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Sunday, May 18, 2008
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INVESTMENT WORLD

INVESTMENTS
HOW TO GUIDE
Cashless cover
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Choosing a no-frills insurance plan
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ECONOMY
FOLLOW THE MONEY
Asian indices ignore inflation, post weekly gains
Taiwan, India and Japan were the top performers in Asian stock markets, up by over 4 per cent each; even as crude oil for June delivery neared $128 per barrel (one barrel is equivalent to 117.4 litres) on the New York Mercantile Exchange. ... More

FOREX
TOP OF THE MIND
Rupee-dollar swings
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MUTUAL FUNDS
Magnum Tax Gain: Hold
Unit holders can retain their investments in Magnum Tax Gain even if their three-year lock-in period is over. The fund trailed the benchmark BSE-100 over the past year. But a strong track record, and ability to deliver superior returns when ... More

Sundaram BNP Paribas SMILE Fund: Hold
Investors in the Sundaram BNP Paribas SMILE Fund can hold their units, given the sharp improvement in the fund’s performance over the past year. The fund’s one-year returns, at about 38 per cent, are well ahead of its ... More

Kotak Opportunities Fund: Many structural changes
Kotak Opportunities invests predominantly in large-cap (greater than Rs 7,500-crore market cap) stocks. Small and mid-cap stocks, nevertheless, account for 15 per cent of the portfolio.Over a one and three-year period the fund has ... More

Fund Talk
I am 25 years old and employed. I can save Rs 7,500 a month. I invest in mutual funds with a long-term horizon. I am unlikely to use the funds until 2015. I have tried to classify the funds: Core Portfolio: SIPs ... More

Market View
We have been highlighting the risk of possible earnings downgrades from several sectors over the past four months. Over the past month, this process has been firmly underway and appears to be gathering momentum. To an extent, the downgrades ... More

Fund Update
Mirae Asset Management Company has revised the load structure of the Systematic Plan of Mirae Asset India Opportunities Fund which will be effective from May 12, 2008. The new entry load would be 2.25 per cent on monthly and ... More

STOCKS
Container Corporation: Buy
Investors with at least a two-year perspective can buy the stock of Container Corporation, a leading player in the multi-modal logistics space. A massive infrastructure network, huge wagon inventory and strategic tie-ups with potential ... More

Cadila Healthcare: Buy
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ACC: Hold
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PVR Cinemas: Buy
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Areva T&D India: Buy
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TECHNICAL ANALYSIS
Query Corner
I am holding shares of Jain Irrigation purchased at Rs 610 and Patni Computers bought at Rs 245. Please let me know the prospects of these two stocks for the next 6 months. N S WadhwaniMore

Index Outlook
Sensex put up a gritty act last week, thwarting the correction that was threatening to drag it below 16000. The weak industrial production numbers, spiralling crude prices, galloping inflation et al were dismissed with a shrug as the index ... More

Reliance
Reliance Industries held above our near term support at Rs 2,500 in the early part of the week and moved higher thereafter. The short-term outlook stays positive and the stock can move higher to Rs 2,702 and Rs 2,770 over the next few ... More

SBI
SBI is currently attempting to stabilise itself, following the trough at Rs 1,620 formed on Monday. As outlined last week, a reversal above Rs 1,600 can make the stock fluctuate in the band between Rs 1,600 and Rs 1,900 for a few more weeks. ... More

Tata Steel
Tata Steel moved beyond the key resistance at Rs 850 to achieve the immediate target at Rs 910 last week. Though the daily oscillators are overbought, the stock could move a little further in the near term towards our next target at Rs ... More

Infosys
Infosys moved in line with our expectation, achieving the first downward target at Rs 1700. But the 200 day moving average at that level has helped to kick-off yet another spurt higher that has the immediate targets at Rs 1,953 or Rs 1,972. ... More

Unitech
This stock reversed higher from an intra-week low at Rs 270 after fleetingly testing our key short-term support at Rs 275. The bullish hammer in the weekly candlestick chart and the 10-week rate of change oscillator moving above the ... More

Reliance Infra
Reliance Infrastructure adhered to our script, bouncing from an intra week low at Rs 1,275 to move higher towards the Rs 1,500 mark. The third leg of the move from Rs 1,131 can take the stock towards Rs 1,550 or Rs 1,720. Swing ... More

Tech School
One of the tenets of technical analysis is `price discounts everything'. To accept this tenet, one needs to spend at least a few years poring over the industries and companies' performance data, trying to correlate the stock price moves to such ... More

REAL ESTATE & CONSTRUCTION
GROUND REALITIES
No relief yet for home buyers

As the Government and industry engage in a tug of war, the former pushing for a cut in prices to control inflation and the latter complaining of inability to bring down prices, either because of rising input costs or market ... More

Construction costs building up
Despite talk of bringing down the price of cement and steel, the market is yet to reflect little of the Government’s efforts to rein in prices. Talk to any of the builders or developers, their complaints are that manufacturers implement ... More

Some hotspots in Bangalore
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Coimbatore realty looks to IT
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Solutions to stay in shape
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ECONOMICS
Do you tempt fate?
There is a dogma among a certain category of elderly Indians. Ask them how they are, and they will never reply that they are on top of the world, even if they are. It may be because they are superstitious. And if you ponder deeply, all of us ... More

STOCK MARKETS
Optimal trade size lowers risk
Improving trading efficiency More

Redesign loans against shares
More

Prominent bulk deals on NSE & BSE
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Bull's Eye
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Baskets of X
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DERIVATIVES MARKETS
Current rally may sustain for Nifty future
More

India Inc’s experiment with derivatives
What could be common between Barings Bank, Long Term Capital, Berkshire Hathaway and Indian companies such as ICICI bank, Wockhardt and Varun Shipping? All these companies have, in some way or the other, found themselves on the wrong side of ... More

INTERVIEW
‘Moving towards IP-led revenues’
More

INCOME TAX
Deductions during moratorium period
Please advise me whether interest on loan taken for the education of my son will qualify for deduction during the moratorium period? — Niraj RamanThe deduction under Section 80E is available in ... More

PEOPLE
Nuggets
Dr Marc Faber is the guru of modern investing. His opinion on markets and currencies are meticulously implemented across the world. He is one of the savviest observers of trends across different asset classes in the global ... More

BOOKS
Fear of failure
If you want to get rich, you have to conquer the King Kong of your nightmares, the 800 lb gorilla, ‘the fear of failure,’ advises Felix Dennis in ‘How to Get Rich’ ( More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Query Corner

No relief yet for home buyers

Construction costs building up

Current rally may sustain for Nifty future

Rupee-dollar swings

Optimal trade size lowers risk

‘Moving towards IP-led revenues’

Looking back
May. 11-May. 17
Query Corner

Using Bull Call spreads

Downtrend may continue in Nifty future

‘Our biggest problem is an acute home country bias’

Are you doubly taxed in India and US?

‘Hot’ Bangalore cooling off


Smartbuy



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