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*Financial & Morning Markets updates – 12 May 25*
A fantastic week for Indian Armed Forces as all planned tgts destruction/Neutralization were achieved by the Armed forces under Op- Sindoor ,as per yesterdays DGMO’s statement. But not so good week for stock market investors. Nifty and Sensex closed around 1.39% down , last week. Nifty Bank was worst hit as big players like SBI, Kotak Bank came up with fall in profits. Realty sector also took the brunt of last trading session fall with a decline of 6.5%
It was a non stop 14 days buying by FII which ended in last session, where FII were seen selling. But do you know as per reports, whenever FII was seen buying for 14 days continuously (since 2010), Avg 1 month return ahead was 1.68%, 2 month avg returns 3.63% and 3 month avg was 4.93% and probability of market moving up goes upto 80%. So will this probability work this time too??
Inspite of good April for investors, ET reports suggest that Mutual Fund SIP stoppage ratio jumped to nearly 300% against 128% in March.
(SIP stoppage ratio means , number of discontinued SIPs compared to new regd SIPs). Highest were Mid and Small cap SIPs.
Selling of Gold ETF saw huge low in month of April. Only Rs 5.82 cr of net gold ETF outflow was seen vs 77 cr in March 25. Experts see investors re-entering Gold market amidst inflation and Geo political concerns.
Amidst Indo-Pak conflict, Morning star upgraded India’s Sovereign rating to BBB from BBB(low)
Good news wrt monsoon which is hitting Kerala coast , 5 days prior brings some cheers to market and agriculture industries.
This year if you find, less of Alphonso/Kesar mangoes in market, just don’t worry, it’s all being exported to USA. Their has been sudden surge in demand of Kesar mangoes from US and today US emerges as India’s top export market for mangoes beating UAE .
Well Indo – UK FTA deal is set to be implemented soon..here is list of famous liquors which is likely to see drop of 30-50% in their prices.
Johnie walker
Chivas Regal
Glenlivet
Ballantine
The famous Grouse
Glenfiddich
However, no reductions of duties on any wine will be there.
Air India & Air India Xpress is offering 100% refunds or one time rescheduling to all Defence personnel who have booked flight under Defence Fare ticket upto 31 May 25 (travel date). They can reschedule dates upto 30 June 25.
*NPS – Best Fund house*
Value Research has given the best Funds details under NPS based on their annual performance till date
*Best Equity Plans Annual returns*
1. DSP Pension Fund- 19.44%
2. Kotak Pension Fund- 9.5%
*Government Bond plans annual returns*
1. DSP pension fund- 13.67%
2. UTI pension fund- 13.49%
*Corporate Debt plans annual returns*
1. HDFC Pension Fund- 10.36%
2. Tata Pension Fund- 10.27%
Even a normal Government Bond plans are yielding 13%+ annual returns, a good place for those looking for FD alternate investment plans.
*Market Today*
Equity markets are set for Relief rally/bounce back today, post announcements of ceasefire on borders.
A big opening is likely today … Analysts see 24300-24400 levels opening today morning, bringing cheers to investors.
Can this sustain throughout the day??
Analysts doesn’t see much so bright days ahead in this week. Most technical indicators points to weakness/downfall unless the Nifty reclaims 24500 levels.
Today, a good relief rally can be seen , which should pull back the markets , however in case of any fall, short term levels of 23800 acts as immediate support, which if breached can take market to 23500 levels.
However Nifty move above 24550 can give good upward momentum to markets.
Analysts have advised not to have any fresh or long term investment buys till Nifty crosses decisive 24550 levels.Till then high chances of Volatility will keep bothering the markets.
Good news is Analysts doesn’t see a long term impact of Indo- Pak conflict on markets as of now, unless it escalates further.
*BUY Recommendations*
Technical research team from Anand Rathi, Tradebulls Securities, ICICi securities have given BUY on DIP call on following stocks with long term perspective
ICICI Bank
Kotak Bank
Home first finance
SBI
BEL
SRF
Samvardhana Motherson
Titan
HAL
UBL
L&T
Solar Industries
Marico
United Spirits
*STOCK NEWS*
Godrej properties plans to launch housing projects worth Rs 40,000 cr and plan to retain its position as top listed real estate firm in terms of sales bookings.
Canara bank mobilized 16,700 cr in 10 weeks
SRF, Raymonds, UPL etc will declare their Q4 earnings today
Reliance power reports Q4 profit of Rs 125 cr against loss of Rs 397 cr loss last year.
Sule vineyard has announced a dividend of Rs 3.6 per share. Ex date 23 May
*Gold/Silver*
A sector which is now keeping maximum investors interested is metals especially Gold and Silver
As Indo-Pak conflict reduced, so did the Gold prices.
Gold fell to 98300 levels today
Silver also corrected slightly to 98900 levels this morning
So, rejoice the recovery rally today, and wait for 24550 levels to plan your portfolio ahead!!!?
Happy Investing!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
