Business Daily from THE HINDU group of publications
Sunday, February 18, 2007
ePaper
Markets (Feb 15)
BSE Sensex14355.55 (+345.65)
S&P CNX Nifty4146.20 (+99.10)
US Dollar (Buy/Sell)44.13 (-0.02)


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Unveil your dream budget
Business Line invites you to tell the Finance Minister your budget expectations. Send in your budget wish list to wishlist2007@thehindu.co.in and explain why you want them included. Attach your digital photograph, which may get published. Do include your brief profile.
MARKETS

INVESTMENTS
LIC invests Rs 7,000 cr in equity under ULIPs
Contributed 72% of individual business portfolio More

The fear at the margins
Act with discretion while opting for margin trading More

FIIs, economy and the common man
We have been reading about the large investments being pumped into the stock market by foreign institutional investors (FIIs). The current levels are unprecedented. But what is the larger picture? Is the impact of the FIIs limited only to the ... More

Investment Nuggets
The public face of the Baltimore-based money management firm, Legg Mason Inc., Bill Miller, is most often cited for his fund's 15-year winning streak against the US stock market index, a feat managed by few others (incidentally, the fund ... More

Money Talk
Mr Pramod Jajoo is Managing Director of India Operations and Vice-President of Engineering at Xora, a company which delivers mobile workforce management solutions. With a B.S. in Computer Science from BITS Pilani and an M. S. in Computer ... More

CALL CENTRE
Inflation worries
If there has been any pet `worry story' for this season, it is inflation. If the Reserve Bank of India and the Ministry of Finance are worrying about inflation, need it be said that you as an investor or consumer should certainly worry about ... More

MUTUAL FUNDS
Fund Talk
I am 30 years old. I have an offer from my bank for a pre-approved personal loan of Rs 2.5 lakh. The EMI will be about Rs 6,600 over 48 months. The rate of interest is 16 per cent per annum. Being a salaried person, paying that EMI is not a ... More

`Lack of opportunities not a concern'
Value unlocking in stocks facing out-of-ordinary conditions may take longer than expected. Hence, the focus on an investment horizon of at least three years. — MR MIHIR VORA, HEAD, FUND MANAGEMENT - EQUITIES, HSBC MUTUAL FUND More

Update
Prudential ICICI Asset Management Company has launched Pru ICICI Fusion Fund Series II. The fund is open for subscription until March 16. It is a three-year close-ended diversified fund that will target the growth and re-rating potential ... More

STOCKS
Jindal Stainless allots equity shares
Jindal Stainless Ltd has informed the BSE that on February 16, the company has allotted 68-lakh equity shares of Rs 2 each (representing 4.92 per cent of the company's paid up share capital) upon conversion of 68-lakh ... More

CREDIT RATING
SEBI expert panel soon to study derivatives segment
Defers decision on mandatory IPO grading More

STOCK MARKETS
Query Corner
Raymond (Rs 374.1): The long-term support for Raymond exists at Rs 290. The stock has reversed from this level in June 2006 but it could not get past the intermediate term resistance that exists at Rs 500. Raymond has entered a long-term ... More

Tech Tools
I am unable to calculate the RSI and RSI (average). The formula for RSI with me is: RSI = 100 - (100/1 + RS), RS = High/ Low. Pramod C. Surya Rao RSI or the relative strength index compares the magnitude of the stock's recent ... More

Reliance
This stock recouped all the losses suffered in the beginning of last week to end the week with a gain of 1.3 per cent. The white star in the weekly candlestick chart with a long lower shadow keeps the short-term outlook positive for RIL. The ... More

SBI
The stock was bludgeoned last week to an intra week low of Rs 1,085. This stock is perched on the edge of a precipice, hanging on to the support at Rs 1,100. The stock needs to sustain above this level to keep the long-term outlook positive. But, ... More

Prominent bulk deals on NSE & BSE
More

Tata Steel
Tata Steel is not yet out of the woods. The recovery towards the end of the week was lukewarm and the stock closed the week with a loss of 2 per cent. The short-term resistance for the stock exists at Rs 468 and then Rs 486. The stock's ... More

Infosys
It was a rocky ride for the investors in this stock last week. The price plunged below our stop loss level of Rs 2,300 and then rose sharply on Thursday to close with a weekly gain of 0.9 per cent. The bullish breakout of the previous week has ... More

ACC
Though ACC took a hit last week that dragged it to an intra week low of Rs 982, the movement last week suggests a corrective wave rather that an impulse wave. The short-term outlook for this stock is neutral. The 50-day moving average will ... More

ONGC
ONGC was unscathed by the mauling that most stocks were subjected to last week. The stock reversed from an intra week low of Rs 860 on Tuesday. Though the stock dipped below our short- term support of Rs 870 last week, the 50-day moving average ... More

Trader's Corner
We take the discussion on pivot point forward this week. Some traders believe that pivot-point trading is more suitable for forex or commodity markets and that equity markets are inappropriate as price manipulations are rampant here. The way to ... More

Baskets of X
More

Bull's Eye
More

DERIVATIVES MARKETS
Nifty positive; but may face resistance
More

RECOMMENDATION
Patni Computers: Buy
Investors with a medium term perspective can consider taking an exposure in the Patni Computer Systems stock. At the current market price, the stock is trading at a price earnings multiple of 23 times its calendar 2006 per share ... More

Birla Midcap Fund: Invest
Birla Midcap has consistently outperformed CNX Midcap in 19 of the past 24 months on a rolling-return basis. Investors can route investments in the fund through SIPs. More

Godrej Consumer Products: Buy
Though rising input costs have exerted pressure on profit margins in recent times, this is being offset by increase in selling prices, as pricing power improves and demand gains traction. More

Hexaware Technologies: Hold
Hexaware expects to double its revenues and post-tax earnings in the next eight-10 quarters. Our cautious short-run view, however, stems from Hexaware's muted first quarter post-tax earnings guidance. More

Raj TV: Avoid
While there could be scope for revenue growth from subscriptions, advertising revenues are likely to remain under pressure, unless Raj really spruces its act on the content front. More

Subros: Buy
Rapid demand growth for passenger cars and Subros' established presence inspire confidence in the stock More

Numeric Power Systems: Buy
The IT and business process outsourcing boom in the country has propelled the demand for UPS. More

IPOS
Time to provide direction to IPO market
In the Budget of 2000-01, the then Finance Minister gave a promise to the Indian Diaspora that the Government will allow Indian exchanges to set up their trading terminals abroad. Even after six years we are unable to install trading terminals ... More

Housing Development Infra plans to enter market
Housing Development and Infrastructure Ltd, a real estate development company, proposes to enter the capital market with a public issue of 3 crore equity shares of Rs 10 each through 100 per cent book building process. The company has filed its ... More

OUTLOOK
Index Outlook
Markets are promising us some edge-of-the seat excitement in the next few sessions. We have the expiry of the February derivative contracts this Thursday followed by the Union Budget presentation three sessions later. Though deep sell offs ... More

Market View
Inflationary concerns continue to have plateaus, assisted by falling oil prices that have benefited from a warmer than expected Northern Hemisphere winter. Therefore, we are again entering a phase of risk-seeking behaviour from ... More






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

E-paper anouncement
Contest

Nifty Companies News
SE Diary
Stock Quotes
Pick a Winner Stock Market Contest


Related Topics
A Ringside View
ADR Watch
Asset Management Companies
Bonus Announcements
Buyback
Cartoon
Chat
Commentary
Debt Market
Derivatives Markets
Ear to the ground
Economic Offences
Financial Markets
Financial Services
F & O Outlook
Foreign Institutional Investors
Insight
Interview
Investment Banking
Investments
Investor Grievances
Investor Protection
IPOs
Mergers & Acquisitions
Mutual Funds
Mutual Confidence
New Fund Offer
Open Offers
Outlook
Overseas Borrowings
Overseas Investments
People
Preferential Allotments
Private Placement
Public Offer
Recommendation
Regulatory Bodies & Rulings
Rights Issue
Sensor
Stock Exchanges
Stock Markets
Stocks
Taxation
Technical Analysis
Venture Capital


Top Stories
India Inc investment pipeline at $500 b: Kamath

Time to provide direction to IPO market

Asian markets recovering lost ground, says Reddy

`Computer kiosks speeding up development in N-E'

Looking back
Feb. 11-Feb. 17
Inflation, an irritant in an otherwise rosy picture

UTI MF may get big pie of new pension fund

Hindalco shares crash 13.74%

ICICI Bank, HDFC Bank ADRs slump

Franklin Templeton eyes overseas investments

ABB India plans stock split, posts 54% rise in net profit

Advt Links:
Lot many investment options- - One Network
Looking for NCFM Professionals / Crash Courses?
Trading On Equities,Commodities Made Easier


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

Copyright © 2007, 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