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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 ... More

ICRA: Book profits
At the current price levels, investors can lock into returns on at least part of their holdings in the stock. More

Petronet LNG: Buy
The company's expansion plans augur well as they coincide with the growing demand for natural gas in the country. More

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 ... More

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 ... More

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. ... More

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 ... More

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. ... More

INVESTMENTS
Choosing the right advisor
Investing is not about chasing high returns. It is about ensuring that all your financial goals are met. More

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. More

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 ... More

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 ... More

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 ... More

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. More

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 ... More

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. More

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 ... More

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 ... More

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 . More

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. ... More

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 ... More

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 ... More

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 ... More

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 ... More

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 ... More

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 ... More

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 ... More

Logan versus the competition
More

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. More

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 ... More

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 ... More

Prominent bulk deals on NSE & BSE
More

Baskets of X
More

Bull's Eye
More

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 More

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. More

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). ... More


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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
ICRA: Book profits

Query Corner

`Consolidation time for B & C realty players'

Choosing the right advisor

Looking back
May. 20-May. 26
Query Corner

Spelling stability and growth

Powering return on investment

`No channel need guarantee viewership'

Renault Logan: The French connection


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