MARKETS
FINANCIAL SERVICES
Bajaj Capital dons new role to help Morepen investors
IN what could set a trend in protecting the interest of small investors, Bajaj Capital Ltd, a financial services and broking company that acted as an intermediary in sourcing investment, is joining forces with small investors to help settle their ...
More
MUTUAL FUNDS
Tax-saving funds: Low on assets, high on performance
THE idea of locking into an investment for three years in a volatile equity market is surely not too appealing to the average investor. Equally, the tax benefits from the investment may not be attractive enough for the ...
More
Value- and mid-cap investing: The case for appropriate indices
THE striking feature of stock market performance in 2003 and 2004 has been the strong returns generated by the `value investing' strategy. The performance of value funds was so impressive that a host of value investment ...
More
HDFC Long Term Advantage: Buy in small lots
AN investment may be considered in HDFC Long Term Advantage, a tax-saving fund from HDFC Mutual. It has been one of the superior performers over the past couple of years and its performance is still impressive. ...
More
HSBC India Opportunities: Hold
INVESTORS in HSBC India Opportunities can retain exposures in the fund. Its performance in the first year since launch has been impressive, matching the expectations raised by the impressive performance of HSBC Equity ...
More
Equity fund: Aim for five-year horizon
I have availed of a Voluntary Retirement Scheme from my employer and invested in fixed deposits, RBI bonds , POMIS, and shares. The amount invested in these avenues is Rs 5 lakh. I have Rs 8 lakh to invest in equity mutual funds. I can ...
More
TECHNICAL ANALYSIS
Positive near-term for Nifty
Preferred View: The subdued trend that prevailed was in sync with last week's expectations. After a spell of volatility, the index managed to close on a firm note on Friday. The near-term trend has turned positive. The immediate resistance for ...
More
Bullish undertone in HLL
Hindustan Lever (Rs 155.3): As anticipated, the stock got into a corrective phase. The share price also dropped below the stop-loss level of Rs 161, which resulted in a slide to a low of Rs 151 on Friday. The price movement on Friday has ...
More
Focus of the week
Aztec Software (Rs 89.7): The stock is in a long-term upward trend. In Elliott Wave terminology, the stock appears to have completed one segment of an impulsive move at Rs 74.55 in November 2004. The protracted sideways action since then ...
More
Query Corner
What is the outlook for Lakshmi Vilas Bank purchased at Rs 155 and Alstom at Rs 45? — C. Balakrishnan Lakshmi Vilas Bank (Rs 199.7): The long-term outlook is bullish and the stock is likely to move to the Rs 245-250 range. ...
More
DERIVATIVES MARKETS
Nifty may remain range-bound
AS the market last week remained locked in a narrow range, activity at the derivative segment too took a breather; the average daily turnover dipped to Rs 11,142 crore against the previous week figure of Rs 12,852 crore. Foreign institutional ...
More
Arvind Mills' contract attracts restriction
The derivative contracts of Arvind Mills has crossed 95 per cent of the market-wide position limit and is currently in the ban period. Increase in open positions from now is subject to the conditions imposed in the following circular dated August ...
More
Options guide
Call option: A call option gives the buyer `the right but not the obligation' to buy the stock at a specified price on a future date. Put Option: A put option gives the buyer `the right but not the obligation' to sell a stock ...
More
Futures guide
Futures: A futures contract is an agreement between two parties to buy or sell an underlying asset at a certain time in the future at a certain price. It has standardised date and month of delivery, quantity and price. Spot Price: ...
More
RECOMMENDATION
Dabur India: Buy
ACQUIRED brands can bring value to the buying company as Dabur India has found with its recent acquisition of Balsara's FMCG business. With a strong herbal positioning and an established presence in the ...
More
Sun Pharma: Hold
SHAREHOLDERS can retain their holdings in the Sun Pharma stock, which trades at Rs 490. The company continues to remain the best play in the domestic market with operating margins significantly higher than its peers; ...
More
India Cements: Hold
SHAREHOLDERS of India Cements can remain invested, as there is the prospect of a sizeable decline in losses over the next two years. With price levels and demand improving in the southern market over the past couple ...
More
Maruti Udyog: Hold
SHAREHOLDERS can remain invested in the stock of Maruti Udyog (MUL) for potential gains in the medium term. At Rs 498, the stock trades at about 18 times its trailing annualised earnings per share of Rs 28. Car ...
More
Shriram Group: Making inroads
Shriram Investments: Buy
Shriram Transport Finance: Buy
More
ABB: Buy
AN INVESTMENT can be considered in the ABB stock, as it is one of the more attractive large-cap plays. A sizeable opportunity in the transmission and distribution business; a robust order-book, which has risen more ...
More
SBI Home Finance: Sell
INVESTORS can sell the stock of SBI Home Finance trading at Rs 28. This stock has appreciated by 40 per cent in the last one month and by about 80 per cent over the past year. The company has, however, shut shop and according to its management, ...
More
IPOS
Allsec files IPO draft prospectus
ALLSEC Technologies Ltd, the Chennai-based BPO service-provider, has filed its draft prospectus for its initial public offer with the Securities and Exchanges Board of India. The company proposes to issue 31.412 lakh equity shares of Rs 10 ...
More
IPOs in the offing
INVESTORS interested in parking their funds in equity via the primary market can look forward to the forthcoming IPOs from Jet Airways, UTV Software Communications and Allsec Technologies. BL Research ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
