Momentum

Momentum is weak and that has affected a large number of stocks in our momentum list. We are making extensive changes to the grader

Gainers
Chettinad Cement was up 9% as the government lifted the ban on cement exports via Gujarat ports. Evinix, a small company making fashion accessories, was also up 9%. Satyam rose 7% on the news that the US recession has not affected its European orders....

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Scrap Political Immunity

Refer to ‘Games Politicians Play’ (MoneyLIFE, 5 June 2008). Practically, all politicians have immunity from paying correct taxes as there are hundreds of such cases where politicians have declared and shown wealth worth crores of rupees. But their sources are never made public nor have the concerned government departments made any efforts to find out or select such cases for scrutiny. They go...

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Trial Trading

I have been reading MoneyLIFE for over a year now and your unbiased methodical stock-picking along with your last year’s report card where MoneyLIFE recommendations have outperformed the best of mutual funds returns has given me the courage and confidence to enter the market and benefit from it. I am a housewife based in Vishakapatnam. Kindly advise which online broker or bank’s services...

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