MARKETS
NEW FUND OFFER
Update
Principal Mutual Fund has declared a dividend of 15 per cent under the dividend option of Principal Large-Cap Fund. The record date is May 15. Birla Sun Life Mutual has extended the offer period for Birla Sun Life Long-Term ...
More
MUTUAL FUNDS
`It is better to have a calibrated growth than runaway growth'
Whether you don't take an exposure or you take a very large exposure, you are taking a risk by going against the market. Not taking an exposure is also a bet.
More
`We understand the investors' perspective better'
A flexible investing style that will outperform over the long term is a key differentiator of AIG's first India offering. — MR SAURABH SONTHALIA, MD & CEO, AIG INDIA AMC
More
UTI-GSF Services Sector Fund — IT is the sector of choice
UTI-GSF Services Sector Fund was among the earliest theme-based funds launched with a focus on the growth potential of the services sector. In the turbulent market conditions of the past year, some of the prominent diversified funds failed to ...
More
STOCKS
ICICI Bank raises £ 350 m in the sterling market
`Deal generated good investor response'
More
STOCK MARKETS
Query Corner
Please let me have your views on Nagarjuna Fertilisers. Can I buy it at current level with a six-month perspective? Satyavrat Chaudhary Nagarjuna Fertilisers (Rs 20.7): Nagarjuna Fertilisers is currently reversing from the ...
More
`The disciplined, not the flamboyant, make money'
Have patience, evolve your own methodology, buy a company and remain with it, even through its low periods. -- MR SANDEEP SHENOY, STRATEGIST AT PINC RESEARCH
More
Reliance
The doji in the weekly candlestick chart of RIL depicts the indecision prevalent in this stock over the last two weeks. The stock is getting oversold from a medium term perspective. The daily momentum indicators are pointing southwards. The stock ...
More
SBI
SBI steadfastly followed the script we had written out for it, remaining glued to the range between Rs 1,070 and Rs 1,165. This consolidation would normally be construed as a halt before the next leg of the move from Rs 845 unfolds. But the ...
More
Prominent bulk deals on NSE and BSE
More
Tata Steel
It is moving sideways just below important resistance level. A reversal below Rs 575 can start an intermediate term down move that can drag the stock lower to Rs 480. A strong close above this level can take the stock towards Rs 650. This ...
More
Infosys
This stock moved lower to an intra week low of Rs 1,950. As we have been repeating, the medium term outlook is negative for this stock. The short-term trend is neutral. The sideways move since Rs 1,912 seems like the second leg of this down ...
More
ACC
ACC made an intra week high at Rs 895 and reversed decisively from there. The immediate supports for the stock are present at Rs 802 and then Rs 791. A bounce from Rs 790 will be good opportunity to buy with a short-term perspective. Though ...
More
INVESMENT NUGGETS
`Move from bell curve to fractal view'
The bell curve model has not read market movements over the years accurately, says French mathematician Benoit Mandelbrot.
More
ONGC
ONGC failed to rally past Rs 960 and moved lower in a classic zigzag pattern last week. Return of the 10-day ROC to the negative zone indicates that the stock can move towards the next downward targets of Rs 856 and then Rs 836. Short-term ...
More
Trader's Corner
The stock markets have an undeniable influence on the thoughts of the men/women related to it. Traders and full-time investors can think of little else in their waking moments, and in their sleep too. The fascination that the bourses hold for the ...
More
What's Ahead
Bajaj Auto, the country's second-biggest two-wheeler maker, is likely to take a decision on May 17 on the much-awaited move to carve out the company's auto and financial business into two separate entities. Bajaj Auto, Dr.Reddy's ...
More
RECOMMENDATION
GAIL (India): Sell
The GAIL stock appears overvalued at current price given the serious worries over the company's earnings growth prospects in the medium term.
More
HEG: Buy
Investors with a one- to two-year perspective can consider taking an exposure to the stock of HEG, a leading graphite electrodes manufacturer. At current market price, the stock trades at about eight times its likely FY08 per share earnings. A ...
More
Nitin Fire Protection Industries: Invest
The healthy demand for CNG cylinders in both domestic and foreign markets, lends strength to revenue prospects.
More
Sadbhav Engineering: Buy
OPMs above industry average
Robust order book
Joint ventures to aid
BOT bidding
More
DSPML Opportunities Fund: Invest
DSPML Opportunities Fund is a good option for investors looking to capitalise on themes or sectors with high growth potential. The fund's mandate offers it the flexibility to take concentrated bets on a few sectors with potential to outperform ...
More
Franklin India Bluechip: Hold
While Bluechip's investments in the banking sector have paid off, its higher allocation to the automobile sector in early 2006 appears to have hurt performance.
More
IPOS
Public offer: Genpact files on NYSE
BPO major Genpact Ltd announced that it has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its common shares. The joint book-running managers are Morgan ...
More
OUTLOOK
Index Outlook
Markets went into a gentle slide last week. The dearth of positive news flow prevented Sensex from pulling itself higher. Most of the market participants would be glad to see the month of May pass in this mild fashion. Traders, however, had a ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds