STOCKS


Moneylife Digital Team 29 February 2012
The downward momentum has probably been contained. Watch for a close above 5,450 and 5,350 on the Nifty for short-term direction The market opened on a positive note but lost its momentum as lower growth for the third quarter resulted in a sell-off in the second half of trade. We...

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Moneylife Digital Team 28 February 2012
Reversal possible if the Nifty closes firmly above 5,376 tomorrow Value picking by institutional investors, after a steep decline in the previous session, enabled the market snap its four-session losing streak. Today the benchmarks were able to recover more than half the losses suffered...

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Moneylife Digital Team 27 February 2012
Nifty may find support at 5,230 and then at 5,180 The market witnessed a sharp fall today, extending last week’s losses as rising oil prices re-ignited fears of higher inflation. A sell-off in blue-chips by institutional investors also weighed on the market. Both the Sensex and the...

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Moneylife Digital Team 25 February 2012
Nifty may move in the range of 5,390-5480 The market witnessed its first weekly close in the red, snapping its seven-week gaining streak that started since the beginning of 2012. The reversal happened as investors booked profits on global economic concerns and a slowdown in the country’s...

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Moneylife Digital Team 24 February 2012
Nifty may move in the range of 5,390-5480 unless the uptrend resumes The market settled lower on institutional selling in blue-chips, which resulted in the capital goods, realty and banking sectors ending as the biggest losers today. Today’s closing finally broke the seven-week rally,...

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Moneylife Digital Team 23 February 2012
Expert forecasts about market directions are usually wrong. But Bob Janjuah, a strategist with Nomura, takes the cake. He says he would have been right with his extreme bearish views but the central banks came and rigged the market Experts often make market predictions that are wrong. Worse,...

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Moneylife Digital Team 23 February 2012
Nifty may reach first support of 5,425. Downtrend may reverse if the market closes above the previous day’s high The market witnessed a flip-flop session and settled in the negative as weak cues from Europe induced ferocious late hour selling when the Sensex tanked over 100 points...

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Moneylife Digital Team 23 February 2012
Strong sales growth in a growing market We have written about TTK Prestige Ltd in our Cover Story (issue dated 8 October 2009) when its share price was around Rs215. The price has exploded 10 times in the past two years to Rs2,440. While it is not undervalued, it may still give decent returns...

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Moneylife Digital Team 23 February 2012
Specialised in castor oil derivatives Jayant Agro-Organics Ltd is an oleo-chemicals company with leadership in the castor-based specialty chemicals. Castor oil is used in personal hygiene products, fashion and textile products, food items, transportation products like lubricants and engine...

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Moneylife Digital Team 23 February 2012
Strong financial performance and low valuation Indag Rubber Ltd (IRL) is in the business of manufacturing pre-cured tread rubber, un-vulcanised rubber strip gum, universal spray cement and tyre envelopes. Tread rubber is made from superior raw materials and pressed at a very high pressure...

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Moneylife Digital Team 22 February 2012
A close above any previous day’s high may reverse the down trend Snapping its two-day winning streak, the market settled sharply lower as the lower opening of the key European markets induced a huge sell-off in the latter part of trade. Today the Nifty fell on a huge volume of 129.80...

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Moneylife Digital Team 22 February 2012
One of the reasons that stock market has been up for the past two months is massive liquidity injection by the European Central Bank—exactly the way the market was charged by quantitative easing in the US in 2009 and mid-2011. Are there signs that liquidity injection by ECB is about to halt? In...

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Moneylife Digital Team 21 February 2012
Nifty will look weak below 5,500 The market traded in the positive for the entire session and settled in the green for the second day. Sentiments were boosted following comments from RBI deputy governor Subir Gokarn that the central bank may go in for another CRR cut on the back of tight...

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Sentiment has done its job. Will earnings keep pace? Sometime in the middle of January, I suggested that we have a baby bull market in the making. At that time, mainstream Indian media were full of stories of doom and gloom fed by even more gloom and doom stories in global mainstream...

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Moneylife Digital Team 20 February 2012
Will the market rally for the 8th week? Toss a coin We had written on 8 February 2012 (http://www.moneylife.in/article/will-the-market-rally-for-a-sixth-week-in-a-row/23543.html) that the markets are likely to end the sixth week higher. Our guess was proved right, based on the probabilities...

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Moneylife Digital Team 18 February 2012
Nifty likely to hit 5,610 and may be supported to around 5,475 The government’s move to boost foreign fund inflows into the Indian market saw the market surging for the seventh week in a row. Foreign institutional investors (FIIs) have so far pumped in Rs21,590 crore (as of 17 February...

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Moneylife Digital team 17 February 2012
Nifty to move in the range of 5,475 and 5,600 Institutional buying and strong cues from the global markets saw the indices staying in the positive zone for the entire trading session. After a monster rally, all kinds of average to poor quality stocks have now started to shoot up. From...

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Moneylife Digital Team 16 February 2012
Nifty to move in the range of 5,460 to 5,625 The market, which opened in the red on selling pressure and weak global cues, saw a good recovery in post-noon trade. But the upmove lacked strength, resulting in the benchmarks snapping their three-day rally. Yesterday’s panic buying was...

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Moneylife Digital Team 16 February 2012
What is common between Microsoft’s steep rally in 2000, Petorchina’s rise in 2008 and Apple’s vertical move in 2011? Apple made news recently when it was valued more than Microsoft and Google combined, when its market capitalisation was valued at an eye-popping $461 billion. It became the...

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Moneylife Digital Team 15 February 2012
Nifty may reach the level of 5,665. If it does so without a correction, watch out! Optimism that Greece would stand by its austerity measures boosted the global markets, including India. All-round buying support from institutional investors saw the market make a northward journey right...

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