Wednesday, April 29, 2020

30.4.20 0616 Hrs IST

1.JK Paper Buyback from the Market announced at a price of Rs 130/= per share.CMP Rs 101.15/=
2.F&O expiry and hence volatility with a positive bias expected.
3.Crude continues to be low
4.Gold and Silver Bullish.
5.$BDI 655;28.4.20

Monday, April 6, 2020

7/4/20,in India

1.$ BDI 614 on 3.4.20
2.India Inc Q4 net will be 5% down.
3.Reliance has invested another Rs 500 Crores in Edu-Tech Platform EMBIBE.
4.Crude may rise marginally ,but there is glut in the Market.OPEC Meet awaited.
5.Till 30th June share buyback by promoters is banned though GHCL share buyback is on and everyday it is hitting the U/C,despite limited to about 4.86%.
6.VIX 55.03 and Nifty P/E 18.22
7.OMCs and Gas sellers like GAIL,IGL etc fancied.
8.Gold and Silver are bullish now.  

Thursday, April 2, 2020

2/4/20 Ram Navmi

1.Subh Ram Navmi!
2.Promoters cannot buy-back shares till June 30th,20.So one can use this opportunity to buy IOC,HPCL,BPCL,MRPL and Chennai Petro, as Crude is low.Others like L&T,Reliance,ITC,NTPC,NHPC etc can be considered in small lots in a staggered manner.
  For a 2 year horizon Private Banks,SBI,Vedanta,Hindustan Zinc,Nalco,Hindalco etc seem good.
3. Prez Trump is mediating between Russia and the Saudis to bring up the  Crude price.So one can judiciously add Oil Cos also.
2015 hrs IST:-
Crude rises by 21% by Prez Trump intervention and Saudi and Russia cutting 10 Million Barrels.CNBC
4.Gold and Silver may go up as Nations start printing notes.
5.Beware of Corona Virus and take care.Take Vitamins especially Vitamin C,proteins,etc.Boil water for drinking purposes.
6.$ BDI 624 as on 1.4.20