MARKETS
MUTUAL FUNDS
SBI Magnum Global: Invest
AN investment may be considered in SBI Magnum Global, as its aggressive fund management style could offer attractive returns over a two- to three-year period. Investors could use a systematic investment plan to take ...
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Franklin India Taxshield: Invest
AN INVESTMENT can be considered in Franklin India Taxshield, which has, like most tax-saving funds, turned in a good performance over a five- year period. While it is not the top performing fund in this category, you ...
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Tata Equity Opportunities Fund: Invest
INVESTORS looking to diversify their portfolio may consider investments in Tata Equity Opportunities Fund. The fund's performance over the past five years compares favourably to funds such as DSP Opportunities Fund, ...
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No upheavals likely in fund management Mr T. P. Raman, Managing Director, Sundaram Mutual Fund
With BNP Paribas deciding to shell out Rs 100 crore for a 49.9 per cent stake in Sundaram Asset Management Company, many feel that the fund house has secured an attractive valuation for its business. But Mr T. P. Raman, Managing ...
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PORTFOLIO MOVES
Birla Dividend
DURING volatile markets such as the present one, stocks with a high dividend yield (dividend as a percentage of market price) tend to provide a cushion during downward corrections. Dividend yield funds follow a defensive investment strategy by ...
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STOCKS
The route ahead
IN negotiating this deal, the Chairman of Bharti Tele-Ventures, Mr Sunil Mittal, may have, by a single stroke, pitted Vodafone against SingTel, Bharti's existing foreign partner, which holds a 30.8 per cent stake. The ...
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Copper is a drag on Hindalco performance Second-quarter net down 7%
HINDALCO Industries Ltd has reported a 7 per cent drop in its second quarter net profit at Rs 276.5 crore on account of losses in its copper business. The company's net sales and operating revenues during the quarter grew 8 per cent to Rs ...
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TECHNICAL ANALYSIS
Query Corner
Please clarify my apprehensions. Somewhere in August an impression was created that correction is on the cards anytime now and in September, every correction was followed by consolidation and retail investors took the things into stride ...
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Indicators point to impending weakness
Preferred View: The market sentiment remained bearish during the week gone by. The inability of the index to even get closer to the first resistance zone of 2480-2490 was a clear sign of impending market weakness. The break below the ...
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Bearish outlook for Tata Steel
SBI (Rs 811): The stock breached the support zone at Rs 845-850. Typically, the trend would accelerate when a support or resistance level is broken convincingly. This concept was captured in the price action of this stock. With the stock ...
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Focus of the week
Tata Motors (Rs 460.8): The stock has been moving in an extended sideways pattern since February 2004. The price action in the recent weeks has resulted in the completion of a bearish "double top" pattern in the early part of this month. ...
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STOCK MARKETS
Time for the November Effect
If November Effect does visit us once again on the back of improved liquidity, investors should resist looking this gift horse in the mouth.
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SEBI GUIDE
Options in an open offer
Competitive bid is an offer made by a person, other than the acquirer who has made the first public announcement. What happens if there is a competitive offer and a person had availed himself of the first offer at a lower price? Can the ...
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DERIVATIVES MARKETS
F&O POINTERS
Weak trend in Nifty persists
THERE was no respite from a bear hammering for the Nifty, which witnessed another week of turmoil on the back of heavy FII selling. Last week, we had indicated that the Nifty was at a crucial junction and had stated that either gain or loss - ...
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RECOMMENDATION
Coromandel Fertilisers: Buy
INVESTORS with a two to three-year perspective can consider exposures in the Coromandel Fertilisers stock. The stock trades at a modest price-earnings multiple of about eight times its trailing 12-month earnings (Rs 31 per share). Volume ...
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Monsanto India: Buy
MONSANTO India has reported robust profit growth on flat revenues for the first half of the current financial year. While this has been a challenging period for crop protection companies, the outlook for the next couple ...
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Satyam Computers: Hold
SHAREHOLDERS can consider retaining their exposure in the Satyam Computers stock. The potential for capital appreciation from these price levels will be sedate and suitable only for investors with return expectations ...
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Lupin: Buy
EXPOSURE can be considered in the Lupin stock, which trades at about Rs 690. Even as Lupin's initiatives in the developed markets show signs of paying off, the stock is available at a valuation of about 16 times its ...
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Television Eighteen: Buy
AN INVESTMENT can be considered in Television Eighteen (TV 18) stock, as there is scope for gains once the restructuring (see accompanying box) takes effect. In the proposed arrangement, the burden of rolling out new ...
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Hindustan Zinc: Buy
WELL-INTEGRATED value chain, strong operational and financial contours, robust demand coupled with firm pricing environment, competitive cost structure and relatively attractive valuations make the stock of Hindustan Zinc an attractive buy over ...
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Sintex Industries: Buy
Sintex has diversified its consumer portfolio by moving into other products.
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