Both the Nifty and the Sensex rallied last week, but their gains were not decisive. Among stocks, while Hindalco appeared in a downtrend, Hindustan Unilever was in an uptrend. Watch out for them next week.
Today, we have picked M&M, Hindalco, Aurobindo Pharma, Aban Offshore, Cipla, Kotak Bank, Nalco, Educomp and PFC as the 9 stocks of the day.
Looking at the bigger picture, the results are mixed as far as the stock movements go.
Citi's 'sell' rating came after Educomp's disappointing earnings show. But the surprise element is the announcement of an enabling resolution to raise $250 million and restructuring of the $78.5-million FCCB.
Today, we have picked Reliance Power, Petronet, Educomp, Yes Bank, Allahabad Bank, Bharat Forge, JP Power, PFC and Canara Bank as the 9 stocks of the day.
Our analyst Shishir Asthana picks five such 'defensive' shares for tough times. These picks are on the basis of their resilience to market volatility and visibility of long-term earnings.
Today, we have picked Bharat Forge, Cipla, Aurobindo Pharma, M&M, Ranbaxy, PFC, JP Power, Canara Bank and Bank of India as the 9 stocks of the day.
The government forces PSUs to pay large dividends even if capex requirements are high.
Most of the 9 stocks we had flagged off today morning have performed according to our expectations. We tell you why.
Winds of change in West Bengal; the coming energy squeeze; and an airline falls on bad times.
The proposal to enhance FDI in the insurance and pension sectors aims only to keep markets buoyant until the UPA can complete its disinvestment programme. Whether it passes or not will be determined by political calculations.
Banking stocks tanked in choppy trade after the central bank raised key short-term interest rates by an aggressive 50 basis points at a policy review today.
The UPA government is going all-in to push 'reforms', but it's not clear that it has the numbers to deliver on all these policy initiatives, some of which need to formalised through legislation. Interestingly, India Inc is being called upon to persuade the opposition.
When everyone else does it, it's called networking. In the Rajaratnam case, they're calling it 'ethnic clubbing'
The old ways of businessmen and politicians striking deals behind closed doors and shifting goalposts to favour one industrial house or another are over.
If the only hand that could slap the UPA government from its slumber is a foreign hand - in the form of international rating agencies - more power to that 'foreign hand'...
The Kelkar committee report issues a grim warning: unless the subsidy on fuel, food and fertilizer is cut back to sustainable levels, India will face a crisis worse than the one in 1991.
However much Kapil Sibal and others in the UPA may spin it, the Supreme Court's observations are a finely balanced critique of the government's policy of allocating natural resources in both the 2G and the coal block cases.
The government has chosen to take a dig at CAG. It might be justified.
The Jindal-Zee fight is a moment of truth for India's media. It can choose to cleanse itself, or lose a golden opportunity.
Gadkari and Vadra illustrate the fortunes that both politicians and businessmen make unjustly when their orbits increasingly get aligned. Their worlds are gradually becoming congruent, which bodes ill for the country as a whole.
The tragedy of our political culture is that there aren't enough leaders - in both the ruling alliance as well as in the Opposition - who will speak up for what is right by the country, even if it means risking short-term unpopularity.
Singh is evidently aimed at securing his own legacy - such as it is - from the taint of the past few years.His address to the nation was just as sigificant for what he left unsaid as for what was said.
Too many ordinary changes are being dubbed as big ticket economic reforms by the pink business newspapers while what is needed is not being addressed.
The economic and political timeframes for reforms to work are simply non-existent. The India Story faces a further mauling despite recent reforms
Manmohan Singh's commitment to broad-sweep reforms and prudent economic management will be tested by his willingness to stand up to reckless and ill-conceived spending on social welfare that are geared only to preserving the Dyasty's political fortunes.
The launch of QE3 is a double-edged sword for India. It will inflate asset values, but will also likely stoke inflation.
If Manmohan Singh is really serious about getting to the roots of corporate corruption, he can begin by ordering an investigation into DLF's shoadowy transactions with Robert Vadra.
Arvind Kejriwal's disclosures on Tuesday provide adequate circumstantial evidence to establish a prima facie case of political influence-peddling in a manner that profited both DLF and Sonia Gandhi's son-in-law Robert Vadra.
DLF claims it gave an advance to Robert Vadra but the latter's balance-sheets for 2010-11 tell us a different story. It was more like an interest-free loan.