Business Daily from THE HINDU group of publications
Sunday, June 01, 2008
ePaper | Mobile/PDA Version | Audio
Markets (May 30)
BSE Sensex16415.57 (+99.31)
S&P CNX Nifty4870.10 (+34.80)
US Dollar42.53 (-0.35)


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

MARKETS

FINANCIAL SERVICES
HOW TO GUIDE
Get your portfolio managed
More

INVESTMENTS
Shield your portfolio from inflation
More

Is there a bubble within the super commodity cycle?
More

NEW FUND OFFER
Fund Update
Birla Sun Life Mutual Fund has announced the change in the load structure in Birla Dynamic Bond Fund. The fund will charge an exit load of 2 per cent on redemptions or switch outs made within 180 days of date of ... More

MUTUAL FUNDS
Market-neutral funds: Transporting alpha
More

Reliance Equity Opportunities: Optimistic on info-tech
Reliance Equity Opportunities is an open-ended equity scheme with the objective of investing in stocks across sectors and market capitalisations. The fund seeks to invest in value and growth stocks, and is not aggressive in churning its ... More

FUND TALK
‘My portfolio has too many funds with low returns’
More

STOCK MARKETS
Sterlite wins bid for Asarco
$2.6-b cash deal is subject to US bankruptcy court approval More

Query Corner
What is the technical view on Apollo Tyres purchased at Rs 45? K.RammohanApollo Tyres (Rs 42.1): This stock has been moving sideways in the range between Rs 20 and Rs 40 since 2004. ... More

Market may move in a narrow range
The stock markets declined further last week on the back of FIIs unwinding their positions. The Nifty future slipped by about 1.9 cent to end at 4850.1 against the previous week close of 4945.2. The rollover statistics of Nifty future also ... More

DO THE DERIVATIVES
Interpreting rollover statistics
More

Tech School
Having discussed the basic properties of a moving average and the two popular kinds of moving average, simple and exponential, let us now move on to other more complex ways of calculating the moving average line. Moving average line can ... More

Reliance Industries
Reliance Industries moved in line with our expectation towards the medium-term target at Rs 2,400. The stock closed below the 200-day moving average on Friday accompanied by heavy volume. The oscillators in the daily chart are also signalling ... More

SBI
SBI crashed below the medium-term support at Rs 1,600 last week, corroborating our view that the stock has launched in to the third leg of the down-move from the January peak. The targets are as mentioned last week – Rs 1,337 and then Rs ... More

Tata Steel
Tata Steel put up a relatively resilient show last week, remaining in the sideways range between Rs 850 and Rs 920. The near-term outlook stays positive since this shallow correction can be followed by an upward break-out to the ... More

Infosys
Infosys reversed from an intra-week trough at Rs 1,792 and is once more knocking at the resistance at Rs 1,950. The stock could attempt to move to Rs 2,010 in the near-term. But short-term traders should watch out for a bout of ... More

Unitech
It was a week of capitulation for Unitech as it slid helplessly below the support at Rs 245. The immediate target for the stock is the long-term trend line positioned at Rs 224 and the key retracement support at Rs 208. These ... More

Reliance Infra
Reliance Infrastructure moved sideways with a negative bias last week. A re-test of the trough at Rs 1,100 is definitely on, in the short-term. But an upward reversal from there can result in a sideways move in the band between Rs 1,100 and Rs ... More

What’s Ahead
With results season finally entering the last lap, the markets are less likely to look for domestic triggers. Better-than-expected March quarter GDP figures but high inflation numbers neutralise the chances of a secular move as markets are ... More

FOREIGN INSTITUTIONAL INVESTORS
Prominent bulk deals on NSE and BSE
More

RECOMMENDATION
Sun Pharma: Buy
Investors with a 3-5 year perspective can buy the stock of Sun Pharmaceutical Industries (Sun), an integrated speciality pharmaceutical company that manufactures and markets generic medicines in India, US and several other markets. ... More

Indraprastha Gas: Buy
More

Gemini Communication: Hold
More

Thermax: Buy
More

Fidelity Special Situations Fund: Hold
After an impressive start in 2006, the Fidelity Special Situations Fund has suffered a slippage in performance in recent times. A sharp decline in the fund’s NAV during the recent market correction has trimmed its one-year return ... More

Magnum Balanced Fund: Invest
Magnum Balanced Fund appears to be a reasonable investment option for investors who prefer a mixture of equity and debt. Its five-year track record is impressive, with returns of about 40 per cent being well ahead of the category average. The ... More

IPOS
MACRO TRACKER
Waning primary markets
Resources mobilised in the primary market grew by about 57.5 per cent in 2007-08 with companies raking in over Rs 2.08 lakh crore through local and overseas offerings. While both the domestic (IPOs, rights offers, private placements) and the ... More

OUTLOOK
Index Outlook
The month of May did live up to its reputation. It brought the Sensex’ upward march to a halt and pushed it 900 points lower. But most market participants would be relieved at escaping this lightly given the concerns on the inflation and ... More

Growth story will sustain
Even without the extraordinary circumstances of 2008 and inflation sources that are now negative for India Inc, high growth-high inflation environment inevitably leads to margin pressures. That is why reasoned voices welcomed the RBI’s ... More

INVESTOR PROTECTION
Reading between the lines
Company announcements 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


Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Coal India enters into firm pacts with most customers

About 40 cos to be part of CII green gases project

Ensure loan waiver for all eligible farmers, banks told

Essar’s Raniganj block likely to begin gas output by year-end

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


Smartbuy



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