STOCKS


Moneylife Digital Team 18 April 2012
Nifty has to refrain from breaking today’s low to record some more gains The market opened on a positive note encouraged by the RBI’s rate cut on Tuesday. But the gains tapered off in the second half as the key European indices were in the red. Yesterday we had mentioned that if the...

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Moneylife Digital Team 17 April 2012
If the Nifty closes above 5,310 tomorrow, it is likely to hit 5,370 After a flat opening, the market which received a boost from the RBI’s 50 basis point rate cut, closed in the green for the second day in a row. Today the Nifty made a higher high, an indication of the market heading...

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Moneylife Digital team 16 April 2012
The market may get a firm direction in a couple of days Nervousness ahead of the March inflation numbers and the Reserve Bank of India’s credit policy saw the market remaining volatile for the entire session. However, gains in rate-sensitive sectors like banking and auto stocks enabled a...

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Bulls and bears both confused, for now It appeared that 5,200 was a significant pivot for the Nifty around which the index has been going back and forth. It is more than two months since the index has been hovering around this mark. In January, I had said that a sustained monthly close...

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Moneylife Digital Team 14 April 2012
Nifty may reach 5,450 if it manages to be stay above 5,185 Weak global cues, lower-than-expected industrial output growth for February and disappointing guidance by IT bellwether Infosys were seen as the main reasons for the domestic market falling 2% in the week. All eyes will now be on...

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Moneylife Digital team 13 April 2012
However, the Nifty should restrain itself from closing below 5,185 A rout in IT and technology stocks following lower-than-expected fourth quarter results from Infosys and a negative opening of the European indices saw the market plunge in the post-noon session. Yesterday we had...

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Moneylife Digital Team 13 April 2012
The stock of Vikas WSP which is up 291%, since 1 January 2012, is suspicious and needs to be investigated. But possibly it has not even registered in SEBI’s vaunted surveillance system Vikas WSP, a guar gum powder manufacturer, which had been indicted and censured in the past for several...

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Moneylife Digital Team 12 April 2012
Nifty’s resistance is at 5,360 In our yesterday’s closing report we mentioned that the Nifty had resisted a breakdown and may rally. Brushing aside the weak IIP numbers for February, the market went on to hit the day’s high in noon trade. However, lingering European debt concerns saw the...

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Moneylife Digital Team 11 April 2012
Nifty has resisted a breakdown and may rally tomorrow Nervousness ahead of the release of the key economic indicators and the RBI monetary policy kept the market subdued till noon. While gains in Europe perked up the indices in the second half, the news of a massive earthquake off the...

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Moneylife Digital Team 10 April 2012
Nifty has to break through the day’s range for further direction Lack of any triggers kept the market near the previous close for a major part of the session. However, a recovery in the last hour enabled the benchmarks snap their two-day losing streak. After two consecutive days of...

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Moneylife Digital Team 09 April 2012
If the Nifty makes a lower low, we may see the index touching 5,165 and 5,135 Dismal global cues led the market lower for the second day. On one of the lowest volumes of on the National Stock Exchange (NSE) in the past 23 trading sessions (including today), the Nifty made a lower high...

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Moneylife Digital Team 09 April 2012
We had written about Navin Fluorine International Ltd (NFIL) in the Street Beat section of our issue dated 4 November 2010. The stock was then trading at around Rs292.50. Currently, it is trading at Rs346. NFIL was born out of a restructuring exercise in 2003 when the fluorochemicals division...

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Moneylife Digital Team 07 April 2012
Look out for 5,300 on the Nifty for further direction Positive global cues helped the market close the holiday-shortened week in the positive and in the green for the second week in a row. However, the gains were restricted as manufacturing as well as services growth in March showed a...

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Moneylife Digital Team 06 April 2012
Moneylife research shows a probability that Nifty might close positive on 9 April 2012. We witnessed that this week, although truncated, had closed with positive returns. As of Wednesday, Nifty was 0.52% up. How will Monday, 9 April, play out? A lot of investors wonder by the end of week...

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Vidur Pendharkar 06 April 2012
Holding of the recent low of 5,171 points is importance as a decisive close below this will ring alarm bells and the efforts of the last couple of weeks will be in vain. Expect selling pressure from the beginning of the coming week S&P Nifty close: 5322.90   Market Trend

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Moneylife Digital team 04 April 2012
Monday’s move may decide further direction In our yesterday’s closing report, we had suggested that Sensex and Nifty may give up some gains. The market snapped its three-day winning streak and closed lower on the last day of the holiday-shortened week on profit booking and weak global...

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Moneylife Digital Team 03 April 2012
Nifty to move in the range of 5,300 and 5,400 A strong close in the US and strong opening in Asia saw a positive opening in Nifty and Sensex. The indices closed in the green for the third day. On a rising volume of 68.83 crore shares on the National Stock Exchange (NSE), the Nifty...

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Moneylife Digital Team 02 April 2012
Nifty may rally to 5,365 and thereafter to 5,400. Watch previous day’s lows for signs of a reversal The market closed higher for the second day in a row amid highly volatile trade. The Indian market will see a truncated week with the bourses remaining closed on Thursday and Friday for...

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Budget 2012 has ensured that bulls and bears will continue to fight it out without much success Sometime in January, when the Nifty was around 5,000, I had suggested that we are in a baby bull market which would look stronger with a weekly close above 5,050 and then above 5,150. And,...

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Moneylife Digital Team 02 April 2012
With Mahavir Jayanti and Good Friday coming up this week, the trading week will be truncated to three trading days. There’s a close to random chance that Sensex will be mildly positive How has Sensex performance been during a truncated week? A truncated week is when there would be less...

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