1.ONGC Gas Price Reduced by 26% effective 1.4.20.Coupled with low Crude this scrip may fall.
2.$BDI 548 on 30.3.20
2.$BDI 548 on 30.3.20
Tuesday, March 31, 2020
Sunday, March 22, 2020
22.3.20 Cos Are Shutting Down Operations For A Few Days
1.Escorts and another Co have stopped operations till 31st March in some areas.
2.SEBI is trying to stop short selling,without full Physical Holdings,to reduce Volatility.Margins are also being raised.FPIs are selling and the DIIs are buying,The difference is slightly in favour of the former.This,the stopping of Businesses [low income,velocity of the Rupee ] and the $ strength will weaken the Rupee.VIX is still high.
3.Travel,Hospitality industries are hit.IOC has reduced the price of ATF by 12%.Crude price is low.
4.So the fall in indices may be less,but may continue.
5.Some short-covering is expected.
6.Speculators may find it hard,in this scenario.
7.F&O week may witness Volatility.
8.Physical Gold & Silver are priced higher than their Paper counterparts.
2.SEBI is trying to stop short selling,without full Physical Holdings,to reduce Volatility.Margins are also being raised.FPIs are selling and the DIIs are buying,The difference is slightly in favour of the former.This,the stopping of Businesses [low income,velocity of the Rupee ] and the $ strength will weaken the Rupee.VIX is still high.
3.Travel,Hospitality industries are hit.IOC has reduced the price of ATF by 12%.Crude price is low.
4.So the fall in indices may be less,but may continue.
5.Some short-covering is expected.
6.Speculators may find it hard,in this scenario.
7.F&O week may witness Volatility.
8.Physical Gold & Silver are priced higher than their Paper counterparts.
Sunday, March 15, 2020
Depression Ahead.15/3/2020
1.Depression fears abound.
2.Gold and Silver low.Buy Jewelry stocks like PC Jewellers,Titan etc.
3.Crude low,Rupee weak!!!Low Crude good for OMC stocks and weak Rupee good for Oil stocks.OMCs look attractive.IOC has declared a Interim Dividend of Rs 4.5/= to boot.ONGC seems very attractive.
4.Volatility Index VIX very high.Liquidity low.FPIs selling.Markets may fall further.Better to enter the Markets after the VIX comes down.
5.NTPC may declare Interim Dividend soon.
6.Silver looks good.Gold Silver Ratio is high.Gold may rise in India by Akshay Tritiya,in April.
7.Blue Chips,like L&T,Siemens,RIL,ITC,NMDC,Coal India,Ramco Cement,GHCL, look good, in small lots in a staggered manner.
8.$ BDI 631.Too low.Global Trade low,as China is not importing and hence not exporting also.
9.Banking Sector weak.
10.Weak Bonds point to a weak Global Economy.Reputed Institutions predict 50% fall in the Global GDP from 2.9% to 1.4!!!
11.Present scenario eerily reminiscent of the GFC of 2008.
12.GST on Mobile Phones raised from 12 to 18%.Mobile phones may become costly adversely affecting this Industry and the so-called Digital India Mantra.
2.Gold and Silver low.Buy Jewelry stocks like PC Jewellers,Titan etc.
3.Crude low,Rupee weak!!!Low Crude good for OMC stocks and weak Rupee good for Oil stocks.OMCs look attractive.IOC has declared a Interim Dividend of Rs 4.5/= to boot.ONGC seems very attractive.
4.Volatility Index VIX very high.Liquidity low.FPIs selling.Markets may fall further.Better to enter the Markets after the VIX comes down.
5.NTPC may declare Interim Dividend soon.
6.Silver looks good.Gold Silver Ratio is high.Gold may rise in India by Akshay Tritiya,in April.
7.Blue Chips,like L&T,Siemens,RIL,ITC,NMDC,Coal India,Ramco Cement,GHCL, look good, in small lots in a staggered manner.
8.$ BDI 631.Too low.Global Trade low,as China is not importing and hence not exporting also.
9.Banking Sector weak.
10.Weak Bonds point to a weak Global Economy.Reputed Institutions predict 50% fall in the Global GDP from 2.9% to 1.4!!!
11.Present scenario eerily reminiscent of the GFC of 2008.
12.GST on Mobile Phones raised from 12 to 18%.Mobile phones may become costly adversely affecting this Industry and the so-called Digital India Mantra.
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