The Budget did what was expected cut import duties further to tame inflation. As expected agriculture appears to be the thrust area and although rural credit had grown dramatically the fact that output had not, was ...
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Update
Reliance Mutual Fund has announced a 75 per cent dividend under Reliance Growth Fund. Record date for the same is March 12. The fund had declared a 25 per cent dividend in October 2006. JM Financial Mutual Fund has launched JM ...
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Fund Talk
I am an NRI and actively invest in mutual funds. I am currently investing Rs 10,000 each in the following funds through the SIP route: Magnum Contra, HDFC Equity, Reliance Growth and Franklin Flexi Cap. I can afford another Rs 20,000 per month ...
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STOCKS
Maruti Udyog: Buy
Investors with a medium-term outlook can consider taking exposure in the stock of Maruti Udyog Ltd. The stock trades at a little over 15 times its trailing 12-month earnings. With market conditions turning volatile, the stock of Maruti Udyog ...
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TCS: Buy
The introduction of MAT and fringe benefit tax on ESOPs are unlikely to materially impact the company's financials.
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Coromandel Fertilisers: Buy
Coromandel Fertilisers has shown the ability to weather adverse business cycles in the past and has made the strategic moves to secure future earnings and growth.
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TECHNICAL ANALYSIS
Index Outlook
The movement of Sensex last week drives home the undeniable truth that stock markets are not for the faint-hearted. Investors were buffeted between hope and despair as Sensex made its way over a rocky terrain, hurtling down one day and soaring up ...
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Nifty skewed in favour of bears
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Query Corner
Please give your medium term technical view for Jupiter Bioscience. Can one buy at the current price of Rs 134 for holding period of 12 to 18 months? S.H. Shah Jupiter Bioscience (Rs 132.5): Jupiter Bioscience is moving in ...
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Reliance
This counter led the market lower last Monday. But the mid-week recovery took the stock price to its 50-day moving average positioned at Rs 1,350. We have a star on the weekly chart with long upper and lower shadows. This denotes indecision. ...
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SBI
The stock slipped below the 200-day moving average last Monday and stayed below the average for the rest of the week. The stock made an intra-week low of Rs 947 on Wednesday. This is exactly 61.8 per cent retracement of the upward move since the ...
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Tata Steel
This stock hit a low of Rs 399 last Thursday before staging a recovery. But the upward move needs to go a little further before we can conclude that the short-term slide has been arrested. The short- term resistances for the stock exists at Rs ...
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Infosys
The scrip made an intra week low of Rs 2,000 on Monday and spent the rest of the week trying to stabilise at lower levels. As mentioned last week, the move from the low of June 2006 is currently being retraced. The 38.2 per cent retracement of ...
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ACC
The steep drop continued this week too in ACC and the stock closed 9 per cent lower. We had indicated last week that the move from May 2003 could have ended in this stock. There is important long-term support at Rs 787, where it is halting ...
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ONGC
The stock moved between the intermediate term support of Rs 742 and the long term 200-day moving average last week. A fall below Rs 742 will drag the stock towards its June 2006 low of Rs 620. But a reversal from here can pave the way for the ...
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Trader's Corner
There are over 8,000 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 8,000+ charts every morning to ...
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CARS
Tatas turning a concept into reality
Unlike earlier, the new sedan concept that Tata Motors displayed at the Geneva Auto Show 2007, the Elegante, will most surely make it to the roads. It is based on an all-new platform.
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Concept cars at the Geneva Auto Show, 2007
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The new spruced up Endeavour
There has been considerable speculation that the Ford Endeavour is set to be relaunched after going through a facelift and a change of heart. The Endeavour, which is a popular full-size sports utility even in the Thai market, is based on the Ford ...
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Suzuki SX4 a slick sedan from Maruti
By May, Maruti will have SX4, a brand new sedan that could dramatically alter buyer perception about the company's passenger car design and manufacturing prowess.
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Celebration of the car
The 77th International Motor Show, which is being held in Geneva from March 8 to 18 this year, is certain to be another promising edition of this popular global automotive expo. Arguably the world's most important auto show draws every year ...
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STOCK MARKETS
Prominent bulk deals on NSE and BSE
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Bull's Eye
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Baskets of X
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Lessons from swarm intelligence
Consider this. A stock brokerage firm my friend does his business with has hit on a novel idea to increase its revenue. The firm displays everyday the top three stocks bought by its clients during the first two hours of trading. It has increased ...
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DERIVATIVES MARKETS
Options guide
INTERVIEW
`Fund managers will continue to outperform the market'
With equity fund assets still making up just 3 per cent of the overall market capitalisation, there is still a long way to go... With the Gross Domestic Savings up to 34 per cent, huge amounts of savings are coming in.
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INCOME TAX
TDS, foreign to non-residents
The company in which I work has acquired shares in a foreign outfit from its shareholders who are non-residents under the Income-Tax Act. The consideration has been paid to the non-residents and this has been reflected as investment in the ...
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IPOS
Gremach Infrastructure: Avoid
Though the company's growth prospects are bright, the market is likely to throw better opportunities for investors to enter the stock later when it is valued attractively.
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BOOKS
Towards an ethical form of investing
Till about half a century ago, colonial rule prevailed in several parts of the world. It was only after the end of the colonial period, that many Muslim countries `began to rediscover their identities and manifested the desire to regain the lost ...
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