The Hindu Business Line : Sunday, May 05, 2002

DSP ML Opportunities Fund: Hold (high-risk)
THERE is a noticeable improvement in the performance of DSP ML Opportunities Fund in the past six months. Launched in March 2000, at the height of the bull-run in stock prices, the fund's performance was quite insipid, to start with, though it ... More

MIP'97: UTI's exchange offer is best missed
MIP's97 investors should avoid a direct switchover to UTI Bond Fund. They have problems aplenty investing in UTI's `assured' MIPs. They should take cash from UTI and diversify the portfolio by investing in three or four debt schemes over a long perio d and spread across funds. UTI Bond Fund could be just one option. More

UTI sticks to `assurances' on MIP 97 (1)
THE Unit Trust of India (UTI) has redeemed the Monthly Income Plan 1997 (I) at Rs 10 per unit. This is the guaranteed capital protection price. The shortfall, of about Rs 400 crore, has been met out of the Development Reserve Fund (DRF), which ... More

Pioneer ITI Money Market Account: Invest
PIONEER ITI Money Market Account is a liquid fund that invests in short-term instruments, such as Treasury Bills (T-Bills) and call money. The fund's returns compare well with other retail short-term fixed-income instruments. The fund is suitable ... More

Prudential ICICI Growth: Hold
OVER a four-year period, Prudential ICICI Growth Plan has been outpaced by some of its peers. However, investors may stay with the fund as it improved in performance over the past year. Further, this seems an inopportune time to exit a ... More

Zurich Top 200 Fund: Hold/Invest (high-risk)
INVESTORS in Zurich Top 200 Fund may stay with the fund for now. The fund's returns over the last year have been around 18 per cent and it has outperformed the broad markets comfortably. But its management style has been aggressive and it makes ... More

Confusing disclosures
THE SEBI circular asking mutual funds to disclose the performance of benchmarks along with half-yearly portfolio performance has had a predictable response from mutual fund companies. The disclosures may have only served to create confusion ... More

DERIVATIVES MARKETS

Trading in Nifty May perks up
OVERALL Trends: The markets continued to remain in doldrums during the week with neither the bears nor the bulls managing to gain control over the arena. On a week-on-week basis the BSE Sensex gained marginally by around 0.3 per cent over ... More

Index call active
INDEX options: Trading interest in index call and put options continued to remain relatively active during the course of the week. Two new calls managed to find a place among the list of top 10 traded calls. Similarly two new index puts ... More

Digital GlobalSoft gains investor favour
THE single stock futures sessions in the preceding week were absolutely dominated by May contracts. Generally, contracts that terminate the earliest are among the most popular ones in the single stock futures session. To illustrate, in May, ... More

COMMENTARY

Positive outlook for pivotals
ITC (Rs 629.9): In line with last week's observation, the share price of the company ruled weak. It touched a low of Rs 601.05 on Tuesday before staging a smart recovery towards the end of the week. The immediate near term trend for ITC ... More

Positive trend in ONGC, D-Link
AFTER recording a sharp drop on Monday, the market sentiment perked up in the remaining three trading days of the week. The easing of political pressure coupled with the improved financial performance reported by a few companies helped in ... More

Mukta Arts in focus
I P C L: Shares of Indian Petrochemical Corporation continued to gain this week at the markets ahead of the Government's disinvestment in the company. While Reliance Industries and Nirma Industries have submitted their price bids, ... More

Nasdaq: Downward trend may continue
THE US stock market witnessed yet another week of subdued trend. Except for a rally on Tuesday, the stock market sentiment remained weak during the other four days. Concerns about earnings quality of a few companies coupled with the flow of weak ... More

Nikkei, Hang Seng outperform US peers
ASIAN majors outperformed the US and the European markets in April by registering a moderate-to-smart rally, probably, due to the attraction of some Asian markets, such as Japan and Hong Kong. The major US indices — Dow Jones Industrial ... More

IPOS

Maya Entertainment scripts IPO plans
MAYA Entertainment Ltd, promoted by the director-actress duo of Mr Ketan Mehta and Ms Deepa Sahi, is scripting plans to make a hit on the screens of stock market terminals with its first initial public offering (IPO) following a second round of ... More

Stock Quotes
SE Diary

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Looking back
Apr. 28-May. 4
UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund