatility or over fluctuations:

---

Fluctuations in any share market all over the world are the basic characteristic of it but when they go hyper there is a crash in the market constraining the traders to go berserk which in turn drags it to volatility for want of requisite transactions in the needed direction. It is after a long time that the market is behaving in a normal manner, of course as Modi impact, where it has neither over fluctuations nor is subjected to volatility –changes both upward and downward are normally in a predictable range restoring the much required normalcy with transactional performance being smooth and boundary bound. A trend like this speaks of stability in the deals which traders find quite feasible. The rupee dollar ratio which constantly dwindled downward earlier for a long time before it somewhat settled at 62-63 rupee ratio as against dollar is now in the range of 58-59 with a tilt to touch 57. Restrained fluctuations with a controlled volatility coupled with a normalised rupee-dollar ratio are all the indications of a well settled market movement getting followed by a sound stability. All taken together, the market scenario is all set to a sound proposition bestowing avenues to the traders for better transactional deals well settled and well meant. Thanks to Narendra Modi, the Prime Minister designate of the country, for restoring the much needed stability to the stock market.

Technorati Tags: sharemarket,volatile,fluctuations,stability,narendramodi,dealers,deals,avenues,scenario,restoring