STOCKS


Global environment is benign, just now. Local environment is not It’s been five years since the world faced a major financial meltdown. The memories of that fateful October are fading. Over this period, the monetary authorities of three major economic blocks, namely, Japan, Eurozone and...

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Moneylife Digital Team 06 December 2013
Nifty is on an uptrend which will be threatened only if it breaks 6,150 For the second week the indices finished positive. There are not too many sellers which is why the price is drifting higher. However, bulls lack conviction too. Even on Thursday, when many were expecting markets to...

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Moneylife Digital Team 05 December 2013
After declining for two days, the stock markets shot up on expectations of BJP’s victory in Assembly elections but the upside for the index is limited On Wednesday, we suggested that while the index has given up some gains, the uptrend is not under threat. On Thursday, the stock markets...

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Moneylife Digital Team 04 December 2013
NSE Nifty has given up more gains as we mentioned on Friday and Monday but a strong downturn is not yet in the offing For the 2nd day in a row both the Nifty and Sensex have fallen, which means the bears are back. The markets opened lower, and stayed weak throughout the session. A...

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Moneylife Digital Team 03 December 2013
Nifty and Sensex traded weak throughout the day as positive manufacturing data from US has strengthened case for tapering As suggested last week, the stock market is in the process of giving up some of the recent gains. The weakness has surfaced as the US reported strong factory...

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Moneylife Digital Team 03 December 2013
Morgan Stanley has also listed six key drivers that will determine where the markets will be headed along with their views Morgan Stanley expects Sensex to hit 25,600 as the best case scenario and 17,000 as the worst-case scenario. Morgan Stanley is bullish on information technology and...

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Moneylife Digital Team 02 December 2013
Nifty and Sensex opened marginally up on positive cues like better GDP data, improved PMI figures in Europe and China and end to the sugar industry impasse On Friday, we expected the stock markets to open the week higher. On Monday the markets opened slightly in the red but moved up...

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Moneylife Digital Team 30 November 2013
The week was characterised by erratic movement in the stock market at the start, and a strong finish, with improved sentiment Last week, we had suggested that this week (25th to 29th November) would result in a weak rally. The Sensex and Nifty did indeed rally this week, but ended on a...

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Moneylife Digital Team 29 November 2013
Nifty may open higher on Monday but may start giving up some gains either later in the day or Tuesday. Yesterday, we suggested that the market was in the grip of a strong short-term rally and may continue to move. It recorded strong gains to end the week on a good note. There was hardly...

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Moneylife Digital Team 28 November 2013
The bulls pushed the stock markets up and ensured the bears did not take it down. The entire trading session remained firm, notwithstanding a minor correction which didn’t last long On Wednesday, we had mentioned that there would be a possibility of a rally, especially if the Nifty...

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Moneylife Digital Team 27 November 2013
After a dull session, neither the bulls nor the bears have the upper hand. Nifty may rally if it trades above 6060 consistently in tomorrow’s session Today’s stock market trading session was characterised by dull trading, with plenty of see-saw movement. At the end, there were no...

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Moneylife Digital Team 26 November 2013
Bullish signals have got cancelled just after one day of big rally. NSE Nifty has to close above 6,085 for the bulls to regain initiative. If not, the index is headed much lower On Monday, the stock markets went up on Iran-US nuclear deal and fall in oil prices. However, despite Nasdaq...

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Moneylife Digital Team 25 November 2013
As suggested on Friday, bulls trampled over tired bears, with the news on the Iran nuclear deal, helping the bulls’ case in a big way On Friday, we had written that “Nifty will try to rally on Monday as bears seem to be tiring out”. Sensex and Nifty rallied today, without any semblance...

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Moneylife Digital Team 25 November 2013
Healthy operating margin in a market segment with low competition Vinati Organics Ltd. (VOL) manufactures specialty organic intermediaries, monomers and polymers. The company’s major product, IBB (isobutylbenzene), is used as basic raw material for manufacturing Ibuprofen, an...

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A weak rupee, high bond yields, talk of US Fed taper...the Indian stock market bulls have been on the backfoot In these columns, last fortnight, I had suggested, “We believe that trying to extrapolate the market trajectory based on a 20% rally over the past two months would be dangerous....

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Moneylife Digital Team 23 November 2013
The bulls battled in first half of the week, while bears took the upper hand in the end. The strong trend is missing and it is a sideways market. Expect uncertainty to continue, with bouts of volatility Last week, we had suggested that NSE Nifty may put in a small rally but may again...

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Moneylife Digital Team 22 November 2013
The market was holding steady but a late selloff erased all the morning gains. Nifty will try to rally on Monday as bears seem to be tiring out. Yesterday, we had mentioned that the stock markets may move upwards but would remain weak. This is exactly what happened on Friday. Initially,...

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Moneylife Digital Team 21 November 2013
The stock market may rise on Friday but there is more downside in store After only three days of rally, the bears have wrestled back control from the bulls. The stock markets fell sharply on Thursday, erasing in just two days, all the gains made since last Thursday. Yesterday, we had...

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Moneylife Digital Team 20 November 2013
The market fell Wednesday on higher volumes. Only a close above 6,140 tomorrow may bring the NSE Nifty back into an uptrend As mentioned in Tuesday’s closing report the market fell Wednesday after making three days of gains. The worry for the bulls is that the fall of 80 points on the...

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Moneylife Digital Team 20 November 2013
Exporters and private banks are preferred investments among rate cyclicals, but one must remain cautious on domestic growth cyclicals, says Nomura in a research note Nomura has a set a March-end 2014 Sensex target of 22,000. Its top stock picks are ICICI Bank, HCL Technologies, Reliance...

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