Latest News
Press background on WealthRays Securities
Company profile
Broking and research house WealthRays Securities today said it has introduced a unique plan for research recommendations under the name 'pay only when you make money'.The Bangalore-based company has launched prepaid recharge vouchers of Rs 1,000, Rs 2,000, Rs 5,000 and Rs 10,000 for research service account in which customers will get an average 3 recommendations per day in each segment they choose, including derivatives, commodities and currency, WealthRays Securities CEO Kiran Kumar Kavikondala told reporters here.
 Recent press releases
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty ends near 8700; Metals and realty drags.
 
“Indian equity markets witnessed sell off during last hour of the trade after rising during initial hours. The strength was drawn from the slight bullishness ahead of Union Budget but soon global factors overwhelmed... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty fails to reclaim 8800; banks and auto drag
 
“Indian benchmark indices witnessed selling in late hours of the session after remaining weak during the day. Nifty was weak as rate sensitives such as banking, auto and infra stocks dragged the index. The selling... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Indices trades weak as RBI policy on expected lines, oil rebounds lifting energy
 
“Indian benchmark indices remained weak today as investors turned cautious ahead of the annual budget for FY16. RBI policy was in focus which lifted the index during the session as ... (more)
Share
Comments on the RBI Policy & its Impact on Markets by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

RBI kept the major rate unchanged while cutting SLR by 50 bps to 21.5%, however markets were seen expecting further rate cut by RBI. Markets were seen touching near 9000 levels due to rate cut by RBI earlier this year.
 
Though CPI was seen weak in January further acti... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty  volatile, IT supports ; RBI policy in focus
 
“Indian equity markets witnessed a volatile session today after US posted GDP below expectations on Friday. But a smart recovery was made by Nifty today reclaiming 8800 during the session. The overall ... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty sheds 143 points; weak Bank of Baroda Q3 weighs
 
“Indian equity markets witnessed today the effects of US Fed’s view on US economy and fears of a rate tightening cycle in US today. Though global markets remained mostly up with F&O expiry yesterday... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty closes higher on expiry; global markets weak on Fed
“January F&O expiry induced significant volatility today on benchmark indices with Nifty closing higher in spite of weal global markets and negative breadth. US Fed remained upbeat on economic growth and improvement... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty volatile ahead of Jan F&O expiry and Fed interest rate decision
“Indian benchmark indices opened weak in today’s session led by weak close in US markets. However trend was seen reversing and positive sentiments continued in banking and IT shares as further rate... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty at all-time high, Obama visit lifted sentiments
 
“Indian markets rallied today on euphoria and as FII inflows continued. RBI rate cute remained a continuing booster for equities today with Nifty claiming 8900 mark. Global factors were side lined by market p... (more)
Share
Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty at all time high, Auto and infra leads
“Indian equity markets joined the global rally today. ECB announced bigger than anticipated QE program to spur growth and fight deflation. This move was cheered by equity markets around the world with Wall Street turning positive fo... (more)
Share