Low gains , no change week

Marginal gains in Mi50 this week  while the large cap moved the nifty almost 3 percent. The mi50 portfolio ended at an absolute gain of 35.1% since Apr 1 2016.

There were no changes in the mi50 but several stocks like 3mindia, Gallantispat, Dhampur sugar and Kiriinds came close to meeting their respective stops.  I suspect we will lose some of them shortly.

image (68).pngimage (69)

Tonights’ job report in the US is likely to be the decider for the potential sep FED hike. I am in the camp of no hike. So post the Monday holiday, I expect a gap up opening on Tuesday here.

Have  a great long weekend!

 

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