The current rally in the equity market is supported by a significant increase in capital investments by Indian companies. Apart from capacity expansion and creation domestically, Indian businesses are also on the overseas ...
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SBI Magnum Contra: Invest
Investment can be considered in SBI Magnum Contra. The fund's track record over three- and five-year periods has been impressive. With its contrarian approach, the fund seeks to invest in stocks or sectors that hold potential for appreciation but ...
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Update
Canbank Mutual Fund has come out with a close-ended equity fund - CanMulticap. The new fund offer closes on January 4, 2007. Though it plans to keep the equity allocation to 90 per cent, the fund will have a minimum allocation of 75 ...
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Fund Talk
Some funds under-perform their benchmarks and yet deliver good returns. Take for instance, Sundaram Capex Opportunities Fund. A person who purchased units of this fund during NFO has reaped returns of above 75 per cent since then and yet I'm ...
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Birla Sunlife Basic Industries Fund — Petro, construction favoured
Birla Sunlife Basic Industries Fund uses a blend of the value and growth styles to focus on companies that are sensitive to economic cycles and commodity pricing cycles. We take a look at the changes to the portfolio during the quarter-ended ...
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TECHNICAL ANALYSIS
Query Corner
I have 100 shares of Hinduja TMT bought at Rs 530. Kindly give your opinion regarding its technicals. Dr Srinivas Hinduja TMT (Rs 606.6): Hinduja TMT has made a strong comeback from the low of Rs 355 hit on June 14. The ...
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Trader's Corner
All of us are aware of the cardinal truth that trading is no path of roses. We all have to flounder, make every single mistake there is to be made until we are well hardened and cynical enough to face the ups and downs in the market. Of ...
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Tech Tools
I am interested in learning the Elliott Wave and Neo Wave analyses. I am confused about the chronological order in which to study these. Should I start with R.N. Elliott's Wave theory first and then switch over to Glenn Neely's research? ...
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Index Outlook
The rather bored response to Sensex hitting the 14,000 level last week, brings to mind the year 1999 when 5,000 balloons were released from the top of Jeejeebhoy Towers to commemorate the occasion of the Sensex hitting 5,000. Three months later, ...
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ACC
ACC hit a high of Rs 1,192 on Monday before reversing to end the week with a loss of 2 per cent. A short-term correction is currently underway in this stock.
Traders need to tread with caution now as a five-wave move has been completed from ...
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Infosys
Infosys reversed from a weekly high of Rs 2,280, failing to overcome the peak at Rs 2,300. The short-term trend in this stock has turned sideways. The price can continue to fluctuate in the band between Rs 2,300 and Rs 2,130. Sell signals in the ...
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Tata Steel
The price hit an intra-week high of Rs 501.9 before reversing and taking a sharp tumble. Though the price moved up from the support at Rs 468, it could not go past the Rs 490 resistance convincingly. The short-term outlook for this stock stays ...
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Weak signals in SBI
The first signs of weakness were evident in the chart of SBI since the exhilarating rally started from the low of Rs 1,127 on November 15. The momentum oscillators in the daily charts are signalling a sell though the weekly oscillators are not ...
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Reliance
RIL tried to recover in the first half of last week, but the bearish candle seen on Friday accentuates the lack of strength in this stock. This stock can spend some more time in the range between Rs 1,230 and Rs 1,320. This shallow movement ...
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ONGC
The struggle to rally past Rs 880 continued last week too, the stock finally succumbed to selling pressure on Friday. The oscillators in the daily and weekly chart are signalling a sell. The 10-day ROC has slipped in to the negative zone. ...
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Chart Focus
Bharat Forge lost 54 per cent in the fall that ensued from the peak of Rs 485 made in March. The recovery since June has halted at exactly 61.8 per cent of this fall, making us assume that this rally was the second leg of a deeper correction. The ...
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FINANCIAL POLICY
Logic behind the CRR hike
The 50-basis-point hike in CRR by the Reserve Bank of India (RBI) after a two-year gap is not surprising given the economic conditions. With inflation edging close to the 5.5 per cent mark, money supply expanding at a higher than projected rate ...
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STOCK MARKETS
Pricing games
Consider this. While you are shopping for your monthly groceries, you find that one kg of breakfast cereal costs Rs 150. The regular price of the cereal is Rs 125 but you bought it at Rs 110 sometime ago when ...
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SMART MESSAGE
It's not in the timing
The Sensex might have touched the 14,000-mark, but young investors "who are building a portfolio for the future" should not worry about Sensex highs while their stocks remain subdued, says Mr Arun Kejriwal, Director of Mumbai-based Kejriwal ...
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CALL CENTRE
Behind the 15% returns
Investment gurus seem to have a ``stock" answer to the question "Where do you expect the markets to go from here?" They often reply: "I don't have a view on the market. But expect a 12-15 per cent return if you hold stocks for a five-year ...
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Bull's Eye
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Baskets of X
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Bulk deals on NSE & BSE
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DERIVATIVES MARKETS
Nifty futures may weaken further
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INTERVIEW
Money Talk
Thomas Muthoot is the Managing Director of Muthoot Pappachan Group. The group, which operates in diversified businesses, has a strong presence in hospitality, infrastructure and financial services among others. Its ...
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`Midcaps may remain in favour with foreign investors'
A lot of investors are sitting on the sidelines waiting for a market correction to happen in India. But if the market rallies further, some more money might actually move in and drive further increases in valuations.
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INCOME TAX
Investment options on homecoming
I am a doctor working abroad. My wife, who is also a doctor, works with me. We have been living abroad for nearly ten years now and are planning to return to India for good. We have sold an ancestral property and propose to use the proceeds ...
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IPOS
Cairn India: Invest at cut-off
Oil exploration and production is a risky business and more so in this project where a couple of critical aspects are yet to be finalised.
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Cairns IPO: On a sticky field
The biggest risk an investor will be assuming is that Cairn is unable to produce the peak quantum of oil projected from the Rajasthan field due to technical reasons. Oil reserve estimation and projection is a specialised activity and the ...
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PUBLIC OFFER
Tanla Solutions: Invest at cut-off
The company is seeking to ride on the growth potential of the non-voice mobile market. Its broad-based portfolio in the messaging market lends confidence, though scale-up risks remain.
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RIGHTS ISSUE
Tata Coffee: Invest
The Eight O 'Clock Coffee acquisition and the company's instant coffee expansions have transformed Tata Coffee into an integrated player.
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PEOPLE
Investment Nuggets
George Soros is considered the greatest hedge-fund investor in modern times and a philosophical speculator, whose expertise mainly lies in currency speculation. He is known as "The Man Who Broke the Bank of England" after he bet against ...
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BOOKS
Classical secrets to prosperity
"Prosperity abandons one who is satisfied by material wealth."
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