STOCKS


Moneylife Digital Team 07 August 2012
The investment bank feels that India is on the verge of a massive bull market, the fuel to which will come from RBI cutting interest rates and a pick up in investments by corporate India The Indian research arm of Morgan Stanley (MS) is expecting the bull market to pick up in the...

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Moneylife Digital Team 06 August 2012
Positive global cues boost the indices   The market closed higher on firm global cues and sustained buying in blue chips. The benchmark may see range-bound movement before a correction sets in. The National Stock Exchange (NSE) saw a lower volume of 50.16 crore shares. Bulls don’t...

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MDT/PTI 06 August 2012
The Indian bourses have asked members to ensure compliance with the FATF statement about Iran’s persisting failure to address the risk of terrorist financing and money laundering   New Delhi: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have asked market...

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The market will move in a narrow band, until something significant happens Afortnight ago, I had suggested that a 5% decline in Nifty was expected but we got just about 3% decline from the late July high of 5,348 (mistakenly mentioned as 5,333) and that we are headed back towards 5,300....

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MDT/PTI 06 August 2012
Various Mauritius-based entities have sold shares worth close to Rs3,000 crore, while the total stock purchase made by them since 1 April 2012 amounts to just about Rs600 crore -- translating into a net outflow of over Rs 2,200 crore   New Delhi: Mauritius-based entities seem to have...

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Moneylife Digital Team 04 August 2012
The Nifty has to break the range of 5,191 to 5,244 to set a direction The market closed higher in the week as investors had a strong belief that central banks in the US and Europe would announce new measures to boost their sagging economies. But disappointment both from the US...

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Vidur Pendharkar 04 August 2012
It would be prudent to exit long positions in any further rise and those with a penchant for high risk can initiate shorts close to the resistance levels with appropriate stop loss in place S&P Nifty close: 5,215.70 Market Trend Short Term:...

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Moneylife Digital Team 03 August 2012
Nifty has to close decisively below today’s close for a short downturn to start Disappointment after inaction by the ECB on Thursday and concerns about the deficient monsoon led the market lower. Yesterday we had mentioned that the Nifty is now seen moving in a range of 5,190 and...

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Moneylife Digital Team 02 August 2012
Range of 5,190 and 5,245 on the Nifty has to be broken to set further direction   Disappointment from the US Fed and the absence of any domestic triggers resulted in the market snapping its four-day winning streak and close marginally in the red today. On a low volume of 44.70...

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Moneylife Digital Team 01 August 2012
  If today’s low on the Nifty holds we may see the gains continuing, but a correction is due   The market, which was choppy during the entire session on concerns about the slowdown in growth as was highlighted by the economic indicators that were announced today, managed a flat...

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MDT/PTI 01 August 2012
During July, FIIs bought shares worth Rs49,557 crore while selling shares of Rs39,285 crore, translating into a net inflow of Rs10,273 crore, according to the data from SEBI   New Delhi: Overseas investors poured more than Rs10,000 crore into the Indian equity markets in July -- the...

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Moneylife Digital Team 31 July 2012
Market awaits fresh domestic cues   Recouping from the day’s lows following no change in interest rates by the RBI in its quarterly policy review, the indices marched ahead in the post-noon trade to close in the positive for the third day in a row. Nifty touched a high of 5,235 almost...

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Moneylife Digital Team 30 July 2012
If the Nifty manages to close above 5,258, we may see the upmove sustaining   The market notched handsome all-round gains, mainly supported by a global rally. The gains, for the second day in a row, came a day ahead of the RBI’s quarterly policy review. On Friday we had mentioned that the...

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Moneylife Digital Team 28 July 2012
Volatile sideways move unless Friday’s low holds   The market settled lower in the week as investors were disappointed with the government’s lack of initiative to bolster policy reforms to spur growth. Concerns about the deficient monsoon rains and negative cues from across the globe...

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Vidur Pendharkar 28 July 2012
Volatile move ahead unless the support of 4,967or resistance of 5,230 is broken for the direction to reverse   S&P Nifty close: 5,099.85 Market Trend   Short Term: Down     Medium Term: Down     Long Term: Down   After a gap down open the Nifty collapsed, as...

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Moneylife Digital Team 27 July 2012
Due to surveillance concerns, BSE and NSE in consultation with SEBI decided to reduce the price bands of Glodyne, Radico, Pipavav, Parsvnath, Tulip and Era Infra to 5% from 20% earlier The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have decided to reduce the price...

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MDT/PTI 27 July 2012
Market cap of TCS increased to Rs2.39 lakh crore, pushing ONGC to second spot with a market cap of Rs2.37 lakh crore. RIL is at third position with a market cap of Rs2.36 lakh crore, while Coal India and ITC are at fourth and fifth place with market cap of Rs2.23 lakh crore and Rs1.99 lakh...

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Moneylife Digital Team 27 July 2012
The market has entered a period of sideways volatility again   Pressure on PSU lenders saw the market trim its gains in the second half of trade, but it managed to break its two-day losing streak and end in the positive. We had mentioned in our yesterday’s report that if the Nifty...

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MCX-SX should take innovative steps that will help in doubling the present market turnover which will not only benefit the investors but create a new benchmark for other stock exchanges to emulate   The MCX Stock Exchange (MCX-SX) having got the Securities and Exchange Board of India’s...

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Moneylife Digital Team 26 July 2012
The Nifty may be headed further down if today’s lows are broken and may find support at 4,990   The market, stung by SEBI’s norms on F&O scrips, settled lower on a sharp sell-off in late trade. We had mentioned in yesterday’s closing report that a close below the day’s low would...

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