The Hindu Business Line : Sunday, July 15, 2007

INSIGHT
How equity funds fared over the April-June 2007 quarter
Diversified equity funds sprung back on their feet in the April-June quarter, as the market began to make a recovery and mid-cap stocks recorded spirited gains. After straggling behind the indices in 2006 and in early 2007, equity funds are ... More

The importance of a quarter
More

Equity derivatives: A case for product reforms
Impressive growth has been seen in equity derivatives in India in the last five years. But market efficiency can be improved by fine-tuning products, better information dissemination and investor education. More

‘Kraft’ing a difficult deal
Danone-Wadia standoff More

Key drivers in the dash to 15000
The latest market rally enjoyed broader participation from large-cap and emerging large-cap stocks, and was also marked by the resurgence of mid-cap stocks, driven by strong earnings. More

MUTUAL FUNDS
Principal Tax Saving Fund: Invest
Investments can be considered in the Principal Tax Saving Fund based on its good five and three-year record. Like many of its peers, the fund invests close to half of its assets in mid-cap stocks with a market capitalisation of less than Rs ... More

Sundaram BNP Select Midcap: Capital goods in top slot
Sundaram BNP Paribas Select Midcap Fund’s assets have grown significantly over the past year. From Rs 854 crore during the same period last year, the assets under management at the end of June 2007 were Rs 2,151 crore. During this ... More

Update
Franklin Templeton Investments has announced a dividend of Rs 6 per unit (face value of Rs 10) under its scheme Franklin India Prima Fund. The record date for the same is July 18.JM Financial Mutual Fund has launched the JM ... More

STOCKS
Tata Chemicals: Buy
The stock of Tata Chemicals may be a good investment option for conservative investors with a two-year horizon. The prospect of continuing volume gains in the fertiliser business, strong growth in the chemicals business as recent global ... More

MindTree Consulting: Hold
The headway the company has made in high-value services mix and in scaling up its operations make it a preferred play among mid-sized IT companies. More

Corporation Bank: Buy
More

Mega connection
Megasoft has announced the acquisition of Boston Communications Group Inc, a US-based telecom service provider, for $ 65 million (approximately Rs 260 ... More

Taking off
A GMR Infrastructure-led consortium has bagged a Rs 11,000-crore project to modernise Istanbul’s new international airport terminal.

Power in the line
KEC International has bagged two contracts amounting to Rs 176 crore in Riyadh and Abu Dhabi for the supply, erection and commissioning of transmission lines in the two cities. ... More

Rely on it
Reliance Energy has announced plans to invest about Rs 60,000 crore in the next five years to add a generation capacity for 15,000 MW.

TECHNICAL ANALYSIS
Index Outlook
Market mood is swinging back to a state of utopia where all the negatives are banished from the realm of thought and only the positives are allowed to blossom. Strong global markets and the liquidity suffusing our markets could be partly ... More

Reliance
After languishing in a narrow band for over four weeks, RIL made a decisive move upwards last Friday. The correction of the medium term up-trend from the March trough of Rs 1,262 could have been a shallow one that ended last Thursday. Such ... More

SBI
It was an uneventful week for SBI. The stock scarcely moved in either direction and closed unchanged for the week. Volumes too plunged in this counter displaying investor disinterest. The sell signals in the momentum charts are a concern. But ... More

Tata Steel
Tata Steel outshone the other pivotals last week with an 11 per cent gain. The stock has also closed at a record high for the week. Last week’s move indicates that the stock could have launched the third leg of the move from the ... More

Infosys
The earnings announcement has left the trends along all the time frames untouched in this stock. Though volumes picked up last week, it is still a will-it-or-will-it-not breach of Rs 1,900 for Infosys. A close beyond the long-term ... More

ACC
ACC has made a decisive move past the intermediate-term resistance band indicated last week. The near term targets are Rs 1,136 and then Rs 1,174. Hold the stock with a stop at Rs 1,020. Dips can be used to initiate fresh positions for the ... More

ONGC
ONGC turned in a neutral performance last week. Though there was no deterioration in price, it could not move higher either. The moving average at Rs 900 and then the Fibonacci retracement level of Rs 915 would be the resistances for the week ... More

Query Corner
I hold TVS Motors at Rs 68 and Dish TV at Rs 116. What is the outlook for these companies? R. MohanTVS Motor (Rs 63.50): In our previous review of this stock in December 2006, we had expected the slide to ... More

Trader's Corner
We continue to mull over the ways in which the Fibonacci series and ratios are useful in real-time trading this week too. The regularity with which these ratios keep popping up while using technical analysis is astounding. We discussed ... More

CARS
Speeding speculation on the Rs 1-lakh car
More

Born on the fourth of July
More

STOCK MARKETS
Prominent bulk deals on NSE & BSE
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Predictive markets

If you are an employee, it is likely that your views are not always accepted by your employer. Worst still, if your organisation is like the one that my friend works for, a consultant will be paid fancy fees to deliver the same ... More

What’s ahead
Apart from IT majors Satyam and TCS, Aban Offshore, ACC, Birla Power, DLF, HEG and Orchid Chemicals are slated to announce their first quarter earnings number next week.The expected listing of Spice ... More

DERIVATIVES MARKETS
Nifty bull momentum may taper off
More

INTERVIEW
‘We create a portfolio ahead of a trend’
More

INCOME TAX
How to make Forms less taxing
IT returns More

When education becomes taxing
Is it necessary that interest should be paid on an education loan to get deduction under Section 80E? Can I claim the interest accrued during the moratorium period, that is, during the period when I am not required ... More

IPOS
Omaxe: Invest at cut-off
The company may see improved margins as it has crossed the initial years of brand-building and accumulating land. More

PEOPLE
Investment Nuggets
Meet Dr Mark Mobius, the undisputed Guru on emerging markets, with more than 30 years of experience, working and investing in Asia and other emerging markets. As President of the Templeton’s Emerging Markets Fund, Dr Mobius is the lead ... More

BOOKS
Stock market is a giant distraction
The only investment that guarantees you ‘fair share of the returns that business earns’ is index fund says John C. Bogle in ‘The Little Book of Common Sense Investing’ ( More

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Top Stories
Omaxe: Invest at cut-off

‘Kraft’ing a difficult deal

How equity funds fared over the April-June 2007 quarter

Query Corner

Equity derivatives: A case for product reforms

Nifty bull momentum may taper off

The importance of a quarter

How to make Forms less taxing

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