Showing posts with label DJIA. Show all posts
Showing posts with label DJIA. Show all posts

Market moov ahead

Yesterday market again go in heavy selling specially in reality and capital goods sector like infra metal etc.here we look at market movement index and price fall of some specific stock falling more then 10-15% in a day or someone crash around more then 25% in price .

Yesterday also in Malaya press conference com out that KFA not going to ask for bailout they just need extra loan as working capital here we look and see what future ahead for aviation sector .

Aviation sector is in bad situation where growth in passenger rise by more then 15% in a year by year but still we see due to competition in price war still same as 10 years before or may be less .fuel ATF up by almost 700% during that session and operating cost for an airline company fuel share almost 50% now so until this war is not stop and risen in fare not manage to hold airline profit because as international concern price of ATF looking nearby and not guessing a sharp fall here.

what to do with aviation stocks looking bad and not to invest eight er it will affect banking NPA and more sector will join like aviation in future so bad time for banking also.

Recent comment by RBI insisting that sector like infra,telecoms,aviation and reality still pain to come due to high interest rates and heavy debt burden which affect banking also so stock market is not looking good time ahead and we must wait for three month in Indian capital market to invest .
Investor watching where nifty trade price of some mid cap stocks at life low even nifty is much higher then in 2007 but price go below this level so where nifty go down ,by pricing of stock its not looking nifty go down then 4500 levels and this is the worst in Indian market .

investor be cautious from stock like i mansion in previous to avoid heavy lose as FII comment or downgrade any stock price of stocks go down almost 40% from current price be caution to trade and sit on cash for long term investment .

Stock market today

Wall street trading lower today on low volume on concern and uncertaintity in euro crisis.

DowJones and nasdaq close lower then previous close ,all index close down nearly 1% manage to close at 12078 and nasdaq close at 2657.
euorpeon market also closelower with small volume and uncetaintityabout greece and italy.

today now asian market trading lower now nikkei and hangseng index down .5% now ,Indian stock market to open with negtive side today and nifty get support around 5080 level if it break nifty can touch 5000 mark again ,today major result to announce is Tata power and tech mahindra.
stock to watch today is educomp solution and renuka sugar.

US MARKET HIGHER ON THRUSDAY

On hope of announcement by ECB to issue dollar to European banker to ease liquidity and resolve financial issue in euro zone takes positive note for us market on Thursday ,

A significant buying shown in all financial sector indices and other manufacturing industries gave momentum to US market and Dow Jones open with flat opening and end with day high of 11433 up 186 point from its previous close a rise of 1.66% and NASDAQ also close at 2607 with 37 point jump .

Asian market open with high note both hangseng and Nikkei index open almost 2% since previous close showing strength in Indian market too ,Indian market to open in positive and more short covering seen in market but due to hike in petroleum price and RBI credit policy to announce today around 12 noon one should avoid buying and book profit at every rise if your stock get 15-20 % rise in price.