The Hindu Business Line : Sunday, November 20, 2005

Investment quiz
1) Which is the Indian company that made the swiftest move to the Rs 50,000-crore mark in terms of market capitalisation? Hindustan Lever, which was the first to reach this threshold, took several decades. 2) Why is OMX significant in ... More

INSIGHT

Mettle only in frontline metal stocks now
SPURRED by bullish forecasts from global investors such as Marc Faber and Jim Rogers, commodities and commodity stocks have become the hot new investment destination for those seeking to diversify their portfolio. ... More

Leaving a mark on the BSE
FROM the Harshad Mehta to the Ketan Parekh scams, from demutualisation of the stock exchanges to the highs and lows of the equity market, she has seen it all. As a CA and MBA in Finance from Mumbai in 1984, it was ... More

Closed-end funds: Stepping out of the rat race
The success of close-end funds could usher long-term funds into the equity market. They could provide investors with a transparent, cost-effective and tax-efficient avenue to invest for the long-term. It could also favourably influence behaviour of i nvestors in, and fund managers of, open-end funds. More

Bounce-back in equities — Patterns in a choppy market
THE market has been on a roller-coaster ride the past two months. From the high of 2,664 the S&P CNX Nifty touched in early October, it declined to 2,316 late last month. The fears of rising inflation on account of ... More

COURTS/LEGAL ISSUES

What goods vehicles are no good for
IS AN insurance company liable if death occurs when travelling in a goods vehicle? This was the question that occupied the Bombay High Court (Nagpur Bench) in New India Assurance Company Ltd vs Diwakar S/o Daulatrao Rohankar and ... More

ENGINEERING

Delphi to make diesel systems in Asia
Delphi Corp. plans to manufacture systems for diesel engines in India, China and South Korea to take advantage of cheaper labour costs and growth potential in these markets. At present, Delphi has been sourcing diesel common systems from Europe ... More

MUTUAL FUNDS

Franklin Prima: Invest
FRANKLIN India Prima is a good diversified fund to include in your core equity portfolio. It focuses on quality stocks in the mid-cap space and is appropriate for investors targeting above-market returns over 5 or 10 ... More

Don't overload on equity funds
Five equity funds in a portfolio would provide just the right degree of diversification, and makes it easier to track performance. More

Tata Tax Saving Fund: Hold
INVESTORS in Tata Tax Saving Fund can retain their holdings. The fund's five-year track record has improved, thanks to a strong showing in the bullish phase that began in mid-2003. Tata Tax Saving's performance over the ... More

UTI MF declares 50% dividend

Tax-saving funds will sport a different profile as the notification by the Finance Ministry take effect. The government has specified that equity-linked savings schemes will have to be close-end funds and have a tenure of 10 years at the end ... More

STOCKS

ABB: Buy
INVESTORS with a two-to-three-year perspective may add the ABB stock to their portfolio, as it is likely to reap benefits from imminent investments in the power sector and buoyancy in industrial investment and growth. ABB is also likely to ... More

Sun Pharma: Buy
FRESH exposures can be considered in the stock of Sun Pharma, which trades at about Rs 650. Any weakness in the stock, linked to broad market trends, would also serve as a good entry point. Our call is a continuation of the bullish stance we ... More

Madhucon Projects: Hold
SHAREHOLDERS can retain their holdings in Madhucon Projects, which trades at about Rs 857. Visibility in revenues, expanding margins and foray into Build-Operate-Transfer (BOT) projects are likely to spur earnings growth. The stock trades at 14 ... More

TECHNICAL ANALYSIS

Use dips as buying opportunity
Preferred view: The index moved in line with expectations. The market sentiment remained bullish, as anticipated last week. The index appears on course to move to the initial target range of 2670-2680. Though a short-term ... More

Mixed outlook for pivotals
Satyam Computer (Rs 646): Except for a sharp spurt on Monday, the price action was devoid of any trend in the remaining days of the week. The short-term outlook is bearish and a drop to Rs 615-620 appears likely. Remain invested with a ... More

Focus of the week
GE Shipping (Rs 225): After moving to a high of Rs 221 in mid-September, the stock went into a corrective mode. It staged a breakout from this correction last week. The stock could move to the immediate target zone of Rs 245-250. There is ... More

Query corner
Kindly let me know the prospects of State Bank of India purchased at Rs 879. — Deepak Jujare SBI (Rs 911): Taking into account the positive outlook and your entry price, there is no reason to sell the stock now. Hold with a ... More

Concept of risk-reward ratio
The nature of the recovery in price is not as vital as is commonly assumed. Being on the right side of market is more important than being right about the market. Investors should try to concentrate on correctly identifying the direction of the marke t movement. More

CARS

Maruti's promotional plans for November
Maruti, along with its dealers, has made a strategy shift in its sales promotion schemes. Pan-India offers on its sales schemes have now been done away with. The sales promotion offers for November vary across cities; details are available on ... More

Baleno, the value buy
I AM planning to buy a new sedan and am considering the new Maruti Suzuki Baleno. What are the new features that have been added to this car? Is the car now a better value-for-money proposition? Shiraz K. The Baleno is a classic ... More

Skoda set to expand capacity
Skoda has announced plans to double its capacity to 30,000 cars per annum. It also indicated that its facility in India would serve as a manufacturing hub for South Asian countries. Alagappan ... More

Fiesta price unveiled
FORD has priced the Fiesta competitively with a view to attract buyers. Four versions, three petrol and one diesel, have been rolled out. According to Ford, the Fiesta incorporates new exterior styling and contemporary interiors. The entry ... More

TWO/THREE WHEELERS

New Pulsar is meaner and blacker
SINCE its introduction, the Bajaj Pulsar may not have clocked the kind of numbers that the Hero Honda Splendor has, but its success can still be ranked with the latter's. The Pulsar's introduction was probably a harbinger of the kind of ... More

Bajaj plans to ramp up capacity
Bajaj Auto plans to invest Rs 200 crore in 2006 to raise capacity to manufacture its Discover motorcycle and Wave scooter. On completion of the expansion, Bajaj would have a capacity to manufacture three million units a year as against the ... More

LIFE INSURANCE

LIC's Bima Bachat
SINGLE-PREMIUM plans appear to be the flavour of the season if recent product launches are any indication. Close on the heels of SBI Life launching such a product a few weeks ago, LIC has unveiled its single-premium ... More

STOCK MARKETS

Sebi Guide
A depository is an organisation, which holds securities of investors in electronic form at the request of the investors through a registered Depository Participant. It also provides services related to transactions in securities. How ... More

DERIVATIVES MARKETS

Economics of equity options
MY friend, a successful trader, strongly believes that it makes economic sense to buy options instead of futures or shares. His argument is hard to beat. Why? Suppose you have a positive view on Reliance. You can buy ... More

Options guide
Call option: A call option gives the buyer `the right but not the obligation' to buy the stock at a specified price on a future date. Put option: A put option gives the buyer `the right but not the obligation' to sell a stock ... More

FIXED DEPOSITS

FD OPTIONS

OCL India: Invest in one and 3-year options
OCL India: Investors can consider exposure in the fixed deposit options of OCL India. The one- and three-year options can be considered. As the two-year option does not offer any premium over the rate on the one-year option for the longer ... More

INCOME TAX

I'm repaying mom's loan, but house is in her name
I RECENTLY got a job in a software company in Bangalore. My parents took a housing loan from State Bank of India and constructed a house in Andhra Pradesh. This house is occupied by my parents. The loan was taken in ... More

Options for the borrower
I BOOKED a flat for Rs 28 lakh. I have taken a bank loan of Rs 24 lakh for buying the flat. The bank has started disbursing the loan in parts to the builder. The construction of the building started in June 2005. The flat will be ready for ... More

IPOS

Everest Kanto Cylinders: Invest at cut-off
AN INVESTMENT can be considered in the IPO of Everest Kanto Cylinders at the cut off price. The offer is to be priced in the Rs 140-160 range. At the lower end of the band, the offer is priced at 14 times, post-offer ... More

Triveni Engineering and Industries: Avoid
Inconsistent financial performance over the past few years and intensifying competition for cane enhance risks. A history of shareholder-unfriendly moves could also dampen valuation levels. More

AIA Engineering: Invest at cut-off
INVESTORS can take exposure in the IPO of AIA Engineering. Strong growth prospects for the user industries and a well-known clientele — both in the country and abroad — induces confidence regarding ... More

ABG Shipyard: Invest at cut-off
INVESTORS can bid at the cut off price in the initial public offer of ABG Shipyard, as it holds promise of gains over a one-two year period linked to fundamentals. The offer is priced in the Rs 155-185 band. We ... More

BOOKS

Future imperfect
FOR ages, future was a dark enemy, `a mirror of the past or the murky domain of oracles and soothsayers'. Then, with the help of daring thinkers, we realised that risk can be mastered, and future seen as an opportunity. Risk management is thus ... More

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Pick a Winner Stock Market Contest

ABG Shipyard: Invest at cut-off

Leaving a mark on the BSE

Use dips as buying opportunity

Bounce-back in equities — Patterns in a choppy market

In Focus

FDI in retail sector

Indian Aviation: Sky is the limit

India Inc's bonus bonanza

Sethusamudram Canal Project

India Inc's overseas acquisition