MARKETS
MUTUAL FUNDS:
Redemption worries on equity funds overdone
New fund offers have fewer takers; gilt funds see inflows in October. Chennai, Nov. 8 Worries about the mutual funds suffering huge redemptions in the month of October appear a little exaggerated, especially on the equity ...
OUTLOOK:
Index Outlook
Even as the world raised a toast to United States of America that voted for a new order in which racial hierarchy ceases to matter, stock markets reversed downwards. It was probably President-elect, Barack Obama’s grim reminder about ...
RECOMMENDATION:
Mahindra and Mahindra: Buy
The Mahindra and Mahindra (M&M) stock has shed over 30 per cent since our earlier recommendation in end-September. While a large part of the fall can be attributed to broader market volatility, a fall in profits in the second ...
RECOMMENDATION:
YES Bank: Buy
Investors can consider accumulating the YES Bank stock at the current market price (CMP) of Rs 81.9. The stock has gained 49 per cent from its all-time low of Rs 55 on October 27, but remains a good investment option for investors with ...
RECOMMENDATION:
IRB Infrastructure Developers: Buy
We reiterate a buy on the stock of IRB Infrastructure Developers. The stock had taken a sharp hit over the last few months on concerns of high interest rates affecting project internal rate of returns (IRRs). Signals of a softening interest ...
RECOMMENDATION:
IDFC Classic Fund: Invest
Investments with a long-term perspective can be considered in IDFC Classic Fund. Our recommendation is underpinned by the fund’s sound portfolio of fundamentally strong companies that hold potential to generate superior ...
RECOMMENDATION:
Templeton India Pension Plan: Invest
Templeton India Pension Plan is an open-ended debt-oriented balanced fund with maximum allocation of 40 per cent to equity, and the rest in debt. The fund marginally beat the category average over a five-year time-frame and outpaced the ...
MUTUAL FUNDS:
Dealing with the FMP scare
Investors, seeking shelter from vicious swings in the equity market, have poured money into fixed maturity plans (FMPs) floated by mutual funds over the past ten months. “Indicative yields” provided at the outset, protection ...
STOCKS:
Query Corner:What the charts say
I have bought Sesa Goa at Rs 200. Should I hold the shares or book loss and switch to another company? Sandeep Kalra, S ...
RECOMMENDATION:
Bartronics India: Buy
The IT hardware and software segment sports many stocks that are at ‘attractive’ valuations. But many of them are grappling with businessand/or currency risks that make them a risky investment even at single-digit ...
STOCK MARKETS:
Infosys
This stock reversed from the peak at Rs 1,457 on Monday and closed the week with an 8 per cent decline. If we consider the movement of the stock over the last four weeks, it is moving in a band between Rs 1,100 and Rs 1,400. The short-term ...
STOCK MARKETS:
Maruti Suzuki
MUL built on the gains made in the previous week and went on to an intra-week peak at Rs 635. Though it retracted a little from this level, the short-term view on this stock stays ...
STOCK MARKETS:
Tata Steel
It was another disappointing show by Tata Steel. The sharp decline from the peak at Rs 250 shows that bears have a stranglehold on this counter. It is currently hovering around the key short-term support at Rs 180. If this level holds, the ...
STOCK MARKETS:
Reliance Ind
RIL reversed downward with a giant engulfing candle formation in the daily chart. The high volumes recorded on this day make it a key ...
STOCK MARKETS:
ONGC
ONGC rose to Rs 808 by Wednesday and spent the rest of the week moving sideways. The short term trend in the stock continues to be up. Near-term supports for the stock are at Rs 700 and then Rs 640. Short-term traders can hold their trading ...
STOCK MARKETS:
SBI
The stellar rally in SBI in the first half of last week was stalled at the resistance at Rs ...
STOCK MARKETS:
Prominent bulk deals on NSE and BSE
...
STOCK MARKETS:
Runaway or measuring gap
Runaway or measuring gaps are a familiar sight on technical charts. They are also otherwise known as continuation gaps. Following a breakaway gap the price-move begins to progress for awhile, somewhere in the middle of the move the price ...
STOCK MARKETS:
Nifty future may see sideways movement
Thanks to sharp gains on Friday, the spot Nifty and the Nifty futures were able to end the week on positive notes. Short-covering coupled with additions of fresh long positions, particularly on Thursday and Friday, helped the Nifty future fetch ...
MUTUAL FUNDS:
Dividend payout — Cash to the rescue
Cash remained king in volatile markets such as the one witnessed this year. Many mutual fund schemes may have realised this, as a good number of them distributed hefty dividends in 2008. Over 80 equity schemes distributed dividends ranging ...
MUTUAL FUNDS:
Fund-of-funds: Can it offer tailored investment solutions?
According to the Web site of the Association of Mutual Funds of India (AMFI), there were 1,043 funds in the country as on September 30, 2008 with assets under management totalling Rs 4,20,862 crore. With 280 equity funds and 471 debt funds, it ...
COMMENTARY:
Sensex continues its winning streak
The Sensex ended the week at 9964.3 points, marginally higher (1.8 per cent) than the previous week’s close. This rally in the market followed a strong 1000-points plus rally in the previous week. The decision of the Reserve Bank of ...
FINANCIAL SERVICES:
Planning vital for less affluent
I am aged 34, working in a Gulf country as an engineer earning Rs 1.5 lakh month. I can save Rs 20,000 a month after utilising my income for family expenses. My wife (32) is employed and her salary is Rs 1 lakh a month. For all our ...
MUTUAL FUNDS:
Fund Talk
I want your advice and guidance about my portfolio. I am 33 years old and intend to start SIPs totalling Rs 10,000 per month. What funds do I need to invest in? I am a long-term investor and intend to continue with the SIPs for ...
MUTUAL FUNDS:
Update
Canara Robeco Floating Rate Fund will henceforth be managed by Mr Akhil Mittal. The fund was earlier managed by Mr A. K. Rao. Mr Mittal was earlier a senior manager in ...
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