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Saturday, July 17, 2004

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MUTUAL FUNDS
Income, gilt funds assets fall in June
INCOME and gilt funds saw a marked decrease in assets during June, figures released by AMFI have indicated. Income funds recorded a net outflow of Rs 6,174 crore, while their gilt counterparts witnessed a decline of Rs 270 crore during the month. ... More

`Portfolio management schemes set to grow among middle class'
WITH the removal of long-term capital gains tax and steep cut in short-term capital gains in the equity markets, Portfolio Management Services are set to become popular among the middle class. Addressing a press conference at Kochi, Mr ... More

TECHNICAL ANALYSIS
Bull onslaught
THE sentiment reading of the tradable counters stands strongly bullish with no downtrend counters. Bear domination on Monday is likely to neutralise the prevailing sentiment. Otherwise, the prevailing bullish sentiment is likely to continue with ... More

STOCK MARKETS
Growth prospects seen driving Vimta Labs
THE Vimta Labs stock registered a good volume and an 8.5 per cent price rise creating its 52-week high on the BSE today. The counter has been attracting attention after analysts of a leading foreign broking firm recently met the company ... More

Mid-caps back in vogue
SHARES of mid-cap companies have been moving up right from the beginning of this month, outperforming large-cap companies, even as concerns over transaction tax and uncertainty over the equity market's outlook continue. Within the mid-cap ... More

Buzz on nos spurs buying
ELECTRICAL equipment maker Havell's India is expected to report strong financial results for the first quarter of current fiscal. Dealers said the net profit of the company in the first quarter is expected around Rs 6.25 crore compared to Rs ... More

DERIVATIVES MARKETS
Oriental Bank: Outlook positive, buy July futures
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: Oriental Bank: The stock closed at Rs 247 in the spot market. The outlook appears positive. The upside price target is Rs 260. If ... More

COMMENTARY
Sensex climbs on earnings' trigger
WORRIES regarding the monsoons notwithstanding, the markets closed on a positive note for the second straight day. Post-Budget, the two main triggers that investors have been looking for are the earning numbers and monsoons. The earnings ... More


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Top Stories
Clarification on transaction tax on Monday


AstraZeneca has big plans for India

Rain Calcining plans $29-m expansion programme — To set up greenfield project in Kuwait

Mid-caps back in vogue

Rescheduling of farm loans to lift credit offtake

A yen for correction spells orders for KG Info unit

As domestic, global price band widens — Rubber imports under OGL could turn viable

NDTV stages turnaround, posts net profit of Rs 7.63 cr

Looking back
Jul. 4-Jul. 10
Holding nerves for Budget day

`Sensex may touch 7,000-mark in six months'

Mutual funds — Odds stacked against debt funds

`Tax on transactions to affect market depth'


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