The Hindu Business Line : Sunday, June 04, 2006

INSIGHT
Right time to take a shine to gold
The unstoppable rally in gold has made investors world over flock to it and rethink their portfolio allocation to the precious metal. With the recent meltdown, is this the right time to invest in the yellow metal? More

The glittering investment options
An avid believer in gold now has a variety of ways to invest in the yellow metal than just jewellery. For generations, jewellery has been the only way to invest in gold for retail investors, despite the high carrying costs. But now there are ... More

Theme India for uncertain times
Investing in large-caps with a long-term perspective makes good sense. More

MUTUAL FUNDS
Magnum Global: Invest
The active management strategy has ensured that returns compensate for the risks involved. More

HSBC Midcap Equity Fund — Churn in banking
HSBC Midcap Equity Fund has stuck to its mandate, with 70 per cent of its assets invested in stocks with a market capitalisation of less than Rs 2,000 crore. We examine the reshuffle made during the period February 2006 and April 2006. The ... More

PruICICI Power: Invest
Consider routing your investment over the next year through a systematic investment plan. More

Fund Talk
I ventured into mutual funds only last year. I have invested a lumpsum in Fidelity Equity (DP), SBI Bluechip (G), Reliance Equity (G), PruICICI Infrastructure (G), PruICICI Tax Plan (DR), HDFC TaxSaver (DR) Principal Tax Savings (G) and SBI ... More

Market view
Global developments have triggered a near term re-adjustment in liquidity, with emerging markets such as India bearing the brunt of the current phase of risk aversion. However, we believe that this outflow was expected after the ... More

Update
JM Financial Mutual Fund has launched an equity-oriented interval fund. Named JM Arbitrage Advantage Fund, the scheme will seek to capitalise on arbitrage opportunities from mis-pricing between the cash and derivatives market. Investments ... More

STOCKS
Hindustan Lever: Buy
An investment can be considered in the stock of Hindustan Lever (HLL). The sharp surge in agricultural growth in the latest GDP numbers suggests that the spurt in rural spending is here to stay. HLL, with its expansive rural network, will be best ... More

Sesa Goa: Buy
Firm pricing outlook, likely improvement in met coke division, strong operational and financial contours and attractive valuations offer scope for capital appreciation. More

Cummins India: Buy
The parent company has targeted a five-fold growth in consolidated sales from India by 2010. This emphasises the parent company's commitment and potential for India. More

GlaxoSmithKline Consumer Healthcare: Buy
GSK Consumer has overhauled its brands and, over the past year, has been active in launching variants in its attempt to preserve market share. More

KPIT Cummins: Buy
The company's strong focus on manufacturing, good client momentum and prudent acquisitions lend confidence to the stock. More

CARS
Toon thrills on four wheels
Fuelled with plenty of humour, action, drama, and amazing new technical feats, `Cars' is said to be a high-octane delight for moviegoers of all ages More

Nissan-Suzuki tie up
In what could be the first instance of contract manufacturing of this type, Nissan Motor of Japan is all set to make cars in India. Nissan has entered into a collaboration agreement with Suzuki Motor Corporation (Maruti's parent company) for ... More

GM's dealerships
GM plans to expand its distribution network in India. The automaker plans to expand its car dealership network by about 40 per cent and also set up two parts distribution centres in Maharashtra and ... More

Maruti's offers
Maruti's has come out with a slew of June offers for its small cars. Maruti's dealers are offering a gift cheque worth Rs 10,000 on the M-800 in Delhi and Rs 35,000 in Chennai. For the WagonR and the Zen, gift cheques worth Rs 35,000 are on offer ... More

Hyundai's Clinic
Hyundai has launched a customer service programme across 190 cities in the country. The two-week programme, christened Free Car Care Clinic, commenced on June 1 and is available to Hyundai's customers across its 298 dealer workshops until June ... More

TWO/THREE WHEELERS
MARKET BUZZ
Hero Honda's plans
Running short of assembly lines to match demand for its products, Hero Honda announced plans to set up a plant in Jaipur at a cost of Rs 320 crore. The two-wheeler maker said that it plans to commission the plant, which would have a capacity to ... More

Alloy fancy
Bajaj Auto and TVS Motor appear to have sensed the fancy among bikers for alloy wheels. The new rollouts from the two-wheeler makers, the Bajaj Platina and the TVS Star City, sport alloys. The alloy version of the latest bike from TVS Motor ... More

STOCK MARKETS
Unconscious action?
Consider this. My friend has this habit of collecting crockery, cutlery, paintings and everything in between. She typically goes shopping with an intention of buying particular articles. But she ends up spending ... More

Different Takes
In our view, it is still premature to be looking to jump in. We need to get a bit more clarity on the outlook for the global liquidity cycle... Indian valuations relative to the world and to other emerging markets remain at ... More

Performance of Nifty Stocks
More

Bull's Eye
E-mail your response by Tuesday to BullsEye@thehindu.co.in Blog at: More

Baskets of X
E-mail your guess before Tuesday to: BasketsOfX@gmail.com

Gainers and Losers on the NSE
More

DERIVATIVES MARKETS
F&O OUTLOOK
Volatility to persist in Nifty
Last week, we had indicated that Nifty is in consolidation phase and might move in a narrow band; in line with our expectation, the Nifty began the week on dull phase. However, a bout of selling pressure on Wednesday and Thursday sent the Nifty ... More

Options guide

FIXED DEPOSITS
FD Options
OCL India: Investors may consider the one- and three-year options of the OCL India fixed deposit plan;. the two-year option does not offer any premium over the rate on the one-year option for the longer duration. OCL ... More

ALLIANCES & JOINT VENTURES
Nissan deal drives up Maruti stock
Manufacturing alliances between automakers are common but when one happens between competitors in an emerging market with big growth potential, it is certainly significant. The global understanding between Suzuki and Nissan to expand their ... More

INTERVIEW
`If India has big plans, global money is available'
"It takes longer for India to get things done. I think if the government does come up with a big programme, the money is readily available." MR ANDY XIE, MANAGING DIRECTOR, MORGAN STANLEY More

INCOME TAX
Is interest from NRE accounts taxable?
I am a resident but not ordinarily resident in accordance with the Income-Tax Act. I have funds deposited in India in NRE and NRNR accounts. The interest on these deposits is credited quarterly to my NRE savings account. Some of these ... More

IPOS
Bluplast Industries: Avoid
A tempered growth in the plywood industry is likely to reflect on the proposed PVC composite profile business. More

BOOKS
Not investing your money is also risky
Today's investments form the basis for future purchasing power More