STOCKS


Moneylife Digital Team 03 November 2012
Nifty may continue to rise if it manages a close above 5,710 on Monday   The market finished the week in the green on positive quarterly earnings reports from corporates but the gains were capped by the Reserve Bank of India’s (RBI) move to keep its key rates unchanged, in its...

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MDT/PTI 03 November 2012
Asking its member brokers to ensure that each order is placed within the prescribed limits, BSE has also reinforced the need for trading members to submit their compliance reports to the exchange on a quarterly basis   Mumbai: In the wake of an erroneous order that caused flash crash...

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Vidur Pendharkar 03 November 2012
The current choppiness and low volatility is treacherous for short-term traders but unless and until 5,751 or 5,619 is taken out in close, the traders’ nightmare will continue   S&P Nifty close: 5,697.70 Market Trend          Short Term: Up                    ...

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Moneylife Digital Team 02 November 2012
Higher high on the Nifty and a close above 5,710 may result in the upmove continuing   The market settled higher on buying in blue chips and global support. Yesterday we had mentioned that the downtrend has been arrested for now and a small upmove maybe witnessed if the Nifty closes...

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MDT/PTI 02 November 2012
Ashishkumar Chauhan appointed as MD & CEO of BSE   Ashishkumar Chauhan has been appointed as Managing Director & Chief Executive Officer of BSE Limited. He was working as the interim CEO till date.   The selection was done by the Selection committees of BSE in co-ordination...

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MDT/PTI 02 November 2012
Wipro’s total income from operations during the second quarter stood at Rs10,620.3 crore, against Rs9,064.5 crore in the July-September period of last fiscal, an increase of 17.16% New Delhi: Wipro reported a jump of 23.8% in consolidated net profit to Rs1,610.6 crore for the second...

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MDT/PTI 02 November 2012
Domestic sales of ‘Tata’ branded commercial and passenger vehicles for October 2012 were at 68,145 units, up 6.74%, over 63,837 units in October last year, Tata Motors said in a statement New Delhi: Tata Motors reported 6% increase in its total vehicle sales to 71,771 units in October...

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Moneylife Digital Team 01 November 2012
Downtrend has been arrested for now. But for the upmove to be strong, Nifty should close decisively above 5,685 Gains in consumer durables, in view of the festive season, and robust sales for October boosted the auto sector today, helping the market recover in the second half of trade....

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Moneylife Digital Team 01 November 2012
V-Guard Industries, an electrical appliance maker from Kerala, has kept up its good form and reported very good results. However, its share price is down 3.62%. V-Guard industries, once again, is on a roll. It has announced another set of results that has beat expectations. The company’s...

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Moneylife Digital Team 01 November 2012
The makers of Maharani brand of basmati has posted 102% jump in net sales which led to a 92% increase in net profit   The second quarter ended 30 September 2012 saw Chaman Lal Setia Exports (Chaman Lal), a micro-cap stock listed on Bombay Stock Exchange (BSE), report good results....

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Moneylife Digital Team 01 November 2012
One of the reasons why shares of some companies trade cheap is poor governance standards   The media highlight the stocks that are hogging the limelight. However, one of the most crucial aspects of popular stocks is rarely discussed in popular media, let alone investor...

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Moneylife Digital Team 01 November 2012
It is the changing price that has turned our preferences against some stocks, while letting others in   Rising market prices have changed relative valuations; so our value list has undergone some changes. Some stocks have become cheap and entered our list while others are deemed too...

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Moneylife Digital Team 01 November 2012
City Union Bank shot up 8%, Nestlé India rose 6%, while Wyeth tanked 8%   Gainers: Chennai-based City Union Bank, erstwhile known as The Kumbakonam Bank, shot up 8%. Nestlé India, a foreign FMCG (fast moving consumer goods) company, has inaugurated its Rs600 crore plant in Samalkha in...

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Moneylife Digital Team 01 November 2012
Rebounding manufacturing growth and auto sales will improve margins   Tide Water Oil Co (India) Ltd is a part of the Andrew Yule group that has diverse interests in engineering, electrical, tea cultivation, power generation, digital communication systems and lubricants. Tide Water has...

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Moneylife Digital Team 01 November 2012
Jammu & Kashmir Bank shot up 16%, Cera Sanitaryware was up 11%, Ajanta Pharma tanked 8%    Gainers: The Insurance Regulation and Development Authority (IRDA) has given the go-ahead to Jammu & Kashmir (J&K) Bank, which mainly provides services in the Kashmir Valley, to sell its stake...

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Moneylife Digital Team 31 October 2012
Espirito Santo believes that slowing volumes and increased competition coupled with high valuation means it is time to sell HUL Espirito Santo Securities has echoed Hindustan Unilever’s (HUL) concerns with volume and has downgraded the stock from neutral to SELL. It feels that consumer...

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Moneylife Digital Team 31 October 2012
“We expect Punjab National Bank to continue to see asset quality troubles for some time as it recovers from the excesses of its past growth. We would stay away, and reiterate our ‘SELL’ recommendation,” says Espirito Santo Securities in its evaluation of the PNB stock The stock of PNB...

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Moneylife Digital Team 31 October 2012
Late gains helped the market close in the green but Nifty’s downtrend may be mitigated on a close above 5,645   The volatile market settled with modest gains on buying support from healthcare, auto and realty sectors. Yesterday we had mentioned that unless the Nifty manages to...

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MDT/PTI 31 October 2012
  During the second quarter, IDBI Bank's gross NPA rose to 3.45% from 2.47% while net NPA rose to 2.04% from 1.57% a year ago   Mumbai: Public sector lender IDBI Bank reported a 6.3% drop in its net profit to Rs483.5 crore in the second quarter of the current financial...

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MDT/PTI 31 October 2012
While LIC sold shares in 15 companies listed on Sensex for about Rs5,850 crore, it also bought shares worth Rs2,300 in seven companies   New Delhi: Booking profit in the recent stock market uptrend, state-run Life Insurance Corporation of India (LIC) offloaded its shares worth over $1...

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