STOCKS


Moneylife Digital Team 28 June 2012
V-Guard Industries skyrocketed 16%, Lupin moved up 3%, while Munjal Auto tanked 8%   Gainers: V-Guard Industries, a south-based electrical and electronic appliance-maker, saw its operating profits grow at 70% year-on-year. The stock skyrocketed 16%. Hero MotoCorp has unveiled its...

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Moneylife Digital Team 28 June 2012
  We have introduced two new stocks to our—Swaraj Engines Ltd and Yuken India Ltd. Details of these stocks can be found in our Street Beat section on Pages 30 and 31 respectively. This time, there has not been any exit trigger. The composition of the stocks remains the same, with...

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Moneylife Digital Team 28 June 2012
The large number of changes to the list this time was caused by the rush of financial results that have changed the ranking. Also, remember we can showcase just 70 stocks here. We do not expect the list to change much until the June quarter results have all flowed in. Of course, apart from...

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Moneylife Digital Team 28 June 2012
The Sensex and the Nifty both rose 3% in the fortnight. The ML Mega-cap Index rose 2%. The ML Micro-cap Index, the ML Small-cap Index, the ML Mid-cap Index and the ML Large-cap Index ended flat.  

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Moneylife Digital Team 28 June 2012
Foreigners:  Foreign institutional investors were net sellers of stocks (Rs868.80 crore). They sold shares worth Rs24,519.74 crore.   Indians: Domestic institutional investors were net buyers of equities (Rs1,339.61 crore). They bought shares worth Rs9,709.83 crore.  

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Moneylife Digital Team 28 June 2012
Shares of construction, engineering and infrastructure companies were in demand. Unity Infraprojects soared 14%, Dredging Corporation of India advanced 13% and Jaiprakash Associates moved up 12%.  

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Moneylife Digital Team 28 June 2012
Consumer durables companies’ stocks were punished. Bajaj Electricals tumbled 18%, Sharp India declined 7%, Surya Roshni and Bata India fell 6% each. VIP Industries and Samtel Color fell 5% each.   

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Moneylife Digital Team 28 June 2012
The FTSE rose 2%, the S & P 500, the Nasdaq Composite and the Korean Composite rose 1% each, while the Shanghai Composite fell 2%.  

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Moneylife Digital Team 28 June 2012
Surana Infocom Pvt Ltd bought 26,657 shares of Surana Telecom and Power Ltd (stake up to 2.85%). DS Kulkarni, chairman and managing director DS Kulkarni Developers Ltd, bought 22,096 shares in the company (stake up to 15.4%). Shriram Capital Ltd bought 1,60,174 shares in Shriram Transport...

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Moneylife Digital Team 28 June 2012
  Shares of construction, engineering and infrastructure companies soared 7%, banks and energy companies’ stocks advanced 5% each. Trading companies’ stocks tumbled 7%, glass companies’ stocks declined 5% and consumer durables companies’ stocks fell 4%.

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Moneylife Digital Team 27 June 2012
The Nifty may move sideways with a negative bias in the range of 5,060 to 5,155 The volatile market settled higher on hopes that the prime minister, who has kept the finance portfolio, will create a path for economic reforms. On a higher volume of 53.36 crore on the National Stock...

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Moneylife Digital Team 26 June 2012
Strong recovery in the closing hour helped the indices close in the positive   After being range-bound near the previous day’s close for most part of the trading session, a good recovery in the last hour enabled a green close. Yesterday we mentioned that a strong close below the day’s...

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MDT/PTI 26 June 2012
According to the ratings agency, revenue growth in the April-June quarter is forecast to drop to around 14% from 17.5% a year ago, given the slowdown in economic activity and gross fixed investments   Mumbai: With 15 out of 26 sectors facing severe margin pressure due to higher...

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The path of least resistance is higher The market is behaving as if it wants to head higher. But, of course, in these days of volatile but directionless move, by the time you get this issue in hand, the market would have gone up and down a few times down and yet stayed at exactly the...

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Moneylife Digital Team 25 June 2012
Strong close below today’s low of 5,106 on the Nifty may result in a change in uptrend which started from 4,771on 4th June The market erased all its gains and settled in the negative as the government's initiatives to boost growth did not meet market expectations. We may now see the...

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There is a widespread propaganda that stocks have become undervalued. Think again All professional money managers are parroting that stocks are undervalued currently. A pile of statistical data is produced everyday by a multitude of analysts working in broking companies that emphasises...

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MDT/PTI 18 June 2012
This is the third time that Ketan Parekh has been given permission to visit UK due to the ill-health of his daughter after his arrest in the multi-crore scam in 2001   Ahmedabad: A special court of the Central Bureau of Investigation has allowed former stock broker Ketan Parekh, main...

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Moneylife Digital Team 16 June 2012
Nifty has to stay above 5,045 for the upmove to continue The market closed in the positive for the second week in a row on hopes that the Reserve Bank of India (RBI) will cut key rates in its mid-quarter policy review on 18th June. Besides, there are speculations that central banks...

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Moneylife Digital Team 15 June 2012
Trend on the Nifty may change if the support of 5,045 is broken Hopes of a rate cut by the RBI pushed the market higher today. Yesterday we had mentioned that if the Nifty closes in the negative today, we may see the benchmark slipping to the level of 5,000 and then finding its next...

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