STOCKS


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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Whether it is cotton or copper, oil or food, politicians are in the habit of blaming the spiraling prices on speculators. But the reality is that loose monetary policies create an environment that encourages cheap loans which speculators are happy to put to use, raising the prices of commodities...

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SEBI is policing others, what about itself ? The Securities and Exchange Board of India’s (SEBI’s) move to prevent market intermediaries and their employees from using the Internet/blogs/chat forums and email (official and personal) to circulate rumours or promote shady scrips is laudable....

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Moneylife Digital Team 21 April 2011
As suggested yesterday, Nifty stalled at 5,900. Nifty to be bound between 5.700 and 6,000 The market opened in positive terrain yet again today, on expectations of good fourth quarter results, despite pricing and global pressures. Global cues also supported the gains. The Sensex opened...

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Moneylife Digital Team 21 April 2011
Strong growth in the domestic formulations business, more than half of its turnover from exports and good cash flows, make IPCA a good buy Ipca Laboratories was originally promoted by a group of medical professionals and businessmen and was incorporated as ‘The Indian Pharmaceutical Combine...

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Moneylife Digital Team 21 April 2011
The company, which is better known for products sold under the brand name ‘Electral’, is available at a low price relative to high returns on capital Formerly known as FairDeal Corporation, FDC is into pharmaceuticals, foods and bulk drugs. The therapeutic segment consists of products such...

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The insurance regulator needs to study the tricks connected with Mr Buffett’s visit Investment guru Warren Buffett, by all accounts, made a successful trip to India, but now that he has left, it’s time for the regulator to stop being overawed and analyse the gimmicks connected with his...

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Relationship between business and politics lacks transparency Rajeev Chandrasekhar, businessman and member of Parliament said recently that the relationship between business and politics (or government) in India, suffers from “haziness, lack of transparency and general shadiness.” He said...

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