MARKETS
STOCK MARKETS:
Mid-cap stocks play catch up
Before this unexpected market rebound got underway, market watchers believed that large-cap stocks were the best option to ride a recovery wave. Mid-cap stocks were widely expected to lag large-cap stocks in a rebound, given the ...
OUTLOOK:
Index Outlook
The weekly candlestick chart of Sensex in which a small star is hanging high above the up-move recorded so far says it all. The fantastic outburst on Monday has taken Sensex in to a different orbit altogether. Though there could be no denying ...
RECOMMENDATION:
Rural Electrification Corp: Buy
Investors can consider buying the Rural Electrification Corporation (REC) stock as it has immense growth prospects. However, phased buying is recommended given the run-up in PSU stocks and the likelihood of a volatile market. The NBFC has ...
RECOMMENDATION:
HCL Infosystems: Hold
Investors can retain their holding in HCL Infosystems, keeping a two-three-year horizon, in light of the company’s ability to tap into domestic IT hardware market, especially from the government and ...
RECOMMENDATION:
Ahluwalia Contracts (India): Buy
Ahluwalia Contracts India (ACIL), a long-established construction contractor, operates primarily in the commercial, residential and industrial contracts space. The stock, at its current price of Rs 62.3, trades at 6.5 times its ...
RECOMMENDATION:
Voltamp Transformers: Buy
A healthy order book, improved volumes in the March quarter, low debt and revival in activity in the transmission and distribution space buttress the earnings visibility for Voltamp Transformers. Investors with a two-three-year perspective ...
RECOMMENDATION:
Franklin India Bluechip Fund: Invest
New investments can be considered in Franklin India Bluechip Fund, based on fund’s good long-term track record. After suffering a setback to its performance (relative to its benchmark and peers) in 2007, the fund made a comeback during ...
STOCK MARKETS:
Equity Funds — Who participated in the rally
After falling many paces behind the bellwether index in the initial part of this stunning stock market rise, equity mutual funds have begun to catch up in recent weeks. Diversified equity funds (as a category) now sport a three-month ...
STOCKS:
More realty cos firming up fund-raising plans
Investor appetite seen for real estate stocks. New Delhi, May 23 With recent qualified institutional placements (QIPs) of Unitech and Indiabulls Real Estate raking-in over Rs 4,000 crore, market watchers believe that more than a half a dozen ...
STOCKS:
Checking out the multi-baggers
If you were keen on buying the multi-baggers in this particular rally, you should have bought small-caps from the beaten down realty and infrastructure sectors on March 9. Thirty-eight of the BSE-500 stocks were multi-baggers in this ...
STOCK MARKETS:
‘We expect the market to trend upwards’
Not only individual investors, even fund managers have been surprised by the speed and extent of the recent market rally. How should investors interpret this rally? Is it a case of too much too soon? Business Line caught up with ...
OVERSEAS BORROWINGS:
No decision on IDR issue yet: StanChart
Mumbai, May 23Standard Chartered Bank is examining listing through an Indian Depository Receipt issue, but no decision has been taken so far, said Mr Neeraj Swaroop, Regional Chief Executive, India and South ...
STOCKS:
Query Corner: What the charts say
I am holding shares of Axis Bank purchased at Rs 1,040 and Om Metals and Infra bought at Rs 38. Where are the short and medium term supports and resistances for these ...
STOCK MARKETS:
Using a trailing stop loss
“Too much too soon” is the view that majority of stock market participants hold on the recent market rally, having been left out of most of ...
STOCK MARKETS:
Did you make money or create wealth?
The recent equity market rally has caught a lot of people by surprise, whether they are investors, brokers, or seasoned fund managers. In fact, many have dismissed this rally as not sustainable, while reasoning why they weren’t able to ...
STOCKS:
Maruti Suzuki
The impetus provided by election results helped MSIL reach our medium-term target of Rs 950. But the buying momentum took the stock beyond this target to an intra-week peak at Rs 1,058. The area around Rs 950 is a key intermediate term ...
STOCKS:
Reliance
RIL sky-rocketed to Rs 2,490 on Tuesday morning before a bout of selling dragged it lower. The stock surpassed our second medium-term target of Rs 2,384 on Tuesday morning, but closed been well below this level. This is a key intermediate ...
STOCKS:
ONGC
We had expected the rally from January low in ONGC to halt around Rs 900 (38.2 per cent retracement of the previous down-move). But last week’s blitzkrieg has taken the heavy-weight to Rs 1,100 that is 61.8 per cent retracement of the ...
STOCKS:
Infosys
Infosys is among the few large-cap stocks that gave up all the gains made in the early week outburst and closed with a loss. The stock crashed 17 per cent from the peak of Rs 1,830 recorded on Tuesday. The medium-term trend has reversed ...
STOCKS:
SBI
SBI too surged far above our conservative medium-term target of Rs 1,500 to record an intra-week peak at Rs ...
STOCKS:
Tata Steel
Tata Steel moved in line with our expectation, breaking out above the resistance at Rs 300 towards our medium term target of Rs ...
STOCK MARKETS:
Nifty future appears to be overbought
With the return of Congress-led UPA in the Lok Sabha elections, this time without the Left parties, the stock markets saw an unprecedented surge. For the first time in the Indian stock market history, the market-wide upper circuit was ...
RECOMMENDATION:
Aries Agro (Rs 43.4): Buy
Investors with medium-term perspective can consider buying Aries Agro. The long-term downtrend in the stock halted in March 2009 and a nascent uptrend is on since then. Prolonged positive divergence in the weekly oscillators implies that ...
FINANCIAL MARKETS:
Inclusive plan to reach goal
I am Rohit, aged 33, working with a financial company. My family consists of four members besides me – my dad, aged 55 and self-employed; my mother, housewife; my wife, aged 33 and working in a bank; and a ...
DIVIDEND ANNOUNCEMENT:
Update
UTI Wealth Builder Fund-Series II has declared tax-free dividend of 8 per cent. The record date for the dividend is May 27. All unit holders registered under the dividend option of the scheme as on May 27 will be eligible for ...
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