Markets Mojo suggests these 3 stocks to hold or buy in these volatile times.
The list is given below :
(1) Maithan Alloys - Mojo Score -87
(2) VIP Industries - Mojo Score -82
(3) Sharda Cropchem - Mojo Score - 81
Do your own research before making any investment.
Source - markets mojo
BNPL or 'Buy now,Pay Later' is digital e- payments system, which is gaining traction in India.
Amazon,Flipkart,Freecharge and all other major sites are promoting this form of payment.
BNPL grew by 637 % in 2021 faster than growth clocked by UPI payments.
India is set to be big market for BNPL as the spike in these transactions indicate.
Total transaction growth in digital payments in 2021 was around 104 %.
Source - timesofindia
FII's have sold more than Rs 1.4 lakh crore worth of Indian Equities since september 2021.The decisions by fed could hamper FII flow in emerging markets,including India in the coming months.
The US Fed rate hike is a big event spooking the global world markets.There will be solid direction only when the definite hike schedule is announced.Due to speculation, there is confusion and volatility.The Indian markets will only rebound once the situation clarifies itself.It may take weeks or months for the Indian markets to get back the momentum.The DII's and retail investors are keeping the market from going down drastically,otherwise the fall would have been more. Some experts predict that the situation will only get better by May.
You can see the stocks which have higher FII holdings like IT stocks are going down more although they have strong fundamentals.These stocks will come back strong,once this selling by FII stops.
Oil prices are back above $90 per barrel now, and if it hits $100 per barrel in the near term,it will further dampen the market sentiment.
Outcome of UP elections will also be one event that can change the course of the Indian market.
The retail investors should be very careful and be stock specific.
If you are investing in Indian equities and want to know more fundamental and technical about a particular stock, marketsmithindia.com is a very useful site.It gives score about earning strength,price strength,buyer demand and overall rank.
Marketsmithindia(dot)com screens best stocks to invest.It analyses a stock.
Find below a screenshot of the site :
Recently my wife received an SMS on her phone from a number stating that her SBI account has been blocked due to KYC. A link was provided to update kyc.This was from mobile number 8016734776.I told her not to click the link or call the number as it may result in financial loss.This was phishing scam to take information and make you do mistake.No bank will sms you through mobile number.They have a centralized message system.Best is to go to bank and get confirmation,if you are confused.
These phishing attempts first started out as phone calls and emails, but now cybercriminals can also reach you via SMS (text message) through a popular phishing scam dubbed “smishing.” A good general rule of thumb for a text from someone you don't know is to just ignore it or delete it.
I am attaching a video, which has screenshot of the SMS sent.Please beware and avoid getting trapped.Pass on the message to your near and dear ones.
