MARKETS
FOREIGN INSTITUTIONAL INVESTORS:
SEBI, Swiss co UBS settle dispute on consent terms
Securities firm to pay about Rs 50 lakh; SC disposes of 2004-crash related case. Mumbai, Feb. 21 The SEBI case against UBS Securities, debarring the Swiss firm from issuing participatory notes for its role in the stock market crash of 2004, has ...
FOREIGN INSTITUTIONAL INVESTORS:
FII-ditched stocks dive, lag market
Sugar stocks buck trend. BL Research Bureau Stocks in which foreign institutional investors reduced their holdings in the December quarter have fallen sharply in 2009, lagging the markets, a study of the price action in the BSE 500 companies ...
OUTLOOK:
Index Outlook
Stock markets began to totter even as the interim budget was being read last Monday. All hopes of a flurry of policy changes to pull the distressed economy and stock markets out of the current morass were laid to rest by the insipid ...
RECOMMENDATION:
DSP Blackrock World Gold Fund: Invest
For investors who are looking for an alternative to domestic equities and can handle considerable volatility in their returns, DSP BlackRock’s World Gold Fund is a good investment ...
RECOMMENDATION:
Reliance Communications: Buy
Investors with a two-three year horizon can consider buying the share of Reliance Communications (RCom), going by its pan-India dual-technology mobile play and the strength in its enterprise division, both of which offer long-term ...
RECOMMENDATION:
Container Corporation: Buy
Investments with a two-three year perspective can be considered in the stock of Container Corporation of India (Concor). While slackening demand and tightening of lending has taken a toll on most logistics ...
RECOMMENDATION:
Sesa Goa: Buy
Investors with a three-year horizon can consider accumulating the stock of Sesa Goa, trading at Rs 82.10. The company’s market leadership in iron ore mining and exports, signs that Chinese demand for Indian ore may resume on the back of ...
RECOMMENDATION:
Bartronics India: Buy
Investors with a two-year perspective can buy the shares of Bartronics India, considering large multi-year deal wins that bolster its order-book, and strong position as a SIM card manufacturer for telecom companies in ...
RECOMMENDATION:
Sundaram BNP Paribas Select Focus: Invest
Investors can buy the units of Sundaram BNP Paribas Select Focus (Sundaram Select) considering its long-term return track record as well as the fund’s ability to contain downsides.Sundaram Select is a large-cap stocks (greater than ...
STOCKS:
Tata Steel
Tata Steel too recorded double-digit decline last week, ending 13 per cent ...
STOCKS:
Reliance
Reliance Industries moved in line with our expectation, weakening from the key resistance at Rs 1,400 to decline to Rs 1,240. The stock is currently hovering around the support offered by the 21 and 50 day moving averages. But a decline lower ...
STOCKS:
Infosys
The decline in Infosys halted at the second support at Rs 1,160indicated in our last column. A decline below this level will imply a move lower to Rs 1,100 or Rs 1,060 over the short term. Resistances for the week would be at Rs 1,224 and then ...
STOCKS:
SBI
SBI launched in to a deep correction right from the onset of last week and ended with 12 per cent ...
STOCKS:
Maruti Suzuki
It was a volatile week for Maruti Udyog, at the end of which it closed on a flat ...
STOCKS:
ONGC
ONGC reversed lower from an intra-week peak at Rs 708, forming a bearish engulfing pattern on the weekly candlestick chart. Short-term support for the stock is at Rs 657. Once this is breached, a decline to Rs 618 would be on the cards. The ...
STOCKS:
Query corner: What the charts say
I have procured shares of IOB at Rs 60. Kindly give its ...
FINANCIAL MARKETS:
Monitor assets to achieve goals
Sandeep, aged 35, is working in a manufacturing company in Chennai and his gross income is Rs 55,000 per month (45 per cent of this is eligible for retirement benefits). His wife Suneeti, aged 32, is self-employed and is running a ...
REGULATORY BODIES & RULINGS:
SEBI, IRDA flout norms on surplus funds: CAG
New Delhi, Feb. 21 The capital market and insurance sector regulators — Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority (IRDA) — are flouting Finance Ministry instructions by ...
DERIVATIVES MARKETS:
Split-strike conversion
That Bernard Madoff was playing a giant ponzi game is now well known. But what is not that well known is the strategy that he claimed to ...
STOCK MARKETS:
Nifty future may move in a range
Equity markets in India were back to square one last week, as both the Interim Budget and on Obama stimulus plan failed to live up to expectation. The NSE Nifty February future crashed by eight per cent to end at 2722 against the previous ...
TECHNICAL ANALYSIS:
Technical analysis for novices
Trading in the stock market is no less risky then trying to make a living off a roulette wheel; there are significant fluctuations in the price movements. However, unlike the roulette, the randomness here is fuelled by the perception of ...
DIVIDEND ANNOUNCEMENT:
Update
Franklin Templeton Mutual Fund has declared a dividend of 25 per cent under its scheme Franklin India Prima Plus. The record date is February ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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