Share markets in India are presently trading flat. Sectoral indices are trading on a mixed note with stocks in the realty sector and IT sector witnessing maximum buying interest. FMCG sector is trading in the red.

The BSE Sensex is trading down 2 points (down 0.01%) and the NSE Nifty is trading up by 2 points (up 0.03%). The BSE Mid Cap index is trading flat, while the BSE Small Cap index is trading up by 0.2%. The rupee is trading at 64.13 to the US$.

Indian indices are witnessing volatility today ahead of domestic as well as global economic factors. Result announcements by various companies and the rupee movement are some of the factors said to influence the domestic stock markets. On the global front, market participants are keeping tabs on the ongoing US Fed’s two-day policy meet.

Among all this volatility and uncertainty, we’d like to remind of you of a rather sobering quote from superinvestor Warren Buffett:

Remember that and focus on the fundamentals and long term moats of companies before deciding to invest in them.

Talking of superinvestors, do you know who the super investors of India are?

Not just who they are…but how they are pick stocks? Which stocks they are picking?

My colleagues Rohan and Kunal have made getting access to all of these insights easier than ever.

They’ve compiled all of their interviews for the Superinvestor Project into a special report called The Superinvestors of India.

The report will make a wonderful addition to your value investing library.

As per a report by ratings firm ICRA, the two-wheeler industry is estimated to have incurred a loss of Rs 6 billion due to the three-day discount offered to customers after the Supreme Court ordered a ban on sale of BS-III vehicles.