STOCKS


Moneylife Digital Team 11 September 2013
Nifty may suffer an intraday correction tomorrow, if it goes below 5,875 On Wednesday, the BSE Sensex opened marginally higher while the NSE Nifty opened weaker. Both the indices moved in the negative zone for major part of the trading session except for a strong recovery during the last...

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Moneylife Digital Team 11 September 2013
Jignesh Shah-led MCX clarified that in its opinion there is no material information, which may have a bearing on the price volume in its shares India's premier bourses, BSE and National Stock Exchange (NSE) have sought clarifications from Jignesh Shah-led Multi Commodity Exchange of...

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Moneylife Digital Team 10 September 2013
The current upmove may have more steam left. Nifty likely to hit 6,000    The Sensex and the Nifty on Tuesday recorded the highest percentage gain since 27 May 2009 on massive short covering after the rupee sharply dipped again. The Reserve Bank of India (RBI) measures in the past...

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Moneylife Digital Team 06 September 2013
The indices will move up as long as the rupee remains stable, but the gains in Nifty above 5,700 may be limited Raghuram Rajan the new governor of Reserve Bank of India (RBI) announced his plans for strengthening the battered rupee. This helped markets close positive for the second...

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Moneylife Digital Team 06 September 2013
The up move will be in doubt if the Nifty closes below 5,630    The indices opened positively but soon plunged into the red. In the mid-morning session, indices regained strength and edged higher. Today, for the first time after 15 trading sessions, the Sensex and Nifty managed...

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Moneylife Digital Team 06 September 2013
While BSE has revised circuit limit of 463 companies, NSE has set 5% circuit limit for 394 companies, 10% for 146 companies and 20% for 895 companies The BSE has revised the circuit limit of 463 stocks, including United Breweries Holdings, Reliance MediaWorks, Kingfisher Airlines and DB...

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Moneylife Digital Team 05 September 2013
The market has to break past 5,640 for today’s up move to continue The fresh steps taken to stabilize the currency and the measures to reassure investors by the new governor of Reserve Bank of India (RBI) Raghuram Rajan were welcomed by the market. In response to the measures, the Nifty...

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Moneylife Digital Team 05 September 2013
The RBI governor is expecting more insurance companies to invest in government securities to reduce the pre-emption of bank resources. But it may be a long time away given how LIC does its investments Pipavav Defence and Offshore Engineering has been locked in the lower circuit for the...

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Moneylife Digital Team 05 September 2013
There is a continued sense of concern over the near-term outlook on powergen and exports segments for Cummins India, according to Nomura Financial Advisory and Securities in its research note on the company based on its meeting with Rajiv Batra, CFO, Cummins India. However, export...

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Moneylife Digital Team 05 September 2013
It expects earnings growth to be 12.7% in 2014-15 Morgan Stanley Research, in its note on the stock market, is trimming its broad market earnings growth forecast for F2014 to -6% from 12% and is introducing an estimate of 5% for F2015.  It has cut its Sensex earnings growth estimates...

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Moneylife Digital Team 04 September 2013
From here, the Nifty may move in the range of 5,370 and 5,540. A close above 5,460 would be bullish for the short-term Except for a few minutes of trading in the red, the indices traded in the positive for the entire session on Wednesday. The Sensex opened at 18,315 while the Nifty...

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Moneylife Digital Team 03 September 2013
While NSE want brokers to collect upfront margins from investors to avoid a flash crash like 5th October 2012, why is Sebi going soft on NSE for a obvious systemic failure on that day? On 5th October 2012, the Nifty crashed by over 900 points when a dealer for stockbroker Emkay Global...

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Moneylife Digital Team 03 September 2013
We had mentioned yesterday “while the market is on a firm uptrend, there is a chance of a sharp decline at least on an intraday basis. A fall below 5,530 will signal the first weakness”. Expect further decline after 650 points loss in Sensex today Except for few minutes of trading in the...

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Moneylife Digital Team 02 September 2013
While the market is on a firm uptrend, there is a chance of a sharp decline at least on an intraday basis. A fall below 5,530 will signal the first weakness Today the benchmark back home opened in the positive for the third consecutive trading session. While the Sensex had a 11-day high...

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Investors are again paying for ignoring the big picture Institutional investors, who are putting billions of dollars in India and moving the markets, are interested in micro issues. They are keen to know the details of quarterly earnings of the companies in which they have an interest,...

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Moneylife Digital Team 31 August 2013
The indices are heavily oversold and could rally over the next few weeks Market this week saw the rupee hitting its all time low, forcing the Reserve Bank of India (RBI) to take measures to control the volatility of domestic currency.   During the week, Indian stock markets broke...

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Moneylife Digital Team 30 August 2013
A close above 5,500 on the Nifty may add more strength to the current up move The indices back home moved with mostly in the positive zone on Friday except for a plunge in the red during the noon session when they hit their day’s low. However, near the end of the session, these indices...

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Moneylife Digital Team 29 August 2013
Nifty has gone above the first of three short-term indicators we track. It has to close above today’s high for the upmove to continue Today the indices opened in the positive and edged higher each time after a minor dip – until a selloff in the end. The market was expected to be volatile...

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Moneylife Digital Team 28 August 2013
If the Nifty stays above 5250 tomorrow, it may be the first sign that the downturn is temporarily over On huge volumes of 78.13 crore shares on the National Stock Exchange (NSE), the Nifty managed to recover after hitting almost a 11-month low today. Around the globe, the news of US...

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Moneylife Digital Team 27 August 2013
Nifty may try to stabilise around 5240 but the trend is firmly down The passage of Food Security Bill in the Lok Sabha on Monday night raised concerns about the effect of massive subsidy on the fiscal deficit. As a result, the rupee on Tuesday collapsed to an all-time low and domestic...

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