market moov ahead budget

Union budget for financial year 2012-13 coming in lack of UPA partner ,government is just little bit curious to implement reform process and know better for India to coming revenue from foreign investment is very important for Indian growth story to continue .

After announcement of budget declaration looking impact of hike in auto sector ,hike in freight for railway transportation goods like steel ,cement and other company impacted badly for next quarter .

coming week looking petroleum companies to hike oil prices impact inflation which create hurdle for RBI to cut rates,whatever should be but looking to current investor need to sit on cash for next rally after financial result outcome how FII behave on Indian market.

Political uncertainty also in India so we just be cautious about fresh investment at fall.

Market today

Today market is open on high note sensex and nifty zooming but still lower confidence in market cant support at highher level and profit booking at higher levels seen,afternoon announcement of inflation downward cant make some positive action in market and market close at positively.

Bse sensex open 16700 and nifty open around 5000 mark and at the end of session sensex close at 16483 gain of 360 point where nifty close around 4957 level.

Major gainers are ICICI Bank ,Hindalco Indus, steel Authority, Pantaloon Retail
Sterlite Indus,Tata Motors Ltd gained almost 6% each and looser today are
Idea Cellular Ltd,Bhel ltd, MphasiS Ltd, Asian Paints Ltd,IndiabullsFinService.

Market mood for december 2011

Year of 2011 coming to end of month December this year ups and down in Indian stock market where Nifty pull from 3700 level and going up near to its all time high around 6000 and coming at end of year last settlement for this year currently around 4700 level.
We must see now Nifty is trading not low as before in 2007-8 but some stock trading at year low also surprisingly few stocks at life low side ,investor who's investment in such sector like reality,infra and banking feel pain of stock market ,
In my view Nifty will trading in between 4300 -5000 for this month trading zone ,investor who just sitting on cash and i ask them to hold on now open their hand and just get right time ahead in this settlement period to get some fancy stocks at lower rates for their portfolio also added now may be 2011-12 stock prices is golden opportunity for investor to get best price for coming years.
Investor always prepare herself for long term investment in stock market now for more return then any other investment instrument in coming five years.

Market today

Today indian stock market is very volatile trade stocks moov and down wherever nifty mooving between 5000 and 5070 and close at 5080 same as previous close ,nifty close at 50 point premium from spot.
BSE sensex close down almost 106 point down and close at 16775.
major gainer are pantaloon ,jet airways and jubilent food where losers are sintex ,mundra port ,mphasis and educomp.

sectorial indices

BANK NIFTY     9,061.55      -24.15        -0.27 %
CNX AUTO       3,675.35        -2.90        -0.08 %
CNX ENERGY    7,898.00      -86.20        -1.08 %
CNX FMCG      10,646.10       46.70         0.44 %
CNX INFRA       2,496.50      -52.70        -2.07 %
CNX IT            6,111.10      -64.00        -1.04 %
CNX MEDIA      1,166.65       -7.70         -0.66 %
CNX METAL      2,868.45        2.05          0.07 %
CNX MNC         4,733.05      -39.80        -0.83 %
CNX PHARMA    4,646.30      -33.15        -0.71 %
CNX REALTY       224.35         0.85          0.38 %
CNX PSU BANK  3,042.70      14.90          0.49 %