STOCKS


Moneylife Digital Team 27 June 2013
The Nifty has to stay above 5,670 tomorrow to keep the upmove intact. However, a close below 5,590 may signal a fresh downtrend   The domestic market settled off the highs of the day on lower-than-expected current account deficit figures, which led to the strengthening of the rupee. The...

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Moneylife Digital Team 26 June 2013
A close above 5,605 on the Nifty will be the first sign of a reversal of the downturn. A close above 5,675 will be a strong confirmation of the upmove   The range-bound market gave up all its gains in the post-noon session after the rupee touched a new all-time low of 60.35 against the...

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Moneylife Digital Team 25 June 2013
A close above 5,635 on the Nifty will be the first sign that the downturn may be over. A close above 5,700 may give a strong push to the upmove   The Indian market pared its gains in late trade on selling pressure from power, consumer durables and healthcare stocks. A close above 5,635...

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Moneylife Digital Team 24 June 2013
Only if Nifty strengthens above any previous day’s high can we be ready for an upmove   A plunge in the Chinese market and a pullout by foreign investors from Indian stocks led the market lower today. Only if Nifty strengthens above any previous day’s high can we be ready for an...

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Moneylife Digital Team 24 June 2013
A bright future for the company but the stock may have run up too high for now The stock of Greenply Industries has been shooting up over the past six months. For almost two years beginning early-2010, the stock remained completely flat, hovering between Rs180 and Rs220. Then, from...

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Global investors, herd-like, had invested in gold, equities and other assets. They want to exit at the same time On 22nd May, the chairman of the US Federal Reserve Board (the Fed), Ben Bernanke, hinted during a testimony to the US Congress that the Fed may reduce its quantitative easing...

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Moneylife Digital Team 22 June 2013
The market will find the going tough unless there is clarity about the rupee and global capital flows The domestic market finished in the red on global concerns after US Federal Reserve chief Ben Bernanke suggested that the central bank may scale down it bond-buying programme later this...

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Moneylife Digital Team 21 June 2013
If Nifty does not break today’s low on Monday, it may move higher over the next 3-4 days   Late buying in IT and technology stocks amid volatile trade helped the market close in the positive terrain. If Nifty does not break today’s low on Monday, it may move higher over the next 3-4...

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Moneylife Digital Team 20 June 2013
The downtrend may be arrested at around 5,600 on the Nifty   The market saw its highest percentage loss in the past 21 months, which led the rupee making fresh all-time lows. The downtrend may be arrested at around 5,600 on the Nifty. The National Stock Exchange (NSE) witnessed a...

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Moneylife Digital Team 19 June 2013
The Nifty has to close above 5,840-5,855 for a fresh upmove. In case it falls sharply below 5,785 we may see a fall right up to 5,680   The market settled with minor gains amid volatile trade on nervousness ahead of the announcement from the US Fed about the future of its stimulus...

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Moneylife Digital Team 18 June 2013
A close above today’s high would be needed for the market to head higher. A decline may take the Nifty to around 5,680   The market snapped its two-day winning streak and settled lower on selling pressure from banking, consumer durables and PSU stocks. A close above today’s high would...

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Moneylife Digital Team 17 June 2013
The Nifty has to keep itself above 5,815 to sustain the upmove   The market settled higher with the gains accruing in the second half of trade on buying in auto, capital goods and technology and consumer durables stocks. However, the Nifty has to keep itself above 5,815 to sustain the...

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Moneylife Digital Team 17 June 2013
Despite strong return on net worth, the stock is stagnating because of slow profit growth. This may be about to change    Savita Oil Technologies (SOTL) was performing well over the years but profits took a hit last year due to slightly higher debt and accounting adjustments. However,...

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Moneylife Digital Team 14 June 2013
It is not clear whether the market has discounted the possibility that there would be no rate cuts. Even if it has, gains will not last for more than a few days The domestic market settled in the red this week, making it the third weekly close in the negative. The weakening rupee, which...

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Moneylife Digital Team 14 June 2013
The upmove may continue if the Nifty closes above 5,830 The domestic market surged nearly 2% on hopes that the Reserve Bank of India (RBI) will cut rates in its mid-quarter policy review on Monday. The upmove may continue if the Nifty closes above 5,830. The National Stock Exchange (NSE)...

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Moneylife Digital Team 13 June 2013
The bounce, if any, will only be temporary In line with all the Asian indices, the benchmarks back home too ended in the red. The Sensex, which opened 144 points lower at 18,897 ended in the negative for the third consecutive trading day while the Nifty, which opened 51 points lower at...

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Moneylife Digital Team 12 June 2013
A close above 5,845 on the Nifty may be the first indicator of a change in the trend   The market closed in the red on concerns about the economy as industrial growth declined to 2% in April and retail inflation eased less-than-expected. A close above 5,845 on the Nifty may be the first...

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Moneylife Digital Team 11 June 2013
A close above 5,885 on the Nifty tomorrow can reverse the downtrend The weak rupee and a sell-off in metal stocks following CBI action saw the market declining over 1.5% today. A close above 5,885 on the Nifty tomorrow can reverse the downtrend. The National Stock Exchange (NSE) recorded...

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Moneylife Digital Team 10 June 2013
If the Nifty manages to close above 5,920, we may see a few days of gains again   The market ended flat amid choppy trade on concerns of the rupee hitting its all-time low and political developments in Delhi. If the Nifty manages to close above 5,920, we may see some days of gains...

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Suddenly, global bond and currency markets are in turmoil. What is the message for equity markets? Just when the foreigners had convinced themselves of higher growth, lower inflation and lower interest rates, the rupee has crashed. At the same time, the air is going out of all global...

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