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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

“Indian equity market sentiments were lifted by the BJP victory in Haryana and majority in Maharashtra. Also, series of steps taken by govt. like diesel de regulation, hike in gas price and diesel prices cut amid weak global oil prices lifted the sentiment on D- Street. OMC stocks lifted the ... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
“Indian benchmark indices opened lower today tracking weakness in global equity markets and weakness in Rupee. Nifty opened lower by about 14 points in pre open session but showed strength and breached 7800 intraday. IT stocks witnessed sharp profit booking on back of weak r... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
“Indian benchmark indices opened lower following weakness on Wall Street and again a triple digit fall on Dow. European markets continued its selloff for second session with major benchmark indices falling more than a percent. Weakness in Rupee also weighed on markets as FII... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
“Indian equity markets opened higher after an all-time low CPI inflation at 6.46%. Nifty opened higher by 38.8 points but gave up gains early in the trade tracking weakness from Wall Street. Nifty took a strong support at 7830 and rebounded to touch 7900 as WPI at 2.38% chee... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets opened lower tracking negative cues from global markets. Sell off was witnessed on Wall Streeton Friday which caused Nifty to open lower by 28.95 points. European markets also opened in red but erased losses and made a recovery with FTSE trading flat. Ph... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets saw sharp profit booking today with Nifty erasing gains made in previous session and closing at 7859.95. The weakness was a result of worries about growth in Euro area and disinflation risks which were reiterated by ECB president Draghi. US markets also saw s... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets rallied today and made a stellar recovery after previous session’s sell off. The rally was fired by the dovish Fed minutes which suggested that rate hike will not be sooner. Global markets rallied and European markets also opened in green and showed str... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets witnessed a weak session as global weakness continued. IMF upgraded India's GDP forecast for FY15 to 5.6% from earlier 5.4%. This provided little support to equity markets. Rupee also remained unchanged with FII outflows continuing. Global cues remained w... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets opened on a weak note today after long holidays and tracked weakness from global markets.US markets closed with caution in previous session ahead of FOMC minutes this week. Also, Asian markets also closed mixed providing no support to Indian markets. Market p... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets remained flat today with a negative bias as HSBC PMI flash for manufacturing which came in at 51.0 disappointed markets. Nifty closed near lows of the day at 7945.55 breaching 7950 mark. IT companies gained today as Rupee remained at elevated levels. IT major... (more)
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