STOCKS


MDT/PTI 20 November 2012
The stocks in these new indices are selected from the top 300 companies on the NSE based on their average free-float market capitalisation and aggregate turnover for the last six months   Mumbai: India Index Services & Products, a joint venture between the National Stock Exchange...

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Moneylife Digital Team 19 November 2012
Close on the Nifty above today’s high may lead to a short rally   Remaining listless for a major part of the trading session, the market closed flat with a mixed bias as investors await the Winter Session of Parliament, later this week, which could decide the fate of the recently...

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Moneylife Digital Team 19 November 2012
In its latest report, Espirito Santo Securities has observed that revenue growth has slowed down considerably, leading to the question of whether a turnaround has happened. Has it? In a new report dated 19 November 2012, Espirito Santo Securities (ESS) is uncertain when the recovery will...

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MDT/PTI 19 November 2012
The restriction in trading of these 40 stocks comes on top of shares of close to 500 companies already being kept under restricted-trade category by both BSE and NSE New Delhi: Leading stock exchanges BSE and National Stock Exchange (NSE) have restricted trading in stocks of as many as...

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Moneylife Digital Team 17 November 2012
Reversal would be seen only if the Nifty closes above any previous day’s high   The Indian market closed the holiday-shortened week with a loss of 2%, mainly on global growth concerns, and the absence of positive triggers from the domestic arena. A decline in industrial output for...

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Vidur Pendharkar 17 November 2012
A close above 5,685 on the Nifty may bring some reversal S&P Nifty close: 5,574.05 Market Trend   Short Term: Down                             Medium Term: Down                        Long Term: Down   After a flat opening, the Nifty made a feeble attempt to take...

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Moneylife Digital Team 16 November 2012
A reversal would only be seen if the Nifty closes above any previous day’s high   The market settled around 1% down on selling pressure in the post-noon session from banking, FMCG and auto stocks. Yesterday we had mentioned that we may see the Nifty consolidating at the day's low...

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Moneylife Digital Team 15 November 2012
Many companies reported better earnings in the September quarter not because of better operations but other income, concludes a research report by Kotak Institutional Equities. Also, many companies are facing stressful times due to poor cash flows   According to a research report by...

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Moneylife Digital Team 15 November 2012
There is a small chance that the Sensex, Nifty would have made their short-term lows today but this will be confirmed if tomorrow it goes above today’s high     The market closed lower on selling pressure in IT, metal, fast moving consumer goods and auto sectors and on global...

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Moneylife Digital Team 15 November 2012
Bajaj Finance was up 10%, M & M Financial Services  went up 1% while eClerx Services Ltd plummeted 9%   Gainers: Bajaj Finance, the Pune-based non-banking finance company and part of the Bajaj group, reported a 48% jump year-on-year in its Q2 FY12-13 net profit, to Rs130 crore. The...

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Moneylife Digital Team 15 November 2012
Kajaria Ceramics moved up 6%, HCL Technologies moved up 5% while Supreme Infrastructure tanked 7%   Gainers: Kajaria Ceramics Limited (KCL) at its board meeting held on16th October, approved the acquisition of 51% stake in Cosa Ceramics Pvt Ltd, by subscribing to the fresh equity...

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Moneylife Digital Team 12 November 2012
Nifty has to stay above 5,645 for the bulls to be hopeful   The market ended the last day of the Hindu calendar on a flat note weighed down by the decline in industrial production numbers for September and weak global cues. Today the Nifty hit a lower high and a lower low ended...

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Liquidity is pushing the Indian markets up; are we too complacent? Last fortnight, I had suggested that the daily volatility of Indian market has reached its lowest level since 2004 and that this would give way to much higher volatility. Since extremely low-volatility periods are...

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Moneylife Digital Team 10 November 2012
The downtrend may gain in strength if Nifty closes below 5,645   The market settled marginally lower on concerns about the US economy, as the world’s largest economy gets ready to implement $600 billion in spending cuts and hike in taxes early next year. Fears of another recession saw...

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Vidur Pendharkar 10 November 2012
If the S&P Nifty stays below 5,714, the bulls will be under pressure   S&P Nifty close: 5,686.25 Market Trend   Short Term: Up              Medium Term: Up               Long Term: Down   After a flat open the Nifty rallied in the first half of the week to hit...

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Moneylife Digital Team 09 November 2012
As suggested yesterday, a break of yesterday’s low triggered a sharp fall. The Nifty may see further downward below 5,645 The domestic market closed in the red for the second day on selling pressure in State Bank of India as the PSU bank saw an increase in its non-performing assets....

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Moneylife Digital Team 09 November 2012
Cyclical factors affected the topline of the castor seeds specialist but was helped by lower tax expenses, lower interest charges and higher other income    Jayant Agro-Organics, a castor seeds specialist, has reported somewhat disappointing results for the second quarter of the...

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MDT/PTI 09 November 2012
State Bank of India however, showed signs of stress on asset quality as its gross NPAs ratio jumped  5.2% to Rs49,202.5 crore during the September quarter Mumbai: The country's largest lender State Bank of India on Friday posted a 30.16% jump in its net profit to Rs3,658.14 crore during...

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MDT/PTI 09 November 2012
The Anil Dhirubhai Ambani group (ADAG) company said it net profit fell mainly due to interest outgo on money it had borrowed to buy 3G spectrum two years ago   Mumbai: Reliance Communications Ltd (RCom) has reported a 60% drop in its consolidated net profit to Rs102 crore for the...

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Moneylife Digital Team 08 November 2012
If the day’s low is broken tomorrow it may bring about a short downtrend The market ended its six-day gaining spree and closed in the red on re-emergence of worries about the global economy. Yesterday we had mentioned that we may see the upmove continuing unless the index closes below...

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