Baja Auto, which is been in numero uno slot in prmium sector is seeing competition getting intensified with loads of new entrants in this space with more better looking and performing bikes. To keep upto the growing markets they have lined up slew of launches happening during the festive season and early 2016. Honda, Royal Enfield and other bike makers like Mahindra are slowly coming into
Friends, Today was the last day of the financial year. Markets saw a huge upside today. The point to notice is that the market was trading 1% up though whole Asia was either in red or flat. The support by European market came in later part of the day. One reason for the upside can be that the Indian mutual funds were buyers today. Today was
Friends, Today the market was very quite. It opened a gap down below its 200 day ema. Nifty traded in a very tight range of 15 points, 5150-5165 for the major part of the day. It was just like any reality TV announcing the winner. The whole episode is just a build up and at last hey announce the winner. The whole day was a build
Friends, The Nifty is in a see saw trade right now. One day up one day down. The March expiry is adding to the volatility. Nifty traded in red for the whole day once again testing the 200 day ema and finding support at it. We don't know for how long will 5170 will hold but for the time being it held. Once again we
Friends, Today was a real roller coaster ride in the market. Nifty opened with a gap up of 50 points and within an hour it filled the gap partly. It traded at 5200 for a large part of the day. But as soon as Mr. Mukherjee announced that the p-notes won't be taxed, the market just shot up 70 points within a minute or so. Taxation
Friends, As expected market corrected to 200 day ema. Today’s fall was not a surprise. All the analysts are saying that Nifty is heading towards 5000 levels but i beg to differ here. Now comes the use of the huge cash pumped in by RBI through a CRR cut of 75 basis points. Liquidity is very high in the market as DIIs are high on cash.