MARKETS
STOCKS:
LIC shows appetite for bank stocks
Investments acted as counter to FII selling. Mumbai, May 2 Life Insurance Corporation of India appears to have taken a shine to investing in Indian banks in financial year ...
OUTLOOK:
Index Outlook
Equity markets maintained a nonchalant attitude last week despite many unsettling developments. First it was the swine flu that sent a tremor through financial markets, then there were reports of large US banks needing additional ...
RECOMMENDATION:
Bank of Baroda: Buy
Fresh investments can be considered in the Bank of Baroda (BoB) stock as the valuations look cheap relative to the bank’s growth prospects. The stock (at Rs 327) is trading at a marginal premium to its March 2009 book value of Rs ...
RECOMMENDATION:
Shree Cement: Buy
We reiterate our buy on the stock of Shree Cement at the current price of Rs 774 as there is potential for upside, given the stock’s discounted valuation and emerging ...
RECOMMENDATION:
Carborundum Universal: Hold
Shareholders can continue to hold the stocks of Carborundum Universal, an established player in the abrasives and industrial ceramics space. Helped by a well-diversified user industry base, the company appears to have done well to stave off ...
RECOMMENDATION:
GlaxoSmithKline Consumer: Buy
With a limited product portfolio and unexciting historic growth, GlaxoSmithkline Consumer Healthcare (GSK Consumer) has traded at a significant valuation discount to FMCG peers, in the stock market. However, the company’s stock now ...
RECOMMENDATION:
Franklin India Flexi Cap Fund: Invest
Investors with a long-term horizon can consider adding Franklin India Flexi Cap Fund to their portfolio. Besides a track record showcasing consistency , what also strengthens the case for investing in this fund is its improved scorecard ...
RECOMMENDATION:
IDFC Premier Equity: Invest
Investors with a penchant for high risk can consider investment in IDFC Premier Equity Fund (formerly Standard Chartered Premier Equity) based on its three-year track record. Investors planning to construct a portfolio with mid-cap funds ...
FINANCIAL MARKETS:
Emotions in investing
Everyone would like to think that we are logical and rational in decision making. We do not realise that emotional decision making is the default option for most of us. A wide variety of human errors stems from perpetual ...
STOCKS:
Query Corner: What the charts say
I have purchased Aptech at Rs 210 and Brigade Enterprises at Rs 370. What are the medium and long-term prospects of these ...
STOCK MARKETS:
Nifty futures at a critical juncture
The three-day trading week saw Nifty future end on a flat note as Wednesday’s smart recovery ensured that previous two sessions losses were ...
STOCK MARKETS:
Meeting line and separating line
Meeting line and separating line candlestick patterns seem to be related patterns, but they are not. Meeting line is a reversal pattern while separating line is a continuation pattern. The similarity is that both these are ...
STOCKS:
Reliance Industries
It was a one-day-up-one-day-down kind of a move in RIL last week. The short-term trend in the stock is sideways between Rs 1,670 and Rs 1,850. Though the stock could test the upper boundary of this range in the short-term, presence of ...
STOCKS:
Maruti Suzuki
Maruti stayed volatile in the range between Rs 770 and Rs 820 last week. As explained in our last column, the short-term trend in this stock is weak. Key short-term resistance for the stock is at Rs 826. Failure to rally above this level ...
STOCKS:
SBI
It was yet another star formation in the weekly candlestick chart of SBI signalling indecision. This stock is moving in the range between Rs 1,200 and Rs 1,350 over the short-term. Short-term traders can buy in declines as long as it holds ...
STOCKS:
Infosys
Infosys recorded a strong 5 per cent surge on Friday to end the week on an upbeat note. As we have been reiterating, the stock has key medium-term resistance at Rs 1,450. A strong close beyond Rs 1,450 will indicate that the rally from ...
STOCKS:
ONGC
ONGC too is struggling to surpass the key resistance at Rs 920. We continue to advise caution since a reversal from this level can cause a correction back to Rs 600 over the medium-term resulting in a sideways move between Rs 600 and Rs 900 for ...
STOCKS:
Tata Steel
The correction that began from the April 15 peak got deeper and Tata Steel ended the week down 8 per cent. Target of the third leg of the down-move from this peak are Rs 233 and Rs ...
STOCKS:
Prominent bulk deals on NSE and BSE
...
MUTUAL FUNDS:
International Funds — Trailing benchmarks
The equity markets rallied smartly over the last month and a half, with bellwether indices gaining over 35 per cent in this period. Globally, too, markets around the world made substantial gains during this time. But diversified funds did ...
MUTUAL FUNDS:
Fund Talk
I invested small amounts in ICICI Pru Index Fund Nifty Plan and HDFC Index Fund Sensex Plus Plan on a clear understanding that with the rise in the index, my investments will grow on a long-term basis. However, my mutual fund ...
MUTUAL FUNDS:
Update
Bharti AXA Mutual Fund has revised the load structure under Bharti AXA Equity Plan and Bharti AXA Tax Advantage Fund. Under Bharti AXA Equity Fund an entry load of 2.5 per cent will be applicable for investment less than Rs ...
Columnists:
•
Harish Bijoor
•
Ramanujam Sridhar
•
S Ramesh Kumar
•
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds