Bulls & Bear Hfund of India

Highly Susceptible Market Spooked by Fears Markets during the week had a very volatile period shaking even the strongest bulls on the street. The panic selling based on some news or eventsare, historically speaking, good buying opportunities. No fundamentals had changed either for Yes Bank or for housing finance companies such as DHFL for such 50% moves which occurred just on the basis of street expectations which are often irrational in the short-term because they are based on herd mentality. But such irrationality offers good buying opportunity of quality companies as the so-called fear is hypothetical and hence won't last for long. And once the fear subsides the stocks will rebound. As Warren Buffett had quoted “The best thing that happens to us is when a great company gets into temporary trouble. We want to buy them when they're on the operating table." Another such incident occurred this week!The regulator's mandate to cut AMC fees marginally by 0.25% on an ...

TAt the close of market hours on Friday, the Sensex ended up 372.68 points, or 0.99 percent, at 38,090.64. The Nifty closed 145.30 points, or 1.28 percent, higher at 11,515.20. The market breadth was positive as 1,797 shares advanced against a decline of 834 shares, while 183 shares remained unchanged. Week-on-week, the Sensex and Nifty ended lower by around a percent each. In the first half of last week, high crude prices and weak macros weighed on indices. This week, investors will keep an eye on IRCON International's public offer, crude oil prices and rupee movement against the dollar. Market participants will also track fallout of a trade war between the US and China, which has managed to spook the market. Here are 10 factors that will keep D-Street on its feet: Outcome of PM Modi's economic review The government on Friday announced an array of steps, including removal of withholding tax on Masala bonds, relaxation for foreign portfolio invest...

Rs 1.3 lakh crore oil bond burden limits scope for tax cut  The oil price spike during the global economic boom may be history but the Centre is still dealing with unpaid subsidy bills of over Rs 1.3 lakh crore dating back to a decade, leaving the Narendra Modi government little fiscal headroom to reduce tax on petrol and diesel.  The Atal Bihari Vajpayee government had ended subsidy on petrol and diesel in April 2002. But the UPA brought back the subsidy regime to keep pump prices artificially low under pressure from coalition partners,  The subsidy regime was implemented through a three-way burden-sharing mechanism. Under this scheme, the government bore one-third of the under-recovery on fuels through subsidy and the remaining part was split among state-run oil refiners such as IndianOil and BPCL and upstream companies such as ONGCNSE 2.40 %.  The UPA government finally freed up petrol pricing in June 2010 but continued the subsidy on diesel. As the subsidy b...

Nifty 50 is losing its strength with every passing day. The same can be captured in the MACD indicator. The indicator is showing negative divergence with the price action indicating that the prices are moving higher but with lesser and lesser velocity. The upward channel trend line is also acting as a strong resistance. Short term traders should reverse their long positions if Nifty turns below 11600 and medium term positional traders should exit their long positions if Nifty 50 falls below 11400, till such time traders should enjoy the bull ride. Expectations for the Week: Markets are expected to remain largely under the profit-booking zone. IT stocks are undoubtedly riding on the bandwagon of rupee depreciation but in the short to medium term they have reached their overbought levels and are likely to correct soon. However, other export-oriented industries like textiles, auto-ancillaries have still some more room left for an up move. The Indian Government's rhetoric to me...