STOCKS


Moneylife Digital Team 26 July 2012
A continuous review with precise actions to be taken at any time   This issue, we have added two new stocks to our list—Chaman Lal Setia Exports Ltd and Deccan Cements Ltd. Details of these companies can be found in this section. Amongst the stocks we have recommended since January...

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Moneylife Digital Team 26 July 2012
Gruh Finance skyrocketed 15%, UltraTech Cement rose 6% while Berger Paints India fell 5%   Gainers: Gruh Finance has announced 25 July 2012 as the record date for the sub-division of equity shares of Rs10 each into five equity shares of Rs2 each. The price of the scrip...

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Moneylife Digital Team 26 July 2012
As we near the end of the first quarter earnings season of the new fiscal, this list will start witnessing changes from the next issue. Six stocks have made their exodus while six new stocks have been added to the list    As we near the first quarter earnings season of the new fiscal,...

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Moneylife Digital Team 26 July 2012
While RIL’s petrochemicals and refinery business have been doing fine, its KG basin gas find and retail business have been disappointments   Among institutional investors, Reliance Industries has been one of the most popular stocks. Fund managers must have it in their portfolio...

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Moneylife Digital Team 25 July 2012
If the Nifty manages to close above 5,145 we may see the some gains. A close below today’s low would be a sign of big trouble   The market, which traded lower for the entire session, witnessed a smart recovery following a positive opening of the European indices and closed with...

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Moneylife Digital Team 24 July 2012
In just one day, BSE's trading volume in derivatives increased by Rs24,625.2 crore to reach near Rs1 lakh crore. But dealers seem baffled with this humungous number put out because retail trades is still overwhelmingly done in National Stock Exchange Even as the third exchange is about...

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Moneylife Digital Team 24 July 2012
The market has to rally in the next couple of days or it will sink much lower. Today the Asian indices had a mixed opening while back home both the Sensex and the Nifty opened in the positive. The Sensex opened at 16,908 while the Nifty opened at 5,129. The market was listless throughout...

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Rallies are weak, declines are shallow   In the previous issue, I had suggested that after a massive one-day pop on 29th June, the market looks confused and that there were two possibilities for the immediate future. One, the Nifty struggles at this level and goes down by 5% or so....

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Moneylife Digital Team 23 July 2012
  If the Nifty closes below today’s low, the next support would be 5,060   All the Asian indices opened in the negative after a Chinese central bank adviser forecast an economic slowdown and on renewed concern that Greece may not meet its bailout targets, dampening demand for...

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Moneylife Digital Team 21 July 2012
The Nifty has to break the range of 5,190 and 5,340 for a trend change The market closed mildly in the negative for the week, and down for the second week in a row, on lacklustre quarterly results from corporates and headline inflation coming in at 7.25% in June. Investors are hoping...

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Vidur Pendharkar 21 July 2012
Unless and until the 5,350-5,400 point’s area is taken out there is no cause for bullishness. Sell in rallies and stay away if you are only inclined to the bullish side  S&P Nifty close: 5,205     Market Trend   Short Term: Sideways              Medium Term: Down  ...

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Moneylife Digital Team 20 July 2012
The Nifty has to break the range of 5,190 and 5,340 for a reversal   The market settled lower with the banking sector as the top loser following a RBI panel suggesting stricter regulations on loan restructuring. Political drama at the Centre also weighed on market sentiments. Today, on...

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The Cabinet Committee on Economic Affairs, which met on Thursday, approved the disinvestment of 10.82% equity of SAIL out of the government shareholding of 85.82%    New Delhi: The government has approved disinvestment of 10.82% stake in Steel Authority of India (SAIL) through auction...

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Moneylife Digital Team 19 July 2012
Nifty has to break the range of 5,190 and 5,340 for a trend change. It may take a while Positive global cues and across-the-board buying helped the benchmarks settle higher for the second day. Today the Nifty moved in a narrow range of 5,233 and 5,258. Yesterday we had that the gains...

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Moneylife Digital Team 19 July 2012
Siyaram Silk Mills Ltd (SSML) is currently trading on the Bombay Stock Exchange (BSE) at around Rs269, far from its 52-week high of Rs463.70, on 14 June 2011. After touching a 52-week low of Rs223.70 on 9 January 2012, the share has recovered to its current market price.    SSML...

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Moneylife Digital Team 19 July 2012
Rane (Madras) Limited (RML) is a rising share on the Bombay Stock Exchange (BSE). It is currently trading at around Rs157 and has improved from a 52-week low of Rs90.35 on 30 December 2011. Its 52-week high was at Rs164.70 on 20 April 2012.    RML is a leading auto components...

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Moneylife Digital Team 18 July 2012
As suggested yesterday, Nifty did get a support near 5,160 and a small rally ensued, but the gains may not be sustained   Yesterday we had mentioned that the Nifty will enjoy a small rally but is headed down towards its first support at 5,160 and then at 5,075. Today the index...

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Moneylife Digital Team 17 July 2012
The Nifty is headed down and find its first support at 5,160 and then at 5,075. However, there will intermittent rallies. For a trend reversal, the Nifty must close above previous day’s high   The market, which was in the positive till the post-noon session, pared all its gains in late...

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Moneylife Digital Team 16 July 2012
If the Nifty manages to close above any previous day’s high, the downtrend may reverse   The volatile market pared its gains in the second half of trade on selling pressure in IT and metal stocks and settled lower for the fourth day in a row. Today the Nifty fell to a low of 5,190 and...

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MDT/PTI 16 July 2012
Under the investment scheme, 50% tax deduction would be allowed to retail investors with annual income less than Rs10 lakh, for investment up to Rs50,000, with a lock-in period of 3 years.   New Delhi: The Finance Ministry is likely to come out with details of the Rajiv Gandhi Equity...

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