STOCKS
Moschip offers stock options
Moschip Semiconductor Technology Ltd has informed the BSE that the company's Compensation Committee has granted 4.26-lakh stock options to the eligible employees and its subsidiary under the Moschip Stock Option Plan 2005 and ... More

STOCK MARKETS
Query Corner
I have bought Himachal Futuristics at Rs 45. What should I do now? Should I sell it? Munmun. B Himachal Futuristics (Rs 22.2): The stock had a dream run from Rs 18 to Rs 50 in the first few months of 2006. The May crash saw ... More

Reliance
RIL moved in an extremely narrow band between Rs 1,383 and Rs 1,341. As mentioned last week, the stock has retraced exactly 30 per cent of the up-move recorded from the June 2006 low. This reflects inherent strength in the stock. The ... More

Prominent bulk deals on NSE & BSE
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SBI
SBI could not move past Rs 1,050. It has dipped below the 200-day moving average again . Though, the oscillators in the daily chart are signalling a buy, the weekly charts are not yet conforming. Short-term supports for the stock would be at ... More

Tata Steel
Tata Steel did not make any decisive move last week. It could not get past Rs 450, emphasising that the medium-term outlook continues to be weak for this stock. Momentum indicators are just beginning to look up in this stock. But a setback ... More

Infosys
Infosys was one of the worst affected in last week's sell-off. The stock moved down to our first target of Rs 1,961. It has halted just above its 200-day moving average. Ten week ROC has moved in to negative and the 14-week RSI is at 44. ... More

ACC
A lackadaisical movement was observed on ACC last week. Short-term resistances for the stock are at Rs 816 and then Rs 868. Inability to surpass these levels will keep the short-term outlook weak. The intermediate-term trend will turn positive ... More

ONGC
It was yet another strong performance from ONGC last week with a gain of 4 per cent. The stock has moved past the resistance at Rs 868 and seems to be headed towards our next target of Rs 938. The strong up-move suggests that this could be third ... More

Trader's Corner
Stocks seldom open at the same level at which they closed in the previous session. When they open well above the previous session's high or below the previous session's low, they form a `gap' in the chart. The Japanese, in their picturesque ... More

DERIVATIVES MARKETS
Derivatives market review panel
The Securities and Exchange Board of India (SEBI) has set up a `Derivatives Market Review Committee' to look into the developments in the derivatives market. The committee members include Prof M. Rammohan Rao, Dean, Indian ... More

EVENTS
Stock market contest
Among the entries received for the stock contest held during March 2007, the stock of Shree Renuka Sugars recorded the maximum gain. Its share price rose from Rs 317.6 to Rs 467.5 during the month. Out of about 400 entries received, there were ... More

RECOMMENDATION
Marico Industries: Buy
FMCG stocks appear to be a good defensive proposition for investors under current market conditions, given the companies' strong cash coffers, low debt in the balance sheet and the relatively low sensitivity of consumer spends (on FMCGs) to ... More

Elecon Engineering: Hold
Increased capex in user industries, change in product mix and entry into new businesses spell good times for this company. More

Reliance Communications: Hold
The company will be one of the beneficiaries of the multi-year mobile expansion story. However, allocation of spectrum and competition are key concerns. More

DSP-ML Equity Fund: Invest
DSPML Equity has adopted a flexi-cap strategy to manage risks and deliver consistent returns. More

B. L. Kashyap and Sons: Hold
The company is relatively insulated from uncertainties in land development or correction in market price of land, which have affected construction stocks. More

Tata Service Industries: Hold
Investors can stay with Tata Service Industries Fund, which, with 19 per cent return over the past year, marginally under-performed its benchmark Sensex. It has, however, beaten its benchmark in 16 of the 23 months since launch, on a rolling ... More

UTV Software: Buy
UTV is in a heavy investment phase as it forays into new media platforms. It will take time before its investments deliver, making the stock more suitable for aggressive investors. More

OUTLOOK
Nifty may resume negative journey
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Index Outlook
Sensex hit a slippery patch last week. It, however, did a commendable good job of holding steady despite a spiralling rupee, zooming crude prices, hawkish Bernanke-speak and inflation that refuses to come down. The Reserve Bank of India has ... More

INVESTOR PROTECTION
SEBI moots watchdog for investment advisors
The Securities and Exchange Board of India (SEBI) is in favour of creating a private sector self-financing regulatory organisation (RO) as the first level regulator for investment advisors. The RO should develop principle-based regulations ... More