Markets quiet


Dear friends,

Markets traded in a narrow range throughout the day today. Nifty closed 12 points higher at 11583. European markets have closed negatively and US markets are flat tonight.

It is likely that our markets may be slightly weak tomorrow too.

Nifty index is in Hold Zone.

The indications for individual stocks for short term only are –



SELL ZONE – VEDANTA (it has fallen due to general market nervousness and weakness)


L&T company has announced a buyback of its shares from shareholders at Rs.1500 per share. The current price is around Rs.1352.

This means that L&T is having excess funds in its accounts and thinks that instead of keeping it as it is with the company, it is better to pay it back to shareholders who may use for their personal requirements etc.

In such cases, when a company buybacks its own shares, as shareholders of L&T we have two choices:

  1.  Sell back the shares we hold to the company and receive Rs.1500 per share in return
  2. Continue to hold the shares as initially decided for long term and ignore the buyback offer from the company.

Please note that the company will not buyback all the shares that you hold. For example, you may be holding 40 shares of L&T. Depending on the number of shareholders who have applied for the buyback, the company may decide to buy a portion of the shares of each investor. Hence, they may buy 15-20-25 shares out of 40 held by you and all shares will not be purchased.

If you are a long term investor who is looking for good appreciation over the years, then you can continue to hold L&T shares and you need not sell it back to the company.



As previously mentioned a few weeks back, after Sept 15, we propose to send the blog only by email to our participants and it will not be available for reading on the website. If you are not a participant of our Stock Market Workshop, you need not fill it up since you will not be eligible to be a subscriber of the blog.

Currently, on certain days we are sending the blog by email to test the system.

After Sept 15, once we have given enough time for all participants to subscribe to the blog, then we will start sending by email and the blog will not be available on the website. 

If you have already subscribed to the blog during the last 1-2 months, then you need not register again.

If you have not yet subscribed to the blog, please follow the below steps.

1. Click on the red button below (at end of this blog) and a form will open. Fill up the form completely. After filling it up, click on signup.

2. Once you do the above, you will receive an email asking you to click on a link to verify your email ID.  This email may be in your inbox or in your spam folder.

3. Open the email and click on the link to verify your email. You will receive a notification on the next window stating confirmation of your email ID.

The Blog will not be available in public domain after few weeks. Hence, if you do not subscribe, you will not be able to read it.

All the best!

Dr.Bharath Chandra and Rohan

(The above comments are only the personal views of the authors of this blog. Please do your own research before taking any investment decisions. The reader of this blog must understand and take full responsibility for the profit or loss made by taking actions based on the above views)

About the author

Dr. Bharath Chandra

Hi there! This is Dr. Bharath Chandra & Rohan, International Trainers & Success Coaches. We have addressed more than a crore people on Stock Market, Personality Development, Wealth Management and Financial Planning over the past 35 years.

View all posts