STOCKS


Moneylife Digital Team 13 August 2012
Poor returns, a weak government with no appetite for reforms have scared off many investors, including foreign investors from the stocks of PSUs. In the mid-90s, many savvy investors had met with the same fate and swore not to invest in government company stocks. This only shows how and why...

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MDT/PTI 13 August 2012
Kingfisher Airlines soared 20% on the bourses today on reports that the company is in discussions with several strategic and financial investors to bring fresh capital   The Kingfisher Airlines stock today rose sharply by 20%, to the highest trading permissible limit for the day,...

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Moneylife Digital Team 13 August 2012
The investment bank cautioned that PSU banks like State Bank of India, which have a greater exposure to SME advances, are more susceptible to non-performing advances than private banks on account of uncertain monsoon and economic outlook   Deutsche Bank has downgraded India’s largest...

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MDT/PTI 13 August 2012
According to latest information available with SEBI, draft documents for IPO from as many as 33 companies and preliminary papers for rights issues from 11 entities are under process   New Delhi: More than 40 companies including Bhushan Steel and TV18 Broadcast Ltd are awaiting green...

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High frequency trading (HFT) has been cited as the cause for increased volatility and systemic risk. However, HFT firms counter that it has brought down the cost of trading for retail and institutional investors   High frequency trading (HFT), or trading by machines based on complex...

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Moneylife Digital Team 11 August 2012
If the Nifty breaks Friday’s low, it may head for 5,200   The market closed in the positive for the second week in a row on hopes that the Indian government would renew efforts to push growth-oriented reforms and easing of global uncertainties. Going ahead, headline inflation numbers...

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Vidur Pendharkar 11 August 2012
One should exit longs and those with a desire for high risks can create some short positions with an appropriate stop loss as the risk/reward ratio is now favouring a drop S&P Nifty close: 5,320.40 Market Trend   Short Term: Sideways                       Medium Term:...

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Moneylife Digital Team 10 August 2012
If the Nifty breaks today’s low, it may be headed for 5,200   The market settled flat with a negative bias following a clutch of disappointing quarterly results and subdued global cues. Yesterday we had mentioned that we may see the Nifty move sideways for a day or two before it...

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Moneylife Digital Team 09 August 2012
The Nifty is indecisive over the extreme short-term, awaiting further news flows. The slightly longer term trend is up   Dismal industrial production numbers for June, forecast of lower GDP growth by another global agency and not so impressive corporate results resulted in the market...

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Moneylife Digital Team 09 August 2012
Morgan Stanley Research claims buyback delivers alpha but a closer look shows that it is all random and returns are highly skewed. Not all buybacks work and finding the winner is as good as a coin toss   Morgan Stanley Research (Asia/Pacific), in a recent report, has estimated that...

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Moneylife Digital Team 09 August 2012
Even though margins were under pressure, Apcotex Industries’ overall business climate has improved since price increases were complemented to offset higher cost of raw materials Apcotex Industries (AIL) is one of the leading producers of synthetic lattices (VP latex, SB latex, Nitrile...

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Moneylife Digital Team 09 August 2012
Most of the stocks we have recommended so far have posted excellent results and have fetched good returns. This issue we are adding two stocks to our list—Apcotex Industries and Supreme Infrastructure This issue, we have added two new stocks to our list—Apcotex Industries Ltd and Supreme...

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Moneylife Digital Team 09 August 2012
V-Guard Industries zoomed 19%, Balkrishna Industries went up 9%, while Atul Auto tanked 6%   Gainers: V-Guard Industries Ltd, a fast-growing south-based electrical and electronics company, has set aside Rs45 crore for national branding initiatives as it tries to explore newer...

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Moneylife Digital Team 09 August 2012
The financial performance of Supreme Infrastructure is extraordinary and one wonders how the company is able to pull this off in a capital-intensive business with irregular project cycles Supreme Infrastructure is a rare infrastructure company doing very well. Construction of roads,...

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Moneylife Digital Team 09 August 2012
Shriram City Union Finance rocketed 17%, Bajaj Auto rose 1%, while Jindal Steel and Power fell 7%   Gainers: Shriram City Union Finance, provider of loans for new & pre-owned three- and four-wheelers as well as gold loans, has rocketed 17%. Bajaj Finance, saw its total income, for the...

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Moneylife Digital Team 09 August 2012
Cement companies are contesting the CCI order and investors have hardly skipped a beat. Prudence requires that you avoid at least the expensive cement stocks   In this issue of Popular Picks, some cement companies feature, namely, ACC, Ambuja Cement and Madras Cement. All three are...

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Moneylife Digital Team 09 August 2012
Infosys gave no room for optimism while RS Software has posted excellent results. Be sure to stay tuned in for our upcoming issues, which could see more interesting changes in this list Companies have started announcing their results for the quarter ended 30 June 2012. Beginning this...

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Moneylife Digital Team 08 August 2012
Fast recovery from the previous fall indicates a strong uptrend in the offing The domestic market pared all its gains to settle flat on selling pressure in Bharti Airtel on account of its dismal quarterly performance and lower growth forecast by global research entities. Yesterday we had...

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Moneylife Digital Team 08 August 2012
RBS Private Banking India has released a report wherein it expects the RBI to cut rates by 50 bps and expects the market to touch 5,700 by year-end and finds Indian equities undervalued Investors can look forward to Indian equities outperforming in the second half of 2012 on the back of...

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Moneylife Digital Team 07 August 2012
Positive indications from policymakers boost the indices   The market closed higher for the second day on assurances from the new finance minister to look at easing interest rates and review the retrospective tax provisions. Today the Nifty saw a sharp bounce enabling the benchmark...

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