STOCKS


Beliefs about outcomes must be tempered by the underlying conditions. Foreign investors seem to have forgotten that Even the most positive set of foreign investors must be feeling quite foolish about their love affair with India. At the time of writing, the Sensex is just above 16,000....

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Moneylife Digital team 14 May 2012
NSE said there was issue with order inflow, which is now resolved, but there are still some problems in order confirmation. Dealers do not confirm this The trading on National Stock Exchange seems to be facing critical technical issues. According to brokers, they are unable to do any...

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Markets tend to be sceptical about good news, which partially explains the muted reaction to this quarter’s positive earnings numbers. Bad news, on the other hand, is considered far more credible As earnings season in the US winds down, investors might be feeling rather optimistic. It...

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Moneylife Digital Team 12 May 2012
Nifty may find support at around 4,880 The market settled lower as macro economic headwinds continued to weigh on the investors. While the finance minister made some amendments in the Finance Bill 2012, a slowdown in exports in April and March IIP contracting 3.5% led the market lower...

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Vidur Pendharkar 12 May 2012
Bears continue to dominate as bulls desperately look to defend support levels. The trend is firmly down and rallies will meet with selling pressure Market Trend   Short Term: Down             Medium Term: Sideways     Long Term: Down The Nifty opened lower and after a small...

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Moneylife Digital Team 12 May 2012
SEBI while reviewing trading volumes across all currency trading platforms had noticed concentration of large trades and volumes, mostly by two trading members, at USE Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has warned the United Stock Exchange of India...

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Moneylife Digital Team 11 May 2012
Expect Nifty to find support at around 4,880 Another sign of a slowdown in the economy by way of disappointing industrial output numbers for the month of March pulled the market down today. The Nifty again followed the pattern of making a lower low and lower high and ended in the...

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Moneylife Digital Team 10 May 2012
The market is getting oversold but for a bounce, the Nifty has to close above any previous day’s high. Instead it is still making lower lows Across the board institutional selling, which began in the second half of trade was seen as the main reason for the market decline today. Yesterday...

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Moneylife Digital Team 10 May 2012
BSE has decided to exclude Patni Computer Systems from BSE 200, BSE 500 and BSE Mid-cap indices with effect from 14th May. The exchange will include Shree Cements and Solar Industries in BSE 200 and BSE 500 index from the same date Mumbai: The country’s premier stock exchange BSE on...

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Moneylife Digital Team 09 May 2012
If Nifty closes above its previous day’s high, it may signal a change of trend Weak global cues and domestic economic concerns led the market lower for the second day today. Although the market is moving down, there is no momentum to fall. The trend is still down. Look out for the Nifty...

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Moneylife Digital Team 08 May 2012
The Nifty may hit 4800 The market settled near the lows of the day on selling in capital goods, IT and banking stocks and concerns about the lingering European debt crisis. Yesterday we had mentioned that the Nifty may dip a bit and then rally. The index has already seen a fall from the...

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Moneylife Digital Team 08 May 2012
Madras Cements is the flagship company of the Ramco group, a well-known business group in south India. Headquartered in Chennai, its main product is Portland cement, manufactured at its five production facilities spread over southern India, with a current total production capacity of 13mtpa...

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Moneylife Digital Team 08 May 2012
We had written about Amara Raja Batteries Ltd (ARBL) which makes lead-acid storage batteries in our Cover Story (issue dated 8 October 2009), when it was a good bargain to buy the share at Rs130. It is now trading at around Rs292. Its 52-week low was made at Rs179 on 30 December 2011.

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IPOs are usually priced to deliver losses after listing It was wrongly rumoured that the IPO (initial public offering) market is dead. It is, indeed, dead for dud issues at any price and for good issues at fancy prices. The listing of MCX (Multi Commodity Exchange of India) proves that...

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Moneylife Digital Team 07 May 2012
The Nifty may dip a bit and then rally All the Asian indices opened in red after the weak closing in the US on Friday. Slowdown in job creation has raised question mark over the prospects for US growth. Making things worrisome was the outcome of European elections over the weekend where...

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Moneylife Digital Team 05 May 2012
Nifty headed for 5,000-5,045 The market settled lower this week on concerns about the government’s proposed tax reforms, a depreciating rupee and the weakening macro picture. While the market closed in the green on the first day of holiday-shortened week, the losses kept increasing on the...

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Vidur Pendharkar 05 May 2012
The trend is down and rallies should be used as selling opportunities. The next significant turns (most likely tops) in the markets are likely at the beginning of the 3rd and 4th week of this month S&P Nifty close: 5,086 Market Trend Short Term: Down            Medium Term:...

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Moneylife Digital Team 04 May 2012
The Nifty may be headed to the level of 5,045 and then to 5,000 Concerns about the proposed tax issues, the depreciating rupee and weakening macro picture led the market sharply lower today. Yesterday we had mentioned in that the Sensex and the Nifty may be headed down again. We also...

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Moneylife Digital Team 04 May 2012
The residential property in Delhi's upmarket Greater Kailash areas belongs to Fairgrowth Financial Services, one of the entities notified by the Custodian in the securities scam The office of the Custodian, appointed under the Special Courts Act of 1992, has put a Delhi-based residential...

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Moneylife Digital Team 03 May 2012
The Nifty may fall to the level of 5,150 Concerns about the domestic economy and a weak rupee led the market down for the second day in a row. Yesterday we had mentioned that if the Nifty closes below 5,220 we may see the index slipping to the level of 5,155. The losses in the past two...

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