STOCKS


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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Moneylife Digital Team 14 February 2012
Nifty may rise if it crosses the level of 5,430 The market, which opened marginally in the red on weak global cues, saw little movement for most part of the session. However, select buying in late trade helped the indices close higher for the second day in a row. Today the Nifty...

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Moneylife Digital Team 13 February 2012
Nifty should cross 5,430 to for the uptrend to regain strength. If not, it would be narrow sideways movement A high degree of volatility saw the market fluctuate in and out of the red till noon trade, after which support from the European bourses lifted the domestic benchmarks to their...

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Moneylife Digital Team 11 February 2012
The Nifty may see a sideways movement between 5,290 and 5,425   Global events and dismal domestic factory output numbers for December 2011 weighed on the market this week. The international scene was dominated by the impasse in Greece over the agreement with its creditors. Even though...

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Moneylife Digital Team 10 February 2012
Nifty may move sideways between 5,290 and 5,425 The market settled lower as poor industrial output numbers for December and unending European woes weighed on investors. With a lower volume of 96.62 crore shares on the National Stock Exchange, the Nifty once again made a higher high and...

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A decade after the Ketan Parekh scam, the custodian appointed under the Special Courts Act has moved a petition seeking custody of all the money paid by him to Bank of India and Madhavpura Mercantile Cooperative Bank (Ahmedabad) How did Ketan Parekh, the primary accused in the securities scam...

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Moneylife Digital Team 09 February 2012
Nifty may move in the range of 5,340 and 5,495 The market, which was range-bound and slightly in the negative terrain till the post-noon session today, surged higher and closed in the green on positive news from Europe. As we mentioned yesterday, unless the market makes a lower low, the...

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Moneylife Digital Team 09 February 2012
Is it for real? We have been watching the relentless rise in the share price of Kaveri Seeds for the past year with surprise. From Rs275.10 on 9 February 2011, it rose to Rs497 on 21 October 2011. The share is now trading at around Rs471 on the BSE (Bombay Stock Exchange), reflecting a rise...

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Moneylife Digital Team 09 February 2012
Innovative products and strong exports We had written about Somany Ceramics in Street Beat (9 September 2010). The share has declined from Rs50.51 along with the markets and is now quoting at around Rs39 and has become an even more attractive buy for the long term. The company’s product...

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Moneylife Digital Team 09 February 2012
High profits through rapid growth We had written about Divi’s Laboratories Ltd in our Cover Story (9 October 2008), Street Beat (23 November 2006) and Stock Screen (14 September 2006). The share is now trading at Rs777. Divi’s Laboratories is an R&D player in the pharma space and has...

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Moneylife Digital Team 08 February 2012
Can the current market momentum sustain and end positively this week. History says its highly probable Sometimes it is hard to predict whether the current momentum will continue or not. Markets are prone to random movements. However, historical patterns offers us interesting odds at...

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Moneylife Digital Team 08 February 2012
The market must shed some weight to climb higher All the Asian indices opened fairly in the positive and also all ended in the green, following a rally in the US markets yesterday. This is on the back of Greece's government edging closer to securing a bailout package. The US also closed...

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Moneylife Digital Team 07 February 2012
Lower lows on Nifty may lead it level of 5,290 US indices mostly ended in negative on Monday on the concerns that Greece may be unable to avoid the default as it struggles to reach terms on a new bailout package. Asian markets had a weak opening with the Greece's political leaders...

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Moneylife Digital Team 06 February 2012
Watch if Nifty goes below today’s lows The Asian market opened positive, on the back of a strong close in the US on Friday (thanks to solid US jobs growth data), and so did the domestic indices. Each of the five weeks since the start of the year the Sensex and the Nifty have made weekly...

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A major move may have started A fortnight ago, my piece was titled “Baby Bull?” Since then, we have had a rally of 866 points on the Sensex. The bull looks stronger by the day. The price action has all the hallmarks of a bull market in the making. No price level is a barrier. The bull is...

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Moneylife Digital Team 04 February 2012
A reaction is imminent For the fifth week in a row the market has ended in positive, making the Sensex and the Nifty to close at its highest since 31 October 2011. Both the indices rose 2% over the week. Except for Monday when there was huge loss on the bourses, all other four trading...

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Vidur Pendharkar 04 February 2012
The next cyclical top falls in the end of March 2012, so it will be interesting to watch how the market behaves from here on as it is now a desperate situation for the Bears to pull things back S&P Nifty close: 5325.35   Market Trend Short Term Up            Medium Term...

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Moneylife Digital Team 03 February 2012
Nifty may move in the range of 5,220 and 5,395 The Asian indices opened cautiously and the domestic indices too were range bound for the major part of the trading session. However, in the last hour, the indices pushed higher extending the significant rally that started in late December....

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