MARKETS
MUTUAL FUNDS
MF mysteries unravelled
Sundar Sankaran's Indian Mutual Funds Handbook from Vision (www.visionbooksindia.com) is out in its second edition, with 100-plus+ new pages. "Total mutual fund assets under management at the end of December 2006 were above Rs 3.5 ...
More
Fund Talk
I bought SBI Magnum Tax Gain Fund at a NAV of Rs 57 per unit. Last month, I received a dividend from this fund and the fund's NAV has now declined to Rs 42. I want to know if it is possible to get NAV appreciation in addition to dividends from ...
More
TECHNICAL ANALYSIS
Tech Tools
I am a small investor. I usually like to stay invested in a scrip for a good length of time. However, I also feel that a part of the money, may be around 20 per cent of the portfolio can also be utilised for trading. I also find it difficult ...
More
Trader's Corner
Transacting on the stock markets is a complex activity and leaves even the most hardened investor in a slightly muddled state. The juggling between trading accounts, demat accounts, dealing with the market intermediaries, making sure that you are ...
More
STOCK MARKETS
Stocks on sale!
We Indians are price-conscious; we know what value for money really means and we go out of our way to ensure that we get it. And we all love a good bargain. Case in point: The Big Bazaar Republic Day Sale. The first time Big Bazaar introduced ...
More
ACC
The pre-result rally in ACC ensured that the stock went close to our second short-term target. The momentum slowed down, after the stock registered the intra-week high of Rs 825. The short-term supports exist at Rs 784 and then Rs 762. Strength ...
More
Money Talk
Mr Anil Chopra is CEO and Director of Bajaj Capital, a leading financial intermediary engaged in offering financial planning services and distributing mutual fund, insurance and other financial products. Since his joining the firm in ...
More
Cautious outlook on Infosys
It was a half-hearted show by Infosys in the week following its earnings announcement. Sell signals are evident in the momentum indicators on the daily chart. Volumes were also lacklustre last week. There is a short-term support zone between Rs ...
More
Tata Steel
Tata Steel hit our outer target of Rs 541 and weakened from there to an intra-week low of Rs 495. The consolidation above Rs 490 is a positive sign as it could usher in yet another upward move to Rs 564 and then Rs 573. The important ...
More
SBI
SBI was able to close above both the 50-day and the 200-day moving averages last week. The break-out towards the end of last week was accompanied by strong volumes. The stock was able to attain our outer target of Rs 1,076. The current up-move ...
More
Reliance Industries
Just when the lackadaisical movement in the stock seemed likely to extend for a few more weeks, RIL made a brilliant sprint past its previous all-time high. This move seems like the fifth wave from the June 2006 low. That gives the upward targets ...
More
ONGC
ONGC sailed past our first medium-term target of Rs 907 and is now headed towards Rs 960. The move from the low of Rs 753 in March seems like the third part of the move that began in June 2006. The targets of this wave are Rs 949 and then Rs ...
More
DERIVATIVES MARKETS
More steam left in Nifty futures
More
FOREIGN INSTITUTIONAL INVESTORS
Bulk deals on NSE & BSE
More
RECOMMENDATION
Voltas: Buy
The company's experience in airport projects are likely to serve as reference points and give it an edge in bidding for local airport projects.
More
OptiMix Asset Allocator Multi Manager FoF: Hold
Unitholders who wish to actively switch between equity and debt can stay with the fund, though the fresh investment would hinge on the consistent accuracy of its strategy.
More
SBI BlueChip Fund: Optimistic on pharma
SBI BlueChip Fund, launched in December 2005, collected over Rs 2,850 crore during its NFO. The fund's investment objective is to invest in a diversified basket of equity stocks of companies whose market capitalisation is at least equal to or ...
More
Monsanto: Buy
The seeds business offers high growth potential, though the company's recent financials are uninspiring.
More
DSP ML T.I.G.E.R Fund: Invest
Investments can be considered in DSPML T.I.G.E.R (The Infrastructure Growth and Economic Reforms) Fund; the fund has a good track record relative to the market and its peers over the past three years. It has generated an annualised return of ...
More
Tanla Solutions: Hold
The company's core strength lies in catering to a cross-section of the mobile messaging market, which has robust growth potential.
More
KSB Pumps: Buy
Robust demand from user industries and a tactical shift in the product mix are positives.
More
Query Corner
I hold Karur Vysya Bank and UTI Bank stocks. Do you recommend me to hold or book profit during a rally? Subur Basha Shaikh Karur Vysya Bank (Rs 259): This stock is in a strong long-term up trend. The move since August 2004 ...
More
AIA Engineering: Buy
Investors with a long-term perspective can consider taking exposures in the stock of AIA Engineering (AIAEL), a manufacturer of impact, abrasion and corrosion-resistant high chrome parts. At current market price, the stock trades at about 23 ...
More
VENTURE CAPITAL
Overseas investment in DHFL fund
The Cabinet Committee on Economic Affairs (CCEA) has given its nod for allowing overseas investors to invest up to $250 million in Class B units of DREAM II scheme of DHFL venture capital fund for making investments in FDI ...
More
OUTLOOK
Index Outlook
The first act of the earnings season has the market's approval as the IT and cement companies have jointly staged a satisfying show. The second act is going to be an interesting one with Dr Y. V. Reddy making a special appearance. Since the RBI ...
More
Market View
Stocks now trade at lower valuation levels compared to a couple of months ago. The downside risk may not, however, be over, as the rising interest rate seeps into the earnings estimates over the next few quarters. The auto and home loan growth ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds