STOCKS


Moneylife Digital Team 04 September 2012
The market has settled into a low-range trading   The market, which was in the negative for most part of the trading session, picked up momentum in post-noon trade and settled near the day’s high on select buying. Yesterday we had mentioned that the indices are presently directionless...

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MDT/PTI 04 September 2012
The bourses have to check whether 50% of non-promoter holdings are in demat or electronic form: SEBI   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) on Monday said the stock exchanges may consider shifting securities from 36 companies from restricted trade...

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Moneylife Digital Team 03 September 2012
For the first time in 7 days, the market did not make a lower low. A big move is now needed to decide further direction   The market settled lower amid volatile trade as a slew of economic indicators and possibility of a washout of the Monsoon Session of Parliament weakened...

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The linkages between resources, economic growth and interest rates have broken down   Copper is known as the metal with a PhD in economics. This is because copper is needed in all core economic activity, most visibly in manufacturing and construction, and so, a higher demand for...

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MDT/PTI 03 September 2012
HSBC has garnered an estimated Rs2,800 crore through sale of its shares in Yes Bank, Axis Bank and Federal Bank, while its 4.46% stake in Karnataka Bank is worth about Rs70 crore as per current market valuations New Delhi: Banking major HSBC is looking to offload its entire 4.46% stake...

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Moneylife Digital Team 01 September 2012
Higher high, higher low on the Nifty may change the trend   After closing in the positive for four weeks in a row, the Indian market closed lower on the continuing disruption of Parliament proceedings with the main opposition party, BJP, demanding nothing less than the resignation of...

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Vidur Pendharkar 01 September 2012
Its deuce at this moment as per the weekly time frame and both the bulls as well as bears have to make more efforts to tilt the balance decisively in their favour S&P Nifty close: 5,258.50 Market Trend   Short Term: Sideways                       Medium Term:...

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Moneylife Digital Team 31 August 2012
A higher high and higher low, which has not happened for the last four days, will be the first sign of reversal     The market closed in the red on the back of a slowdown in the country’s first quarter economic growth and continuing paralysis of the Parliament. Receding...

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Moneylife Digital Team 31 August 2012
BNP Paribas’ Market Outlook report says that recent outperformance in the stock market seems to be based on hopes of policy implementation. But such hopes seem to be getting continuously postponed, and 2012 has been a year of “shifting milestones” BNP Paribas Securities India’s Market...

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Moneylife Digital Team 31 August 2012
While consumer stocks are trading at multi-year high valuations, Nomura Equity Research believes that investors continue to favour them due to their defensive nature Consumer stocks continue to outperform with the BSE FMCG index up 5% in August versus the Sensex’s gain of 2%. While these...

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Moneylife Digital Team 31 August 2012
Finally, the oldest stock exchange from Asia, is going to list its own shares, which may allow its stakeholders a good exit price BSE Ltd, formerly known as Bombay Stock Exchange, has decided to list its shares by March 2013. This was announced at the annual general meeting (AGM) of the...

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Moneylife Digital Team 30 August 2012
Fresh cues from the US may decide market direction. Meanwhile, a short rally may be on the cards   The market closed in the positive as buying in realty, healthcare and tech stocks in the last hour enabled the benchmarks pare their losses, snapping their four-day losing streak....

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Moneylife Digital Team 29 August 2012
Sell on rallies is the rule for now   The market settled lower on extensive selling in blue chips and cautiousness ahead of the release of India’s first quarter GDP data. Yesterday we had mentioned that the bourses may see a bounce back. Currently the market is highly oversold. A...

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MDT/PTI 29 August 2012
HSBC sold its entire 4.98% stake in Federal Bank at an average price of Rs401.04 per share, while Warhol and ICICI Prudential MF increased their stake in the Kerala-based lender   Mumbai: Global banking giant HSBC has sold its entire five% stake in Kerala-based private sector lender...

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Moneylife Digital Team 28 August 2012
Three days of continuous fall may be followed by a small gain but the trend is down The market, which witnessed a recovery from the lows in the last hour of trade on buying in select blue chips, still settled in the negative for the third consecutive day. Disruption of Parliament...

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MDT/PTI 28 August 2012
These shares, offloaded through open market transactions between 28th June and 24th August this year, were worth Rs160.15 crore. LIC now holds 9.71% stake in Tata Global Beverages   New Delhi: Life Insurance Corp of India (LIC) has sold shares worth Rs160 crore of Tata Global...

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Moneylife Digital Team 27 August 2012
A lower low may take the Nifty further down to 5,320 The market extended its losses for the second straight day on the political impasse in Delhi and selling in banking, capital goods and technology sectors. On Friday we had mentioned that the upmove on the bourses has stalled. Today the...

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Moneylife Digital Team 27 August 2012
A report released by Morgan Stanley Research (Asia/Pac) states that volatility could increase going forward and also analyses the correlation between Sensex and FII flows Morgan Stanley Research (Morgan Stanley) has released a report titled “India Strategy: Elevated Importance of FII...

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More than three years ago, L&T CMD AM Naik had assured the media that the company has plans to unlock value for its shareholders by spinning off many of its operations into independent companies. However, nothing has really happened since then. Spinoffs would be of great benefit to...

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Moneylife Digital Team 25 August 2012
The Nifty may find its first support at 5,295     The market closed with modest gains in the holiday-shortened week, making it the fourth weekly close in the positive. Global cues and positive corporate news supported the gains. However, the stand-off by the opposition in Parliament...

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