STOCKS


Moneylife Digital Team 26 August 2013
The upmove on Nifty may continue if it manages to close above 5,455   The Indian indices on Monday opened in the positive for the second consecutive trading session and remained in the positive for most of the session and closed marginally higher than Friday’s close. The fall in US home...

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Moneylife Digital Team 24 August 2013
If the weekly low holds, the Nifty is  likely to move up   We had five consecutive weeks of negative closing on the Sensex and the Nifty, following severe decline in the value of rupee. However, the pace of decline is slowing down. The Sensex has lost 79 points (or 0.42%) to close the...

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Moneylife Digital Team 23 August 2013
The Nifty has to stay above 5,455 for the upmove to continue The improved factory output in the euro area which was more than what the economists estimated and the fewest US workers in more than five years applying for jobless benefits boosted the market sentiments. The indices could...

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Moneylife Digital Team 22 August 2013
A close above 5,425 on the Nifty may signal more strength The indices back home had a slightly lower opening today and throughout the morning session it moved around yesterday’s closing. However from the beginning of the noon session they begun moving higher and continued till the end of...

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Moneylife Digital Team 21 August 2013
As we mentioned on Tuesday, a higher high and higher low on the Nifty will be the first sign of stability. We may see this happening in a day or two The domestic indices opened in the positive after three days of negative opening, on the back of Reserve Bank of India (RBI) measures to...

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In good times, Indian markets are valued highly. However, when times are bad, certain stocks can go down drastically. It is the undervalued stocks that investors should look out for. How to find them? Indian stock investors are a worried lot. While the Sensex and the Nifty have been...

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Moneylife Digital Team 20 August 2013
The Nifty has to hold itself above Tuesday’s low and it should try to make a higher high, which would be the first feeble sign that a short-term bottom is in   Various measures announced by the Indian government and the Reserve Bank of India (RBI) failed to control the fall in the...

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Moneylife Digital Team 20 August 2013
According to Morgan Stanley, some of the sentiment indicators appear to be reaching oversold territory and at some point in the next few Nifty points and few days, the market is likely to rally. However, many other indicators say that the real bottom is sometime away The steep fall in...

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Moneylife Digital Team 19 August 2013
While the downtrend in Nifty is strong, watch if it holds Monday's low for the first sign of stability The market fell further on Monday as the rupee hit a new lifetime low of 63.22 against the US dollar. The Sensex closed at the lowest since 12 April 2013, while the Nifty closed at the...

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As an economy, India may not a tiger. But having bet on India, FIIs are surely riding one The Sensex is still hovering around 19,000—just about 10% lower than the all-time high of 2008 (which it tried to challenge in January this year). The index presents a picture of stability. The...

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Moneylife Digital Team 17 August 2013
Nifty may rally a bit mid-week but the trend is firmly down The holiday-shortened week, which had three days of positive trading, was dragged into the red by a single day of huge sell off. The fall may be attributed to the US 10-year treasury yield crossing the two-year high and the...

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Moneylife Digital Team 16 August 2013
As the US Treasury yields soared to their highest in two years yesterday, foreign investors sold off bond and equity, pushing rupee to an all-time low of Rs62/$  The Sensex today fell by a huge 769 points, a selloff that has no apparent reason except that the rupee weakened a bit...

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Moneylife Digital Team 16 August 2013
Nifty crashed through 5,635 and headed sharply lower. More decline may be in store   As the Dow Jones Industrial Average crashed yesterday by 226 points and US 10-year treasury yield crossed 2.8%, a 2-year high, the Reserve Bank of India (RBI) measures to control the rupee fall by...

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Moneylife Digital Team 14 August 2013
For the Nifty to keep rallying, it has to make a new high and hold itself above 5,672   Today the Sensex and the Nifty closed in the positive for the fourth consecutive trading day. Sensex opened at 19,299 and soon hit a higher low of 19,204. After which it witnessed a lot of...

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Moneylife Digital Team 14 August 2013
Sensex has declined 8% from its high of 23rd July as rupee depreciated fast due to structural problems. BNP Paribas in its India strategy report explains the factors to consider while investing now After the recent sharp decline in Sensex, investors should look at high quality cyclical...

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Moneylife Digital Team 13 August 2013
The Nifty may rise higher as long as it manages to keep itself above 5,635 The weak industrial production data for June 2013 made the indices to open lower. At the beginning of the session both Sensex and Nifty indices hit their lows for the day but soon managed to gain strength and...

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Moneylife Digital Team 13 August 2013
M&M's June quarter volumes were driven by robust growth in the tractors segment, however, volumes from automotive segment remained flat as utility vehicle volumes witnessed a sharp slowdown Mahindra & Mahindra, India's largest tractor and utility vehicle maker, on Tuesday reported a 17%...

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Moneylife Digital Team 12 August 2013
As suggested on Friday, Nifty rallied and crossed the first hurdle of 5,600 today. For the bulls to feel confident, Nifty will have to close above 5,660 tomorrow   Both the Sensex and the Nifty opened in the positive. Sensex opened higher for the third consecutive trading session by...

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Moneylife Digital Team 12 August 2013
SBI's first quarter net profit fell to Rs3,241.1 crore from Rs3,752 crore as its gross NPAs grew to 5.6% from 4.99%, a year ago period State Bank of India (SBI), the country's largest lender, on Monday reported 13.6% fall in its first quarter net profit due to higher provisioning of...

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Moneylife Digital Team 09 August 2013
A slight strength in rupee can spark a market rally. This very likely since dollar has been weakening over the last week. The holiday shortened week too ended in the negative for the third consecutive time. Market moved down on the concerns of weakening rupee and on growing uncertainty...

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