STOCKS


Moneylife Digital Team 17 April 2013
Nomura expects that the consensus earnings will fail to deliver the expected 14% growth in FY14 even as they describe that earnings will be key to stock performance for the current fiscal. It has picked ICICI Bank, ITC, Mahindra & Mahindra, Dr Reddy’s Laboratories and Zee Entertainment to...

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Moneylife Digital Team 16 April 2013
As suggested yesterday, the indices went up and this may continue if the Nifty manages making higher high and higher low Brushing weak global cues, the Indian market closed higher on buying in banking, auto and capital goods stocks. As mentioned yesterday the indices made substantial...

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Moneylife Digital Team 16 April 2013
With Fiscal year ending and time for fourth quarter results annoucements, its worth your while to wait and watch how 'valuable' value stocks really are   Markets witnessed a nasty fall over the past fortnight. This has caused valuations to tumble and stocks are looking attractive. But...

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Moneylife Digital Team 16 April 2013
In the light of a lower-than expected fourth quarter performance by Infosys, Nomura expects consensus earnings and multiple downgrades and management’s outlook of pricing and margin pressure in the near term IT services major Infosys reported net profit of Rs2,394 crore for fourth...

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Moneylife Digital Team 15 April 2013
If the Nifty manages to make a higher high and stay above 5,555, it may see some more gains   The market closed in the positive on better-than-expected inflation numbers that raised hopes of the RBI cutting key interest rates, going ahead and a rally in oil & gas stocks following a...

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Moneylife Digital Team 15 April 2013
A mid-size software company with average return ratios   Persistent Systems (Persistent) has more than 6,000 employees and has developed more than 3,000 products and applications for nearly 300 customers over the past five years. Persistent focuses on developing solutions in four...

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Are We Slipping into a Bear Market?   A fortnight ago, I had mentioned that we might enjoy a short rally but hopes of a sustained upmove are misplaced, with a caveat that if the Nifty breached the recent low of 5,605, even our medium-term bullishness will turn into a neutral stance....

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Moneylife Digital Team 13 April 2013
If the Nifty closes above 5,550, it will attempt a short rally. A weekly close above 5,635 is needed for a longer rally to unfold The market closed in the negative for the second week in a row on not-so-impressive economic indicators which raised concerns of the pace of growth and weak...

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In 5 out of 8 quarters, analysts have been horribly wrong about Infosys’ results, leading to a huge gap-down opening including today. What a huge fall for a company that once declared that "under-promise and over-deliver" was its strategy   Infosys shares fell by over 21% from...

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Moneylife Digital Team 12 April 2013
RS Software’s March quarter results showed how dire global circumstances were but still managed to put in decent numbers RS Software has reported consolidated revenues of  Rs76.08 crore for the quarter ended 31 March 2013, up by 8.17% year-on-year (y-o-y) from Rs70.46 crore in the...

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Moneylife Digital Team 12 April 2013
A close above 5,555 on the Nifty may bring in some gains. On the downside, support remains in the region of 5,480-5,450 The market closed lower on a sell-off in IT and technology shares after Infosys announced disappointing fourth quarter results this morning and on weak economic...

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Moneylife Digital Team 10 April 2013
Nifty will have to make a higher low and close above today’s high for the gains to continue   The market snapped its five-day losing streak and closed higher on gains in technology, banking and capital goods sectors in late trade today. The Nifty will have to make a higher low and close...

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Moneylife Digital Team 10 April 2013
BSE Sensex today hit lowest levels since the finance minister announced his reform measures on the 14th September 2012. What exactly happened between September 2012 and now? Today the Bombay Stock Exchange’s (BSE) 30-share Sensex hit a low of 18173. On 14 September 2012 when finance...

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Moneylife Digital Team 10 April 2013
According to Nomura, one of the key triggers for Diageo in India will be a reduction in the import duty on imported scotch. One of the most immediate benefits for United Spirits’ shareholders is the potential capital infusion helping to reduce the debt and improve both the profit & loss and...

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Moneylife Digital Team 09 April 2013
If the Nifty continues to make lower lows, it may go down to the level of 5,450   The market pared early gains and settled in the negative for the fifth day in a row on persistent selling by foreign institutional investors. If the Nifty continues to make lower lows, it may go down...

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Moneylife Digital Team 09 April 2013
The scrips, which would be shifted to the trade-to-trade segment include A2Z Maintenance & Engineering Services, Bartronics India, Consolidated Construction Consortium, Khaitan Electricals, KS Oils, Triveni Engineering & Industries and Uttam Sugar Mills, among others   The National...

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Moneylife Digital Team 09 April 2013
Nomura analysts are of the view that it is the start of a bad earnings cycle for BHEL, as orders won during the time of rising competition and lower utilisation will have a further impact on margins and working capital cycle BHEL released its FY13 provisional results which were largely...

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Moneylife Digital Team 09 April 2013
In the second part of this quarterly earnings preview, we take a look at the earning prospects from oil & gas, real estate, retail, technology, telecom and utilities sectors. Oil & Gas Brent average crude price for 4QFY13 was higher q-o-q at $113 per barrel (bbl) (averaged around...

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Moneylife Digital Team 08 April 2013
The Nifty made a higher low today. If it moves above today’s and Friday's high, there could be a short upmove The market settled in the negative for the fourth successive day, this time on concerns about weak corporate earnings for the fourth quarter and economic growth. The Nifty made...

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Moneylife Digital Team 06 April 2013
A short-term upmove will be possible if the Nifty manages to stay above last week’s low   The market closed with a loss of over 2% on week economic indicators and a selloff by foreign institutional investors since Tuesday. Unsupportive global cues also weighed on investor sentiments....

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