Green Stocks July 8- Markets Swept Away With Another Trump Moment

In what is becoming a trend since he took charge, US President Trump scuttled any hopes of a significant recovery with comments designed to tip up markets. Reference to the Iranians as 'scum', and an expressed lack of confidence in the future of the ceasefire MoU was enough to send markets skidding down, after the half hearted recovert we had seen over the past two weeks. For investors, it is back to learning from the lessons of the past few months, in picking up fundamentally strong stocks in the green pack, as we have seen these recover much faster at the first signs of recovery. Will stocks have a long way to fall from these levels? With Q1 results season almost here, starting next week, results will only add strength to some of the more tightly priced stocks, as they move into historically low PE territory,. for instance. This will be true of solar EPC firms as well as some solar manufacturing firms, for instance. The new rule of the capital markets, that there is never really a last opportunity to buy a good stock nowadays, has come true yet again, as stocks you thought you had missed buying drift closer to levels you considered promising. The bigger issue, of how well India is placed to handle a repeat, is more important, and this is where the prognosis seems better, lending some strength to the markets. A record high import of oil in June has meant the country remains well positioned to weather the next few weeks if it comes to that, although a severe disruption over months will strain resources and patience both at a time when other issues linked to the monsoons and external anxieties like Pakistan's hope to pin all the blame for any water crisis on India will also weigh. This is the kind of situation that usually throws up breakthroughs in terms of leadership acumen and pragmatism, and we remain hopeful (as if there was an alternative) that such a breakthrough will arrive sooner than later. Before the end of July, preferably. List of Green Stocks Company Name Closing Price on July 7 Change % Year To Date Acme Solar 365.25 -0.52% +55.21% Adani Green 1,504.60 -0.95 % +48.07% Alpex Solar 775.30 - 2.44 % -2.8% Borosil Renewables 594.60 -2.34% +12.47% Clean Max Enviro Energy Solutions 1,254.80 -1.50% - Emmvee Photovoltaic Power 329.15 +0.38% +73.26% Inox Wind 82.72 -3.97 % -29.88% Insolation Energy Limited 108.50 -3.21 % -18.15% KPI Green Energy 396.65 -1.08 % -17.14% NTPC Green 92.70 +0.03% -2.64% Oswal Pumps 406.20 -4.27% -18.99% Pace Digitek 206.17 -1.62 % +11.56% Premier Energies 1,043.90 +1.89% +21% Shakti Pump 566.65 -4.92% -19.42% Solex Energy 998.00 -0.80 % -25.45% Sterling and Wilson Renewable Energy 232.41 -3.19 % +11.66% Suzlon Energy 53.13 -2.30 % +3.64% Tata Power 372.10 -1.35% -1.22% Vikram Solar 183.69 +0.13% -23.04% Waaree Energies 2,823.30 -0.63% -3.86% Waaree Renewable Technologies 977.90 -3.28 % +4.65%