Recovery on way

Market seems to be in recovery mode. MM figures are slowing turning towards positive side.

Stocks to wat on BSE
SEl Manufacturing
Punjab Lloyd
Sterling Biotech

Stocks to watch on LSE
AKT

LSE - Stocks to Watch

MONY
HBOS

LSE

Stock poised to bounce
Vodafone

Stock to rally further
BGC

Singh is King

Indian Govt has won the majority vote by a narrow margin. Market was expecting this and has already priced in this news in last 4 sessions. Market is up more than 10% in last 4 days.

Now political uncertainty is out of the way, issues like interest rate, inflation will weigh on the equity prices.

MM numbers are improving which is good sign. Next fews days would be crutial to see if market can hold on to gains. Banking sector is the one to watch.

Stocks to watch
Cipla
Punjab Chemicals
United Spirit
Maruti

BSE - Political uncertainty?

22 July is very critical for ruling government, country, stock market and economy. If the government looses the confidence vote, many projects will be shelved which is bad news for the economy and the market. However if they win, things will gain pace and it could be completely different story....

LSE - Start of New Rally?

...may be. Too early to say that. The ratio's are turning postive. Financials and house builder stocks have rallied on back of postive earnings news and falling oil prices. Currently market is so volatile that it takes one bad day for oil for these stocks to loose all gains. Some of the housing stocks have doubled in less than one week. They may under go a minor pullback at that stage before they continue the next leg.

Stocks to watch (for bounce)
BVLN


Stock to watch for further rally
ADN
AMS
BGC
DCA

Fear and Investment

In a falling market, an invetsor needs to keep his cool and make rational decision while investing. I came accross this very good article on Fear and Investment by financial journalist Tom Stevenson.