STOCKS


Moneylife Digital Team 14 October 2011
If the upmove continues, the Nifty may reach 5,210 Institutional buying in the second half of the session enabled the market to close in the positive, despite headline inflation for September hovering near the double-digit mark for the 10 month in succession. Yesterday, we had mentioned...

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Moneylife Digital Team 13 October 2011
Nifty is ranged between 5,060 and 5,130 In yesterday’s closing report we had mentioned that for the upmove to be sustained, the Nifty will have to keep itself above 5,060 and should try to close above 5,130. Today the benchmark opened above the level of 5,130, made a higher high, higher...

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Moneylife Digital Team 12 October 2011
Nifty will target 5,130 and above. Support is at 5,060 The market closed 2.50% higher on support from IT and technology stocks following better-than-expected second quarter earnings from Infosys. Weak industrial data for August was ignored by investors as the market kept the momentum...

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Moneylife Digital Team 11 October 2011
There is no strength in the upmove. Watch whether the Nifty closes below 4,950 The market snapped its two-day gaining streak as negative cues from Europe in the second half of the day pushed the indices into the negative territory and led to a flat close. After the market opened in the...

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Companies are getting social—with mixed effects A whole army of new-age gurus and social media entrepreneurs have been turning very rich by making companies feel inadequate about not using social media to engage with customers and to build brands. Companies are convinced that if they do not...

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Sahara’s breathtaking investor base The Sahara group, in a battle with the Securities and Exchange Board of India (SEBI), continues to spew startling numbers with aplomb. According to media reports, the group has filed an affidavit which says Sahara India Real Estate Corporation, an unlisted...

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Those who robbed the State carrier are roaming free One of the most brazen sights on television in early September was a smiling Praful Patel, hopping from one television channel to another, trying to pass the buck to the Air India chairman and a group of ministers. Mr Patel’s ‘achievements’...

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Moneylife Digital Team 06 October 2011
India’s largest independent manufacturer of  rear-drive axle assemblies Automotive Axles Ltd (AAL) is a joint venture of Kalyani group and Meritor Inc (USA). AAL’s products include a wide range of rear-drive axles catering to commercial vehicles (CVs) ranging from 6 tonnes to 35 tonnes GCW...

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Moneylife Digital Team 06 October 2011
Strong diversification plans with latest technology Hyderabad-based NCL Industries, earlier known as Nagarjuna Cement Ltd, has been selling cement in Andhra Pradesh for the past 25 years under the brand name ‘Nagarjuna Cement’. NCL has a capacity of 2,000 million tonnes per day (mtpd) and is...

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Moneylife Digital Team 05 October 2011
If today's low holds, we may see a short-term bounce till 4,820, but the trend is down The market closed lower for the fourth day in a row on concerns about a collapse of the banking sector in Europe and a fall in domestic financial stocks following the SBI downgrade yesterday. The Nifty...

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Moneylife Digital Team 30 September 2011
Watch 4,900 on the Nifty below which the market may make any move Pressure on metal stocks after the Cabinet cleared the new Mines Bill, which seeks mining companies to share profit with project-impacted people, and signs of a slowdown dragged the market lower today. Although the Nifty...

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Moneylife Digital Team 29 September 2011
Nifty may go up to the level of 5,100 if today’s lows hold The market, which opened trade in the negative, bounced back at noon and closed near the day's high on select buying in auto and IT stocks after brushing aside global concerns. In yesterday's market closing report we expected to...

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Moneylife Digital Team 28 September 2011
Nifty to move in the range of 5,010 and 4,880 Concerns about a slowdown in domestic corporate earnings for the September quarter due to high costs and rising interest rates and the ongoing global worries led the market lower today. Today the Nifty opened higher and made an intraday high...

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Moneylife Digital Team 27 September 2011
Nifty may move sideways with an upward bias to the level of 5,015 Gains in the global markets after news that European leaders were readying plans to enhance the size of the regional bailout fund helped the domestic benchmarks snap their four-day losing spree and close nearly 3% higher.

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Moneylife Digital Team 27 September 2011
Investments in GDRs have delivered negative 52% average return on investment. Information technology, media and consumer staples companies were the major underperformers. Last year GDRs were a good option due to rising local markets, this year this route seems to have soured for global investors

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Moneylife Digital Team 26 September 2011
If today’s low holds, the Nifty may go up to 5,000 Extending its losses for the fourth consecutive day, the market closed lower on worries of the debt crisis plaguing Europe and its impact on the world economy. The Nifty's intra-day low of 4,759 today went below its second support of...

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Unemployment rates have to drop, only then will aggregate demand go up, which will then boost economies across the globe The crash of falling shares all over the globe has given rise again to fears of more recessions. Most commentators are focusing on European sovereign debt as the crisis de...

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Moneylife Digital Team 23 September 2011
Nifty may see a small bounce-back after hitting 4,800 but more selling likely The events of Wednesday still played on investors' minds resulting in the market closing lower for the third day in a row. The Nifty today closed 56 points down at 4,868, which is very close to the level of 4,800;...

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This group is a strange entity—high profile and shadowy Sahara India Financial Corporation’s (SIFC) front-page ad about its plan to prepay a huge Rs73,000 crore, four years before a Reserve Bank of India (RBI) mandated wind-up, had financial intermediaries sniggering and regulators...

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Moneylife Digital Team 22 September 2011
It is always darkest before the dawn, as the saying goes. But assuming that now is the best time to invest, the question on most investors’ minds is: Invest in what? Even in a bear market, some stocks do well. Moneylife Research Desk has identified six such stocks Business TV channels...

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