STOCKS


Moneylife Digital team 23 August 2012
Bharat Gears and Thangamayil Jewellery make their first appearance in Moneylife, while Mirza International, put ‘under review’ earlier seems to have turned around due to improved profits. Two stocks make their first appearance in this issue—Bharat Gears and Thangamayil Jewellery. Details...

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Moneylife Digital Team 23 August 2012
Kajaria Ceramics, Colgate-Palmolive, Munjal Showa, Balaji Amines and India Glycols—all have reported excellent results in the June quarter   As mentioned in our previous issue, we expected some changes to this list and, indeed, some companies have dropped out while some have crept in...

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Moneylife Digital Team 23 August 2012
Thangamayil Jewellery, delivering sustainable financial returns are good mid-cap returns, although the come with additional risks. Thangamayil Jewellery had informed BSE in July 2012 that the company was opening its 20th branch at Namakkal (Tamil Nadu) on 15 July 2012. With every new...

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Moneylife Digital Team 23 August 2012
Investors holding energy stocks have had a rocky ride recently. It will take some time for the sector to be energised again   Investors like companies in the energy sector for various reasons. It could be that India is energy-deficient and there is great scope for growth. Or that this...

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Moneylife Digital Team 22 August 2012
Cautious upmove ahead; change in trend if the Nifty closes below the previous day’s low     The market snapped its two-day winning streak to close lower on unsupportive global cues and the political stand-off in Parliament. The two-day strike by PSU bank employees also weighed on the...

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Moneylife Digital Team 21 August 2012
Upward trend would be maintained as long as the Nifty does not close below any previous day’s low The market settled over 1% higher on upbeat corporate news and global support. On Friday we had mentioned that lower low and a close below 5,342 may see Nifty slip to the level of 5,250. The...

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The BSE estimates the collective savings of brokers will be over Rs1,000 crore per year due to lower charges. But what happens if the NSE decides to match the price? Even as it has announced plans to go public, the Bombay Stock Exchange (BSE) is taking on current and future competition,...

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Moneylife Digital Team 18 August 2012
A close below 5,342 may see the Nifty slip to the level of 5,250 The market saw its third weekly close in the positive mainly on hopes that central banks across the world will step in with fresh initiative to spur growth in the light of dismal economic indicators. A fall in India’s...

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Vidur Pendharkar 18 August 2012
Even though the trend is bullish more convincing evidence is needed to support the bullish cause from here on   S&P Nifty close: 5,366.30 Market Trend Short Term: Up                          Medium Term: Down                          Long Term: Down   The bulls...

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FIIs have poured in two months a stunning $2.2 billion Last fortnight, I had suggested that the Nifty, which had rallied from 5,032 to 5,246, was in a mood to give up the gains and some more. However, it turned out that the market had more steam left. The Nifty jumped to an intraday high...

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Moneylife Digital Team 17 August 2012
Lower low and a close below 5,342 may see Nifty slip to the level of 5,250    The market, which was in the green in the first half of trade, surrendered its gains following the CAG report which estimated losses from allocation of coal blocks at Rs1.86 lakh crore. However, select buying...

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Moneylife Digital Team 16 August 2012
If Nifty breaches 5,330, it may reach the level of 5,245   The market snapped its two-day winning streak and settled lower on selling pressure in FMCG, metals and consumer durables sectors. In our Tuesday’s closing report we had mentioned that the Nifty has to break out of the range...

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Moneylife Digital Team 16 August 2012
Kemrock Industries & Exports tumbled to nearly half its price in 10 days. Poor results, increasing finance costs and additional pledging of shares has resulted in investors dumping the stock   Kemrock Industries & Exports, which was trading at around Rs500 per share sometime back, has...

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MDT/PTI 16 August 2012
Listing out a total of 14 stock exchanges across emerging countries, SEBI said the BSE stood at fourth position and the NSE at fifth among these bourses in terms of cumulative market capitalisation of all their listed companies Mumbai: The Bombay Stock Exchange (BSE) and the National...

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Moneylife Digital Team 14 August 2012
The Nifty may see a staggered upmove    The market closed marginally off the day’s high supported by a fall in headline inflation and support from global markets. Yesterday we had mentioned that the Nifty has to break out of the range of 5,300 and 5,377 for further direction. Today in...

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Moneylife Digital Team 13 August 2012
The Nifty has to decisively break out of the range of 5,300 and 5,377 for further direction   The Asian indices had a weak opening and so did the indices at home. Both the Sensex and the Nifty opened in the negative at 17,552 and 5,316, respectively. On Friday we had mentioned that if...

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Moneylife Digital Team 13 August 2012
Poor returns, a weak government with no appetite for reforms have scared off many investors, including foreign investors from the stocks of PSUs. In the mid-90s, many savvy investors had met with the same fate and swore not to invest in government company stocks. This only shows how and why...

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MDT/PTI 13 August 2012
Kingfisher Airlines soared 20% on the bourses today on reports that the company is in discussions with several strategic and financial investors to bring fresh capital   The Kingfisher Airlines stock today rose sharply by 20%, to the highest trading permissible limit for the day,...

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Moneylife Digital Team 13 August 2012
The investment bank cautioned that PSU banks like State Bank of India, which have a greater exposure to SME advances, are more susceptible to non-performing advances than private banks on account of uncertain monsoon and economic outlook   Deutsche Bank has downgraded India’s largest...

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MDT/PTI 13 August 2012
According to latest information available with SEBI, draft documents for IPO from as many as 33 companies and preliminary papers for rights issues from 11 entities are under process   New Delhi: More than 40 companies including Bhushan Steel and TV18 Broadcast Ltd are awaiting green...

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