Tit bits
The Google has made the UI of the blogger (blogspot), so Hopeless, that often I don't feel like updating the blog. Their mobile version is even more worse. Photo: Kiplinger.comAnyway, both the indices ended flat today: The BSE Sensex, was down 24.79 points or 0.05% to 49,492.32. The Nifty 50 index added 1.40 points or 0.01% to close at 14,564.85.
Inspite of the fall in the retail inflation, the S&P BSE Mid-Cap index fell 0.63%. The S&P BSE Small-Cap index slipped 0.38%. On the BSE, 1240 shares rose and 1824 shares fell.
Meanwhile, in November 2920, the IIP witnessed a contraction of 1.9%, reverting back to the declining territory, after rising in the last two months.
To continue with the negative news China is stepping up restricts on social activities near Beijing, following a rise in the Covid - 19 cases.
On the other side Japan is set to expand the state of emergency to more areas of the country, in a bid to stem the rise of corona virus cases.
In Mumbai, the suburban local train services are still in a limbo, probably due to the road transport lobby, who are making hefty money, in absence of local trains - - considered the life - line of Mumbai.
It is surprising why the same is still closed for MALE passengers, only. The political - gender game has created lot of problems for the average Mumbaikars.
In such a situation, it is really surprising how the Indian stock makekets are moving up. I would suggest a caution till the government of India comes up with Budget papers for FY22.
#The stock of Kamath Hotels Ltd (Rs.37.85) have come down to my recommended price. I hope you have taken position today. However, if you have not bought today, then don't buy, as Indian markets could slip down at any time, because the fundamentals don't support.
#My Core - Pati Scheme will commence from the month of Agrayahan, i. e. post 15 January, 2020. So, those who have shown interest should keep the funds ready, for investment in a news driven scrip.

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