The Hindu Business Line : Sunday, September 20, 2009

Domestic institutions, not FIIs, powered stock market rally
Foreign institutional investors preferred QIPs, IPOs to secondary market. Contrary to popular belief, foreign institutional investors (FIIs) are not the prime driving force behind the recent stock market rally. FIIs have preferred to buy equity ...

Set floor space norm for retail FDI: Rajan Mittal
To ensure no overlap of kirana stores. New Delhi, Sept. 19 Bharti Enterprises will invest $2 billion (around Rs 10,000 crore) and employ 60,000 people in their retail sector units ...

`Futuristic and bold': Th... Gold polishes up its returns
It has doubled your money in five years and yielded a 15 per cent yearly return over ten; all without losing even a third of its value in last year’s market rout. If you’re wracking your brains for this miracle stock, you’ll ...

Reliance tries its luck again in Cauvery offshore
Reliance Industries Ltd (RIL) has returned to the Cauvery offshore block, and officials told Business Line that the initial testing of the reservoir in the appraisal well suggests good hydrocarbon ...

Lakhpatis on the double to banks
SWELLING ACCOUNTS. BL Research Bureau It is an Indian banking industry’s version of the Forbes’ billionaires ...

INDEX OUTLOOK: Pushing the 2009 ceiling
It was Nifty’s turn to walk away with the laurels as it scaled the 5000 peak last week. The usual bout of doubts assailed market participants thereafter and the index closed slightly below this level. In the absence of any ...

Hand-picking stocks
“I have a full year’s savings with me and equity investments look attractive at this stage. Tell me, what stocks to buy?” I was surprised when my friend shot this question at me. But my friend isn’t the only one ...

Dalmia Cement (Bharat): Buy
Aggressive plans for expanding cement capacities by entering new markets, newly commissioned capacity which is set to contribute to revenues this year and good prospects for the sugar business argue for investing in the stock of Dalmia ...

HCL Technologies – Book Profits
Investors can book profits selling a part of their holdings in HCL Technologies, in light of the expensive valuations that the stock currently trades at. At Rs 339, the stock discounts its likely 2009-10 per share earnings by nearly 18 times. ...

Sanghvi Movers – Book Profits
Investors with a medium-term perspective can consider selling at least a part of their holdings in the stock of Sanghvi Movers, a leading player in the crane hiring business, to lock into profits. The stock has almost trebled in value since ...

CEAT: Hold
A sustained revival in passenger vehicle sales, signs of recovery in commercial vehicles production, healthy replacement demand and cost controls paint a good picture for tyre manufacturer, CEAT. At Rs 163, the stock trades at a ...

Thinksoft Global Services - IPO: Avoid
Investors can avoid the initial public offering of Thinksoft Global Services, a software testing company, given the concerns that surround its performance and global trends in the IT deal landscape. Its niche offerings may also force it to ...

Euro Multivision — IPO: Avoid
Investors can refrain from subscribing to the Initial Public Offering of Euro Multivision (Euro). Lack of track record in the photovoltaic business, competition from larger players in this business and the delays in commissioning the ...

CHART FOCUS: Arvind (Rs 38.7): Buy
Investors with medium-term perspective can consider investing in the stock of ...

Kotak Midcap: Sell
Investors can consider selling the units of Kotak Midcap Fund, given its unimpressive track record within the universe of mid-cap funds. The fund has not contained downsides well, relative to its benchmark during market falls and lagged ...

Stimulus package to continue until economy recovers
The Government has decided not to reverse the stimulus package till the US and European economies recovered ...

Online student visa: Australia suspends 200 agents
The Australian Government has suspended close to 200 agents operating in a number of countries from lodging student visa applications because of evidence of fraud or poor approval rates. In order to regain their access to the online ...

Weekly News Round up(Latest Audio:Enlgish)
Ten days after the West Bengal Government cancelled land allotment to Infosys and Wipro following the scrapping of a proposed IT township project near Rajarhat, the Chief Minister, Mr Buddhadeb Bhattacharjee, on Thursday offered alternative plots ...