STOCKS


Moneylife Digital Team 08 July 2013
A close above 5,850 on the Nifty may bring some gains while a close below 5,760 may lead to a sharp decline   The fall of the rupee to an all-time low against the dollar and weak global cues led the market lower today. A close above 5,850 on the Nifty may bring some gains while a...

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But speculators are having a great time   With the benefit of hindsight, a lot of things can be figured out, even justified. And, yet, I am unable to figure out how the Sensex experienced a non-stop rally of almost 2,300 points—from 18,173 to 20,443—in less than six weeks between 15th...

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Moneylife Digital Team 06 July 2013
Watch for a break below 5,820 and a break above 5,900 on the Nifty for future direction   The Indian market closed in the green for the second week in a row on positive global cues. Corporate developments also supported the sentiment. Investors will focus on quarterly corporate...

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Moneylife Digital Team 05 July 2013
The index includes 15 stocks, which are available in the Future & Option (F&O) segment. The weight of single stock in the index is capped at 15%   Leading bourse National Stock Exchange (NSE) today launched “LIX 15” index, which will be available in the derivatives segment, in a bid...

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Moneylife Digital Team 05 July 2013
The Nifty has to break above the recent high of 5,904 for the bullishness to continue    The market settled higher for the second day, but tapered its gains in the second half of the session on profit booking and a weakening rupee. The Nifty has to break above the recent high of...

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Moneylife Digital Team 04 July 2013
A close above 5,865 on the Nifty would see the upmove continuing. However, if the benchmark closes below 5,760 we may see it heading towards 5,565   The market snapped its two-day decline as buying in index stocks in the late session lifted the benchmarks higher. A close above 5,865 on...

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Moneylife Digital Team 03 July 2013
As we suggested yesterday, the upmove was terminated and the market headed lower. The Nifty will remain under pressure for the next two days   The market settled nearly 1.5% down as higher crude oil price, weak global cues and the decline in the rupee resulted in across-the-board...

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Moneylife Digital Team 02 July 2013
As mentioned, yesterday, the indices gave up some gains today. The Nifty now has to close above 5,880 for the uptrend to continue   The market snapped its three-day winning streak on selling in heavyweights by foreign investors. As mentioned, yesterday, the indices gave up some gains...

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Moneylife Digital Team 01 July 2013
The Nifty may witness a minor contraction. However, the trend on the index would remain strong as long as it does not close below any previous day’s low   The market closed in the green for the third day in a row on support from realty, capital goods power and fast moving consumer goods...

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Moneylife Digital Team 28 June 2013
The rally will have to overcome various levels of resistance to head higher The Indian market closed higher this week, snapping its three week losing streak. The lower-than-expected GDP numbers led to the strengthening of the rupee. Economic reforms announced by the Centre on Thursday...

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Moneylife Digital Team 28 June 2013
The market is likely to remain bullish for the next few days   The economic reforms, which were announced on Thursday, and the strengthening rupee helped the market settle over 2.5% higher and in the green for the second day. The market is likely to remain bullish for the next few days....

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Moneylife Digital Team 28 June 2013
In a vague report lacking in conviction, Morgan Stanley Asia Pacific is bullish on India, but doesn’t explain why it is bullish, despite sounding a very cautious tone In a brief but somewhat vague report, Morgan Stanley Asia Pacific is bullish on India even though many risks remain. The...

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Moneylife Digital Team 28 June 2013
In a vague report lacking in conviction, Morgan Stanley Asia Pacific is bullish on India, but doesn’t explain why it is bullish, despite sounding a very cautious tone In a brief but somewhat vague report, Morgan Stanley Asia Pacific is bullish on India even though many risks remain. The...

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Moneylife Digital Team 27 June 2013
The Nifty has to stay above 5,670 tomorrow to keep the upmove intact. However, a close below 5,590 may signal a fresh downtrend   The domestic market settled off the highs of the day on lower-than-expected current account deficit figures, which led to the strengthening of the rupee. The...

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Moneylife Digital Team 26 June 2013
A close above 5,605 on the Nifty will be the first sign of a reversal of the downturn. A close above 5,675 will be a strong confirmation of the upmove   The range-bound market gave up all its gains in the post-noon session after the rupee touched a new all-time low of 60.35 against the...

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Moneylife Digital Team 25 June 2013
A close above 5,635 on the Nifty will be the first sign that the downturn may be over. A close above 5,700 may give a strong push to the upmove   The Indian market pared its gains in late trade on selling pressure from power, consumer durables and healthcare stocks. A close above 5,635...

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Moneylife Digital Team 24 June 2013
Only if Nifty strengthens above any previous day’s high can we be ready for an upmove   A plunge in the Chinese market and a pullout by foreign investors from Indian stocks led the market lower today. Only if Nifty strengthens above any previous day’s high can we be ready for an...

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Moneylife Digital Team 24 June 2013
A bright future for the company but the stock may have run up too high for now The stock of Greenply Industries has been shooting up over the past six months. For almost two years beginning early-2010, the stock remained completely flat, hovering between Rs180 and Rs220. Then, from...

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Global investors, herd-like, had invested in gold, equities and other assets. They want to exit at the same time On 22nd May, the chairman of the US Federal Reserve Board (the Fed), Ben Bernanke, hinted during a testimony to the US Congress that the Fed may reduce its quantitative easing...

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Moneylife Digital Team 22 June 2013
The market will find the going tough unless there is clarity about the rupee and global capital flows The domestic market finished in the red on global concerns after US Federal Reserve chief Ben Bernanke suggested that the central bank may scale down it bond-buying programme later this...

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