STOCKS


Moneylife Digital Team 09 August 2012
Morgan Stanley Research claims buyback delivers alpha but a closer look shows that it is all random and returns are highly skewed. Not all buybacks work and finding the winner is as good as a coin toss   Morgan Stanley Research (Asia/Pacific), in a recent report, has estimated that...

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Moneylife Digital Team 09 August 2012
Even though margins were under pressure, Apcotex Industries’ overall business climate has improved since price increases were complemented to offset higher cost of raw materials Apcotex Industries (AIL) is one of the leading producers of synthetic lattices (VP latex, SB latex, Nitrile...

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Moneylife Digital Team 09 August 2012
Most of the stocks we have recommended so far have posted excellent results and have fetched good returns. This issue we are adding two stocks to our list—Apcotex Industries and Supreme Infrastructure This issue, we have added two new stocks to our list—Apcotex Industries Ltd and Supreme...

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Moneylife Digital Team 09 August 2012
V-Guard Industries zoomed 19%, Balkrishna Industries went up 9%, while Atul Auto tanked 6%   Gainers: V-Guard Industries Ltd, a fast-growing south-based electrical and electronics company, has set aside Rs45 crore for national branding initiatives as it tries to explore newer...

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Moneylife Digital Team 09 August 2012
The financial performance of Supreme Infrastructure is extraordinary and one wonders how the company is able to pull this off in a capital-intensive business with irregular project cycles Supreme Infrastructure is a rare infrastructure company doing very well. Construction of roads,...

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Moneylife Digital Team 09 August 2012
Shriram City Union Finance rocketed 17%, Bajaj Auto rose 1%, while Jindal Steel and Power fell 7%   Gainers: Shriram City Union Finance, provider of loans for new & pre-owned three- and four-wheelers as well as gold loans, has rocketed 17%. Bajaj Finance, saw its total income, for the...

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Moneylife Digital Team 09 August 2012
Cement companies are contesting the CCI order and investors have hardly skipped a beat. Prudence requires that you avoid at least the expensive cement stocks   In this issue of Popular Picks, some cement companies feature, namely, ACC, Ambuja Cement and Madras Cement. All three are...

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Moneylife Digital Team 09 August 2012
Infosys gave no room for optimism while RS Software has posted excellent results. Be sure to stay tuned in for our upcoming issues, which could see more interesting changes in this list Companies have started announcing their results for the quarter ended 30 June 2012. Beginning this...

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Moneylife Digital Team 08 August 2012
Fast recovery from the previous fall indicates a strong uptrend in the offing The domestic market pared all its gains to settle flat on selling pressure in Bharti Airtel on account of its dismal quarterly performance and lower growth forecast by global research entities. Yesterday we had...

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Moneylife Digital Team 08 August 2012
RBS Private Banking India has released a report wherein it expects the RBI to cut rates by 50 bps and expects the market to touch 5,700 by year-end and finds Indian equities undervalued Investors can look forward to Indian equities outperforming in the second half of 2012 on the back of...

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Moneylife Digital Team 07 August 2012
Positive indications from policymakers boost the indices   The market closed higher for the second day on assurances from the new finance minister to look at easing interest rates and review the retrospective tax provisions. Today the Nifty saw a sharp bounce enabling the benchmark...

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Moneylife Digital Team 07 August 2012
The investment bank feels that India is on the verge of a massive bull market, the fuel to which will come from RBI cutting interest rates and a pick up in investments by corporate India The Indian research arm of Morgan Stanley (MS) is expecting the bull market to pick up in the...

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Moneylife Digital Team 06 August 2012
Positive global cues boost the indices   The market closed higher on firm global cues and sustained buying in blue chips. The benchmark may see range-bound movement before a correction sets in. The National Stock Exchange (NSE) saw a lower volume of 50.16 crore shares. Bulls don’t...

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MDT/PTI 06 August 2012
The Indian bourses have asked members to ensure compliance with the FATF statement about Iran’s persisting failure to address the risk of terrorist financing and money laundering   New Delhi: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have asked market...

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The market will move in a narrow band, until something significant happens Afortnight ago, I had suggested that a 5% decline in Nifty was expected but we got just about 3% decline from the late July high of 5,348 (mistakenly mentioned as 5,333) and that we are headed back towards 5,300....

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MDT/PTI 06 August 2012
Various Mauritius-based entities have sold shares worth close to Rs3,000 crore, while the total stock purchase made by them since 1 April 2012 amounts to just about Rs600 crore -- translating into a net outflow of over Rs 2,200 crore   New Delhi: Mauritius-based entities seem to have...

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Moneylife Digital Team 04 August 2012
The Nifty has to break the range of 5,191 to 5,244 to set a direction The market closed higher in the week as investors had a strong belief that central banks in the US and Europe would announce new measures to boost their sagging economies. But disappointment both from the US...

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Vidur Pendharkar 04 August 2012
It would be prudent to exit long positions in any further rise and those with a penchant for high risk can initiate shorts close to the resistance levels with appropriate stop loss in place S&P Nifty close: 5,215.70 Market Trend Short Term:...

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Moneylife Digital Team 03 August 2012
Nifty has to close decisively below today’s close for a short downturn to start Disappointment after inaction by the ECB on Thursday and concerns about the deficient monsoon led the market lower. Yesterday we had mentioned that the Nifty is now seen moving in a range of 5,190 and...

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Moneylife Digital Team 02 August 2012
Range of 5,190 and 5,245 on the Nifty has to be broken to set further direction   Disappointment from the US Fed and the absence of any domestic triggers resulted in the market snapping its four-day winning streak and close marginally in the red today. On a low volume of 44.70...

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