INVESTMENT WORLD
STOCKS
Carborundum Universal: Buy
Investors with a two-three year perspective can consider taking exposure to the stock of Carborundum Universal (CUMI), a leading player in the abrasives and industrial ceramics space. Ongoing expansion in capacity, growing focus on ...
More
Orders galore
Engineering and construction giant, Larsen and Toubro, has bagged orders worth Rs 4,800 crore entailing construction of IT parks, hotels, malls and works relating to Cairn’s Rajasthan project. ...
More
Value unlocking
The State Bank of India has picked up 2 per cent stake in Mahindra & Mahindra’s step down subsidiary, Mahindra Holidays and Resorts India, through a pre-IPO placement valued at Rs 800 crore. ...
More
Gitanjali Gems: Buy
More
Ansal Housing and Construction: Buy
More
Dropping anchor
Bharati Shipyard plans to construct a green field modern shipyard at Usgaon near the Dabhol port in Ratnagiri district. The yard would have the capacity to build vessels up to 100,000 DWT (dead weight tonnes) and will be fully operational in ...
More
Needful things
Aditya Birla Nuvo needs funds to meet investments/capital expenditure. The Board , subject to necessary approval, has approved the proposal for raising over Rs 4,000 crore in next 18 months through preferential offer to ...
More
NEW FUND OFFER
NEW FUND ON THE BLOCK
AIG Infrastructure and Economic Reforms Fund — A diversified theme
Investment Proposition: Increased infrastructure spending undertaken by the Government jointly with the private sector has heightened the prospects for infrastructure companies and sectors that are involved in building ...
More
Update
Lotus Mutual has launched Lotus Mid N Small Cap Fund - a three year closed-ended equity scheme. The fund will invest in equity and equity related instruments of mid and small cap companies. Exposure in mid-cap ...
More
AUTOMOBILES
The Ninth Auto Expo 2008 — From people’s cars to gods of speed
The biannual Auto Expo held in the country’s capital is an opportunity for the domestic automobile industry to showcase its best products, new technology and emerging trends. This year, the ninth edition of the Auto Expo, arguably ...
More
INSIGHT
Getting their act together
Equity funds in 2007
More
Fusion investing for optimal gains
More
How equity funds are different from stocks
More
MUTUAL FUNDS
Market View
The Fixed Income market is set for some interesting times ahead. Interest rates have been on a rising path for the lost 3 years and look set to soften from the current levels. Bond prices move inversely to interest rates, hence a fall in ...
More
ICICI Pru Services Industries — Construction trebled
ICICI Pru Services Industries is an open-ended equity scheme that seeks to invest in companies belonging to the service industries across various market capitalisation segments. Over the six months ended December 2007, its assets ...
More
SBI Bluechip Fund: Switch
The objective of SBI Bluechip Fund is to invest in a diversified basket of stocks whose market capitalisation is at least equal to or more than the benchmark BSE 100. Despite the trend of large-cap stocks outpacing the mid and small cap ...
More
Fund Talk
I am a retired professional, aged 58 yrs. I have invested in nearly 27 mutual fund schemes (details of which are enclosed). I have been booking profits one year from the date of investment, and when the NAV appreciated. So far, I ...
More
TECHNICAL ANALYSIS
Index Outlook
For once, the Sensex scaled a 1000-point peak without any fanfare. Market participants were too preoccupied with the small-cap meltdown to pay much attention to the crossing of the 21000-milestone by the benchmark. The cheers were reserved, ...
More
Query Corner
Kindly give your view on technical outlook for Ind Swift and Simplex Castings. P. K. MurthyInd Swift (Rs 38): Ind Swift Labs is in a long-term down trend since September 2005. The ...
More
Positive trend in RIL
Reliance played the atlas last week; helping to keep the Sensex and the Nifty to stay afloat. The stock moved past the resistance at Rs 3,050 to achieve our first target of Rs 3,114. The break-out last week could be the resumption of the ...
More
SBI
State Bank of India did not make any headway in either direction last week. The stock is moving within a broad based channel between Rs 2,200 and Rs 2,500, since November 2007. This move could be succeeded by an upward break-out to Rs ...
More
Tata Steel
Tata Steel moved contrary to our expectation last week; recording an 8 per cent weekly loss. The evening star formation in the weekly chart and the move below the 50-day moving average bodes ill for the stock. The stock appears to be charting ...
More
Infosys
Infosys moved lower to record a 7 per cent loss last week. The long-term down trend that began from the February 2007 peak continues to be in force. This move can make the stock fall much below the recent trough of Rs 1,511. The minimum ...
More
Bharti Airtel
Though it did not slide lower as expected, the movement last week lacks conviction and we adhere to the view that the stock can move lower to Rs 880. But the weekly momentum indicators are turning positive and the fact that Bharti is holding ...
More
Satyam Computer
Satyam moved lower along with the rest of the IT pivotals last week. The stock has once more moved close to the long-term support at Rs 400. The stock has been repeatedly battering on this buttress since August 2007. Traders ought to wait for ...
More
CARS
Taking the common man to Nano-sphere
More
FOODGRAINS
COMMODITY CONCEPTS
Cultivating controversy
While technology and subsidy together have heightened agricultural crop production prospects in the last 10 years, the ongoing biofuels revolution — traditional food crops diverted for fuel purposes — has catapulted global ...
More
ECONOMICS
Endowment effect
One of our friends recently bought shares of Agrotech Foods at Rs 190. He also had several hundreds of them lying in physical form till not so long ago. Our friend sold the shares that he bought recently for small gains. He was willing to sell ...
More
STOCK MARKETS
Baskets of X
More
Trader's Corner
Some tools in technical analysis appear so simple that they are dismissed by most after a cursory glance. ‘Andrew’s pitchfork’ is one such tool that does not receive the attention that it deserves. This technical tool was ...
More
Prominent bulk deals on NSE and BSE
More
Bull's Eye
More
What’s Ahead?
Biggies such as TCS (Jan 16), Reliance (Jan 17), HDFC (Jan 18) and ICICI Bank (Jan 19) are slated to announce their December quarter earnings this week. With a large portion of India Inc declaring numbers, investors should brace up for ...
More
DERIVATIVES MARKETS
Nifty future may weaken further
More
PUBLIC SECTOR BANKS
LONG AND SHORT
A bank by any other name…
Take a short walk through the banking district here in South Mumbai, if possible on a weekend when the offices are closed, and there is a familiar scene outside several bank branches and offices. One that is becoming a regular feature of my ...
More
REGULATORY BODIES & RULINGS
Positions versus postures
Comment on the SAT order clearing Mathew Easow
More
INTERVIEW
‘We have a strong international growth strategy in place’
More
INCOME TAX
Short-term gains from shares
I am a salaried employee and the tax is deducted from my salary at source. I also made a short-term capital gain from the sale of shares and I would like to know what will be the tax payable by me on such ...
More
IPOS
Reliance Power — IPO: Invest
More
Future Capital Holdings – IPO: Avoid
More
BOOKS
Navigate carefully through numbers
Believe me, numbu in Tamil, which closely rhymes with ‘number,’ means ‘believe.’ Belief, though, can be hard to come by for numbers. For, as someone regularly imbibing business and economic news, ...
More
Advt Links:
•
Geschlossene Schiffsbeteiligungen Fonds
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds