MARKETS
FINANCIAL SERVICES
February sees big drop in new demat accounts
Mumbai, March 29 The market turmoil of the last two months has put brakes on new demat accounts. The number fell more than 50 per cent in February, compared to January.January figures at Central Depository Services Ltd (CDSL) and ...
More
INVESTMENTS
Health insurance: A revised and enlarged menu
Health insurance in India has traditionally been associated with one name – “Mediclaim”. Though many of us don’t realise it — Mediclaim is actually a brand name, which acquired the status of a generic product ...
More
DIVIDEND ANNOUNCEMENT
Fund Update
Principal Mutual Fund has announced a dividend of 80 per cent under Principal Tax Savings Fund. The record date is March 31.Franklin Templeton Investments has announced maiden dividend under the ...
More
MUTUAL FUNDS
SBI MF, Dhanalakshmi Bank tie up for product distribution
SBI Mutual Fund has formalised its tie up with the Kerala-based Dhanalakshmi Bank for distribution of its investment products through the bank. The tie-up would qualitatively enhance SBIMF’s reach in the category of mutual fund ...
More
Magnum Equity Fund: Energy retains charge
Magnum Equity is a fund that invests mainly in large-cap (Rs 10,000 crore) stocks. The investment in mid and small-cap stocks is at insignificant levels. The stocks in the portfolio indicate that the fund invests in highly liquid stocks. The ...
More
Fund Talk
More
STOCK MARKETS
Banks may take a hit on investment portfolios
Double whammy of lower bond prices, falling equity
More
Query Corner
I have purchased Numeric Power Systems at Rs 960 per share. What is the prospect of this company for the long-term? K.A. NagarajNumeric Power Systems (Rs 534.9): This stock underwent ...
More
CalPERS widens India investments
California Public Employees’ Retirement System (CalPERS), America’s largest pension fund with an over $600 million (Rs 2,400 crore) exposure in Indian equities, remains confident of the market’s long-term growth prospects, as ...
More
DO THE DERIVATIVE
When to use the Long Straddle
Long straddles are best suited for times when you are sure of a decisive move in the market, but are not sure of the direction of such a move.
More
Reliance
RIL recovered above the near-term support at Rs 2,120 and moved to our first resistance at Rs 2,336. Though the short-term trend is currently up, the stock is poised just below its 200-day moving average and the momentum indicators in the ...
More
SBI
Though SBI rallied strongly in the early part of last week it slid lower towards the weekend thus belying the strength in this up trend. The stock could now spend a couple of weeks moving in the band between Rs 1,600 and Rs ...
More
Tata Steel
Tata Steel recorded an intra week low at Rs 575 before rebounding strongly. Since the first target for the C wave from January peak was at Rs 594, an intermediate-term trough could have been formed at this trough. The stock could now form an ...
More
Infosys
Infosys reversed strongly to move to our short-term resistance at Rs 1,550. Though the formation of the higher trough at Rs 1,301 is encouraging, the near-term outlook stays cautious till the stock closes conclusively above Rs 1,550. A ...
More
Bharti Airtel
Bharti Airtel moved higher to the second target at Rs 850, indicated in our previous column. We had also propounded the arguments for the formation of a long-term trough at Rs 700 last week. The movement of the stock last week is promising and ...
More
Satyam Computers
The strong upward thrust in Satyam Computers was arrested at the intra week peak at Rs 424. The key resistance to watch next week is at Rs 424. Inability to move past this resistance would mean that the stock is moving down to Rs 370 or Rs 312 ...
More
Trader's Corner
Anyone who has dabbled with charts would agree that one of the easiest tools available in technical analysis is the moving average. It gives buy and sell signals at the apt juncture that can be used by traders and investors alike to take or ...
More
FOREIGN INSTITUTIONAL INVESTORS
Following the bulk deal trail to time your investments
More
Derivatives: Is delivery-based market design optimal?
More
RECOMMENDATION
Larsen & Toubro: BUY
With a diversified order book, proven execution skills and a strong balance sheet, Larsen & Toubro (L&T), India’s largest engineering conglomerate, is better-positioned to weather risks such as firm commodity prices and a ...
More
Tech Mahindra: Buy
More
Indo Tech Transformers: Buy
More
Coromandel Fertilisers: Buy
More
Wockhardt: Buy
More
Sundaram BNP Paribas Select Focus: Invest thru SIP
Recent market declines may offer a good opportunity for investors to acquire exposures to frontline stocks in the listed space. Those looking to do so can consider investing in the Sundaram BNP Paribas Select Focus Fund. Despite a sharp ...
More
Birla Sun Life Frontline Equity Fund: Invest
Birla Sun Life Frontline Equity Fund has been a consistent performer over a three and five-year period. It has outpaced the benchmark and category average over these time frames. The fund predominantly invests in large-cap growth ...
More
OUTLOOK
Index Outlook
Last Tuesday’s fireworks has dispelled the gloom and led some quarters to hope that the elusive ‘bottom’ is finally in sight. The recovery was spurred by a surge in equity prices across the globe, and for once, no one was ...
More
What’s ahead?
The Government is going to decide whether it should sacrifice a bit of growth to contain inflation. Data emanating last Friday showed that the wholesale price index inched closer to 7 per cent, its highest levels in 14 months. The data ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|