STOCKS


Vidur Pendharkar 25 August 2012
While the Nifty has been holding around the 5,400 mark, the bulls were unable to make any headway even though they have been in control. One will have to wait for the market to decide its immediate future course S&P Nifty close: 5,386.70 Market Trend   Short Term:...

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Moneylife Digital Team 24 August 2012
If the Nifty breaches the day’s low again we may see it finding support at 5,295   The market settled lower on weak global cues and selling in capital goods and banking stocks. Yesterday we had mentioned that the Nifty has to stay above the day’s low of 5,394 for the uptrend to...

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Moneylife Digital Team 23 August 2012
The indices have to stay above today’s low to continue the uptrend The Asian indices had a mixed opening, while the indices at home opened in the positive. The Sensex opened at 17,856 while the Nifty opened at 5,426. Speculation that central banks in the US and China will ease monetary...

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Moneylife Digital Team 23 August 2012
As many as 246 companies have pledged more than 50% of their holdings, which includes United Spirits, Pantaloons Retail, Wockhardt and Unitech. The value of pledges has fallen this quarter According to Morgan Stanley’s analysis a third of 767 companies have pledged more than 50% of their...

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Debashis Basu  and   Aditya Govindraj  and   Jason Monteiro 23 August 2012
Indian stock markets are hotbeds of manipulation. Promoters and operators are having a field day even as exchanges and the market regulator sit idle. Debashis Basu, Jason Monteiro and Aditya Govindaraj expose what is going on in BSE smaller companies, the futures & options segment of NSE and...

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Moneylife Digital Team 23 August 2012
eClerx Services skyrocketed 13%, Marico went up 6%, while Munjal Showa tanked 10%   Gainers: eClerx Services' consolidated net profit grew by 40% to Rs49.3 crore in the quarter ended June 2012 from Rs35.21 crore in quarter ended June 2011; operating profit for the same period swelled by...

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Moneylife Digital team 23 August 2012
Back with a bang on stock price, Bharat Gears, a global supplier of automotive gears and heat treatment furnaces, rebounded with declaration of 18% dividend for FY 11-12. The share price of Bharat Gears has been on an upward curve over the past eight months and early birds have been able...

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Moneylife Digital Team 23 August 2012
Lupin Laboratories was up 4%, Bajaj Finance advanced 3%, while Atul Auto was down 10%   Gainers: Lupin Laboratories consolidated net profits for the quarter ended 30 June 2012, at Rs280.40 crore, was 33.4% higher than it was in the corresponding quarter in the previous fiscal, due to...

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Moneylife Digital team 23 August 2012
Bharat Gears and Thangamayil Jewellery make their first appearance in Moneylife, while Mirza International, put ‘under review’ earlier seems to have turned around due to improved profits. Two stocks make their first appearance in this issue—Bharat Gears and Thangamayil Jewellery. Details...

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Moneylife Digital Team 23 August 2012
Kajaria Ceramics, Colgate-Palmolive, Munjal Showa, Balaji Amines and India Glycols—all have reported excellent results in the June quarter   As mentioned in our previous issue, we expected some changes to this list and, indeed, some companies have dropped out while some have crept in...

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Moneylife Digital Team 23 August 2012
Thangamayil Jewellery, delivering sustainable financial returns are good mid-cap returns, although the come with additional risks. Thangamayil Jewellery had informed BSE in July 2012 that the company was opening its 20th branch at Namakkal (Tamil Nadu) on 15 July 2012. With every new...

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Moneylife Digital Team 23 August 2012
Investors holding energy stocks have had a rocky ride recently. It will take some time for the sector to be energised again   Investors like companies in the energy sector for various reasons. It could be that India is energy-deficient and there is great scope for growth. Or that this...

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Moneylife Digital Team 22 August 2012
Cautious upmove ahead; change in trend if the Nifty closes below the previous day’s low     The market snapped its two-day winning streak to close lower on unsupportive global cues and the political stand-off in Parliament. The two-day strike by PSU bank employees also weighed on the...

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Moneylife Digital Team 21 August 2012
Upward trend would be maintained as long as the Nifty does not close below any previous day’s low The market settled over 1% higher on upbeat corporate news and global support. On Friday we had mentioned that lower low and a close below 5,342 may see Nifty slip to the level of 5,250. The...

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The BSE estimates the collective savings of brokers will be over Rs1,000 crore per year due to lower charges. But what happens if the NSE decides to match the price? Even as it has announced plans to go public, the Bombay Stock Exchange (BSE) is taking on current and future competition,...

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Moneylife Digital Team 18 August 2012
A close below 5,342 may see the Nifty slip to the level of 5,250 The market saw its third weekly close in the positive mainly on hopes that central banks across the world will step in with fresh initiative to spur growth in the light of dismal economic indicators. A fall in India’s...

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Vidur Pendharkar 18 August 2012
Even though the trend is bullish more convincing evidence is needed to support the bullish cause from here on   S&P Nifty close: 5,366.30 Market Trend Short Term: Up                          Medium Term: Down                          Long Term: Down   The bulls...

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FIIs have poured in two months a stunning $2.2 billion Last fortnight, I had suggested that the Nifty, which had rallied from 5,032 to 5,246, was in a mood to give up the gains and some more. However, it turned out that the market had more steam left. The Nifty jumped to an intraday high...

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Moneylife Digital Team 17 August 2012
Lower low and a close below 5,342 may see Nifty slip to the level of 5,250    The market, which was in the green in the first half of trade, surrendered its gains following the CAG report which estimated losses from allocation of coal blocks at Rs1.86 lakh crore. However, select buying...

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Moneylife Digital Team 16 August 2012
If Nifty breaches 5,330, it may reach the level of 5,245   The market snapped its two-day winning streak and settled lower on selling pressure in FMCG, metals and consumer durables sectors. In our Tuesday’s closing report we had mentioned that the Nifty has to break out of the range...

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