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Press background on WealthRays Securities
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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

Nifty ends marginally down tracking global weakness, crude price
 
“Indian benchmark indices witnessed a volatile session tracking weakness in global markets and falling crude oil prices. IIP numbers were released on Friday after markets kept the markets under p... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty weakens further; lows oil prices weigh, CPI and IIP eyed
 
“Indian markets witnessed negative momentum yet again after Nifty opening higher. The weakness was seen as a result of weak Chinese industrial production data which came at 7.2% fuelling further hopes of PBO... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Indices end lower tracking weak global cues; crude continues to fall
 
“Indian markets witnessed sharp correction today with Nifty breaching 8300 mark. The volatility index VIX rose suggesting fear in markets. Major cos on Nifty led the fall. Weak global oil prices kept e... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty slips below 8350; profit taking continues
 
“ Indian equity markets witnessed negative open today with benchmark indices Nifty and Sensex opening lower. The negative open was seen as a result of weakness in global sentiment and selling in Asian markets in morni... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty slips below 8350; profit taking continues
 
“ Equity markets witnessed a volatile session today with major factors such as slowdown in China and sharp sell of major Asian markets weighing on benchmark index. Selling continued with weakness from banking stocks a... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty closes more than 1% down; Profit taking affects momentum
 
“ Equity market witnessed negative momentum today with benchmark breaking 8500 and closing down at lowest point of the day. The weakness was seen as investors became cautious ahead of IIP and CPI number... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty down on profit booking, US job data eyed, Realty and FMCG gains.
“Equity markets witnessed flat movement ,during the last hour of trade the benchmark was dragged by IT, Pharma and banking stocks. Most private banks witnessed profit taking and IT stocks were down due to flat rang... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Benchmark indices range bound; Nifty hold 8,500, CNX Midcap at record high
“Indian equity markets witnessed volatile session. Nifty opened higher but could not sustain 8600 and gave up early gains. IT stocks dragged the index on account of profit booking while banking stocks rose with... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Benchmark indices range bound; Nifty hold 8,500, CNX Midcap at record high
 
“Indian benchmark indices traded in a very narrow mood today post RBI policy yesterday. Rupee also, was in a narrow range as mixed cues for currency were seen. Globally Dollar gained strength b... (more)
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RBI Policy Comments of Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Impact of RBI Policy on Stock Markets
RBI maintained status quo in line with expectation of bankers. Markets after RBI policy were seen flat due to no rate cut. RBI looked slightly dovish note on its inflation outlook quoting "activity is likely to be muted" in the current quarter... (more)
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