STOCKS


Moneylife Digital Team 13 June 2013
The bounce, if any, will only be temporary In line with all the Asian indices, the benchmarks back home too ended in the red. The Sensex, which opened 144 points lower at 18,897 ended in the negative for the third consecutive trading day while the Nifty, which opened 51 points lower at...

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Moneylife Digital Team 12 June 2013
A close above 5,845 on the Nifty may be the first indicator of a change in the trend   The market closed in the red on concerns about the economy as industrial growth declined to 2% in April and retail inflation eased less-than-expected. A close above 5,845 on the Nifty may be the first...

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Moneylife Digital Team 11 June 2013
A close above 5,885 on the Nifty tomorrow can reverse the downtrend The weak rupee and a sell-off in metal stocks following CBI action saw the market declining over 1.5% today. A close above 5,885 on the Nifty tomorrow can reverse the downtrend. The National Stock Exchange (NSE) recorded...

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Moneylife Digital Team 10 June 2013
If the Nifty manages to close above 5,920, we may see a few days of gains again   The market ended flat amid choppy trade on concerns of the rupee hitting its all-time low and political developments in Delhi. If the Nifty manages to close above 5,920, we may see some days of gains...

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Suddenly, global bond and currency markets are in turmoil. What is the message for equity markets? Just when the foreigners had convinced themselves of higher growth, lower inflation and lower interest rates, the rupee has crashed. At the same time, the air is going out of all global...

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Moneylife Digital Team 08 June 2013
While the market may go up in the first half of the week, rallies are likely to be met with selling The Indian market closed the week with a loss of nearly 2% mainly on global concerns as investors the world over were worried about the US Federal Reserve tapering its bond buying...

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Moneylife Digital Team 07 June 2013
Nifty may continue to move lower on Monday unless it manages to close above 5,925   The market pared its gains in late trade on selling pressure from rate-sensitive sectors, ending in the negative for the second day in a row. The Nifty may continue to move lower on Monday unless it...

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Moneylife Digital Team 06 June 2013
A positive close on the Nifty tomorrow may bring few more days of gains The market settled in the negative on concerns of a weakening rupee and on selling in healthcare, oil & gas and power stocks. A positive close on the Nifty tomorrow may bring few more days of gains. The National...

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Moneylife Digital Team 05 June 2013
If the Nifty manages to close above 5,965, we may see a few days of gains   The market snapped its three-day losing streak and closed marginally higher on gains in oil & gas and realty sectors. If the Nifty manages to close above 5,965, we may a few days of gains. The National Stock...

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Moneylife Digital Team 05 June 2013
Voting rights and corporate benefits of promoters and directors of Adani Ports, BGR Energy Systems, Tata Teleservices and Videocon among others, have been frozen. SEBI has also warned of levying monetary penalties, initiation of criminal proceedings, restricting trading activities of related...

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Moneylife Digital Team 04 June 2013
Nifty may try to rally if today’s low holds since the recent declines have been on low volumes   The market pared its morning gains on selling pressure from consumer durables, banking and realty sectors. The Nifty may try to rally if today’s low holds since the recent declines have been...

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Moneylife Digital Team 03 June 2013
If the Nifty holds above the day’s low, we may see a sideways move. However, the market trend is still down   A sell-off in oil & gas, power and consumer durables stocks and weak global cues led the market down today. If the Nifty holds above the day’s low, we may see a sideways move....

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Moneylife Digital Team 03 June 2013
Investors' faith in several richly valued stocks in the banking, consumer staples and pharmaceutical sectors will be tested, says Kotak Securities in a research note, since it foresees weak economic growth, weak investment cycle and anaemic job creation Notwithstanding decent results in...

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Moneylife Digital Team 03 June 2013
Visaka has recorded steady growth and consistent dividend payouts Visaka Industries is India’s second largest cement sheet manufacturer with seven factories producing about 650,000 tonnes of corrugated cement sheets per year spread across Patancheru (Andhra Pradesh), Paramathi (Tamil...

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Moneylife Digital Team 01 June 2013
A strong downmove may have started which  may take the Nifty to 5,940 and then to 5,850 The market closed the week with minor gains amid high volatility throughout the week on account of the expiry of the May F&O contract and the release of the GDP numbers for the last quarter of 2012-13...

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Moneylife Digital Team 31 May 2013
Throughout the week we viewed the rally with suspicion. Today’s severe fall confirms a fresh downturn, which may take the Nifty to the level of 5,930 or to 5,880   The dismal GDP figures released mid-morning saw the market plunging over 2% today. Throughout the week we viewed the rally...

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Moneylife Digital Team 30 May 2013
The short uptrend seems to be maturing. A close below the day’s low on the Nifty may bring in several days of downtrend. However, a close above 6,140 would take the market higher Late buying in FMCG and auto stocks helped the market close higher amid a high degree of volatility. The...

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Moneylife Digital Team 29 May 2013
A close below 6050 on the Nifty may lead to a fresh selloff The Sensex opened at 20,203 while Nifty opened at 6,120 but almost immediately the market sold off and went into the negative. At the beginning of the session itself the benchmark hit their respective intra day high. Sensex hit...

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Moneylife Digital Team 28 May 2013
The indices are making a valiant effort to rally. A close above 6,135 on the Nifty will be required for stronger upward momentum   Continuing its gains for the third straight day, the market closed higher on support from oil & gas, auto and PSU stocks. The indices are making a valiant...

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The markets have ignored all bearishness, but the upward movement is not sweeping across all stocks and sectors. Good quality stocks are becoming expensive. It is time to take some money off the table and preserve liquidity The stock markets are giving an indication that our economy is...

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