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As an economy, India may not a tiger. But having bet on India, FIIs are surely riding one The Sensex is still hovering around 19,000—just about 10% lower than the all-time high of 2008 (which it tried to challenge in January this year). The index presents a picture of stability. The...

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Moneylife Digital Team 17 August 2013
Nifty may rally a bit mid-week but the trend is firmly down The holiday-shortened week, which had three days of positive trading, was dragged into the red by a single day of huge sell off. The fall may be attributed to the US 10-year treasury yield crossing the two-year high and the...

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Moneylife Digital Team 16 August 2013
As the US Treasury yields soared to their highest in two years yesterday, foreign investors sold off bond and equity, pushing rupee to an all-time low of Rs62/$  The Sensex today fell by a huge 769 points, a selloff that has no apparent reason except that the rupee weakened a bit...

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Moneylife Digital Team 16 August 2013
Nifty crashed through 5,635 and headed sharply lower. More decline may be in store   As the Dow Jones Industrial Average crashed yesterday by 226 points and US 10-year treasury yield crossed 2.8%, a 2-year high, the Reserve Bank of India (RBI) measures to control the rupee fall by...

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Moneylife Digital Team 14 August 2013
For the Nifty to keep rallying, it has to make a new high and hold itself above 5,672   Today the Sensex and the Nifty closed in the positive for the fourth consecutive trading day. Sensex opened at 19,299 and soon hit a higher low of 19,204. After which it witnessed a lot of...

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Moneylife Digital Team 14 August 2013
Sensex has declined 8% from its high of 23rd July as rupee depreciated fast due to structural problems. BNP Paribas in its India strategy report explains the factors to consider while investing now After the recent sharp decline in Sensex, investors should look at high quality cyclical...

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Moneylife Digital Team 13 August 2013
The Nifty may rise higher as long as it manages to keep itself above 5,635 The weak industrial production data for June 2013 made the indices to open lower. At the beginning of the session both Sensex and Nifty indices hit their lows for the day but soon managed to gain strength and...

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Moneylife Digital Team 13 August 2013
M&M's June quarter volumes were driven by robust growth in the tractors segment, however, volumes from automotive segment remained flat as utility vehicle volumes witnessed a sharp slowdown Mahindra & Mahindra, India's largest tractor and utility vehicle maker, on Tuesday reported a 17%...

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Moneylife Digital Team 12 August 2013
As suggested on Friday, Nifty rallied and crossed the first hurdle of 5,600 today. For the bulls to feel confident, Nifty will have to close above 5,660 tomorrow   Both the Sensex and the Nifty opened in the positive. Sensex opened higher for the third consecutive trading session by...

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Moneylife Digital Team 12 August 2013
SBI's first quarter net profit fell to Rs3,241.1 crore from Rs3,752 crore as its gross NPAs grew to 5.6% from 4.99%, a year ago period State Bank of India (SBI), the country's largest lender, on Monday reported 13.6% fall in its first quarter net profit due to higher provisioning of...

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Moneylife Digital Team 09 August 2013
A slight strength in rupee can spark a market rally. This very likely since dollar has been weakening over the last week. The holiday shortened week too ended in the negative for the third consecutive time. Market moved down on the concerns of weakening rupee and on growing uncertainty...

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Moneylife Digital Team 08 August 2013
As mentioned yesterday, the Nifty saw a recovery today. But a close above 5,600 on Monday is required for the up move to gain strength The Sensex opened higher while the Nifty opened lower on Thursday. Taking cues from the Asian market, both the indices edged higher to close in the...

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Moneylife Digital Team 07 August 2013
Close above 5,620 on the Nifty maybe the first sign of recovery   Both the Sensex and the Nifty opened marginally higher on Wednesday but soon went in the negative zone where it remained for most of the trading session. However, during the last hour of the trading session, the indices...

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Moneylife Digital Team 07 August 2013
It remains to be seen whether the company can turn itself around after settling issues with the US Department of Justice even as it managed to narrow its net loss in the June quarter Ranbaxy Laboratories Ltd said its net loss during the first quarter narrowed to Rs608.8 crore on...

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Moneylife Digital Team 07 August 2013
The company’s overseas division, Jaguar Land Rover, has done exceptionally well, largely thanks to rupee depreciation and higher sales take off leading to an 8% increase in revenues Tata Motors reported a first quarter consolidated net profit of Rs1,726 crore from Rs2,245 crore despite...

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The average investor, who has no clue about what he is buying or selling, survives in the stock market mainly because of luck. Here is what the average investor should focus on There are many stock-picking methods: ratio analysis, industry analysis, technical analysis and even astrology....

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Moneylife Digital Team 06 August 2013
Nifty may try to bounce back but a short-term rally is possible only on a close above 5,625 tomorrow  After three days of positive opening, the domestic indices opened lower today. The Sensex opened at 19,127 and the Nifty opened at 5,665. With almost at the opening of the session the...

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Moneylife Digital Team 06 August 2013
Investors are worried that rising power availability could impact sale of back-up power genset. In this context, the drop in power deficit especially in South India does lead to some slowdown concerns for Cummins India’s power gen segment, says Nomura  Cummins India displayed a strong...

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Moneylife Digital Team 06 August 2013
Why propose a 15% FPO (follow-on equity offering)? –   Power Grid does not require equity infusion and yet announced an FPO citing margin of safety, growing investment avenues as prime considerations  Power Grid Corporation of India (PWGR) still does not require equity issuance to...

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Moneylife Digital Team 06 August 2013
This is just the start of a bad earnings cycle for BHEL- execution problems are expected to continue, if not escalate, while competitive pressures and lower utilisation will impact margins further, over the coming years-Nomura State-run BHEL’s June quarter results were shocking-24%...

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