STOCKS


Moneylife Digital Team 28 May 2013
The indices are making a valiant effort to rally. A close above 6,135 on the Nifty will be required for stronger upward momentum   Continuing its gains for the third straight day, the market closed higher on support from oil & gas, auto and PSU stocks. The indices are making a valiant...

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The markets have ignored all bearishness, but the upward movement is not sweeping across all stocks and sectors. Good quality stocks are becoming expensive. It is time to take some money off the table and preserve liquidity The stock markets are giving an indication that our economy is...

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Moneylife Digital Team 27 May 2013
Unless the Nifty breaches the high of 6,229, the trend on the index cannot be determined. In fact, there is a strong chance of a decline, despite today’s strong rally   The benchmarks settled 1.66% higher on support from heavyweights in the oil &gas, consumer durables and healthcare...

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The easy money policy of the US, it is feared, is about to end, causing turmoil in the calm global markets After climbing steadily over the past two weeks, global markets suddenly caught a cold on 22nd May when the chairman of the US Federal Reserve Board (Fed), Ben Bernanke told US...

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Moneylife Digital Team 25 May 2013
Market rallies will probably meet with strong selling next week, unless the Nifty and Sensex cross the week's highs   The market snapped its five-week winning spree and ended lower this week mainly on global cues. Feedback from various US Federal Reserve members about reducing its...

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Moneylife Digital Team 24 May 2013
A close below 5,970 on the Nifty may pull the market down further. However, a close above any previous day’s high may bring some relief   The market managed to snap its four-session losing streak and end marginally higher today amid volatile and range-bound trade. A close below...

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Moneylife Digital Team 23 May 2013
Its proprietary indicator, NESII, or the “surprise indicator”, feels that optimism in the market has gone one step too far and a turning point could be inevitable   Nomura expects markets to trend down in the coming weeks, if its “surprise indicator” is anything to go by. According to...

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Moneylife Digital Team 23 May 2013
The Nifty opened at the support we suggested yesterday at 6,050 and moved down sharply. Unless it closes above any previous day’s high, the index will head lower   The market closed near its lows on weak results from State Bank of India and dismal global cues. The Nifty opened at...

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Moneylife Digital Team 22 May 2013
A close above the day's high may bring some relief in the current downtrend. Support is around 6,050 in the Nifty   The market finished marginally down on selling pressure from capital goods, realty and oil & gas sectors, making the third consecutive close in the negative. A close above...

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Moneylife Digital Team 21 May 2013
Most likely for the next few days the rally will be met by selling unless the indices manage to close above any previous day’s high   The market settled lower for the second day in a row on selling in auto and banking stocks. Most likely for the next few days the rally will be met by...

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Moneylife Digital Team 20 May 2013
As the BSE Sensex nears its highest levels since December 2010, we look at what has gone up and down among the 30 Sensex stocks?   As the BSE Sensex crosses its highest level since December 2010, we looked at which of BSE Sensex stocks have contributed to the rally and which have...

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Moneylife Digital Team 20 May 2013
The indices may trend lower unless the Nifty manages to again close above day’s high   The market snapped its four-day winning streak and ended lower today on pressure from the pharmaceutical sector on concerns about the new drug price order. The indices may trend lower unless the...

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Moneylife Digital Team 18 May 2013
The market is headed higher as long as its does not close below any previous day’s low   The Indian market logged gains for the fifth week in a row, this time on a sharp fall in the headline inflation numbers for April, raising hopes of a rate cut by the Reserve Bank of India (RBI)...

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Moneylife Digital Team 17 May 2013
Nifty is currently in a highly overbought zone. Only a close below any previous day’s low may threaten the upmove   A recovery in late trade with support from power, capital goods and realty stocks helped the market recover from its lows. However, caution from ratings company...

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Moneylife Digital Team 16 May 2013
Nifty has to stay above previous day’s low to keep the uptrend intact   The markets ended with minor gains on profit taking and weak cues from its European counterparts. The Nifty to stay above the previous day’s low to keep the uptrend intact. The National Stock Exchange (NSE)...

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FIIs usually put in their highest investments near the market peaks and are usually found to be chasing both market rallies. Do they at least steel their nerves and buy during market declines? Not quite. Here is some evidence over the last five years On 9th April, the Sensex hit...

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Moneylife Digital Team 16 May 2013
NBFCs are hot. Here is what to buy   One business segment that is doing extremely well is non-banking finance. NBFCs (non-banking finance companies) were down in the dumps in the 1990s and early part of the 2000s but those that have survived have come out stronger. Indeed, while...

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In the first of a three-part series we saw how FIIs investment crests near market peaks. In this second part we look at how FIIs, like retail investors, chase prices up and down We pointed our yesterday that the maximum investments by FIIs (foreign institutional investors) came when the...

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Moneylife Digital Team 15 May 2013
A fresh upmove has started. As a long as the indices don’t close below any previous day’s low, the market is headed higher   The market closed at its highest level since January 2011 after the RBI governor on Tuesday rekindled hopes of a cut in interest rates going ahead, on the...

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Moneylife Digital Team 15 May 2013
As results keep swarming in, our portfolio gears up for a shuffle basis relative performances   With the earnings season in full swing, over 30% of the companies in our value list have announced their results, including Petronet LNG, Shree Cement, YES Bank and Cera Sanitaryware. Most...

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