INVESTMENT WORLD
STOCKS
Asian Paints: Buy
The stock of Asian Paints appears to be a good addition to the portfolio for conservative investors with a two-year investment horizon. Strong growth prospects for decorative paints arising from the higher pace of construction activity and a ...
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ICRA: Book profits
At the current price levels, investors can lock into returns on at least part of their holdings in the stock.
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Petronet LNG: Buy
The company's expansion plans augur well as they coincide with the growing demand for natural gas in the country.
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Stock Takes
With reports of Coca Cola's interest in the Glaceau brand doing the rounds for quite some time now, the stock price of Tata Tea had already run up to a significant extent in expectation of a deal to buyout Tata Tea's stake in Energy Brands Inc ...
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A `star' venture
To boost revenues from non-Hindi television programming, Balaji Telefilms has announced an investment of Rs 90 crore over two years in its joint venture with the Star ...
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A new move
The company has announced its plan to set up 11 modern commodity warehouses in four States before the end of this fiscal and has earmarked Rs 50 crore for the same. These warehouses will also offer third-party logistics services. ...
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Powerful foray
NTPC has signed an agreement with the Nigerian government for importing liquified natural gas annually for 25 years for its power plants and has announced a foray into wind power with an investment of about Rs 1,200 ...
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Potent pact
Sun Pharmaceuticals has signed an agreement to acquire Israel's generic manufacturer, Taro Pharma, for $454 million (approximately Rs 1,840 crore), making it the second largest overseas acquisition by an Indian drug company. ...
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INVESTMENTS
Choosing the right advisor
Investing is not about chasing high returns. It is about ensuring that all your financial goals are met.
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INSIGHT
India Inc notches up a high score
While sectors such as telecom, banking and construction sustained their growth rates, growth has been slower in IT and automobiles. Overall, however, Corporate India's earnings card has rekindled investor interest in the India story.
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MUTUAL FUNDS
Fund Talk
If one compares returns through the SIP route with lumpsum investments for certain periods, one finds that lumpsum investments have done better than SIP investments at times. Why is this so? In SIPs, is it not necessary to take into ...
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Magnum Multiplier Plus: Hold
Investors can retain their investments in Magnum Multiplier Plus 1993 given its inspiring performance over three-year and five-year spans. Over these time-frames, the fund generated returns of 50 per cent and 45 per cent respectively, and ...
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Sundaram BNP Paribas Rural India Fund Manufacturing still on top
The bullish stock market of the past three years has seen the launch of several innovative theme-based funds. Sundaram BNP Paribas Mutual Fund launched Sundaram BNP Paribas Rural India Fund last April. As its name suggests, the fund's investment ...
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DSP ML Balanced Fund: Invest
With a flexicap approach to stock selection, this fund appears well-suited to be a core portfolio holding for an investor who does not wish to take active calls on asset allocation.
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Update
Reliance Mutual has introduced exit loads on four of its equity schemes from May 21. The schemes are Reliance Vision, Reliance Equity, Reliance Equity Opportunities and Reliance Growth. The fund will charge an exit load of 1 per cent for ...
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PETROLEUM
The dynamics of crude oil
In recent times, WTI has been trading at a heavy discount to Brent, which is seen as a broken benchmark. For India, this means a spurt in the oil import bill and inflationary tendencies.
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TAXATION
Offshore lottery win is taxable onshore
A company in the UK made an electronic computer draw of all mailing addresses of a particular mailing site and my name figured as the winner of the lucky draw. I am now to receive the prize amount through swift wire transfer to my bank ...
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TECHNICAL ANALYSIS
Query Corner
Kindly let me know the prospects of ICSA. Brij Lal Dhiman, Aloke Chakrabortty, Venkatesan ICSA (Rs 1,124.6): The long-term up trend is intact in this stock. Though the stock lost more than 50 per cent in the May 2006 ...
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Index Outlook
It was a historic week for the Indian bourses. Three of the leading indices, S&P CNX Nifty, BSE 500 index and BSE 200 index scaled record highs. The customary bout of profit booking associated with new highs, prevented Sensex from emulating its .
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Trader's Corner
As per Wikipedia, the word `glamour', originally meant casting a spell over someone, particularly to change how things appeared to them. This definition aptly describes the devastating effect that glamour stocks have on the traders and investors. ...
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Reliance
RIL reversed after crossing our medium-term target of Rs 1,755 briefly during the week. We had indicated the possible termination of the medium-term up trend from Rs 1,262 at current levels. A correction of this move would take the stock to a ...
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SBI
Investors seemed to be having second thoughts regarding the SBI stock last week. It slipped to an intra week low of Rs 1,251. It is too early to conclude that the move from the March 2007 low has concluded. The stock has reversed from its ...
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Tata Steel
This stock soared past our second short-term target to hit an intra week high of Rs 662. But nervousness seemed to grip the counter as it neared its previous record high of Rs 679. Though the short-term trend turned down on Thursday, the ...
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Infosys
Infosys steadied itself above the Rs 1,900 support last week. A morning star formation on the daily chart indicates a rally to Rs 2,050 and then Rs 2,150 in the short term. The resistance around Rs 2,050 is formidable since both the 50- as well ...
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ACC
ACC closed the week with a 2 per cent loss. But the short-term trend in this stock would be defined as sideways. The immediate support for the stock are present at Rs 821 and then at Rs 798. Traders can watch for buying opportunity around Rs ...
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ONGC
ONGC could not rally past the resistance at Rs 945 and reversed from an intra-week high of Rs 941. The 50 DMA positioned at Rs 880 will support the stock in the near term. Move between Rs 880 and Rs 940 would be construed a precursor to a move ...
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CARS
Question & Auto
I bought a Mahindra Scorpio CRDe (Diesel) in June 2006. The fuel filter clogged and had to be replaced after I logged just 14,000 km. The Mahindra dealer I bought the vehicle from told me not to use `Premium' diesel and asked me to use ...
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Logan versus the competition
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TWO/THREE WHEELERS
Will Suzuki thunder with Zeus?
Unlike Honda, the other Japanese bike maker, Suzuki Motorcycle India, has found the going tough despite having equally efficient and well-made bikes.
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ECONOMICS
Game of uncertainty
One of our friends commutes to work by bus. He catches the bus at 8 a.m. Sometimes, he arrives at the bus stop two-three minutes past eight. If the bus does not arrive within five minutes, he knows that he has missed the 8 a.m. bus. He feels bad ...
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STOCK MARKETS
Stock-specific action in markets
The benchmark BSE Sensex closed at 14338 points, gaining 35 points or 0.24 per cent from the previous week's close. The start of the week saw a couple of steel majors Tata Steel and SAIL support a strong market rally on the back ...
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Prominent bulk deals on NSE & BSE
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Baskets of X
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Bull's Eye
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INTERVIEW
`Consolidation time for B & C realty players'
Customers should invest 30-40 per cent of their own money into the cost of the home. This way, the impact on EMIs during interest rate increases will not be significant. MR J.C. SHARMA, MD., SOBHA DEVELOPERS
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IPOS
Decolight Ceramics: Avoid
Given the huge capacity additions, the company faces the risk of competition from unorganised players and a glut in the event of a real-estate slowdown.
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BOOKS
Study business cycle to analyse market trends
Technical analysts and the followers of the `fundamental' school rarely see eye to eye. Yet both the groups bank on the cycle theory, say Deborah Owen and Robin Griffiths in Mapping the Markets from Viva (www.vivagroupindia.com). ...
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