MARKETS
OUTLOOK:
Index Outlook
Equity markets saw a defiant fight-back by the bulls, who perhaps wish to end 2008 on an optimistic note. The stimulus packages announced in India and by the President-elect in US provided fodder for the rally last week. Dismal ...
RECOMMENDATION:
Educomp Solutions: Buy
Investors can buy the shares of Educomp Solutions, considering the bright growth prospects for its key verticals and the stock’s sizeable valuation discount to its historic ...
RECOMMENDATION:
ICICI Bank: Buy
Shareholders can stay invested in the ICICI Bank stock, as it trades at compelling valuations. Exaggerated concerns about the bank’s financial troubles, rumours of promoter stake sales (which have been proved wrong) and its exposure ...
RECOMMENDATION:
Sun Pharmaceuticals: Hold
Growing presence in the US generics market, strong domestic franchise in chronic segments and a promising pipeline of ANDA (abbreviated new drug applications) filings make a strong case for remaining invested in the stock of Sun ...
RECOMMENDATION:
HSBC India Opportunities Fund: Hold
Investors can retain their units in HSBC India Opportunities Fund (HSBC Opportunities), considering its reasonable track record in delivering steady returns and ability to contain downsides better than peers during ...
RECOMMENDATION:
Exide Industries: Buy
The Exide Industries stock has declined by 37 per cent since our earlier buy recommendation at Rs 68 in August this year. A broad market decline and continued slowdown in the automobile sector, which in the last few months has dampened ...
RECOMMENDATION:
Birla Sun Life Asset Allocation: Hold
Investors can retain their units in Birla Sun Life Asset Allocation Fund - Moderate Plan. This open-end fund-of-funds (a fund that invest in other mutual fund schemes) not only bettered its benchmark Crisil Balanced Index’s performance ...
FINANCIAL MARKETS:
Spotting the wealth creating companies
Manish Shah, Associate Director, Motilal Oswal Financial Services talks about the key qualities that his group looks for, while selecting companies and ...
STOCK MARKETS:
Query Corner: What the charts say
I have purchased Nagarjuna Fertilizer at Rs 38. Can I purchase some more shares at current levels? Is it also advisable to buy Mysore Cements at current levels with the intention to hold for three or more years? ...
STOCK MARKETS:
Nifty future remains at critical stage
Nifty December future staged a sharp recovery of 7.8 per cent over the week to end at 2921.7 points against its previous week’s close of 2711.1. It, however, ended almost at par with the Nifty spot, which ended the week at 2921.35. ...
STOCK MARKETS:
Sentiment versus fundamentals
Warren Buffett’s recommendation to “look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it”, is a profound insight into how we ought to look at India’s ...
COMMENTARY:
Stimulus package peps up bourses
This past week saw several moves by the Union Government to promote economic growth to which markets responded with ...
STOCK MARKETS:
Maruti Suzuki
Maruti struggled to surpass the resistance at Rs 512 in the early part of the week and plunged lower to Rs 465 on Friday. But the sharp recovery in the second half of Friday’s session implies that the short-term trend continues to ...
STOCK MARKETS:
Reliance Industries
Reliance Industries moved above the short-term trading range on Wednesday to close the week with a 12 per cent ...
STOCK MARKETS:
SBI
State Bank of India moved sideways with a positive bias last week. The short-term trend in the stock is up since the recent trough at Rs 995. But there is a strong short-term resistance at Rs 1,230. A weak start next week will take the stock ...
STOCK MARKETS:
Infosys
Infosys meandered sideways initially and then plunged lower towards the support at Rs 1,100 indicated last week. Though the stock lost over 2 per cent last week, it is holding well above the Rs 1,100-support. As mentioned in our previous ...
STOCK MARKETS:
Tata Steel
Tata Steel built on the gains recorded in the previous week to move higher to an intra-week peak at Rs 226. Weekly volumes continued to be strong reinforcing the view that a sustainable trough could be in ...
STOCK MARKETS:
ONGC
ONGC too moved in a very narrow range in the first three sessions before recording a sharp decline on ...
STOCKS:
Maruti to shut production for maintenance for 10 days
New Delhi, Dec. 13 Maruti Suzuki India Ltd will be closing production at its plants for 10 days from the last week of ...
MUTUAL FUNDS:
Not always risk-free
Debt funds. Did you recently hear somebody say “Debt funds are safe; your capital and returns are assured”? Well, you should probably discount such a ...
MUTUAL FUNDS:
Fund Update
JM Financial Mutual has declared a dividend of 2.2 per cent in JM Arbitrage Advantage Fund and 1.6 per cent in JM Equity& Derivative Fund. The record date for the both the schemes is ...
OUTLOOK:
Emerging positives for India
Over the past couple of months, we have been highlighting a list of nascent, but emerging, positives for the economy in the Indian context.. These While these still hold good, they may be overwhelmed in the near term by the ...
INVESTMENTS:
Setting up structures to differentiate alpha-generators and beta-grazers
Several mutual funds are available in each style-class. But as one investor complained, most of the funds in each style-class have similar ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds