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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

Indices ends above 8200 on short covering, oil slip halts
“Indian markets opened higher today with benchmark indices tracking gains from Wall Street after release of FOMC minutes yesterday. Banking stocks were seen moving higher and recovering from the previous fall ahead of crucial i... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Bloodbath on D-Street; Global selloff continues, services PMI weakens
 
“Indian equity markets witnessed sharp selling today with benchmark index Nifty falling close to 3%. . Nifty saw a gap down open as Asian markets traded under pressure in morning. Sharp sell off on Wa... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty struggles at 8400; IT & banking weigh , services PMI eyed
 
“Equity markets showed positive momentum during initial hours with Nifty gaining but gave up gains later in trended downwards breaking 8400. Rupee traded in a narrow range providing no support to bankin... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty ends below 8400, financial stocks gains
“Indian equity markets rallied today on back of positive sentiment that emerged from the 2 year high HSBC manufacturing PMI which came in at 54.5. The surge in PMI indicated that the industrial activity has picked up in December, also expe... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Indices end flat tracking global cues, energy and metals drag
Indices end flat tracking global cues, energy and metals drag Indian equity markets traded with negative bias for most of the session but benchmark indices made a smart recovery in last hour of the session. The index was dragged ... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Sensex gains on strong Asian markets; Metals shine
 
“Indian equity markets were up today as global sentiment remained positive. Asian markets were up today but Nikkei gave up gains after a possible Ebola case emerged in the country. PBOCs decision to change loan to depos... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty dives as Dec F&O expiry hits; IT, Pharma drags
“Indian markets opened higher tracking record close on Wall Street. Nifty opened higher but could not breach 8300 markets as Chinese markets showed negative momentum dragging metals. Outflow was seen from Pharma and IT stocks wh... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty breached 8300 levels on account of short covering, global cues
 
“Equity markets witnessed positive momentum today tracking positive cues from global markets, rebound in oil prices and strong close on Wall Street. Domestic factors driving the markets were positive r... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty sustains 8000; Global volatility weighs, FOMC eyed
 
“Indian equities witnessed another volatile session with participants trading with a negative bias. Nifty opened lower and continued to break 8000 levels as banking and IT stocks weakened. Global markets continued... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty ends below 8100 tracking global weakness, crude price
 
“Indian benchmark indices opened lower today taking cues from global sell off that fell tracking decline in crude oil prices. Nifty could not hold 8100 levels and closed at 8067.6. Indian trade deficit dat... (more)
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