The Hindu Business Line : Sunday, October 02, 2005

Mid-caps and size: Winning combo for MFs
New funds make an impressive start
IF THERE is one fund-house that dominates the performance chart for the July-September quarter, it is Prudential ICICI Mutual. A host of diversified funds from its stable top the rankings list. SBI Mutual too has ... More

Value stocks outperform funds
It is possible, using a formula-based approach, to identify a portfolio of ten or so stocks that could be winners. But, as such approaches sometimes tend to miss out on certain other factors that determine stock prices, it is good to watch out for sp ecific market trends as well. More

COURTS/LEGAL ISSUES

A moped that got mowed down
OF ALL the wonders that I yet have heard, it seems to me most strange that men should fear seeing that death, a necessary end, will come when it will come, says Caesar to Calpurnia in Shakespeare's Julius Caesar. ... More

MUTUAL FUNDS

Magnum Multiplier Plus: Invest
Exposures may be considered using a systematic investment plan over 12 months. More

SPOTLIGHT
Prudential ICICI FMCG Fund: Hold
THOSE who have a tolerance for risk and can take an active approach to investing can retain their units in the PruICICI FMCG Fund. This sector fund has built up a good three-year record and has outpaced its peers. Business conditions also ... More

FUND TALK
Too many new funds
Investing in a new fund is usually more risky than investing in an established one that has fared well through a complete stock market cycle. More

Templeton India Growth: Hold
INVESTORS in Templeton India Growth can stay invested despite the marked deterioration in performance. The record of Templeton India Growth over a considerably long period has, however, been good. Its strategy to invest in stocks that are ... More

PORTFOLIO MOVES
Sundaram Growth
AUGUST was a month marked by volatility in the market. Even as the momentum in the large-cap space slowed down, the small and mid-caps bucked the trend, making significant gains during the month. There were also shocks to the market in the ... More

Changes in redemption payment

Unitholders of Franklin Templeton Mutual Fund will now receive redemption proceeds of equity, balanced, tax-saving and index funds three days from the date of receipt of the application for redemption, as against the current practice of one ... More

STOCKS

Jindal Steel and Power: Buy
AN investment can be considered in the stock of Jindal Steel and Power. Volume growth from capacity expansion, positive demand outlook, expansion in earnings due to setting up of power business, broader business mix that could weather a cyclical ... More

Matrix Labs: Hold
INVESTORS may retain their holdings of the Matrix Labs stock, which trades at about Rs 190. From our earlier `buy' call on the stock, when it was trading at around Rs 140 (adjusted for the bonus and the stock split), ... More

IDFC: Buy
FRESH investments in the stock of IDFC can be considered. The stock trades at a premium to most finance and banking firms. The valuation, however, is justified considering the growth prospects for the company. IDFC ... More

BOC India: Hold
INVESTORS may consider retaining their holdings of the BOC India stock, which at Rs 180, trades at about 26 times its trailing 12-month earnings. A positive sentiment on the earnings potential has led to a 30 per cent surge in the stock price ... More

Gujarat NRE Coke: Buy
The stock of Gujarat NRE coke can be added to one's portfolio. At its current price, the stock trades at a multiple of about five times its expected per share earnings for the year-ending September 2006. Robust demand for coke, stable outlook for ... More

TECHNICAL ANALYSIS

SBI may turn weak
SBI (Rs 938.6): Contrary to expectations of a marginal downside move, the stock ruled firm during the week. It turned weak on Friday, after hitting the target zone of the Rs 945-950 range mentioned in earlier weeks. The near-term trend is ... More

Short-term correction round the corner
Preferred view: After a jolt in the earlier week, the market sentiment turned bullish during the week gone by. The Nifty moved past the psychological 2600 mark and closed above this level on Friday. The index managed to hold above the ... More

Focus of the week
Crompton Greaves (Rs 663.1): The stock is in a major uptrend. It has been one of the star performers since January 2004. The recent uptrend does not appear complete and the stock could move to the Rs 825-850 range. There is, however, a ... More

Query corner
I have been holding Hindustan Construction for quite a while now. Will it be advisable to sell or hold for further gains? Please also let me have your views on TCS. — M.L. Hittinhalli Hindustan Construction (Rs 1,070): ... More

CARS

Corolla jazzes up to stay on top
STAYING on top is far more difficult than getting there. This holds true in the dynamic and highly competitive world of automobiles too. Car manufacturers have to be constantly in touch with their customers and the ... More

On the new X-Trail
NISSAN Motors India is launching a new special edition version of the company's compact sports utility vehicle, the X-Trail, to commemorate the completion of one year of operations in the country. The X-Trail is the ... More

WHEELS 'N DEALS
Sania to endorse Getz
HYUNDAI has signed tennis star Sania Mirza as brand ambassador for Getz. Hyundai, in appointing the teenage sensation, seeks to woo the younger generation to its hatchback model. Hyundai plans to enhance the production ... More

WHEELS 'N DEALS
Ford's Fiesta
Ford plans to launch the Fiesta in November. A team of Indian engineers working in collaboration with Ford's product development team in the UK, Germany and Australia has developed the sedan to suit the Indian consumer. The sedan would make its ... More

WHEELS 'N DEALS
Hyundai hikes prices, Maruti to follow suit
Hyundai has raised the prices of Getz and Accent by 1.3-1.4 per cent. The prices of the Accent have been hiked by Rs 7,161 and Rs 9,340 for the lower and top ends respectively. The base version of the Getz would be costlier by Rs 5,585 and the ... More

STOCK MARKETS

MARKET PRIMER
How trade-for-trade segment works
Trade for Trade Segment: Trading in this segment is available only for the securities *Which have not established connectivity with both the depositories as per SEBI directive. The list of these securities is notified by SEBI from time ... More

Disclosure
CONSIDER this. You hire a professional money manager, who asks you to buy ITC. She also tells you that she personally holds some shares in the company. There is a conflict of interest. What if she is trying to create more demand for the stock? ... More

FUND VIEW
Long-term market behaviour easier to predict
THE speed and the extent of the movement of the equity market from 6000 levels to 8000 levels in nearly three months has surprised many an investor and observer of the market and also proved many market-timers wrong (recollect the expectation of ... More

DERIVATIVES MARKETS

F & O POINTERS
Positive bias on Nifty
Nifty outlook: Last week, we had indicated that Nifty might head northwards. In line with our expectation, the Nifty moved up with sizzling speed to a record high level. We had advised our investors to go long on Nifty keeping the ... More

NSE bans trading in Videocon Intl
Despite Nifty rising to a new high, trading activity in the derivative segment on the NSE remained relatively muted last week; the average daily turnover was Rs 11,495 crore against the previous week figure of Rs 12,828 crore. Increase in open ... More

INCOME TAX

Father owns house, son chips in to repay loan
I AM staying with my parents. My father owns the house in which I stay. He has taken a housing loan for acquiring this house and my wife and myself are co-applicants to this loan. My father has since retired and he is not filing any income-tax ... More

Real owner benefits
I HAVE booked a 1,200 sq.ft flat in Mumbai. It has a living room, a kitchen and three bedrooms with attached toilets. There is only one entrance to the flat. Two agreements have been entered into with the builder, one for the living room and one ... More

IPOS

aurionPro Solutions: Avoid
INVESTORS could avoid the book-built public offer of aurionPro Solutions made at a price band of Rs 81-90 per share. Even at a lower end of the price band, the IPO is stiffly priced at a price -earnings multiple of 23 ... More

Paradyne Infotech: Avoid
AN INVESTMENT in the initial public offer of Paradyne Infotech need not be considered. The company's financial performance the past two years has been impressive. The valuation of the stock is also attractive. ... More

RIGHTS ISSUE

Simbhaoli Sugar Mills: Invest
SIMBHAOLI Sugar Mills is among the riskier exposures in the sugar sector because of its highly leveraged balance-sheet, inconsistent financial record and the competition in the sector in Uttar Pradesh. However, with ... More

BOOKS

A coach you can bet on!
ZEE has suddenly fallen in love with football. Does that mean we can take investment lessons from a football coach like Joe Moglia, who wrote `The Key to Winning Football: The Perimeter Attack Offense'? If you're sneering, let me add that Joe is ... More

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