Financial Daily from THE HINDU group of publications
Sunday, December 04, 2005
Markets (December 02 - 15.30 IST)
BSE Sensex8961.61(+16.83)
S&P CNX Nifty2697.95 (-1)
US Dollar (Buy/Sell)46.19/46.20


News
Features
Stocks
Shipping
Archives
Google

Subscription

Group Sites

MARKETS

MUTUAL FUNDS


Need to educate people on investing in MF schemes
THE mutual fund industry is today the fastest growing sector, with a growth rate of 30 per cent annually, Mr A.P. Kurian, Chairman of the Association of Mutual Funds in India, has said. Though it has an asset base of Rs 2 lakh crore, less than ... More

SPOTLIGHT
HDFC Top 200 Fund: Invest
EXPOSURES may be considered in HDFC Top 200 Fund, as it remains one of the better options in the equity funds space. The portfolio, which has about 50 stocks, appears well positioned to benefit from the underlying ... More

Franklin India Flexicap: Hold
INVESTORS in the new fund offer of Franklin India Flexicap can retain their holdings. The fund has delivered an impressive performance since its launch in March this year, doing better than such well-established peers ... More

Franklin India Small Companies Fund: Invest
FEW product categories in the mutual fund space can now evoke as much excitement as a mid-cap/small-cap fund. You can rest assured that the hype surrounding a close-end small-cap fund will be doubly so. Close-end funds ... More

PORTFOLIO MOVES
Birla Equity
EQUITY-linked savings schemes (ELSS) or tax benefit funds have the dual aim of capital appreciation through investing in equity instruments and providing tax incentives as well. The three-year lock-in period may help earn returns over time, ... More

How much does the manager matter?
The fund manager's exit is an important event. It merits closer tracking of the fund's performance and checking on the fund's performance over the subsequent few quarters. More

PruICICI MF to levy entry load on SIP

  • Mr Sanjay Sinha has replaced Mr Sandip Sabharwal as Head of Equity at SBI Mutual Fund. Mr Sabharwal is no longer with SBI Mutual Fund. Mr Sinha was earlier part of the fund management team at UTI Mutual Fund. At SBI, he will now manage ... More

    STOCK MARKETS


    Riding the `relative' wave
    AS INDIA Inc. enters an aggressive investment phase, everyone seems to be talking of `better times', or should we say `even better times'. In the circumstances, judging the companies, especially the mid- and ... More

    F&O POINTERS
    Volatile trends may continue
    If the Nifty sustains current levels and opens on a strong note on Monday, then it could go up to a high of 2730 levels. More

    Consolidation ahead of an upward trend
    Preferred view: The market action was marked by a high degree of volatility during the week. After a sharp rally in the earlier week, the pattern traced out in the past few days could be classified as a consolidation ahead of the ... More

    Focus of the week
    Kotak Mahindra Bank (Rs 228): The share price has been in a major uptrend in the recent years. There appears to be significant upside potential from prevailing levels. After passing through a brief corrective phase, the stock resumed ... More

    Bullish outlook for Infosys
    Infosys (Rs 2,843): The stock ruled firm and also moved to the target zone of Rs 2,800-2,820 during the week. The outlook remains bullish and a move to the Rs 2,950-2,960 range appears likely. Hold with a stop-loss at Rs 2,660. Fresh ... More

    Query Corner
    Please advise if I should hold or exit from Surana Telecom purchased at Rs 34? — Mini Surana Telecom (Rs 31): The stock has been in a sharp downtrend in the recent months. There could be a pull back once the stock ... More

    Making sense of sentiment
    Staying rational does not require you to be a skilled investor. Some investment gurus have indicated that a simple buy-and-hold policy could be as effective as any complicated procedure. Investors who keep things simple could make as much money as th e most skilled fund manager. 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

    Pick a winner stock market contest
    For the contest held in November, the stock of Nelco posted the maximum gain of 105.8 per cent. Its price rose from Rs 54.7 to Rs 112.5. Out of 976 entries received, there were 16 winners, including multiple entries. They are: S.P. ... More

    REGULATORY BODIES & RULINGS


    SEBI imposes penalty on Ispat Ind
    MUMBAI: The Securities and Exchange Board of India has imposed a penalty of Rs one lakh on Ispat Industries Ltd on a case that dates back to 2003. The case is about not furnishing certain price sensitive information to the stock ... More

    INTERVIEW


    More global investors to set sights on India: CLSA's Jim Walker
    THE recent linking of market movements in India with those of global markets has been stunning. India has mirrored the movements in the regional markets. The Chief Economist of CLSA, Mr Jim Walker, believes that over the next three years, the ... More

    RECOMMENDATION


    Pioneer Embroideries: Buy
    AN investment can be considered in Pioneer Embroideries. At Rs 92, the stock trades at a valuation of nine times its trailing four-quarter per-share earnings. With a market capitalisation of about Rs 100 crore, the stock could, however, be ... More

    Container Corporation: Buy
    AN EXPOSURE can be considered in the stock of Container Corporation of India, which is a premier logistics play. This sector will continue to figure prominently in the preferences of institutional investors, as ... More

    Gati: Buy
    INVESTMENT can be considered in the stock of the cargo movement and logistics player, Gati, which trades at about Rs 335. Any dip in the stock price, linked to broad market movements, can also be used as an opportunity ... More

    V.I.P. Industries: Book profits
    INVESTORS can consider divesting from the VIP Industries stock, which trades at about Rs 140. The company's modest revenue growth and a low operating margin do not justify the current valuation. Though exports have more ... More

    Dredging Corporation: Book profits
    THE growth opportunities for dredging companies is immense as a number of projects are in the pipeline. Dredging Corporation of India (DCI), so far the dominant player in the industry, is facing competition from foreign ... More

    BONUS ANNOUNCEMENTS


    Subex to hike authorised capital
    BANGALORE: Shareholders of telecom software maker Subex Systems Ltd have approved the company's plans to increase its authorised capital from Rs 12.5 crore to Rs 30.14 crore. They also approved the issue of bonus shares in the ratio of ... More
    Stock Quotes
    SE Diary



    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Prime Directors

    Top Stories
    Dunlop, Falcon acquisition — Cross-country holdings made it a complex deal, says Ruia


    Bull run in gold likely to continue

    Bill to amend CST Act to be introduced

    In Focus

    FDI in retail sector
    Indian Aviation: Sky is the limit
    India Inc's bonus bonanza
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Nov. 27-Dec. 3
    New offers galore

    'SEC could haul up Indian issuers for non-compliance'

    BSE scores over NSE in ICICI Bank issue


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line