Business Daily from THE HINDU group of publications
Sunday, March 09, 2008
ePaper | Mobile/PDA Version
Markets (March 7)
BSE Sensex15975.52 (-566.56)
S&P CNX Nifty4771.60 (-149.80)
US Dollar40.62 (+0.36)


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

MARKETS

INVESTMENTS
No policy barrier on EPF investments in capital market
Trustees have to take a call, says Chidambaram More

DIVIDEND ANNOUNCEMENT
Fund Update
Infrastructure Development Finance Company (IDFC) has acquired a 100-per cent stake in Standard Chartered Asset Management Company and Standard Chartered Trustee Company for $205 million (Rs 830 crore). The two acquired ... More

MUTUAL FUNDS
Principal Growth Fund: Finance favoured
Principal Growth Fund is a diversified equity fund that invests across market capitalisation ranges, with a bias towards large-cap stocks. The fund has 39 stocks in its January portfolio and the top 10 accounted for 38 per cent of the ... More

STOCKS
Query Corner
I hold shares of Unichem Laboratories bought at Rs 145 and Moser Baer purchased at Rs 254. Kindly advise the future prospects of both these companies. R.K. Shyam SundarUnichem ... More

STOCK MARKETS
Active extensions: Harvesting alphas on upside and downside
More

Trader's Corner
Of the innumerable chart patterns that are used in trading, a double tops is perhaps the easiest to identify. Surprisingly, it is a pattern that is also the most susceptible to misinterpretation. Double top formations, as the name suggests, ... More

Reliance Industries
RIL has moved down to the lower end of its current medium-term range between Rs 2,250 and Rs 2,650. The stock has closed below its long-term moving average. The weekly oscillators are also extremely weak portending further downside. The stock ... More

SBI
State Bank of India has moved down towards the medium-term target at Rs 1,800 indicated in our last column. As mentioned earlier, the stock is in a broad medium term range between Rs 1,800 and Rs 2,350. The intermediate term outlook will turn ... More

Tata Steel
Tata Steel has been remarkably steady amid all the carnage on the bourses. The stock moved sideways in a narrow range between Rs 750 and Rs 850 over the last two weeks. The near term trend in the stock is up since the trough formed on ... More

Infosys
Infosys reversed from the resistance at Rs 1,680 and fell to Rs 1,475 as anticipated in our previous column. The swiftness of the fall last week implies that the upward move from the Rs 1,212 low was yet another dead-cat bounce. Infosys ... More

Bharti Airtel
The flood-gates of selling were opened in Bharti Airtel last week once the stock fell below the key support at Rs 820. As written in our previous column, the fall below Rs 790 signifies that the stock is charting the third leg of the ... More

Satyam Computers
Satyam Computers could not manage a weekly close above the key resistance at Rs 460, and eventually slid lower towards the support at Rs 400. The near-term outlook for the stock, however, stays positive. A sideways move between Rs 380 ... More

FOREIGN INSTITUTIONAL INVESTORS
IPOs: FIIs too can take a short-term view
More

Bulk deals on NSE and BSE
More

RECOMMENDATION
CMC: Buy
Investments with a one-year horizon may be considered in the CMC stock, considering its availability at reasonable valuations and bright business prospects. At Rs 808, the share trades at 13 times its current earnings and 10 times its ... More

India Cements: Hold
More

Sita Shree Food Products: Avoid
More

Gammon Infrastructure Projects: Avoid
More

JK Tyres: Buy
More

HDFC Core and Satellite: Hold
Unit holders can retain their holdings in HDFC Core and Satellite. The fund’s performance has seen a slowdown, trailing the benchmark BSE 200 for two consecutive years. During this period, the assets under management, too, have come ... More

Tata Dividend Yield: Hold
Investors can retain the units of Tata Dividend Yield Fund, considering its improving performance over the past three years. The fund seeks to invest in stocks that have a dividend yield higher than the Sensex. The fund has also managed to ... More

OUTLOOK
Index Outlook
It was a week of capitulation for our equity markets. The bulls threw down their arms as wave after wave of grim news-flow from overseas pounded the bourses. Sentiment collapsed and stock prices fell in to a seemingly bottomless pit making the ... More

‘Period of consolidation imminent’
The numbers (in the Budget) suggest that the Finance Minister is preparing for another year of 20 per cent plus growth in tax flows. Consensus estimate of earnings growth for India Inc is closer to 12-15 per cent range for FY 09, and unless ... More

INVESTOR PROTECTION
Stop ‘misselling’ MF schemes, says Bhave
SEBI chief urges industry to regulate distributors More






Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Nifty Companies News
SE Diary
Stock Quotes


Related Topics
A Ringside View
ADR Watch
Asset Management Companies
Bonus Announcements
Buyback
Cartoon
Chat
Commentary
Debt Market
Derivatives Markets
Ear to the ground
Economic Offences
Financial Markets
Financial Services
F & O Outlook
Foreign Institutional Investors
Insight
Interview
Investment Banking
Investments
Investor Grievances
Investor Protection
IPOs
Mergers & Acquisitions
Mutual Funds
Mutual Confidence
New Fund Offer
Open Offers
Outlook
Overseas Borrowings
Overseas Investments
People
Preferential Allotments
Private Placement
Public Offer
Recommendation
Regulatory Bodies & Rulings
Rights Issue
Sensor
Stock Exchanges
Stock Markets
Stocks
Taxation
Technical Analysis
Venture Capital


People's car

P-Note blues

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

Other Top Stories
AICMI strike on March 10

Organised sector may add 10 lakh workers by December: Study

Singapore well positioned to ride India-China wave: Lee

Indian working women more ready, skills-wise

Textile sector woes likely to continue in Q4

Looking back
Mar. 2-Mar. 8
Aftershocks on Monday?

Sharp drop in open interest of stock futures

‘No free lunch in stock markets’

Fresh long positions seen in Reliance, ICICI Bank, SBI

‘Basel II norms to provide resilience against financial, economic shocks’

‘Best time for investing in stocks’

Advt Links:
Opportunity Never waits..Stock/Commodity Tips Create Wealth

The Hindu Shopping
BusinessLine E-paper


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line