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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 down on profit taking, investors cautious ahead of RBI policy
 
“Indian benchmark indices reversed early gains. RBI policy kept investors cautious while weakness in Rupee and profit taking weighed on banking stocks dragging the benchmark. Global markets also trade... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty breaches 8600; mood upbeat ahead of GDP data
 
“Indian benchmark indices delivered stellar performance today on back of strength in Banking and realty stocks. Banking and other rate sensitive stocks rose on hopes of a rate cut by RBI in its December credit policy re... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty Nov F&O expires at 8500 led by IT, auto and banks. Q2 GDP eyed
 
“Indian equity markets made smart recovery today on back of strength in global markets. Banking stocks supported the index on expectations of rate cut by RBI in upcoming policy review. Auto stocks ... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty volatile ahead of November expiry, fails to reclaim 8500
 
“Indian markets opened lower but restricted losses as US GDP data suggested pick up in economy. Domestic Q2 GDP numbers kept investors under caution today. Banking stocks were trading with negative bias on a... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty trades choppy ahead of expiry, realty and FMCG drags Nifty
 
“Indian equity markets witnessed sharp profit booking today as mood remained cautious ahead of Q2 GDP numbers expected this week. Banking stocks were down on profit booking and realty also dragged the inde... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty conquers 8500 mark; Looks set for more gains
 
“Equity markets gained today with Asian markets cheering rate cut by China to boost growth. Indian metal stocks rose on anticipation of reviving manufacturing activity in China. IT stocks rose as Rupee showed weakness a... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty at record high, banking leads, global cues positive
 
“Indian equity markets traded with positive bias today, Nifty scaled new highs and was led by banking stocks. RBI lifting FII restriction of share purchase of Yes bank, Kotak Mahindra acquisition of ING Vysya, SB... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty dips from highs on profit taking; Investors eye Fed minutes for further cues.
 
“Indian benchmark indices witnessed profit booking in final hours of the trade with Nifty closing below 8400. The fall was seen as investors took profit off the table ahead of US FOMC mi... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty closes flat, broader market outperform. Infra rises ,metals shine
 
“Nifty closed flat today as global sentiments remained weak. US FOMC minutes were awaited. Public banks witnessed inflows after SBI posted stable Q2 results last week. Private banks were down on acc... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Nifty makes new closing highs supported by autos and PSB's.
 
“Indian equity markets witnessed a volatile session today but benchmark indices closed at their intraday highs. Nifty closed at 8430.75 after remaining weak during the initial hours of the session. Weakness... (more)
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