With emerging markets such as India registering blockbuster returns for an unprecedented fourth year in a row, many investors are sceptical of the good times continuing to roll in 2007. The sharp correction in the market during the ...
More
Fund Talk
I am new to mutual fund investing. I earn Rs 15,000 per month and can invest Rs 7,000-8,000 every month through SIPs in equity funds. Are there any funds offering SIPs? Do you think the newly launched Tata SIP Fund is a good option? I would ...
More
STOCKS
Greaves Cotton: Buy
The Greaves Cotton (GC) stock offers a dual play on the automotive and infrastructure equipment sectors. Strong numbers, focussed capex plans, robust demand in the user segments - light commercial vehicles and the infrastructure sector, are ...
More
TAXATION
Wealth is divisible, not tax
I am a retired engineer. I have two sons and one daughter. My parents are no more. My father purchased a plot of land and constructed a house from out of his own funds. In his will, my father bequeathed this property to me. The will is ...
More
TECHNICAL ANALYSIS
Query corner
I have 100 shares of Reliance Infrastructure at Rs 570.What is the short-term outlook for this company? Mahesh Tripathi Reliance Infrastructure (Rs 546.8): The stock has made a short-term low at Rs 464 from where it is ...
More
Index Outlook
Tata Steel's acquisition of Corus was an occasion that warranted a hearty cheer by the stock markets manifested through sky-rocketing stock prices. But they, for once, decided to take a pragmatic approach and pummelled the Tata Steel stock ...
More
Reliance
The RIL chart continues to be one of the strongest among the pivotals. The movement of RIL last week closely mimicked the movement witnessed in this stock in the previous week. Our outlook for this stock stays unaltered. The short-term outlook ...
More
SBI
It was a free-for-all on the SBI counter last week as both the bulls and bears tried to make the most of the RBI governor's musings. The result was a spinning top on the weekly candle stock chart that denotes indecision. The stock is ...
More
Tata Steel
All eyes were riveted on Tata Steel last week as the stock went into a tail-spin on Wednesday. The net loss for the week was 9 per cent. The false breakout seen on Monday followed by Wednesday's fall has made a bearish engulfing candle on the ...
More
Positive bias in Infosys
It was the third week that this stock has spent in a somnolent state. While the short-term trend was indecisive at the end of the previous week, it is beginning to take a positive bias now. The oscillators in the daily chart underline this ...
More
ACC
ACC remained frozen in the narrow band between Rs 1,000 and Rs 1,050 last week. The stock is poised at the halfway mark of the short-term rally from the low formed on December 12, 2006. A sharp movement is possible in either direction. A move up ...
More
ONGC
ONGC was also struck by the strange malaise that paralysed most of the pivotals last week. The movement since the June 2006 lows is charting a double three, two flats separated by a `x' wave. As mentioned last week, the move from June lows can ...
More
Trader's Corner
"Never forget your stop loss" is a refrain that all the traders hear right from day one. But it is like one of the lessons that one learns in kindergarten about not keeping your elbow on the table and not talking while eating. Everyone knows it ...
More
Tech Tools
It is observed that when a company declares bonus shares, the stock price falls by 50 per cent or more on ex-bonus date from the last trading and then starts rising. In this backdrop, is it advisable to enter Sundaram Fasteners and Dabur at ...
More
Chart Focus
We recommend a buy in Haldyn Glass Gujarat at current levels. The stock has had a gritty rise from the low of Rs 30 made in July 2006. The dark cloud cover made in December 2006 was negated by the strong green candle seen in January 2007. The ...
More
CARS
Tata Indigo XL: Stretching to please
The IndigoXL is a super-luxury-car-sized, premium-sedan-priced, long-wheelbase version of the Indigo Tata Motors' existing entry-level sedan.
More
Maruti's road to fame
It is by now clichéd to talk about Maruti Udyog's contribution to the motorisation of India. And yet it is inevitable that a bit of nostalgia creeps in every time a major milestone comes by for the company. Maruti has had a chequered past and ...
More
STOCK MARKETS
Bend it with economics
My friend and I were recently watching a recording of the 2006 World Cup Soccer quarterfinal between England and Portugal. My friend loves to watch England lose, as it did in that match against Portugal. But what has soccer got to do with ...
More
Baskets of X
More
Bull's Eye
More
DERIVATIVES MARKETS
Nifty outlook turns positive
More
How to take positions in futures market
Futures contracts are unlimited gain or loss instruments and, hence, risky. Being short-term instruments, they are subject to volatility and one must be aware of the risk-return trade-off before trading in them.
More
MERGERS & ACQUISITIONS
Tata Corus Deal Should investors join the chorus?
In a giant leap, Tata Steel's acquisition of the Anglo-Dutch steel major Corus has vaulted the former to the fifth position from 56th in global steel production capacity. With the exception of Arcelor Mittal, which has combined production ...
More
INTERVIEW
`Cheese' has moved to MFs
The India growth story is for real. But the growth bypasses common people. MR C. J. GEORGE, MD, GEOJIT FINANCIAL SERVICES
More
Wait for Indian market to cool: Morgan Stanley
We would like to see the RBI raise rates, the market come down and things to look more sustainable in India from the medium term. MALCOLM WOOD, EQUITY STRATEGIST, ASIA-PAC, MORGAN STANLEY
More
`Volatility can be managed by derivatives'
I believe that derivatives, used judiciously, can really help increase the alpha. Not many have done it because fund managers usually tend to be not so comfortable with derivatives. MR R. RAJAGOPAL, HEAD-EQ UITIES, DBS CHOLA MUTUAL FUND
More
IPOS
Indian Bank: Invest at cut-off
Indian Bank's comfortable capital adequacy, fair pricing of the offer and strong brand value make it an option worth considering.
More
Euro Ceramics: Invest at cut-off
Given the current real-estate boom, Euro Ceramics is likely to witness robust demand for its product over the next couple of years.
More
Vijayeswari Textiles: Avoid
VTL's focus on the lucrative home-textiles segment is a positive. But earnings growth may fail to keep pace with revenue growth in the medium term.
More
SMS Pharma: Invest at cut-off
A valuation level that is not too demanding, reasonably good operating metrics and the growing potential in the contract manufacturing space make the offer worth exploring.
More
C&C Constructions: Invest at cut-off
Dependence on Afghanistan, packed with political and economic uncertainties, adds risk to the company's business profile.
More
BOOKS
Does your project have `legs'?
Learn from the old Indian sages who whisked spiritual and business and personal advice together into a luscious frothy mixture.
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line