Data News - Page 6
Let Nifty prove itself, but it's time to punt on cement stocks
The Nifty's bounce is interesting, but to confirm a rally, it will have to move beyond 5,450; but several cement stocks are ripe for a fling
Nifty enters a bullish zone, and a bounce is expected
The US and European markets may impact Indian equities, but the Nifty has entered a bullish zone which will be the most important reason for the bounce.
Nifty bulls shuffle their feet; rally has no real strength
If the Nifty falls below 5,330, it would be an early sign that a short-term downtrend is underway. It could then slide to the major support at 5,195.
Go easy on Bank Index; but HDFC Bank could be a good punt
The Nifty moved past a small resistance, but the follow-through was not strong. This means one should focus on strong stocks rather than the indices
Bears still not flushed out of Bank Index, so watch out
Neither the Nifty nor the CNX Bank Index are in bull territory. In stocks, Jaiprakash is bearish, while Dishman Pharma has a positive outlook
An ounce of bounce: Nifty seems poised to test 5,300 again
The Nifty is regaining some of its bounce, but the dollar and gold have a mixed outlook. A lot depends on what the moneymen in the US and eurozone do
Chart: If 2-wheelers sales fall, can HUL be far behind?
A recent Goldman Sachs report has pointed out that slowdown in sales of scooters and motorcycles portends negatives for Hindustan Unilever Ltd (HUL), apparently with a quarter's lag.
S&P Nifty steadies with recovery, Bank Index lowers
The S&P CNX Nifty was in line with expectations, the index ruled weak and also tested the support zone of 5,100-5,120 mentioned last week.
Chart: Mutual funds offload stake in IDBI, Titan, Coal India
At a time when foreign investors are bullish on India and have increased their stakes in many companies so far, domestic funds have been net sellers.
Nifty, Bank Index are in bear mode; bank stocks divergent
The risks are now all on the downside for NIfty and the Bank Index. Traders should thus be more focused on specific stocks.
Chart: FIIs increase stake in 32 cos in June quarter
Among Sensex companies, only HDFC, HDFC Bank and Tata Consultancy Services have seen a rise in FII interest.
Nifty will be nervous in results season; not time for big bets
One should expect volatility over the next months as Q1 results are dished out daily. Nifty, the Bank Index and even the rupee will be skittish
Nifty is in will-it-won't-it zone; but many stocks are a buy
The Nifty is still digesting its last big upmove. It has to clear its next resistance for a further rally. But stocks like IDFC, Dr Reddy's, Titan and Voltas are worth a second look
ECB easing leaves markets cold; but India on a different trip
Despite the European monetary easing, the markets did not rise - but India held firm. Does this mean the markets finally know that easing won't work?
Chart: India tops MSCI indices in 2012, will the party last?
Indian equities have risen 13.1 percent followed by the US (8.3 percent) and Poland (6 percent). Brazil, with a fall of 9.5 percent, was the worst performer.
Aviation losses increase in 2012; profitability key to survival
According to data compiled by Firstpost, combined losses of the three listed companies increased to Rs 4,170 crore in 2011-12 from Rs 917 crore the previous year.
Short-term bull view: Nifty on course to hit 5,350
A look at chart patterns in the index heavyweights supports the bullish view. The Nifty and the Bank Index appear to be on a uptrend.
Chart: Brent below $96, lowest since Jan 2011
Oil hit multi-month lows this week on concerns that Spain's soaring bond yields could eventually lead to an international bailout for Madrid, but investors hope any further monetary easing by the US will boost liquidity and support prices.
Govt acts tough with rich PSU, asks to invest more
Many PSUs have been asked to invest their spare cash or park a portion those funds with the government.
Nifty bias is still upwards; but volatility will be a risk too
A news-heavy week lies ahead. But the positive outlook would be under threat only if the Nifty falls below the support level of 4,940.
Stake sale buzz: JP Associates looking to ease debt burden
The Aditya Birla Group (Ultratech) and France's Lafarge are in talks to buy out JP Associates' cement plants in Gujarat and Andhra Pradesh.
Why Infosys needs to reward its shareholders
There are approximately 14 companies that are sitting on cash excess of more than Rs 2,000 crore, of which five companies are government owned.
LIC still wants a bigger slice of the pie
The PSU wants higher equity headroom to cash in on trading opportunities and book profits.
Nifty will target 5,250; Rupee may continue its rally
The Nifty needs to break past the 5,250-5,300 range to trigger a longer rally.
Luxury homes not the answer, DLF's outlook still grim
The company is expected to face serious construction delays which, in turn, will have a drastic impact on its ability to reduce its huge debt.
Nifty still on way down; US$ weak in short-term
As long as the Nifty trades below 5,020, there is no reason to even entertain thoughts of going long. <br /><br />
After spectacular results, is it time to upgrade SBI?
Investors might face some sleepless nights deciding what to do next, but Chaudhury, at least for now, certainly seems more confident about the future.
Don't give up on Tata Motors, Evoque is sure to drive volumes
Though a drop in sales this month was expected, Tata has maintained its guidance for 1,00,000-1,10,000 Evoque volumes for 2013 .
Penny Pop: These stocks zoomed more than 30% in 10 days
Penny stocks (stocks trading at below Rs 10 per share) are always alluring to investors as they offer an easy way to make money in what is usually a short time. Below's a list of penny stocks that generated more than 30 percent since 20 April.
Nifty, Bank Index will continue to be bearish for now
The Nifty has to move past the critical resistance at 5,500 to indicate a resumption of the uptrend.