The Hindu Business Line : Sunday, September 10, 2006

NEW FUND OFFER
Reliance MF plans capital protected fund
Reliance Mutual Fund has lined up a close-end capital protected fund, rated AAA(SO) by Crisil. The proposed Capital Shield Fund, to be positioned as a `capital protection oriented scheme', will offer two plans, titled A and B, for three and ... More

MUTUAL FUNDS
Tata Infrastructure Fund: Capital goods preferred
Funds focused on the infrastructure sector have outperformed the average diversified fund over the past three months. Here, a look at how Tata Infrastructure re-shuffled its portfolio between June and August. It increased exposure in banking, ... More

Update
Birla Sun Life Mutual has extended the closing date for the New Fund Offer of Birla Long Term Advantage by seven days till the close of business hours on Friday, September 15. Mr Amit Nigam was designated fund manager of ABN AMRO ... More

Fund Talk
I am a 22-year old software engineer and just started my career. I want to invest in mutual funds in a systematic way, through SIPs. Can you suggest some funds and the right mixture of debt and equity over the long term to build ... More

STOCKS
Thumbs-up from market
Equity expansion and EPS impact More

STOCK MARKETS
Trader's Corner
The typical Indian day trader is a social creature. He likes to do his trading surrounded by his friends, the fellow traders in his broker's office. This ensures that the advice from dealers can be sought easily, without having to wait endlessly ... More

Query Corner
Kindly express your views on TVS Motors. Rakesh Sharma, Shailesh Malvankar, Prabhat Mahesh. TVS Motors (Rs 116.5): The long- term trend is still up. Long-term support exists in the zone between Rs 75 and Rs 80. This zone ... More

Tech Tools
I hear some of the counters have exhibited reduction in the Open Interest. Does this not indicate bearish trend in these counters. How does the discount and premium on future contracts of September and October reflect in the Index ... More

Reliance
Reliance Industries moved in an extremely tight range between Rs 1,110 and Rs 1,145 last week. This stock has been unable to breakout of this range since August 25. Since this consolidation comes after a perfect five-wave move from the low of ... More

SBI
The inference is that there can be a short-term correction to Rs 915 but the medium term outlook is still bullish. There can be one more upward moving wave to Rs 980. Hold your longs with a stop at Rs 910. Do not initiate fresh longs if ... More

Tata Steel
Tata Steel had a strong run last week. Tata Steel recovered from a low of Rs 501 on Monday to close with a weekly gain of 4.6 per cent. The short-term outlook is positive and there can be a rally to Rs 540 next week. But, the price has ... More

Infosys
Infosys hit a high of Rs 1,855 on Monday before sliding lower according to our expectation. Some caution is required here as the weekly oscillators are beginning to signal a sell from overbought territory. Weekly volumes have also been abysmal ... More

ACC
The stock spurted upward on Tuesday and then held its ground for the rest of the week, finally ending with a gain of 3.3 per cent. The price hit an intra week high of Rs 957. Wave patterns continue to look bullish. The upward targets this ... More

Tata Motors
Tata Motors had a strong run last week, finally breaking out of the sideways range that it was confined to since 21st August. The daily momentum oscillators have again given a buy signal. The weekly oscillators are robust. There was an ... More

DERIVATIVES MARKETS
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

RECOMMENDATION
Dishman Pharma: Buy
Investments can be considered in the stock of Dishman Pharma, which currently trades at Rs 206. Since its initial public offer a couple of years ago, the stock has had a stellar run, rising almost six-fold since. Dishman's business profile is ... More

Phoenix Lamps: Reject
The offer price does not factor in the growth potential in Phoenix Lamps. More

Bharat Forge: Hold
The acquisitions give the company a substantial advantage in terms of entry into new product categories and a broad customer and manufacturing base. More

HDFC Long Term Advantage: Invest
The fund ranks high on consistency of performance, having outperformed broad-based indices such as the BSE-500 more than half the time over the last five years. More

Bayer India Diagnostics: Reject
Prospects for Bayer's products appear to be reasonably good; shareholders may, hence, retain their holdings of the stock. More

Gujarat NRE Coke: Buy
Improving outlook for coke and cost-savings from backward integration are likely to have a positive impact on the company's profitability. More

Principal Large Cap Fund: Hold
Unit-holders can retain their investments in Principal Large-Cap Fund. The fund has the mandate to invest mainly in large-cap stocks with a market capitalisation of over Rs 3,500 crore. A small part of the portfolio may be invested in stocks with ... More

Gwalior Chemical Industries: Invest at cut-off
Gwalior Chemical proposes to sustain its revenue growth by expanding its existing product lines and foraying into new products. More

NIIT Technologies: Buy
A good order-book, balanced geographic spread and the recent acquisition of Room Solutions lends confidence to the stock. More

Richa Knits: Avoid
With no distinct competitive advantage and a lack of scale, the company's ambitious expansion plans in the garments business might not translate into a commensurate growth in revenue and earnings. More

OUTLOOK
Index Outlook
It was a quiet week devoid of any major news. The market players in India relieved their boredom by playing a guessing game. The game was to guess when the Sensex would touch 12000. The Sensex was, as ever, at its wilful best, hitting an intra ... More

Range-bound Nifty; Positive for Century Tex
More

Market view
In the recently released RBI Annual Report, the central bank maintains its outlook of 7.5-8 per cent GDP growth, given the buoyancy witnessed in IIP indices, lead indicators of services activity and robust export demand. A key ... More

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

Nifty Companies News
SE Diary
Stock Quotes

Top Stories
PSBs to make good agri lending by co-op banks

India-China trade ties to touch $20 b: Pranab

IT talent crisis ahead, warns Mohandas Pai

ONGC plans to develop 29 offshore marginal fields

Looking back
Sep. 3-Sep. 9
`Potential in real estate enormous'

MF scheme for educational needs

UTI Mutual rejigs portfolio

Jet flies high on settlement rumours

Sizzling days for M&A closer home too

India among top Asia picks: S&P global survey

Advt Links:
• Looking for NCFM Professionals / Crash Courses?