Sunder’s List

Roundup: S&P +0.59%, Dow +0.92%, Nasdaq +0.27%, Gold $1,411, London -1.98%, Germany -0.76%, France -0.71%. At pixel: Nikkei +1.00%, Hand Seng -0.28%

India’s factory output fell in May for the first time in more than four years amid sluggish domestic orders and stoppages caused by power cuts. (FT)

It must be the economy: Bajaj Auto a reported 5.32% decline in its motorcycle sales. Hero MotoCorp, the world’s largest manufacturer of two-wheelers, was flat for the month. Maruti total sales in May were down 14% compared to the same month last year. Toyota down 35.33%, Hyundai about flat, Honda +9.8%, GM +39.82%, Ford +33.69%Tata Motors down 45.69. (NDTV)

Moody’s hates Indian banks: it has placed debt ratings of 11 banks on review. Moody’s expects to conclude its review within the next three months. (ET)

India’s prospects in Africa look particularly good as a low-cost manufacturer and service provider. Indian industrial groups, including Godrej and Tata, are particularly enthusiastic about growing markets in Africa, where entrepreneurs of Indian origin have operated for many decades. Frontier markets FTW? (FT)

Good luck!



[stockquote]BAJAJ-AUTO[/stockquote] [stockquote]BANKBEES[/stockquote] [stockquote]HEROMOTOCO[/stockquote] [stockquote]HONDAPOWER[/stockquote] [stockquote]MARUTI[/stockquote] [stockquote]TATAMOTORS[/stockquote]

Option Strategies – The story so far


I entered into some options trade, recommended by Stockviz “Option Ideas”. The above trade on TechM long call butterfly was put on 4th Sep. As I go through my options book today looks like all the long volatility trades paid off. Here are a few more that I entered the next day on 5th Sep.



All in all not a bad week I must say!! I will be counting my blessings and exiting these trades shortly.

Login to StockViz by clicking on image and Go Algo!

[stockquote]BAJAJ-AUTO[/stockquote] [stockquote]BANKBARODA[/stockquote] [stockquote]KOTAKBANK[/stockquote] [stockquote]TECHM[/stockquote]