STOCKS


Moneylife Digital Team 23 April 2012
Nifty may be headed for 5,145 and then to 5,080 Weak global cues and fear of the proposed tax implications, which prompted Macquarie to exit from its short positions in the Indian single stock futures, led the market lower. In our Friday’s closing report we had mentioned that the Nifty...

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Moneylife Digital Team 23 April 2012
BSE and NSE, would allow trading till 8pm in gold ETFs (Exchange Traded Funds), which allow buy and sale of the yellow metal in paperless electronic format, on Akshyaya Tritiya day on 24 April 2012 New Delhi: With an aim to cash in on the investor demand for gold on auspicious occasion...

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Moneylife Digital Team 23 April 2012
The Indian markets have witnessed at least three cases in the past few days when the value of a stock or index plunged sharply within a few seconds New Delhi: Market regulator Securities and Exchange Board of India (SEBI) is looking to strengthen the risk management framework of Indian...

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Moneylife Digital Team 21 April 2012
The Nifty has to break the range of 5,230 and 5,340 for further direction The market settled higher this week following the Reserve Bank of India’s (RBI) 50 basis point (bps) cut in key rates earlier this week. The benchmarks, which settled in the positive on four trading days, closed...

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Vidur Pendharkar 21 April 2012
The market is not very exciting at the moment but this sideways narrow range movement might just be the lull before the storm. One should stay alert in the weeks ahead and not be lulled into sleep lest you want to miss a big opportunity S&P Nifty close: 5290.85   Market...

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Moneylife Digital Team 20 April 2012
Nifty has to break the range of 5,230 and 5,340 decisively for further direction. The break may come soon The market, which was flat for the entire morning session, witnessed a sharp plunge in post-noon trade pulled down by institutional pressures. Snapping a four-day gaining streak, the...

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Moneylife Digital Team 19 April 2012
The Nifty has to close above the level of 5,380 for the uptrend to continue further The indices treaded water till noon trade but received a boost in the second half on positive cues from Europe, settling in the green for the fourth day in a row. Yesterday we had mentioned that the Nifty...

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Moneylife Digital Team 19 April 2012
Jubilant FoodWorks Ltd (JFL) is one of India’s largest and fastest growing food service companies, with a network of 439 Domino’s Pizza Stores. The company has strengthened its portfolio by signing up with Dunkin’ Donuts, another large US-based restaurant chain, which has 9,700 restaurants in...

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Moneylife Digital Team 19 April 2012
For years, Britannia Industries (BIL) has been in the biscuits business where it has a very strong brand image and products across various price points. While product categories like breads, cakes and rusks are growing, the biscuits business still accounts for 90% of its sales. This is a...

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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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