The Hindu Business Line : Sunday, April 02, 2006

Investment Quiz
1.A wide range of financial products is now available as market players worldwide keep coming up with innovations. What are SPDRS (Spiders), QQQs and Diamonds? 2.Kanji Moorarji started to trade in spices ... More

INSIGHT

Outpacing the market
MUTUAL FUNDS' QUARTERLY ROUND UP More

MUTUAL FUNDS

HDFC Prudence: Invest
Good stock selection has helped the fund deliver returns that are comparable to a pure equity fund. More

SBI Magnum TaxGain: Invest
In the light of the anticipated volatility, a phased investment in the fund will reduce the risk of exposing a large sum of money to the market at one go. More

Sundaram Select Midcap: Invest
Investors can consider exposure in the fund through a six-month systematic investment plan, which will ensure that they capitalise on any broad market weakness. More

FUND TALK
Investment for long-term
I am an NRI and I have accumulated various new funds over the last two years. I have earned healthy returns from them. Based on your columns, I have now decided to restrict my portfolio to just five-six funds and slowly shift money from my ... More

PORTFOLIO MOVES
UTI Master Value
Between December 2005 and February 2006, UTI Master Value Fund has recast its portfolio size to a compact 25 stocks from about 40 earlier. The assets under management grew 55 per cent to Rs 796 crore. The pruning of the portfolio may have ... More

Fidelity launches India Special Situations Fund
Franklin India Taxshield '96, a close-ended tax-saving scheme from Franklin Templeton Mutual, is due for redemption on March 31. The units outstanding shall be redeemed at the NAV (net asset value) on March 31. Fidelity Mutual is ... More

STOCKS

Manugraph India: Buy
As the print media industry is on a robust growth path, a prime beneficiary has been Manugraph India (Rs 260), a manufacturer of printing presses with no notable domestic competitors and a sizeable presence in the export market. It is set to ... More

Ranbaxy: Hold
Ranbaxy is stepping on the gas in Europe in its quest to acquire scale and reduce its dependence on the US market More

Bhansali Engineering Polymers: Buy
Bhansali Engineering is raising its ABS capacity to tap opportunities in the global market, which has resulted in a surge in revenues. More

Munjal Showa: Buy
The company is likely to be a major beneficiary of the sustained growth in demand for two-wheelers and four-wheelers. More

TECHNICAL ANALYSIS

Index Outlook
A bullish trend prevailed as anticipated last week. The index cruised past the first target zone of 3310-3320. It appears on course to move to the next target zone at 3450-3500 mentioned in the recent weeks. There is a strong support at ... More

Bearish trend in SBI
Except for a positive trend on Monday, a bearish trend prevailed in the remaining four days of the week. The stock appears to be bracing for the next leg of the upward move. The immediate target is at Rs 1,010-1,020. Investors willing to wait for ... More

Follow-up
The price movement was not quite in line with expectations. The stock ruled weak and also closed below the stop-loss level of Rs 450 on Wednesday. The break, however, turned out to be temporary and the share price bounced back immediately in the ... More

Chart Focus
The stock has been in a major uptrend in the recent years. There appears to be significant upside potential from prevailing levels. The stock has been in a corrective phase after moving to a high of Rs 173 in early March. This corrective phase ... More

Query Corner
VSNL (Rs 472): The Elliott Wave count for the stock is based on the price action till date. The outlook or the Wave analysis may be subject to revision based on future price action. As we look at it now, the stock appears to be tracing ... More

Strategy
Elliott Wave analysis is more of an art rather than a science. The subject, as such, is quite simple, with a handful of rules and guidelines. It, however, would take loads of patience and experience to trade successfully using Elliott Wave ... More

Trading Tips
Never try to fight a trend by taking positions against the prevailing trend. Though it may be always tempting to buy a stock that is falling with an intention to lower the average cost of acquisition, such a practice should be ... More

RADIO/TV

A Zee play
A shareholder in Zee Telefilms may now get shares in three new outfits — Zee News; Wire & Wireless, which owns cable operations in select cities; and Dish TV that owns the fledgling Direct-to-Home business. These businesses do not make a .. More

CARS

Statement of power and style
The new Mercedes M-Class More

Fuel-efficient car
I am confused and not able to decide between the Tata Indica V2 and the Indica V2 Turbo mainly on two counts — mileage and power. What will be the mileage difference between the two in city and highway driving? Is their any ... More

A coupe and a roadster
The trend-setting CLS-Class combines the elegance and dynamism of a coupe with the comfort and practicality of a saloon. More

STOCK MARKETS

Pooh economics!
One of my friends is a well-paid software engineer. He hardly gets time to actively invest in the stock market. Unfortunately, he does not trust portfolio managers. He, therefore, adopts a simple and ... More

Baskets of 'X'
More

DERIVATIVES MARKETS

Weak trend in the Nifty
More

FIXED DEPOSITS

Cholamandalam FD, a safe investment
Cholamandalam Investment: Investment in the one-year fixed deposit programme of Cholamandalam Investment & Finance Company can be considered. The company offers 6 per cent with interest being paid either quarterly or annually. For ... More

INTERVIEW

`To survive, you need an India- or offshore-capability'
My guess is that multinationals are not looking at an India acquisition as a route to growth, but as a route to capability. — MR FRANCISCO D'SOUZA, COO, COGNIZANT TECHNOLOGY SOLUTIONS More

INCOME TAX

Capital gain or business income?
I regularly buy and sell shares in the market and also trade in futures and options. The number of transactions varies from a few a day to none . Is the gain or loss to be treated as capital gain or as business income? ... More

Travel conditions
I work in a bank and recently encashed my LTA. Will the LTA be exempt irrespective of whether I travel or not? S. P. Gupta The value of any travel concession or assistance received by an employee from his employer or former ... More

IPOS

Sun TV: Invest at cut-off
Exposure can be considered in the IPO with a one/two-year perspective. This may help reap gains linked to fundamentals, as the offer — though more attractively valued than Zee Telefilms — is aggressively priced. More

Biggie of the small screen
Sun TV is likely to emerge as the most preferred play in the entertainment business space, at least till the Star group decides to list its Indian operations. The former's strength in the language business has few parallels in the media industry. ... More

Emkay Share and Stock Brokers: Avoid
The offer is expensive and not a compelling exposure to the securities broking business. More

PUBLIC OFFER

Kamdhenu Ispat: Avoid
Stiff valuations and challenges in the franchisee model fail to inspire confidence in the offer. More

Opto Circuits India: Invest
The offer price is justified considering that the company is in a high growth niche business of making patient monitoring systems. More

BOOKS

Don't miss the buyback bus
"The SEBI regulations should be amended to require the company to also announce a minimum support price at which the company will accept the buyback offers made by the shareholders." More