STOCKS


Moneylife Digital Team 11 March 2014
Did Transgene Biotek insiders use structured GDRs as an end game through price manipulation and motivated announcements? We will never know because SEBI refuses to investigate On Monday, Moneylife pointed out, several shareholders of Hyderabad-based Transgene Biotek Ltd are crying foul...

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Moneylife Digital Team 10 March 2014
Only a close below 6,470 the Nifty may reverse the rising trend We had mentioned in the Friday’s closing report that the NSE Nifty will continue to hit new highs over the course of the next few days. On Monday the Indian stock market had a weak opening on the back of weak data from China...

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Moneylife Digital Team 10 March 2014
SEBI, which is preaching to world about corporate governance, has ignored investor complaints about GDR scam and blatant manipulation of Transgene Biotek shares. This is first part of a two-part series Minority shareholders of Transgene Biotek Ltd have alleged misuse of global depository...

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Moneylife Digital Team 07 March 2014
Nifty has moved to a new orbit but is highly overbought The BSE Sensex closed the week that ended on 7th March, at 21,919.79 (up 799.67 points or 3.79%), while the NSE Nifty closed at 6,526.65 (up 249.70 points or 3.98%) for the week. Both the indices hit and closed at all time highs on...

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Moneylife Digital Team 07 March 2014
Nifty will continue to hit new highs over the course of the next few days. Any market decline will lead to buying by investors Indian markets on Friday again made a new lifetime high and recorded the highest daily absolute gain since 18 November 2013. The optimism, which came after...

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These stocks are recording strong cash flows and are reasonably valued. So, a price rise would be a bonus, over and above current high dividends High dividend yield stocks certainly have a place in portfolio construction; but the underlying price performance and relative strength are...

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Moneylife Digital Team 06 March 2014
Until Nifty closes below 6,315, the upmove would continue Taking cues from the Asian counterparts, the Indian indices on Thursday made gradual upmove and closed at their all time high. The BSE 30-share Sensex opened at 21,336 while NSE 50-share Nifty opened at 6,345. After hitting the...

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Moneylife Digital Team 06 March 2014
Benefits of scale can be leveraged at Tier-1 IT to make necessary investments in newer opportunities and this may help outperform Tier-2 IT in future Tier-2 IT stocks have outperformed Tier-1 IT stocks by a wide margin over the last year. Assuming an index with market...

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Moneylife Digital Team 06 March 2014
Niche area and exports are working well for the gelatine-maker Narmada Gelatines makes gelatine, ossein and di-calcium phosphate. It is based in Jabalpur (Madhya Pradesh) and has convenient access to its main, and essential, inputs of crushed bones, acid, lime and good quality water.

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Moneylife Digital Team 05 March 2014
Only a close below 6,270 on the Nifty tomorrow would mean a reversal of the trend Although the Indian stock market opened Wednesday in the positive, it went into the red two hours later. After trading in the red for about an hour the benchmark made a gradual recovery and closed almost at...

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Moneylife Digital Team 04 March 2014
Only a close below 6,245 may bring back weakness in the Nifty   In Monday’s closing report we had mentioned that the Nifty and Sensex may give up more gains, but a close above any previous day's high, would be the first sign of a reversal of the downtrend. On Tuesday, both the indices...

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Moneylife Digital Team 03 March 2014
A new short downtrend has started. Watch for a close above any previous day's high, for the first sign of a reversal of the downtrend We had mentioned in Friday’s closing report that a close below 6,215 on the Nifty may reverse the rising trend. Today the market had a weak opening...

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Is the market trying to anticipate Narendra Modi as the PM? Last fortnight, I had suggested that the weakness of market indices would continue as foreigners wake up to the Indian reality of politics and economics. Well, it turned out to be incorrect. We got two weeks of rally instead,...

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Moneylife Digital Team 01 March 2014
Weakness may set in after Tuesday Last week (ended on 21St February), we had mentioned the BSE 30-share Sensex and NSE’s 50-share Nifty may rise some more. Closing in the positive through out this week, the Nifty has closed the week at its highest since 23 January 2014.   The BSE...

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Moneylife Digital Team 26 February 2014
Nifty may correct only if it closes below 6,200   In Tuesday’s closing report we had mentioned Sensex and Nifty may be volatile and directionless for a day or two. Ignoring the weak data from the US, the Indian market opened Wednesday higher and managed to move further throughout the...

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Moneylife Digital Team 26 February 2014
Dr Reddy Lab hit its 52-week high following launch of Sumatriptan injection in the US market that is used to treat migraine headaches Dr Reddy's Laboratories Ltd (Dr Reddy’s Lab), hit a 52-week high on Wednesday afternoon at Rs2,845 on the BSE. However, it retracted later and closed the...

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Moneylife Digital Team 26 February 2014
NSE feels its new index futures would help investors’ hedge near-term volatility risks in their equity portfolio National Stock Exchange on Wednesday launched its futures contracts on India VIX (volatility index) called ‘NVIX’. India VIX, a volatility index based on the index options...

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Moneylife Digital Team 25 February 2014
If the Nifty closes below 6,175, the index may head lower Ahead of the February futures and options expiry the Indian market on Tuesday witnessed a highly volatile session. The indices opened in the green however soon started giving up gains and by the beginning of the noon session...

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Moneylife Digital Team 25 February 2014
Nomura remains positive on Cadila Healthcare, as it expects US approvals accompanied by business consolidation to help improve margins and profitability, in a research note on the pharma company Cadila Healthcare won a favourable Appeals court decision on Prevacid ODT, which could be an...

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Moneylife Digital Team 24 February 2014
Level of 6,145 on the Nifty may act as support   As we mentioned in Friday’s closing report, Indian benchmark BSE 30-share Sensex and NSE Nifty opened the week lower but continued to march higher and closed at its highest since 24 January 2014. The level of 6,145 for Nifty may act as...

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