The real question (on overseas investments and capital account convertibility) asked in one-way or the other is "why should I invest overseas when there are ample opportunities at home?" India has offered and continues to offer one ...
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Update
Franklin Templeton Investments has declared a dividend of Rs 3 per unit, or 30 per cent, under Franklin India Opportunities. The record date for the dividend payout is September 13. PruICICI Mutual has revised exit loads for ...
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Fund Talk
I am 25 years old and am investing Rs 1,000 per month in HDFC TaxSaver, and Rs 500 each in SBI Magnum Taxgain and Franklin India Prima. I am an aggressive investor and want to continue investing this amount for 15 years. Please tell me if ...
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PETROLEUM
Huge interest in NELP-VI bidding
It is easy to term NELP-VI, which has attracted 165 bids for 52 blocks from various domestic and foreign oil exploration companies, a grand success. The only problem with it is that, except for BP, none of the other biggies such as ExxonMobil, ...
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STOCKS
Varun Shipping: Buy
Investors can consider taking exposures in the stock of Varun Shipping, which trades at five times its trailing 12-month earnings. With freight rates firming up and buoyancy in global trade, Varun Shipping is likely to sustain growth in ...
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Kalpataru Power Transmission: Buy
Price variable contracts in the domestic market have helped the company hedge against volatile prices of raw materials such as steel, aluminium and zinc, resulting in better price realisation.
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Navin Fluroine: Buy
Navin Fluroine's Clean Development Mechanism project, scheduled for completion by middle of FY-08, will entitle it to about two million Certified Emission Reductions on a yearly basis till 2012.
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Berger Paints: Hold
Though near-term pointers suggest that the stock could rule firm, most of it appears to be captured in the valuation.
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Mastek: Buy
Mastek's strong order book position, its progress into the US market and a steady improvement in financials are encouraging. Slowdown in US and high client concentration remain the key risks.
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TECHNICAL ANALYSIS
Nifty may remain in a tight range
Negative trend in Reliance Communication
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Reliance
It has to go down as a flat close for the stock, though it went on a roller-coaster ride, dragging the entire market down in the early part of last week. The price completed a 34 per cent retracement of the move from the low of Rs 940 last ...
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SBI
Stocks hardly follow the script that is written for them. But, SBI did precisely that last week. It reversed from our weekly support of Rs 910 and went on to our upper target of Rs 980. There is a return of momentum in the daily chart. The ...
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Tata Steel
The stock is not breaking out on either side of the trading range that it is confined to since the beginning of August. The lower boundary of this range lies at Rs 500 and the upper boundary is at Rs 540. A close below Rs 500 will make the ...
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Infosys
After hitting a low of Rs 1,723 last Monday, the stock clawed its way back to close above Rs 1,800. There has been a slight pick-up in volumes though the momentum indicators on the daily chart continue to signal a sell. Resistance will be ...
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ACC
The stock took a dip on Monday to hit a low of Rs 886 and spent the rest of the week clambering upwards to close with a gain of 0.9 per cent for the week. Volume picked up slightly last week and the momentum on the weekly charts continues to ...
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ONGC
The price took support at the lower boundary of the sideways channel that we had marked for it last week at Rs 1,140. The medium-term outlook continues to be positive as long as the price stays above Rs 1,130. Bounce from this area will be a good ...
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Query corner
What should I do with Petronet LNG purchased at Rs 61? Should I purchase some more or just hold? S. V. Shanbhaug, Sasi Kumar, R. Kalyanasundaram Petronet LNG (Rs 49): The stock has halted exactly at the long-term support of ...
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Trader's Corner
There are over 8000 stocks listed in various Indian stock exchanges. This should actually translate into a mind-whirring array of choice for a day trader in India. It is next to impossible to scan through all the 8000+ charts every morning to ...
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CARS
Question & Auto
I would like to know when the Tata Indigo Dicor will be launched. Ever since I heard the news, I've put my purchase on hold. It really doesn't make much sense to buy a TDI while the rest of the world enjoys the benefits of a CRDi ...
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Premium colours for the new Indigos
All the new features add character to the new Indigo sedan and also lend a sporty touch to the relatively understated elegance of the vehicle.
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ECONOMICS
The `OPM' of success
For most of us, borrowing is taboo. Yet, successful money managers and businessmen have always thought it wise to borrow. What differentiates them from us? The answer lies in what you do with the borrowed money. Most people do not put borrowed ...
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STOCK MARKETS
Bull's Eye
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Baskets of X
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DERIVATIVES MARKETS
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 ...
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INTERVIEW
`Outflows from MFs not very significant'
Mutual funds added more than seven lakh investors into equity schemes in August. Despite this, redemptions out-weighed investments in equity funds. Messrs Milind Barve of HDFC MF and A. Balasubramanium of Birla Sunlife explain ...
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INCOME TAX
Site in tax-man's sight
I am a government employee. I was allotted a site 1,200 square feet in 1996 by the Urban Development Authority. I paid Rs 25,000 for the allotment. I now propose to sell it. Will I be eligible for any tax exemption? If not what ...
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BOOKS
Infernal chasms of bad investing
"Awareness of how your impulses are likely to influence your investing judgment is half the battle"
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