In the recently released RBI Annual Report, the central bank maintains its outlook of 7.5-8 per cent GDP growth, given the buoyancy witnessed in IIP indices, lead indicators of services activity and robust export demand. A key ...
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Update
Birla Sun Life Mutual has extended the closing date for the New Fund Offer of Birla Long Term Advantage by seven days till the close of business hours on Friday, September 15. Mr Amit Nigam was designated fund manager of ABN AMRO ...
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Fund Talk
I am a 22-year old software engineer and just started my career. I want to invest in mutual funds in a systematic way, through SIPs. Can you suggest some funds and the right mixture of debt and equity over the long term to build ...
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STOCKS
Dishman Pharma: Buy
Investments can be considered in the stock of Dishman Pharma, which currently trades at Rs 206. Since its initial public offer a couple of years ago, the stock has had a stellar run, rising almost six-fold since. Dishman's business profile is ...
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Bharat Forge: Hold
The acquisitions give the company a substantial advantage in terms of entry into new product categories and a broad customer and manufacturing base.
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Gujarat NRE Coke: Buy
Improving outlook for coke and cost-savings from backward integration are likely to have a positive impact on the company's profitability.
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NIIT Technologies: Buy
A good order-book, balanced geographic spread and the recent acquisition of Room Solutions lends confidence to the stock.
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TECHNICAL ANALYSIS
Index Outlook
It was a quiet week devoid of any major news. The market players in India relieved their boredom by playing a guessing game. The game was to guess when the Sensex would touch 12000. The Sensex was, as ever, at its wilful best, hitting an intra ...
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Range-bound Nifty; Positive for Century Tex
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Trader's Corner
The typical Indian day trader is a social creature. He likes to do his trading surrounded by his friends, the fellow traders in his broker's office. This ensures that the advice from dealers can be sought easily, without having to wait endlessly ...
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Query Corner
Kindly express your views on TVS Motors. Rakesh Sharma, Shailesh Malvankar, Prabhat Mahesh. TVS Motors (Rs 116.5): The long- term trend is still up. Long-term support exists in the zone between Rs 75 and Rs 80. This zone ...
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Tech Tools
I hear some of the counters have exhibited reduction in the Open Interest. Does this not indicate bearish trend in these counters. How does the discount and premium on future contracts of September and October reflect in the Index ...
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Reliance
Reliance Industries moved in an extremely tight range between Rs 1,110 and Rs 1,145 last week. This stock has been unable to breakout of this range since August 25. Since this consolidation comes after a perfect five-wave move from the low of ...
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SBI
The inference is that there can be a short-term correction to Rs 915 but the medium term outlook is still bullish. There can be one more upward moving wave to Rs 980. Hold your longs with a stop at Rs 910. Do not initiate fresh longs if ...
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Tata Steel
Tata Steel had a strong run last week. Tata Steel recovered from a low of Rs 501 on Monday to close with a weekly gain of 4.6 per cent. The short-term outlook is positive and there can be a rally to Rs 540 next week. But, the price has ...
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Infosys
Infosys hit a high of Rs 1,855 on Monday before sliding lower according to our expectation. Some caution is required here as the weekly oscillators are beginning to signal a sell from overbought territory. Weekly volumes have also been abysmal ...
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ACC
The stock spurted upward on Tuesday and then held its ground for the rest of the week, finally ending with a gain of 3.3 per cent. The price hit an intra week high of Rs 957. Wave patterns continue to look bullish. The upward targets this ...
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Tata Motors
Tata Motors had a strong run last week, finally breaking out of the sideways range that it was confined to since 21st August. The daily momentum oscillators have again given a buy signal. The weekly oscillators are robust. There was an ...
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CARS
Toyota's drive at Executives
Toyota is celebrating the Corolla's four decades of global leadership. Commemorating this milestone, Toyota Kirloskar Motor India has launched a new variant of the sedan. The new Toyota Corolla Executive will be targeted at bringing the car ...
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With X-Pecial, Nissan strikes out on new Trail
Nissan offers a new X-Trail variant with changes to the exterior and some trim options.
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STOCK MARKETS
Baskets of X
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Bull's Eye
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Rationalising events
There was an e-mail sometime back that showed how absurd stock market reports could get. The e-mail carried an article from a newspaper that said that equity prices moved up because of expectations that ...
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DERIVATIVES MARKETS
Options Guide
Call option: A call option gives the buyer `the right but not the obligation' to buy the stock at a specified price on a future date. Put option: A put option gives the buyer `the right but not the obligation' to sell a stock ...
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MORTGAGE
Reverse Mortgage Have your home and earn from it too
How about living in your own sweet home and still earning enough money without selling it? Sounds interesting.
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INTERVIEW
Honda for a small but value car
"We want to give the latest model to Indian customers. That is what they expect from us. Small is not necessarily cheap and uncomfortable." MR MASAHIRO TAKEDAGAWA, PRESIDENT AND CEO, HONDA SIEL CARS INDIA
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INCOME TAX
No tax on this gift
I am a bank employee. My gross annual income is around Rs 3 lakh. My wife is a housewife and so is my married daughter. I want to invest my savings in shares and mutual funds. Keeping in mind the tax payable on the earnings by way of dividend ...
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IPOS
Gwalior Chemical Industries: Invest at cut-off
Gwalior Chemical proposes to sustain its revenue growth by expanding its existing product lines and foraying into new products.
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Richa Knits: Avoid
With no distinct competitive advantage and a lack of scale, the company's ambitious expansion plans in the garments business might not translate into a commensurate growth in revenue and earnings.
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BOOKS
How to help the wealthy manage their money
`A complete, systematic, turnkey framework for the aspiring planner to follow.'
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