Market Edge

3 things that drive mkts: liquidity, liquidity, liquidity  

24 May 2013, 4.17 pm  |  Source: Moneycontrol.com

Don’t be fooled. Explanations are what we get when something happens unexpectedly. They are seldom fully valid....

JSW Steel keen on Category C iron ore mines: Jindal  

24 May 2013, 10.48 am  |  Source: Moneycontrol.com

We are very confident that getting to 85 percent (production capacity) will not be difficult given the situation that at least 20-21 million tonnes of...

Tata Steel up 3%; top pick among global steel cos: Morgan  

24 May 2013, 9.49 am  |  Source: Moneycontrol.com

The Indian steel industry should see stronger volume growth than any other country over the next five years, at around 8% a year, Morgan Stanley cites...

Colgate drifts down; Citi maintains sell on rich valuation  

21 May 2013, 11.41 am  |  Source: Moneycontrol.com

While P&G's impending entry is a cause for concern, Citi feels it would be wrong to assume that Colgate would straight away lose market share. What C...

Pharma losing health: 4 reasons that led to weakness  

20 May 2013, 7.00 pm  |  Source: Moneycontrol.com

At first glance, it appeared the new Drug Pricing Control Order was to blame. But there were other factors as well. Here are the reasons…...

Midcaps hog limelight: 5 stocks you can focus on  

16 May 2013, 6.05 pm  |  Source: Moneycontrol.com

Big mover of the day Apollo Hospitals (up 8.5 percent) rallied after it got included in the MSCI index. Adani Ports (up 6.3 percent) and Polaris (up 6...

Wockhardt, 3 other shares up on MSCI India index inclusion  

16 May 2013, 2.59 pm  |  Source: Moneycontrol.com

Investors are betting that the inclusion of these stocks in the MSCI Index would attract interest from global fund managers who track the index. ...

BSE Sensex at 28-mnth high: 4 things 'not to do' right now  

15 May 2013, 6.35 pm  |  Source: Moneycontrol.com

Benchmark indices surged over 2.5 percent to a 28-month high. The Nifty added a solid 151 points to close at 6,146 and the Sensex rallied 490 points, ...

Kotak Sec, Edelweiss keep 'buy' on TV18 post Q4 earnings  

15 May 2013, 11.40 am  |  Source: Moneycontrol.com

TV18 remains one of the few comprehensive broadcasting plays on Digital Access System rollout, says Kotak Securities....

Analysts upbeat on Tata Steel despite $1.6bn write down  

14 May 2013, 9.28 am  |  Source: Moneycontrol.com

The write down is a non-cash charge and hence does not impact operating earnings or cash flows. Only stated net worth and debt equity ratios get impa...

Sensex drops 430 pts: 4 reasons that led to huge landslide  

13 May 2013, 6.29 pm  |  Source: Moneycontrol.com

FMCG, metal and capital goods shares were the worst performers. ITC topped the list of frontline losers, shedding over 5 percent. Sterlite, GAIL, BHEL...

Pledged shares value in Q4 steady; 10 pointers: Edelweiss  

09 May 2013, 9.22 am  |  Source: Moneycontrol.com

Between Q3FY13 and Q4FY13, incremental promoter pledge was in Crompton Greaves (61.58 percent versus 47.86 percent), Shree Renuka Sugar (38.88 percent...

See room for only one more rate cut by RBI: JPMorgan  

08 May 2013, 11.40 am  |  Source: Moneycontrol.com

Contrary to the widely-held view in the market, the RBI is unlikely to cut interest rates more than once in the foreseeable future, says brokerage hou...

FMCG valuations stretched; bullish on ITC, 2 others: IIFL  

08 May 2013, 10.42 am  |  Source: Moneycontrol.com

IIFL feels FMCG companies will be able to expand their gross margins going forward, but the stocks appear fairly valued at current levels. ...

Sensex at 20,000; but it may not be a bull market yet: Citi  

08 May 2013, 10.19 am  |  Source: Moneycontrol.com

According to Citi, participation by domestic investors holds the key to a sustained uptrend. This is borne out by the fact that equity benchmarks decl...

Indian equities high on FII boost, but will 6000 hold?   

07 May 2013, 4.13 pm  |  Source: CNBC-TV18

The S&P BSE Sensex surged over 200 points intraday on expectations of further rate cuts and pick-up in economic activity. FMCG, banks, realty and auto...

Why Cobrapost expose was a non-event for bank stocks  

06 May 2013, 3.58 pm  |  Source: Moneycontrol.com

The shrill Cobrapost bite, this time mostly on large state-owned banks and insurance companies, failed to upset the market confidence on banking share...

FinMin too not acting firm on money laundering: Cobrapost  

06 May 2013, 12.54 pm  |  Source: Moneycontrol.com

The Ministry of Finance has wrapped up the Directorate of Criminal Investigation (DCI) that was set up to pursue industrialists and politicians who ha...

Banks, insurers in cahoots for money laundering: Cobrapost  

06 May 2013, 12.22 pm  |  Source: Moneycontrol.com

Whenever Cobrapost went about proposing to bankers, public or private, to invest our black money in insurance, they immediately called the managers of...

Offering help to launder money also punishable: Cobrapost  

06 May 2013, 12.04 pm  |  Source: Moneycontrol.com

The Indian Penal Code as well as the PMLA 2002 says that offering to help in carrying out an offence is punishable. This blows a hole in the RBI's arg...

Not hopeful of RBI action on money laundering: Cobrapost  

06 May 2013, 11.33 am  |  Source: Moneycontrol.com

Looking at the RBI's rather suspicious, protector-instead-of-Regulator conduct, it looks highly unlikely that any worthwhile cleansing of the system w...

Here's how banks, insurers help clients launder black money  

06 May 2013, 10.55 am  |  Source: Moneycontrol.com

Banks are accepting huge amounts of unaccounted cash to invest it in insurance products, and sometimes in gold as well. Forged PAN cards are being arr...

Chart: How Bank Nifty has reacted to RBI policy  

03 May 2013, 1.22 pm  |  Source: Moneycontrol.com

The RBI today cut the benchmark repo rate by 25 basis points, as widely expected by the market. However, banking shares are under pressure as the cent...

5 reasons why Unilever is so keen to invest in HUL  

02 May 2013, 12.33 pm  |  Source: Moneycontrol.com

Unilever Plc's offer on Tuesday for an additional 22.5 percent stake in its Indian arm Hindustan Unilever (HUL) at a 20 percent premium took most by s...

NSE fines Prakash K Shah, Inventure in Emkay freak trade  

02 May 2013, 12.16 pm  |  Source: Moneycontrol.com

Prakash K Shah and Inventure had benefitted the most from Emkay Global's mistaken trade in October last year, as they had placed buy orders well below...

Emkay's plea for freak trade reversal denied by NSE panel  

02 May 2013, 10.01 am  |  Source: Moneycontrol.com

A panel of NSE board members, probing the freak trade by Emkay Global in October last year has ruled that the trades cannot be reversed. The loss of R...

4 reasons why Citi upgraded Maruti rating, target price  

29 Apr 2013, 12.26 pm  |  Source: Moneycontrol.com

Citi has cited imporving market share, weakening yen and bottoming out of demand as the key reasons for upgrading the stock. ...

6 takeaways from United Phosphorus analyst meet  

29 Apr 2013, 12.25 pm  |  Source: Moneycontrol.com

United Phosphorus is not planning any big-ticket acquisitions, but looking for small targets, preferably in China....

Why Dalal & Broacha cut earnings estimates for Bata India  

25 Apr 2013, 12.56 pm  |  Source: Moneycontrol.com

Brokerage house Dalal & Broacha has cut earnings estimates for Bata, as it feels that the economic slowdown may impact the topline of the company. D&B...

4 negatives for Indian IT from proposed H1-B visa rules  

25 Apr 2013, 11.58 am  |  Source: Moneycontrol.com

The proposed US Immigration Bill has more negatives than positives for the Indian IT industry, says brokerage house Nomura....