STOCKS


Moneylife Digital Team 13 July 2012
If the Nifty closes above today’s high then we may see some sideways movement     The market which was in the positive till around 2.00pm, slipped into the negative in the second half of trade and settled in the red for the third day. Yesterday we had mentioned that if the Nifty...

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Moneylife Digital Team 13 July 2012
HDFC Bank’s net interest margins remained stable during the June quarter, at only 4.3%, underscoring the challenging times ahead for banking industry HDFC Bank's net profit for Q1 ended 30 June 2012 was Rs1,417.40 crore, 30.6% over the corresponding period last year. Its net interest...

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The Nifty Options would add to SGX's suite of Asian equity derivatives, which include SGX S&P CNX Nifty futures, the dominant Indian product for international participants Singapore: The Singapore Exchange (SGX) on Friday said it will offer Nifty Options contracts from 16th July under...

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Moneylife Digital Team 12 July 2012
If the Nifty goes below 5,190 we may see a serious downturn setting in The subdued dollar guidance by IT giant Infosys dragged the market lower with the IT sector ending as the top sectoral loser. Yesterday we mentioned that the benchmarks will soon break out of the range. Today the...

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Moneylife Digital Team 12 July 2012
Atul Auto skyrocketed 15%, V-Guard Industries surged 12%, while Kennametal India declined 4%   Gainers: Atul Auto Ltd, a niche automobile manufacturer of three-wheelers, hit its 52-week high of Rs179 on 12 June 2012. The scrip skyrocketed 15%. V-Guard Industries, an electrical and...

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Moneylife Digital Team 12 July 2012
Hindustan Unilever advanced 7%, ITC rose 5%, while MRF tanked 4%   Gainers: Hindustan Unilever, a leading fast moving consumer goods (FMCG) company, went up 7%. ITC Ltd, another FMCG company, hiked price of its Sunfeast range of biscuits by 10%. The scrip was up 5%. Ultratech Cement...

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Moneylife Digital Team 12 July 2012
What do we think about these popular picks? As usual, we don’t find too many of them worth investing in at the current prices. We have a couple of scrips of the Tata group of companies in the list of which Tata Consultancy Services is the crown jewel. It is India’s largest software company...

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Moneylife Digital Team 12 July 2012
This issue, we add two new stocks to our list—Rane Madras Limited and Siyaram Silk Mills. Details of these companies can be found in our Street Beat section on Pages 36 and 37 respectively. Among the stocks we have recommended so far, V-Guard and Indag Rubber have exceptionally well. Both...

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Moneylife Digital Team 12 July 2012
There hasn’t been much change in the contents of our value picks portfolio from the previous issue because most of the March quarter results have come out and our list is based on recent fundamentals. The main change in the table is with respect to the price trends. Gujarat Stare Fertilizers...

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Moneylife Digital Team 11 July 2012
Range bound session on the Nifty ended lower on negative cues. Nifty will make its next 5% move soon The market closed lower on negative cues from Europe and a sell-off in blue-chip stocks by institutional investors. On a higher volume of 65.25 crore shares on the National Stock Exchange...

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Moneylife Digital Team 10 July 2012
The Nifty may touch the level of 5,450 if it keeps itself above 5,285. However, the risk of a reversal is increasing Optimism from Europe after the continent's policymakers approved a financial package for Spanish banks saw the market closing around 1.30% higher. On a higher volume of...

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Moneylife Digital Team 09 July 2012
Nifty to head for 5190 if it closes below 5,250 The market settled lower on global growth concerns on the back of a clutch of dismal economic reports from across the world. We had mentioned in our closing report on Friday that the Nifty has to keep itself above 5,250 else the uptrend...

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But the short-term move that started in early June is maturing Last week, I pointed out that the path of least resistance for the market is higher. I reasoned that issues like inflation, interest rates, problems in Europe, slowdown in the US, de-leveraging… have been factored into the...

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A deluge of falling prices will seem far heavier than anything a monsoon can produce The beginning of July often is part of the early monsoon season in Africa, south western US and South Asia. For investors it marks the beginning of earnings season for the second quarter. The upcoming...

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Moneylife Digital Team 07 July 2012
A close below 5,290 followed by a break of 5,265 during the week will be bearish The Indian stock market closed with modest gains, mainly supported by domestic triggers and global cues. While factory output and the services sector showed a positive outcome in June, India's exports for...

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Vidur Pendharkar 07 July 2012
One should book profits in rallies above 5,400 points, especially if the Nifty hits this level around the 16th-17th or 21st of July. The index may drift for a few days before making further attempts on the upside around these dates S&P Nifty close: 5,327 Market Trend Short...

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Moneylife Digital Team 06 July 2012
The Nifty has to close below the level of 5,265 for the uptrend to break The sideways market closed marginally lower on nervousness ahead of the quarterly earnings season, which kicks off next week. Although the Nifty made a lower high today it maintained its low at 5,288, which was...

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Moneylife Digital Team 05 July 2012
Uptrend to continue with pauses   The range-bound market saw a sharp rise in the noon session on positive news from the government. The development ensured a green close for the third straight day. We had mentioned that uptrend on the Nifty will continue to the level of 5,450, subject...

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Moneylife Digital Team 04 July 2012
Buy the dips; the medium-term uptrend is intact. Nifty may reach 5,450 Most Asian markets opened higher on expectations that central banks from the US to China to Europe may ease monetary policies to spur economic growth. Reflecting the trend, the domestic market opened in the positive...

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MDT/PTI 04 July 2012
Although India faces many challenges, overseas investors should stay committed to investments in India   Global investment bank, UBS, is of the view that liquidity will improve in the stock market in India, and that its attractive valuations will help perform better in relative terms.

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