THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, October 22, 2001

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Markets

Mutual Funds
Time to pick up the threads
``IT'S time to be greedy''. This unusual slogan comes to you, courtesy Zurich India Mutual Fund which has used it to underline its latest view on the equity markets. Zurich's stance, it can be safely assumed, is a reflection of what the entire mutual fun d industry is trying to tell investors at the moment -- get up, shake off the September 11 blues and buy now to reap benefits later.

Policy
Sunset clause on ECBs: High noon?
IN the run-up to the Budget this year, when discussions on a proposal to introduce a sunset clause for the exemption of interest on external commercial borrowings (ECBs) were going on, the Department of Economic Affairs (DEA) balked, saying that it was a retrograde step.

Stocks
Bulls all set for a rally?
IS it the bull rally of the bear market? Or is the imminent technical reaction, expected by many analysts and chartists towards the end of the week, only a correction in the emerging long-term bull market?


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