STOCKS


Moneylife Digital Team 12 May 2011
As expected, another downleg of the ongoing decline has started. The support has shifted down to 5,400 on the Nifty The market opened lower, tracking the weak Asian markets in early trade and concerns about the industrial output data for March and weekly food inflation numbers, which...

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Moneylife Digital Team 11 May 2011
Another Future Group company, Pantaloon Industries, also bought 98 lakh shares for another Rs8 crore to prevent a further fall of the stock price on debut. But the Future Ventures share is still struggling well below its issue price Future Ventures India Ltd, the investment company promoted...

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Moneylife Digital Team 10 May 2011
The stock price of the country’s only listed microfinance firm crashed 35% in two trading sessions, leading the market regulator to initiate an inquiry into possible insider trading The SKS Microfinance stock price crashed by 20% on the bourses on Friday, after brokerage house JP Morgan...

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Moneylife Digital Team 09 May 2011
Expect selling pressure at the Nifty level of 5,600 The market opened with gains following last week’s sell-off in commodities, especially crude, easing the government’s worries about higher prices. Sensex and Nifty opened in positive at 18,629 and 5,575. Immediately the market hit their...

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The crash in silver and some other commodities highlights the dilemma of every investor in a potential bubble. Do you see the market heading for the cliff and sit out?  Or, do you believe the growth forecasts and stay on board? Momentum is a prime ingredient of any investment decision, but how...

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Moneylife Digital Team 06 May 2011
We see a resistance at around 5,600-5,650 on the Nifty The decline over the last few days was on low volume, which possibly means that many players have not had the chance to sell earlier. They will emerge as sellers once the market makes a decent recovery. The Sensex and Nifty...

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The British bank lured greedy US-based Indians with schemes that would help them avoid paying US taxes The dubious role of HSBC’s (Hongkong and Shanghai Banking Corporation) managers in luring greedy Indian-Americans to dodge US taxes has been virtually buried by the Indian media—probably...

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Is there a basic change in the way the world perceives the dollar? |After a long time, we turned positive on the medium-term outlook last fortnight. That holds for this fortnight as well. The bulls have kept control and are even threatening to take the market to new highs. Either ‘the...

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Explosion on the eve of the Tamil Nadu elections After a brief lull, a second carefully timed Niira Radia bomb exploded on the eve of the Tamil Nadu elections. Strangely enough, instead of embarrassing the DMK government, this set of leaks targets agriculture minister Sharad Pawar....

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Even as credibility and finance are at all-time lows, the TV company has got yet another investor to pick up a big chunk of its equity Its viewership claims are impossible to believe; its credibility at a nadir; and its finances in a mess. Yet, every few months, the financially beleaguered...

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Moneylife Digital Team 05 May 2011
The versatile quality tyre manufacturer is expanding its range in India, in line with the robust outlook for the auto industry Goodyear India, a 74% subsidiary of Goodyear Tire & Rubber Company, Ohio, makes automotive tyres, tubes, flaps and related rubber products at Ballabgarh (Haryana)...

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Moneylife Digital Team 05 May 2011
The Indian textiles industry has been reporting strong global & domestic sales Banswara Syntex has been a frequently recommended stock that has fetched high returns for Moneylife readers time and again. Given its continuous growth, the company deserves another look. Banswara Syntex is into...

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Moneylife Digital Team 04 May 2011
A laboured rally up to 5,650 on the Nifty is possible, if Wednesday’s lows hold The Sensex and Nifty today opened with small positive gains, at 18,558 and 5,568. The indices quickly slipped into the red to hit intra-day lows of 18,340 and 5,503, respectively. Rate-sensitive sectors like...

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Moneylife Digital Team 03 May 2011
Sell the rallies. The next support for the Nifty lies at 5,300 Today, the Sensex and Nifty fell by 2.44% and 2.39%, taking a knocking from the larger-than-expected rate hike announced by the Reserve Bank of India (RBI) in its annual monetary policy. This is the biggest drop in the...

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Munira Dongre 02 May 2011
All airlines are facing cost pressures due to a rise in ATF prices. But with fares recovering and Air India pilots on strike, the summer may prove to be better than expected for private airlines Air India triggered an aggressive pricing war in the fourth quarter of FY11. Since April,...

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Russia like China, India and Brazil has had enormous problems escaping the heavy hand of a command economy. But the political establishment that has run companies and ministries as personal fiefdoms, handing out patronage and ignoring corruption, may be changing due to the power of the...

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Moneylife Digital Team 29 April 2011
While a bounce-back is on the cards, expect a further decline unless Nifty holds above 5,800 Yesterday we had said that the market is now in a downward trend and that immediate support for Nifty was at 5,750 and further down, at 5,700. The market broke its first support in early...

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Moneylife Digital Team 28 April 2011
The indices slipped below important levels today. A bullish trend reversal happens above 5,800 on the Nifty The market closed lower for the fourth consecutive day on fears that the Reserve Bank of India (RBI) will hike key rates at its monetary policy meeting next week, following...

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Moneylife Digital Team 27 April 2011
The Nifty is yet to break past 5,900 levels, which is needed for an uptrend The market closed with modest losses today, an indication that it is still in a range. Tepid quarterly earnings reports kept a lid on the market today. The Nifty is yet to break past the 5,900 levels, which is...

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Moneylife Digital Team 25 April 2011
Nifty can fall to 5,800 if today's lows are broken. The second support is at 5,670 The market is showing signs of tiredness and unable to cross the previous high made in January. There are signs that we will get a short decline to 5,800 on the Nifty. If that level holds, the market may...

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