STOCKS


Moneylife Digital Team 14 October 2013
A small company benefiting from the growth of the pharma sector. But will it grow faster? Vikram Thermo (India), a 25-year old company, has two main lines of business. One is producing diphenyl-oxide, used as perfumery component (in detergents, soaps, toiletries and essence sticks), as...

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Moneylife Digital Team 14 October 2013
Of the 16 IPOs, 15 were from the SME sector. The IPO of Just Dial was the only one from non-SME segment and accounted for 87% of the total mobilisation Indian companies mopped up Rs1,050 crore through initial public offerings (IPOs) during the first half of FY2014, sharply up by 36% over...

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The market climate is suddenly looking benign to the bulls Last fortnight, I had pointed out that the market was on the verge of rolling over and, indeed, the Nifty suffered a sharp dip to 5,700 on 1st October. But there were obviously dip-buyers waiting to buy; so, the Nifty shot up...

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Moneylife Digital Team 12 October 2013
The company’s net profit remained stagnant at Rs30.3 crore as its sales grew just 2.9% during the September quarter   Bangalore-based TTK Prestige reported a stagnant net profit for the quarter ending September on lower sales.   For the second quarter, the kitchen appliance...

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Moneylife Digital Team 12 October 2013
Although there is no weakness on the bourses; reversal may happen anytime This week which opened with pessimism among investors, has ended on a positive note with a hope of talks on re-opening the US government.   The BSE 30-share Sensex rose  612.6 points (or 3.1%) to close the...

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Moneylife Digital Team 11 October 2013
Gruh Finance’s net profit increased to Rs34.35 crore in September quarter on 25% growth in its sanctioned loans Gruh Finance Ltd, a subsidiary of Housing Development Finance Corp (HDFC) reported a net profit of Rs34.35 crore for the quarter ended September 2013, compared with Rs27.21...

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Moneylife Digital Team 11 October 2013
The trend is up, unless Nifty closes below 6,000 on Monday Following a 300-point rally in Dow Jones yesterday, both Sensex and Nifty opened strong on Friday and remained so throughout the day with steady volumes. Initially, after a strong opening, the markets dipped, but it picked up...

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Moneylife Digital Team 11 October 2013
Infosys’s September quarter results were mixed. Its rupee-denominated revenues grew 31.5% but it was undone by net profits which grew just 1.6% in rupee terms. Its net profit in dollar terms declined 11.1%. Yet, the company expects revenues to grow 22% by March 2014   Infosys reported...

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Moneylife Digital Team 10 October 2013
The first sign of weakness in Nifty will be a close below 5,960 The market today witnessed a volatile session with no proper direction. During today’s trading session the indices moved in a narrow range (Sensex 188 points, Nifty 54 points). This was the smallest range since 26 September...

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Moneylife Digital Team 09 October 2013
Current upmove may take the Nifty to the level of 6,085, while the close below 5,990 may put the upmove on pause On a higher volume of 64.90 crore shares on the National Stock Exchange (NSE) the Nifty was pulled up into the positive zone for the second consecutive session. The market...

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Moneylife Digital Team 08 October 2013
Marketmen expected a breakout on Tuesday since Nifty opened above the crucial level of 5,950 but the bulls could not hold that line and the index ended with a minor gain. If Nifty closes below 5,905, we will witness a decline towards 5,700 again Unlike the past two trading sessions, on...

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Moneylife Digital Team 07 October 2013
Nifty has to close above 5,950 for it to gain strength. Otherwise, it is headed lower As the US government shutdown enters its second week with no hope in sight for a near-term resolution, Indian indices on Monday opened lower and were trading 1% down but gained strength in the second...

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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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