STOCKS


Moneylife Digital Team 30 January 2012
Nifty may move in the range of 4,935 and 5,125 Weak global cues and poor quarterly results from domestic companies resulted in the market snapping its three-day winning streak. The Sensex and the Nifty saw their steepest one-day fall of 2.15% and 2.26% since 16 December 2011 and 8...

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Moneylife Digital Team 28 January 2012
Next resistance for the Nifty at 5,250 The market settled on a positive note, making it the fourth weekly close in the green. Indications of the government shifting its focus towards growth induced institutional investors to pump in funds into local stocks, leading to gains. Besides,...

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Moneylife Digital Team 27 January 2012
Nifty may move in the range of 5,090 and 5,250 Institutional buying in blue-chips and support from the Asian region saw the market closing with gains for the third consecutive day. The rally was supported by a high volume of 83.56 crore shares on the National Stock Exchange (NSE). At the...

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Moneylife Digital Team 27 January 2012
Growth from outsourcing finally taking off Repro India is an end-to-end print solutions provider for domestic and international customers supplying to all large publishing houses such as Pearson, Oxford University Press and Macmillan. Its long-standing relationship with Macmillan worldwide...

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Moneylife Digital Team 27 January 2012
Strong growth and high return on capital We have written about Kennametal India (KI) in the Moneylife issue of 7 April 2006 in our Cover Story on “Budding Stocks” when its price was around Rs400. It is around Rs666 now. KI is a subsidiary of Kennametal Inc (US), a leading supplier of...

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Moneylife Digital Team 27 January 2012
Continued growth; low value stock Munjal Showa, a joint venture between the New Delhi-based Hero group and Japan-based Showa Corporation, manufactures shock-absorbers for two-wheelers and four-wheelers in different variants—front forks, rear cushions, struts and gas spring/rear door lifters,...

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Moneylife Digital Team 25 January 2012
Nifty to move in the range of 5,120 and 5,180 Optimism after the RBI’s CRR cut and a positive trend in the Asian region helped the local market trade in the positive for the entire session. However, the indices gave up some gains in late trade as key European markets edged lower after...

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Moneylife Digital Team 24 January 2012
Nifty to move in the range of 5,000 to 5,150 The RBI’s move to boost liquidity through the 50 basis point cut in CRR helped the benchmarks close with gains of around 1.50% today. The central bank’s move helped the Nifty close above the resistance of 5,100 we had mentioned in our Monday’s...

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Moneylife Digital Team 23 January 2012
Nifty may move in the range of 4,980 and 5,100 Lack of any cues from Asia and nervousness ahead of the RBI’s monetary policy resulted in the market closing flat with a mixed bias. Although the Nifty couldn’t maintain the trend of the past four trading days of making a higher high, it...

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If something has changed fundamentally, we will know later Suddenly, the skies seem bluer. The New Year has brought about a major change in the sentiment for stocks all over the world (because the world is more financially coupled than decoupled). From a low of 4,588 hit on 2nd January,...

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Moneylife Digital Team 21 January 2012
Nifty may move in the range of 4,950 and 5,085 Positive earnings reports from domestic corporates, lower inflation numbers and supportive cues from the global arena helped the market close higher for the third week in a row. While the benchmarks closed 4% higher in the week, all eyes...

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Vidur Pendharkar 21 January 2012
Investors are advised to be cautious for creating fresh longs and on the contrary advice to book profits in any rise from here on as the market is expected to become volatile and a decline is likely early into the new F&O settlement S&P Nifty close: 5048.60       Market...

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Moneylife Digital Team 20 January 2012
Nifty to move in the range of 4,950 and 5,085 Positive earnings reports helped the market settle higher for the third consecutive week. We had mentioned in our yesterday’s closing report that we may see the Nifty reaching the level of 5,050. We saw the index breaching this level in the...

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Moneylife Digital Team 19 January 2012
Over the short-term the Nifty may move in the range of 5,050 and 4,920 A good set of earnings reports and supportive global cues helped the market close higher today. If the index maintains itself above today’s high, we may see it reaching the level of 5,050. However, if the benchmark...

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Moneylife Digital Team 18 January 2012
Nifty may move in the range of 4,900 and 4,990 Domestic concerns, highlighted by the finance minister, and the World Bank’s cut in global growth forecast induced a high degree of volatility and saw the market snapping its four-day winning streak today. As we mentioned yesterday, the...

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Moneylife Digital Team 16 January 2012
Nifty may move sideways between 4,845 and 4,930 The market, which opened lower following the nine-nation sovereign downgrade by S&P over the weekend, settled in the green on late buying amid a great deal of volatility. The Nifty is presently in an indecisive zone. However, a major event...

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Moneylife Digital Team 13 January 2012
Nifty to trade between 4,830 and 4,915 Optimism in the global arena following successful bond auctions in Spain and Italy eased some concerns in Europe and helped most Asian markets see gains. The Indian market also cheered the outcome, but pared some of its gains in late trade. Since...

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Moneylife Digital Team 12 January 2012
Nifty may now move in the range of 4,830 and 4,910 Subdued revenue forecast from Infosys and lower-than-expected numbers from HDFC dragged the market lower, brushing aside positive economic indicators.  As mentioned yesterday, the Nifty gave back some of the gains today. The index...

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Moneylife Digital Team 12 January 2012
Munjal Auto is bucking the trend We had written about Munjal Auto Industries Ltd, controlled by Munjals of the Hero group, in our Cover Story (issues dated 13 September 2007 and 7 April 2006) and had recommended a buy/accumulate for long-term gains. The share is now trading at around Rs178...

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Moneylife Digital Team 12 January 2012
Robust growth, reasonably priced Pune-based Foseco India has a portfolio of over 400 complex products, including resins, coatings, feeding systems, ferrous and non-ferrous metal treatment products and additives. Integrated steel plants and foundries are among the company’s clients. The...

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