STOCKS


Moneylife Digital Team 24 March 2011
The key strength of the company is mint-derivatives—it is one of the largest exporters of these products Chandigarh-based Surya Pharmaceutical manufactures and markets active pharmaceutical ingredients (APIs) or bulk drugs, drug formulations and bulk intermediates. It has six manufacturing...

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Moneylife Digital Team 24 March 2011
Market dominance, high return and low valuation make for an attractive buy SRF is the dominant manufacturer of tyre cord fabrics used in tyres of every means of transport—from bicycles to heavy vehicles. The company’s textiles division also manufactures belting fabrics and coated fabrics....

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Moneylife Digital Team 23 March 2011
After two days of decline the market rallied but it is still in no man's land The market opened flat with a negative bias, following a weakening trend in Asian markets, on concerns over the effect of high crude prices on the economy. The Sensex opened 16 points lower at 17,972 and the...

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Moneylife Digital Team 21 March 2011
The company’s board of directors approved a scheme to demerge its oil business into a separate entity called Nagarjuna Oil Refinery. However, this has made minority shareholders of the company unhappy due to the proposed share swap formula, which they feel is in favour of the promoters....

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Moneylife Digital Team 21 March 2011
A couple of days of strength may be misleading The domestic market opened in positive territory on support from its Asian peers, which were in the green in morning trade. The Sensex opened 106 points higher at 17,985 and the Nifty was up 35 points at 5,409, this morning. The indices...

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Moneylife Digital Team 18 March 2011
The recent supports have been broken and the market has closed near the day’s low, which may lead to a further fall The recent supports have been broken and the market has closed near the day's low, which may lead to a further fall The market opened in the green this morning...

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Moneylife Digital Team 18 March 2011
The decision of the G7 leaders to intervene in the currency markets to curb the yen’s rise supported markets worldwide The local market is likely to open in the green as Japan stepped up efforts to restore power at a damaged nuclear power plant. The development boosted markets in Asia,...

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Moneylife Digital Team 17 March 2011
The situation of one day up and the next day down is continuing. A big move (either up or down) is on its way The market opened lower, tracking the Asian markets that were trading in the red on concerns over developments in Japan and West Asia, and their impact on the global recovery....

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Moneylife Digital Team 16 March 2011
The Sensex and Nifty are on a steady uptrend. Would they surprise us on the upside? The recovery in the Asian stock markets boosted investor sentiments in India, leading to a higher opening today. A surge in the advance tax payments for the fourth quarter also aided the gains. Oil & gas...

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Moneylife Digital Team 16 March 2011
Asian markets have recovered from the sharp decline seen in the last three trading days on account of the earthquake in Japan on Friday The Indian share markets are likely to open on a flat-to-positive note following a recovery in their Asian peers, which were trading mostly in the green...

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Moneylife Digital Team 15 March 2011
While global markets are crashing, the Sensex and Nifty fell much less today. Will the next big move be higher? The market opened with a deep cut tracking the weak Asian markets on concerns about the damage in Japan and its impact on economic growth in the region. The indices dipped to...

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Moneylife Digital Team 15 March 2011
Concerns about the pace of the economic growth following the quake in Japan rattled investors worldwide The local market is likely to witness a sharply lower opening on the back of a massive decline all across Asia on Tuesday morning. US markets closed in the red overnight on concerns...

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Moneylife Digital Team 14 March 2011
Despite the rally today, it is not clear which way the market will move The Indian market opened flat, tracking the weak Asian markets in the aftermath of the huge earthquake that struck the north-eastern region of Japan on Friday. Concerns over the Reserve Bank of India's (RBI) move on...

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Chinese small- to medium-size private companies that contribute nearly two-third of the GDP, are being starved of capital, which is monopolised by large state-run enterprises. If these businesses close down, can the Chinese economy remain unaffected? According to the Anglo-American...

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Moneylife Digital Team 11 March 2011
While the market is on a declining trend, there is no clarity about which way it is headed The market opened in the red, tracking weak global cues on escalating tensions in West Asia. Half-hearted attempts to lift the indices into the green a couple of times were shot down by sellers. An...

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A new tech-based system has been announced. What happened to the old ones? A flurry of pro-investor announcements by the Securities and Exchange Board of India (SEBI) in the last few days of chairman CB Bhave’s tenure are most welcome, even if they raise a few questions. One of the measures...

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Western markets have been rising relentlessly since September. Whereas in India the markets are down from their November high and the mood is pessimistic. But both may get singed by a common factor In our ‘Current Account’ section, we have highlighted something that is quite extraordinary....

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Moneylife Digital Team 10 March 2011
Persistent weakness in all sectors indicates the possibility of a further downtrend Implications of the effects of spiralling crude prices on interest rates resulted in profit booking, pulling the markets down this morning. Concerns over the escalating violence in Libya and weak economic...

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Moneylife Digital Team 10 March 2011
Tyre consumption is rising, thanks to the booming auto sector and, with it, the demand for carbon black is also going up, in which PCB is the market leader The steady momentum in automobile sales and its direct correlation with the tyre industry, in terms of higher demand, is expected to keep...

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Moneylife Digital Team 10 March 2011
Is the younger Ambani protesting too much? A denial-a-day by the Anil Ambani group is doing more damage to its share price than any bear cartel can. The younger Ambani sibling may rush to the regulator with a complaint, but nobody is really buying his charges. Consider this. On 16th...

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