STOCKS


Whether it is cotton or copper, oil or food, politicians are in the habit of blaming the spiraling prices on speculators. But the reality is that loose monetary policies create an environment that encourages cheap loans which speculators are happy to put to use, raising the prices of commodities...

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SEBI is policing others, what about itself ? The Securities and Exchange Board of India’s (SEBI’s) move to prevent market intermediaries and their employees from using the Internet/blogs/chat forums and email (official and personal) to circulate rumours or promote shady scrips is laudable....

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Moneylife Digital Team 21 April 2011
As suggested yesterday, Nifty stalled at 5,900. Nifty to be bound between 5.700 and 6,000 The market opened in positive terrain yet again today, on expectations of good fourth quarter results, despite pricing and global pressures. Global cues also supported the gains. The Sensex opened...

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Moneylife Digital Team 21 April 2011
Strong growth in the domestic formulations business, more than half of its turnover from exports and good cash flows, make IPCA a good buy Ipca Laboratories was originally promoted by a group of medical professionals and businessmen and was incorporated as ‘The Indian Pharmaceutical Combine...

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Moneylife Digital Team 21 April 2011
The company, which is better known for products sold under the brand name ‘Electral’, is available at a low price relative to high returns on capital Formerly known as FairDeal Corporation, FDC is into pharmaceuticals, foods and bulk drugs. The therapeutic segment consists of products such...

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The insurance regulator needs to study the tricks connected with Mr Buffett’s visit Investment guru Warren Buffett, by all accounts, made a successful trip to India, but now that he has left, it’s time for the regulator to stop being overawed and analyse the gimmicks connected with his...

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Relationship between business and politics lacks transparency Rajeev Chandrasekhar, businessman and member of Parliament said recently that the relationship between business and politics (or government) in India, suffers from “haziness, lack of transparency and general shadiness.” He said...

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Moneylife Digital Team 21 April 2011
Agro-chemicals are vital for boosting crop yields, And Sabero is well-poised to reap a rich harvest Sabero Organics Gujarat has a presence in all the three sectors of crop chemicals—herbicides, fungicides and insecticides. The company is the largest manufacturer of two of its key...

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Moneylife Digital Team 20 April 2011
The market took support around the level suggested yesterday (5,770 on the Nifty) and rebounded on higher volumes. Expect a couple of days of rally Pinning its hopes on the government's forecast of a normal monsoon this year and taking a cue from early gains in the Asian markets, the...

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Moneylife Digital Team 20 April 2011
The "statistics" are not even of any significance. Based on one day’s data, the BSE yesterday claimed to be the No. 1 exchange! Today it is back to reality The Bombay Stock Exchange's (BSE) turnover in the cash segment yesterday suddenly hit a record-breaking high of around Rs12,832 crore,...

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From rabid football fans to crazed nationalists, or religious fanatics, sometimes the need to be part of the group can strip us of our reason and force us to make some very irrational decisions. This is especially true of investors English has a number of expressions for following crowds....

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Moneylife Digital Team 15 April 2011
Watch whether today's lows are breached on Monday Nervousness ahead of Infosys' quarterly results and inflation numbers for March led to a lower opening for the Indian market, which resumed trade after a day's break yesterday. The Sensex was 27 points down to 19,670 and the Nifty shaved...

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Moneylife Digital Team 11 April 2011
The Sensex may go down to 18,700 and the Nifty to 5,600. Also, watch if the indices trade above their previous day's high for a reversal The market opened in the red, tracking a downward trend in the Asian markets and speculation that the country's industrial output data, which was to be...

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Regulators and regulations are usually hijacked by influential industries and individuals they are meant to regulate and with damaging consequences. Now, that appears to be changing slowly The paradox of the law is that it can be used to either extend or limit power. Like laws, regulations...

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SAT orders have exposed SEBI’s caprice Several orders of the Securities Appellate Tribunal (SAT) have begun to expose the capriciousness of the Securities and Exchange Board of India’s (SEBI) dealings with intermediaries and investors. A glaring example was a recent appeal by accounting...

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Moneylife Digital Team 07 April 2011
The Sensex has to break out above 19,800 and the Nifty above 5,950. If this doesn't happen over the next few days, a decline is on the cards The market opened flat, tracking the mixed bias in the Asian region. The Sensex opened at 19,621, nine points up from its previous close, while...

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Moneylife Digital Team 07 April 2011
As Moneylife has been pointing out, chasing Initial Public Offerings (IPOs) after they are listed is usually a losing proposition for investors Initial public offerings (IPOs) seem profitable only...

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N Madhavan 07 April 2011
A shareholder’s bitter experience with Hindusthan Development Corporation Ltd In December 2005, Vishwanath Poddar, a Kolkata-based investor, filed an application under the RTI (Right to Information) Act seeking a copy of the legal opinion, if obtained, and the decision taken on his request to...

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Demat may be a boon for traders, but for small investors it’s expensive Paperless trading and dematerialised trading are undoubtedly a boon for secondary market traders, because it ensures clean and efficient transfer and delivery of shares. However, in the 15 years since the National...

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Moneylife Digital Team 07 April 2011
With a strong presence in engines, Greaves has bucked the downtrend in the capital goods sector We had written about Greaves Cotton (GCL) in Moneylife (issue dated 14 January 2010). At that point, we had recommended buying the stock at around Rs46. Currently, the stock is trading at around...

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