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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

Synopsis:
Benchmark indices witnessed sharp sell off today with Nifty breaking 8000 mark and closing below 7950 mark while Sensex closed below 26500 at 26492.51. Sharp profit taking was seen on all Nifty stocks with rate sensitive stocks losing most. Power stocks continued to fall with TATA... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Benchmark indices opened lower today tracking weakness form global markets. US closed in red in previous session with Dow shedding 61 points and S&P closing much below 2000 level at 1985. Weal IIP number which came in at 0.5% for July disappointed markets while CPI eased sligh... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian indices opened slightly higher today, Nifty opened 1.35 points up and went to breach 8100 in early trade but resisted 8100 and traded with a negative bias for rest of the day. Reversal on index was seen on back of strength in banking stocks as govt. gave decision on divestm... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Benchmark indices Nifty and Sensex witnessed a roller coaster ride today as global and domestic factors weighed on markets. Positive closing in US markets and strong Asian markets in morning provided a strong start on Nifty. Nifty opened higher at 8115.15 but soon heavyweights ONG... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian benchmark indices took negative cues from global markets and opened in red. Nifty opened 17.4 points lower and continued to trade negative. Nifty closed just below 8100 at 8094.10 and Sensex closed at 27057.21. Broad profit booking was seen on Nifty stocks. Energy stocks we... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis: Indian benchmark opened in red taking weak cues from the global markets, Nifty traded weak in the beginning of the session and touched intraday low of 8126.50 and touched intraday high of 8174.55 and later recovered to close above the 8150 level falling 0.26%. Sensex closed at
272... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian benchmark indices opened flat with Nifty claiming 8100 levels in early hours of the trade. Indices gave up gains tracking weak global cues and on account of profit booking. Nifty touched intraday low at 8049.00 and fluctuated in range a 45 point range. United spirits, ... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian equity markets traded under pressure today. Benchmark indices Nifty and Sensex closed lower by 18.65 and 54.01 respectively. Nifty could not sustain 8100 level as profit booking kicked in banking stocks. Realty major DLF dragged Nifty after the HC cancelled its 300 acre lan... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Equity markets showed strength today tracking positive cues from Asian markets. Currency showed strength but again hovered near 60.50 mark.
Benchmark indices again closed at record highs. Nifty closed at 8114.60 gaining 31.55, Sensex Closed at 27139.94 up by 0.39%. The up ... (more)
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Comments on the Market by Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Synopsis:
Indian benchmark indices again closed at all-time highs. Nifty closed at 8083.05 gaining 55 points. Sensex crossed 27000 levels and closed at 27019.39.  The strong move on Nifty was supported by all sectors. Jindal steel was the top loser amid coal block allocation controvers... (more)
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