#Niveza #Review on Crude Oil Shares
Crude Oil decrease further today by 4% because of no output in meeting of OPEC countries in Doha. As expected, Countries such as Saudi Arabia and Iran are not ready to freeze the output to Jan 2016 levels until October 2016. Countries such as Iran and Saudi Arabia are financially sound and they are not in danger yet compared to other countries such as Venezuela, Russia, and other OPEC members. So naturally they want to take advantage of this situation and improve or prevent their market shares. Their sustainability is more compared to other countries because of their previous years revenues and other factors. But further few months down the line if prices again drops to $30 level, then all these countries have to take a call on freeze and reducing the output of the Oil else few countries will go bankrupt and it will be the very bad event for the entire world markets.

#NIVEZA #SHARE #MARKET #TIPS ::

Market view for the week
The second session of the Budget has begun at the start of the week with crash of the dalal street. The Sensex crashed by 159 points on very first day while the Nifty fall by 44 points. As expected opposition parties targeted the Government on Uttarakhand issue, but as there was stay on debate till 27th April, government refused to participate in the debate. The US Federal, the Reserve Bank of New Zealand and the Bank of Japan were scheduled to meet keeping markets hanging to see if the Central Banks will announce monetary policy.

The very next day bulls roared with the Sensex gaining 328 points while the Nifty surged by 107 points. Ramdev Baba’s Patanjali Ayurved the FMCG Venture came strong with the investment of INR 1,150 crore for current fiscal to set up six processing units and one R&D center as it chases a turnover of INR 10,000 crore in current fiscal. The National Pharmaceutical Pricing Authority (NPPA) has issued notices to 263 firms that were found overcharging during 2015-16. NPPA has informed that during 2015-16, demand notices were issued to 263 companies amounting to Rs 928.32 crore, Minister of Chemicals & Fertilizers Ananth Kumar said in a reply in Lok Sabha. The recovery effected is Rs 12.68 crore.

On the expiry day, nothing happened beyond expectations. Market crashed by 461 points on Global worries and static Budget working. Even as the labor market strengthened, the Fed Reserves kept the rates unchanged citing slower growth in the US economy. Bank of Japan even remained steady and did nothing out of box. BOJ also kept the rate unchanged and the negative rate policy still in charge. The point of concern could be the GDP growth forecast as it has been trimmed for FY17 and FY18. Bank of America Merril Lynch has retained its underweight rating on India and adding India to be the safest bet among the emerging economies. Market experts expects that second half of the year could be better in term of growth and earnings. The biggest trigger could be better monsoon which ultimately can boost Indian economy. But this is nothing but wait and watch condition.

Stocks to watch: Navneet Education is on the upside while Hindalco is on the downside.