SEBI Reg. Investment Advisor

Download App

Help Center Pricing

Recent:

Nifty closes below 6,200 on profit booking in index heavyweights

23 Oct 2013 Evaluate

Nifty closed in the red below 6,200 levels amid profit taking in index heavyweight. Further, IT majors continued to exhibit weakness amid profit taking after recent gains in the run up to the second quarter earnings.

Nifty edged higher in opening deals due to lackluster US September jobs report that will lead to the Federal Reserve maintaining stimulus for the US economy in the foreseeable future. A bout of volatility was witnessed as the index slipped in red territory in late morning trade as investors took some profits off the table in the wake of recent gains. Sentiments also remained dampened weighed down by selling pressure in software and technology stocks on profit booking after recent gains. Sentiments also got dampened after Finance Minister P. Chidambaram termed the rising number of bad loans in the banking sector as 'unacceptable,' even as he expressed satisfaction at the growth in bank lending in the first quarter.

In afternoon trade, index extended intraday losses and hit fresh intraday low as after India Ratings and Research stated that the economy would grow 4.9% in the current financial year despite favourable monsoon brightening the scope for agriculture performance. European shares opened broadly lower also added to the pessimistic sentiments. In last leg of trade, there was a good recovery attempt supported by some bluechips but it failed to ramp up much support for the markets to bring them back in green.

NSE sectoral indices made a red closing.CNX PSU Bank up by 2.69%, CNX Bank up 0.66%, CNX Media up by 0.42%, CNX FMCG up 0.27% and CNX Finance up 0.25%. On the other hand, CNX Realty down by 1.32% CNX Energy down by 1.00%, CNX IT down by 0.96%, CNX Commodities down by 0.94%, and CNX CNX Pharma down by 0.86 % were the losers on index.

The India VIX increased by 1.95% at 20.35 as compared to its previous close of 19.96 on Tuesday. The 50-share CNX Nifty declined by 24.45 points or 0.39% to settle at 6,178.35.

The respective Support and Resistance levels of Nifty are: Resistance 6225.33-- Pivot Point 6170.97-- Support -- 6123.98.

The Nifty Put Call Ratio (PCR) OI wise, stood at 1.54 for October month contract. The top five scrips with highest PCR on OI were, L&T 2.00, ACC 1.77, Ultra Cemco 1.66, Siemens 1.60 and Havells 1.94.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

PROPRIETARY FRAMEWORK

Portfolio
Architecture >
Stock Picking.

Stop managing a collection of "tips." Access the ABC Framework to build a portfolio that survives cycles and compounds wealth.

Core for Stability

Booster for Alpha

Amplifier for Exponential Wealth

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Access Sapphire ABC Strategy →

Limited Capacity for New Fiduciary Partners

Nifty closes below 6,200 on profit booking in index heavyweights

MoneyWorks4Me Premium

Follow us at

MoneyWorks4Me

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.