STOCKS


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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High frequency trading (HFT) has been cited as the cause for increased volatility and systemic risk. However, HFT firms counter that it has brought down the cost of trading for retail and institutional investors   High frequency trading (HFT), or trading by machines based on complex...

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Moneylife Digital Team 11 August 2012
If the Nifty breaks Friday’s low, it may head for 5,200   The market closed in the positive for the second week in a row on hopes that the Indian government would renew efforts to push growth-oriented reforms and easing of global uncertainties. Going ahead, headline inflation numbers...

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Vidur Pendharkar 11 August 2012
One should exit longs and those with a desire for high risks can create some short positions with an appropriate stop loss as the risk/reward ratio is now favouring a drop S&P Nifty close: 5,320.40 Market Trend   Short Term: Sideways                       Medium Term:...

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Moneylife Digital Team 10 August 2012
If the Nifty breaks today’s low, it may be headed for 5,200   The market settled flat with a negative bias following a clutch of disappointing quarterly results and subdued global cues. Yesterday we had mentioned that we may see the Nifty move sideways for a day or two before it...

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Moneylife Digital Team 09 August 2012
The Nifty is indecisive over the extreme short-term, awaiting further news flows. The slightly longer term trend is up   Dismal industrial production numbers for June, forecast of lower GDP growth by another global agency and not so impressive corporate results resulted in the market...

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Moneylife Digital Team 09 August 2012
Morgan Stanley Research claims buyback delivers alpha but a closer look shows that it is all random and returns are highly skewed. Not all buybacks work and finding the winner is as good as a coin toss   Morgan Stanley Research (Asia/Pacific), in a recent report, has estimated that...

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Moneylife Digital Team 09 August 2012
Even though margins were under pressure, Apcotex Industries’ overall business climate has improved since price increases were complemented to offset higher cost of raw materials Apcotex Industries (AIL) is one of the leading producers of synthetic lattices (VP latex, SB latex, Nitrile...

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Moneylife Digital Team 09 August 2012
Most of the stocks we have recommended so far have posted excellent results and have fetched good returns. This issue we are adding two stocks to our list—Apcotex Industries and Supreme Infrastructure This issue, we have added two new stocks to our list—Apcotex Industries Ltd and Supreme...

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Moneylife Digital Team 09 August 2012
V-Guard Industries zoomed 19%, Balkrishna Industries went up 9%, while Atul Auto tanked 6%   Gainers: V-Guard Industries Ltd, a fast-growing south-based electrical and electronics company, has set aside Rs45 crore for national branding initiatives as it tries to explore newer...

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Moneylife Digital Team 09 August 2012
The financial performance of Supreme Infrastructure is extraordinary and one wonders how the company is able to pull this off in a capital-intensive business with irregular project cycles Supreme Infrastructure is a rare infrastructure company doing very well. Construction of roads,...

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