STOCKS


The Sensex today is the same as it was in September 2007. This is frustrating but a common occurrence. Unless something dramatic happens, the equity market can move sideways for years. Debashis Basu & Aditya Govindaraj analyse how to invest in these situations Exactly a year ago, when we...

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Moneylife Digital Team 14 June 2012
Divi’s Laboratories shot up 14%, while GSK Consumer fell 5% while Piramal Healthcare dropped 4%   Gainers:  Divi’s Laboratories, which does the Contract Research and Manufacturing Services (CRAMS) has posted a net profit of Rs214.78 crore for the quarter ended 31 March 2012...

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Moneylife Digital Team 14 June 2012
We have introduced two new stocks in our Stock Review portfolio—Hyderabad Industries Ltd and Gujarat Reclaim and Rubber Products Ltd. These stocks are discussed in detail in our Street Beat section (pages 36 and 37). Among the recommended stocks, we have exited from two stocks so far, namely,...

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Moneylife Digital Team 14 June 2012
Our regular readers know that we are not great fans of well-known companies as an investment proposition, except in one situation (a severe market crash). We tend to focus on stocks that are earning decent returns and are low-priced—a combo that is rare among the big names. But we realise...

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Moneylife Digital Team 14 June 2012
A host of results declared were last fortnight. This, combined with several events that affected the price trends of stocks, has changed our list. Here is a short list of ins and outs: In: Yuken Indis, Asahi Songwon, Welspun Syntex, Samkrg Pistons, Shree Ganesh Jewellery, Deccan...

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Moneylife Digital Team 14 June 2012
  Foseco gained 6%, Kansai Nerolac Paints rose 2%, while Amara Raja Batteries and Atul Auto fell 4% each   Gainers: Ajanta Pharma Ltd, a specialty pharmaceuticals company, has recommended a dividend of Rs7.50 per share and approved sub-division of the equity shares of Rs10 into...

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Should you follow the rising prices or poor economic data? For those who want to make an informed guess about the future market direction (like we do), there is a perennial dilemma: Is the market price right or is the economic data right? And, within that, which data to go by, if there...

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Moneylife Digital Team 14 June 2012
Nifty has to hold above the previous day’s low for further gains to accrue. It seems to be stalling at around 5,120  The market, which was choppy throughout the session, closed flat on pressures from the auto sector and nervousness ahead of the release of inflation data for May....

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A review of how the portfolio has performed by Jason Monteiro and the new suggested portfolio   Last  year (Moneylife, 17 November 2011), we did a study of the top holdings of the best performing mutual fund schemes; we selected 10 stocks from among those, based on their fundamentals,...

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Moneylife Digital Team 13 June 2012
A decisive break of the low of any previous day will signal a possible reversal   Hopes of a cut in key interest rates by the Reserve Bank of India (RBI) following dismal industrial output numbers for April pushed the market higher. The six days of positive move on the Nifty, which...

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Moneylife Digital Team 12 June 2012
More than a day’s correction may be needed to get back to a positive trend   The market, which was in the positive till noon trade, was hurtled into the red following remarks by S&P that India would be the first among BRIC nations to lose its investment grade rating. We had mentioned in...

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Stocks were rallying until the market was hit by an S&P warning report. Fact is, the S&P report was available since 8th June. It was used as an excuse by market players to book profits, thus ending the longest run of the markets since January   Indian stock markets, which were rallying...

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Vidur Pendharkar 11 June 2012
Those who bought last week should book profits on the very first day of the week as there is a possibility that we might see a dip (till mid-week) S&P Nifty close: 5068 Market Trend   Short Term: Up                      Medium Term: Down                                   ...

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Nifty may find its resistance at around 5,100   The market which was trending lower till the post-noon session, witnessed a splendid rebound in subsequent trade to settle in the positive, making the fifth consecutive close in the green. Yesterday we had mentioned that the Nifty has to...

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And how long will the gains last under the influence of these four short-term factors? From a level of 15,749 the Sensex has rallied to 16,681 over the last few four days. Just last week, the markets were in a crash mode. Has anything changed suddenly in fundamental terms? If yes, what...

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Nifty’s next resistance is at 5,100   The market closed in the positive on easing of the debt problems in Europe. An appreciation in the rupee also supported the upmove. Yesterday we had mentioned that if the Nifty manages to close above 5,020, we may see the index reaching the level of...

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A strong move may have started. But wait for intraday corrections to buy. If the Nifty closes above 5,020 tomorrow we may see the index reaching 5,200   Hopes of a rate cut by the Reserve Bank of India (RBI) in its policy meeting later this month and strong global cues helped the market...

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Moneylife Digital Team 05 June 2012
Watch if the market closes above today’s high for a short rally While the market pared its gains in the second half of trade on a weak rupee, a minor bounce-back in the last hour ensured a positive close. Yesterday we had mentioned that if the Nifty manages to hold itself above the day's...

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Nifty may continue to be in positive if the day’s low hold   A slew of positive domestic news helped the market stage a smart recovery and snap its three-day decline. In the first hour of trade, the Nifty touched the low of 4,770, near the lows last seen on 10 January 2012. The index...

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Moneylife Digital Team 02 June 2012
Nifty may find minor support at 4,800 and then at 4,700   Global concern as well as dismal domestic economic indicators, which were released in the week, pulled the market down. The weak rupee was also seen as a deterrent. Marketmen may now look at RBI’s quarterly policy review, slated...

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