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

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