MARKETS
INVESTMENTS:
Make high interest rates work for you
Rising inflation and spiralling interest rates have infused a big dose of uncertainty into the outlook for stocks and made them lurch wildly between one trading session and another. But these very factors present a window of opportunity for debt ...
STOCKS:
Institutional investors buy ‘out-of-favour’ sectors in July
FIIs continue to ‘net sell’ in bulk deals. What are institutional investors buying, with the Sensex hovering at 13k levels? ...
STOCKS:
Reliance Infra
Reliance Infrastructure moved higher past our short-term target at Rs 850, but the trading was extremely volatile last week. The sharp reversal on Friday can pull the stock lower towards Rs 740 or Rs 660 in the near-term. Short-term traders ...
STOCKS:
Reliance
Reliance Industries moved in an extremely narrow band between Rs 2,000 and Rs 2,100 last week. The odd intra-day decline below Rs 2,000 could not sustain due to buying interest at those levels. The stock has completed a five-wave move from Rs ...
STOCKS:
SBI
This stock sustained above the key long-term support at Rs 1,000 and moved higher to achieve our short-term target at Rs 1,260. ...
STOCKS:
Infosys
This stock recorded a sharp reversal on Friday forming a bearish engulfing candle in the daily chart. This move has also made the stock close below both the 200 and 50-day moving averages and also below the key medium-term support at Rs 1,700. ...
STOCKS:
Tata Steel
Tata Steel did not decline below the key long-term support at Rs 600; recovering from an intra-week trough at Rs 631. ...
STOCKS:
Unitech
Unitech moved in a very narrow range between Rs 155 and Rs 175 for yet another ...
MUTUAL FUNDS:
‘We will not take any aggressive credit calls’
Bharti Axa Investment Managers has made its foray into the domestic mutual fund industry with the launch of two fixed income funds — Bharti AXA Liquid Fund & Bharti AXA Treasury Plus. In an interview with Business Line, ...
STOCKS:
Query Corner
I have bought Himachal Futuristic Communications at Rs 25. Shall I exit the stock or buy more to average? ...
OUTLOOK:
Index Outlook
The Sensex withstood the political turmoil caused by the Left parties’ withdrawal of support to the Central Government remarkably well in the early part of the week. But it buckled under the barrage of negative reports from the economy ...
RECOMMENDATION:
Welspun Gujarat Stahl: Buy
Investors with at least a two-year perspective can buy the stock of Welspun Gujarat Stahl Rohren, a leading manufacturer of steel pipes in the country. ...
STOCK EXCHANGES:
BSE discussions remain inconclusive
The board of Bombay Stock Exchange on Saturday took up the matter of finding replacements for two of its members who had resigned recently. The issue of BSE’s investment in National Multi-Commodity Exchange was also discussed at the ...
REGULATORY BODIES & RULINGS:
SEBI to get 2 new members soon
The Securities and Exchange Board of India will soon get two new whole-time members. Mr M.S. Sahoo, who was earlier a director in Finance Ministry, and Mr Abraham, an IAS officer from Kerala, are tipped to be appointed as SEBI whole-time members, ...
FINANCIAL MARKETS:
Tatas plan foray in global financial services
Set to float subsidiary in Singapore; big opportunities overseas seen. Mumbai, July 12 Buoyed by its successful overseas forays in the manufacturing sector, the Tata Group is now testing the waters in international financial ...
INVESTMENTS:
Investment Nuggets
John C.Bogle is the founder and former CEO of Vanguard Group. He started his career in Wellington Management Company. Today, Vanguard manages $1.3 trillion and more than 150 domestic products are available. ...
RECOMMENDATION:
Tata Power: Buy
The Tata Power stock has declined sharply in the ongoing market correction. The stock has shed 40 per cent from the peak registered in early January which is in tune with the erosion suffered by the benchmark Sensex over the same period. At ...
RECOMMENDATION:
Grasim Industries: Buy
The stock of cement-maker Grasim Industries looks an attractive buy for investors with a long-term view. At the current market price of Rs 1710, the stock trades at 8 times its standalone earnings and six times its consolidated earnings for ...
RECOMMENDATION:
Glenmark Pharma: Hold
Investors with a low-risk appetite can avoid taking fresh exposures in the stock of Glenmark Pharmaceuticals at the current levels (Rs 630), given its rich valuations. Glenmark, an integrated pharma major with capabilities in drug discovery ...
STOCK MARKETS:
Tech School
Reversal patterns are very useful to chartists in anticipating a change in the prevalent trend. We took a peek at what reversal patterns are and the intricacies of the head and shoulder pattern in our last tech school. We move on to triple top ...
STOCK EXCHANGES:
Mandatory systems audit for bourses, depositories mooted
New Delhi, July 12 The Securities and Exchange Board of India has decided to ask stock exchanges and depositories to undertake annual systems audit and submit reports of such an exercise to the capital market ...
RECOMMENDATION:
Bartronics: Buy
Mid- and small-cap stocks often bear the brunt of a steep market correction such as the present one. These stocks also face higher challenges in terms of making a comeback. Stocks (in this segment) with strong business prospects, sustainable ...
RECOMMENDATION:
Magnum Contra: Invest
The current market correction has provided an opportunity for fresh investors to build a portfolio of core funds with a solid track record. Magnum Contra, with a nine-year track record, has not only performed well in market rallies but ...
PERFORMANCE TRACKER
MUTUAL FUNDS:
Closed-end funds: Uninspiring show
If you participated in new fund offers in 2007, chances are you hold at least one or two closed-end funds. These funds, which close for fresh subscription after the initial offer period and lock in your investments for a specific period, were ...
RECOMMENDATION:
HDFC Growth: Hold
Unit holders can retain their holdings in HDFC Growth Fund, given the fund’s improved performance in recent years. The fund’s three-year return, however, reflects the underperformance in the earlier years. ...
FIRST LESSONS
FINANCIAL MARKETS:
Diversify, to cut risk
You now have a fair idea of the different types of risk. But is there some objective mechanism whereby we can say Investment X is riskier than Investment Y? Yes, we can, by computing the standard deviation of the returns of the investment ...
DERIVATIVES MARKETS:
Nifty futures likely to be rangebound
The Nifty July future was confined to the 3800-4300 range last week. The future gained about one per cent last week to close at 4021.2 against the previous week’s close of 3979.05.The discount, which was 37 points at the end of the ...
DO THE DERIVATIVES
STOCK MARKETS:
How to make money when you are only mildly bullish
Mildly bullish, but don’t have the stomach to put up with the daily market ups and downs? Bull put spreads may fit your risk appetite to the tee. ...
MUTUAL FUNDS:
Fund Talk
I am 54 and have another six years of service. I hold the following funds: Birla International Equity, DBS Chola Infrastructure, DSPML Natural Resources, DSPML Opportunities, DSPML Technology.Com, FT India Balanced, HSBC Dynamic, ...
MUTUAL FUNDS:
Fund Update
The new fund offer period of ING Latin America Equity Fund has been extended by eight days. The NFO now closes on July ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds