STOCKS


Moneylife Digital Team 20 March 2013
Manappuram crash testifies what Moneylife has been saying for a very long time—that gold-loan companies are built on extremely shaky and fragile foundation with poor supervision   The share price of Manappuram Finance is down nearly 30% in just two days, tanking to Rs24.60 from...

Read More



Moneylife Digital Team 20 March 2013
The proposed IPO would comprise at least 25% of equity capital, giving a valuation of Rs2,800 crore to Bharat Business Channel Bharat Business Channel, the direct-to-home TV subsidiary of the Videocon Group, has received the approval from the Securities and Exchange Board of India for...

Read More



Moneylife Digital Team 20 March 2013
If the Nifty stays above 5,720 tomorrow a short rally is likely. A close above 5,745 will mean a continuation of the pull-back. On the downside, the support is at 5,660 The market settled lower as the political logjam in Delhi ignited worries about inflows from foreigners and a...

Read More



Moneylife Digital Team 19 March 2013
Nifty may try to bounce back but may get stalled at 5,820   The market closed in the red for the third straight day following the pullout of the DMK from the ruling UPA led coalition government at the Centre. A statement by the RBI in its mid-quarter policy review that, “headroom for...

Read More



Moneylife Digital Team 18 March 2013
Unless the Nifty closes above 5,970, the market is headed lower   The market settled in the negative as cautiousness prevailed a day ahead of the RBI’s policy review and on weak global cues. Unless the Nifty closes above 5,970, the market is headed lower. The National Stock...

Read More



Moneylife Digital Team 16 March 2013
If Nifty goes below 5840, it may break the recent low of 5,664   The market settled lower as economic indicators released during the week pointed to a slowdown in growth and on nervousness ahead of the Reserve Bank of India’s (RBI) policy review, due on 19th March. Unsupportive global...

Read More



Moneylife Digital Team 15 March 2013
  If the Nifty breaks below 5,840 next week, the market may go below the recent bottom of 5,664   A sell-off in realty, banking and oil & gas stocks after the government and the RBI said it they would probe the money laundering charges in the top three private charges, dragged the...

Read More



Moneylife Digital Team 14 March 2013
Nifty may get resisted at 5,920-5,950, followed by a significant decline   The market closed in the green, recovering all the losses incurred on Wednesday and snapping its three-day losing spree, on a smart performance by realty, banking and capital goods sectors. The Nifty may...

Read More



Moneylife Digital Team 13 March 2013
Nifty may try to rally but it may not sustain beyond 5,920   The market settled over 1% lower as investors wait for the release of the headline inflation numbers for February tomorrow. Lacklustre global markets also weighed on the sentiments. The Nifty may try to rally but it may not...

Read More



Moneylife Digital Team 12 March 2013
Nifty will now move sideways in the range of 5,880-5,980 The market settled lower as the economic indicators released today dashed hopes of the Reserve Bank of India (RBI) cutting rates in its policy review next week. The Nifty will now move sideways in the range of 5,880-5,980. The...

Read More



Moneylife Digital Team 12 March 2013
Nomura has come up with its fortnight valuation monitor and finds that forward Sensex PE is at 13.3x after a minor downgrade in EPS. Earnings for Sun Pharmaceuticals, NTPC, Power Grid Corporation, GAIL and UltraTech Cement have been upgraded Nomura Equity Research (Nomura) has come out...

Read More



Moneylife Digital Team 11 March 2013
As suspected, the Nifty has stalled. The next two days will determine whether we see a pullback or a rally to new short-term highs. If the market goes down, the support is at 5,865 The market snapped its four-day gaining streak and settled lower amid a highly volatile session on...

Read More



Moneylife Digital Team 11 March 2013
ESS has come out up with its monthly report and realised that its expectations were too high and needs toning down. But it still remains optimistic and expects the economy to recover and RBI to slash interest rates The latest brokerage to get “seduced and dumped” is Espirito Santo...

Read More



Moneylife Digital Team 11 March 2013
A low margin business with virtually no institutional holding    Supreme Petrochem (SPL), with a market share of more than 50%, is the leader in polystyrene (PS) business in India. SPL is also the largest Indian exporter of PS, exporting to over 80 countries around the globe. SPL’s...

Read More



Valuations are not compelling and since poor governance is unable to deal with inflation, fiscal deficit and current account deficit, earnings growth may be muted. A big worry: consumption growth is low and savings rate has fallen sharply. Bulls face a tough going. Analysis by Debashis Basu...

Read More



Moneylife Digital Team 09 March 2013
The Nifty will find it hard to break through 6,000 in this rally. If it does, the next resistance would be around 6,025 The market settled in the green, snapping its five week losing streak, mainly on signs of economic activity across the world picking up. Positive indicators from Japan,...

Read More



Moneylife Digital Team 08 March 2013
Nifty will hit a resistance on Monday but if it manages to close above 5970, the rally may continue The market closed in the positive for the fourth day in a row on gain in oil & gas, FMCG, metal and banking stocks. Positive global cues supported the sentiments. Nifty will hit a...

Read More



Moneylife Digital Team 07 March 2013
The Nifty has crossed the first target of 5,850. The next target is around 5,940   The market closed in the positive aided by a splendid recovery in the second half of trade, settling higher for the third day in a row. The Nifty has crossed the first target of 5,850. The next...

Read More



Moneylife Digital Team 07 March 2013
CRISIL is not a stock broker which is not serious about its buy calls and target prices. Indeed, CRISIL’s ‘analysts’ are supposed to be more hardnosed than equity analysts, given that CRISIL is an ‘expert’ in rating debt. If so, what can explain this kind of analysis and recommendation?...

Read More



Moneylife Digital Team 06 March 2013
The rally that started on Monday morning may last for another two days. The Nifty may stall at around 5,850   The rally that started on Monday morning may last for another two days. The Nifty may stall at around 5,850.  The National Stock Exchange (NSE) recorded a volume of 72.52...

Read More

Free Helpline
Legal Credit
Feedback