STOCKS


Moneylife Digital Team 04 October 2013
A close below 5,750 may signify a sharp decline The holiday shortened week ended in the positive. This week saw the US government facing partial shutdown and the news making rounds that this may lead to possible postponement of the cut back of the stimulus.   The BSE 30-share...

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Moneylife Digital Team 04 October 2013
A close above 5,935 is required for the upmove to regain momentum The Indian stock market witnessed a highly volatile session on Friday. While Sensex closed in the positive for the third consecutive session, the Nifty closed marginally in the negative, breaking the two days of positive...

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Why has the stock market turned so volatile? Can you take advantage of the volatility next time stocks suffer cascading declines? Given tardy economic growth and declining corporate growth, the near-term picture is not rosy Whether you have been watching from the sidelines or have been...

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Moneylife Digital Team 03 October 2013
If the Nifty manages to close above 5,930 the upmove may gain strength   After a break of a day on account of Mahatma Gandhi Jayanti, the market opened with a gap up and continued to rally throughout the session. It closed almost near the day’s high. The Sensex  which opened at 19,586...

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Moneylife Digital Team 03 October 2013
Fund raising by corporates through primary market during the April-August period surged to Rs3,967 crore through 18 issues, from Rs1,140 crore raised via 13 issues a year-ago Fund raising by Indian companies during August through primary market route jumped more than two-fold to Rs1,726...

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Moneylife Digital Team 03 October 2013
Thursday’s freak trade, the third such incident in 2013, in Nifty futures happened with multiple contracts changing hands with a peak level of 5,996   In yet another freak trade, the National Stock Exchange (NSE)’s October futures surged 2.8% to near 6,000 levels before paring gains. At...

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Moneylife Digital Team 01 October 2013
If Nifty closes above 5,813, a short term rally may be in the offing   The market on Tuesday opened in the positive, but sharply plunged immediately thereafter. However, buyers appeared instantly and the indices traded for the entire remaining session in the positive. The Sensex and...

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Moneylife Digital Team 30 September 2013
Only a close above 5,800 can reverse the current downtrend The market opened with a downward gap today and continued to fall through the day. By the end of the session the indices hit a low since 6 September 2013 and closed almost at the same level. The Sensex opened at 19,644 and moved...

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Moneylife Digital Team 30 September 2013
Gujarat Gas offers good value at the current price Gujarat Gas Company, earlier part of British Gas, is a leading player in the natural gas transmission and distribution business. The company supplies gas to more than 404,000 domestic, commercial and industrial customers and serves...

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The only thing that can take the market higher is the absence of bad news Last fortnight, the market was trying to digest the massive relief rally of the rupee strengthening and then stabilising, and was waiting to see, with some trepidation, what Ben Bernanke, chairman of the US Federal...

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Moneylife Digital Team 28 September 2013
Nifty has to close above 5,900 for the downtrend to reverse The Indian market broke the trend of closing positive for four consecutive weeks by closing in the negative in this week. The BSE 30-share Sensex fell 536.44 points (or 2.65%) to close the week at 19,727.27 while the Nifty...

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Moneylife Digital Team 27 September 2013
Nifty is poised to break down. A close above 5,880 may change the trend The opening of the session were the only few minutes when the market traded in the positive. It went below yesterday’s close immediately and was in the negative for the entire session. The Sensex opened at 19,952,...

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Moneylife Digital Team 26 September 2013
That extreme Sensex low, has a 35% probability, says the brokerage. Morgan Stanley Research (Asia/Pac) has come up with a detailed note, albeit with a level of caution, on the probable direction of the Indian stock market. It expects BSE Sensex to touch by 18,300 by year end. Worst case...

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Moneylife Digital Team 26 September 2013
Nifty has to break the range of 5,800 and 5,950 for a new trend to emerge. The bias is negative. Today on the day of the expiry of the futures and options, the market witnessed a highly volatile session. On a higher volume on the National Stock Exchange (NSE) of 66.63 crore shares, the...

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Moneylife Digital Team 25 September 2013
For Nifty to arrest its downtrend, Nifty has to close above 5907   Except for a small positive move, which happened yesterday, the market fell for the third day, ahead of the expiry of the futures and options which is tomorrow. Except for a little while when the indices today moved in...

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Moneylife Digital Team 24 September 2013
Intraday rallies led to more selling, as suggested yesterday. A decline may be on the cards, either right away or after a short rally On almost the same volume as Monday on the National Stock Exchange (NSE), the Nifty tried moving higher and closed flat today. The NSE recorded a volume...

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Moneylife Digital Team 23 September 2013
On Friday, we suggested that Nifty will enter a corrective period. A few more indications are needed to confirm this.   On a lower volume of 54.14 crore shares on the National Stock Exchange (NSE), the Nifty fell for the second consecutive session. The fall on the Sensex and Nifty has...

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Moneylife Digital Team 20 September 2013
After four weeks of rally, there is not much of trigger left to take the market higher. A period of profit-booking and correction is likely to set in This week was full of surprises and extreme volatility with US Fed abstaining from tapering its monetary stimulus while Reserve Bank of...

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Moneylife Digital Team 20 September 2013
The indices may struggle for a day before a correction starts Today the domestic indices opened cautiously ahead of the mid-quarter policy review. The market was moving flat until the Reserve Bank of India (RBI) came in with its surprise decision of raising its key policy rate when the...

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Moneylife Digital Team 19 September 2013
On Tuesday, we had suggested that the index was coiled up to make a major move. Today, thanks to the policy of US Federal Reserve, it made a monster upmove.    Unlike what the market anticipated, the US Federal Reserve after a two-day policy meeting refrained from reducing the...

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