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INVESTMENT WORLD
STOCKS:
Mid-cap stocks play catch up
Before this unexpected market rebound got underway, market watchers believed that large-cap stocks were the best option to ride a recovery wave. Mid-cap stocks were widely expected to lag large-cap stocks in a rebound, given the ...
TECHNICAL ANALYSIS:
Index Outlook
The weekly candlestick chart of Sensex in which a small star is hanging high above the up-move recorded so far says it all. The fantastic outburst on Monday has taken Sensex in to a different orbit altogether. Though there could be no denying ...
STOCKS:
Rural Electrification Corp: Buy
Investors can consider buying the Rural Electrification Corporation (REC) stock as it has immense growth prospects. However, phased buying is recommended given the run-up in PSU stocks and the likelihood of a volatile market. The NBFC has ...
STOCKS:
HCL Infosystems: Hold
Investors can retain their holding in HCL Infosystems, keeping a two-three-year horizon, in light of the company’s ability to tap into domestic IT hardware market, especially from the government and ...
STOCKS:
Ahluwalia Contracts (India): Buy
Ahluwalia Contracts India (ACIL), a long-established construction contractor, operates primarily in the commercial, residential and industrial contracts space. The stock, at its current price of Rs 62.3, trades at 6.5 times its ...
STOCKS:
Voltamp Transformers: Buy
A healthy order book, improved volumes in the March quarter, low debt and revival in activity in the transmission and distribution space buttress the earnings visibility for Voltamp Transformers. Investors with a two-three-year perspective ...
MUTUAL FUNDS:
Franklin India Bluechip Fund: Invest
New investments can be considered in Franklin India Bluechip Fund, based on fund’s good long-term track record. After suffering a setback to its performance (relative to its benchmark and peers) in 2007, the fund made a comeback during ...
MUTUAL FUNDS:
Equity Funds Who participated in the rally
After falling many paces behind the bellwether index in the initial part of this stunning stock market rise, equity mutual funds have begun to catch up in recent weeks. Diversified equity funds (as a category) now sport a three-month ...
INVESTMENTS:
The why and how of circuit limits
Earlier this week, history was made by the Indian stock market as a euphoric reaction to the Congress-led UPA winning the elections. It was a ‘golden Monday’ or so investors ...
REAL ESTATE & CONSTRUCTION:
Green cities for India
Ahmedabad, Jaipur, Melbourne, Palhoca, Stockholm, Johannesburg… a part of a list of 16 cities spread across six continents — what do these have ...
REAL ESTATE & CONSTRUCTION:
Joint venture, order of the day
Are joint ventures an option for developers to get around the resistance to land price correction? Yes, say developers who believe that it helps to arrive at a happy medium with the land owners on the crucial issue of ...
CORPORATE:
Many avatars to profits
When analysts or investors talk of a company’s profit growth, they usually refer to its net profits — the profits after interest, depreciation and taxes. But is this the most important measure of how fast a company is growing? ...
INTERVIEW:
‘Market has moved from distressed to fair-value zone’
The market is in fair value zone, and has discounted an improving picture on future earnings. Asserting that it was the domestic institutions that held up markets in January-March 2009, Mr Sanjay Sinha, CEO of ...
STOCK MARKETS:
Checking out the multi-baggers
If you were keen on buying the multi-baggers in this particular rally, you should have bought small-caps from the beaten down realty and infrastructure sectors on March 9. Thirty-eight of the BSE-500 stocks were multi-baggers in this ...
INTERVIEW:
‘We expect the market to trend upwards’
Not only individual investors, even fund managers have been surprised by the speed and extent of the recent market rally. How should investors interpret this rally? Is it a case of too much too soon? Business Line caught up with ...
INCOME TAX:
Tax relief on housing loan EMI and HRA
I am a mechanical engineer and work for a public limited company. I purchased a flat in Akola (Maharashtra) last year for which I had taken a loan from State Bank of India. After about 6 months I changed my job and am now working ...
REAL ESTATE & CONSTRUCTION:
Showcasing Indian architecture
‘Golden Hands – The Power of Architecture’, featuring 30 contemporary works of 15 Indian architects, was unveiled by White Flag Media & Communications Ltd, in ...
REAL ESTATE & CONSTRUCTION:
Commercial space cheaper, yet few takers
The economic slowdown has hit the value of commercial space in Visakhapatnam. With several retail chains closing down, commercial space is cheaper by 25-30 per cent . However, even at the reduced rates, there are not many takers and it ...
TECHNICAL ANALYSIS:
Query Corner: What the charts say
I am holding shares of Axis Bank purchased at Rs 1,040 and Om Metals and Infra bought at Rs 38. Where are the short and medium term supports and resistances for these ...
INVESTMENTS:
Using a trailing stop loss
“Too much too soon” is the view that majority of stock market participants hold on the recent market rally, having been left out of most of ...
MUTUAL FUNDS:
Did you make money or create wealth?
The recent equity market rally has caught a lot of people by surprise, whether they are investors, brokers, or seasoned fund managers. In fact, many have dismissed this rally as not sustainable, while reasoning why they weren’t able to ...
ECONOMY:
US: Recovery is still some way away
The “green shoots” argument that has everyone hoping that a recovery in the US economy is around the corner is already beginning to sound a little weak, with the latest set of economic data releases. Investor and consumer sentiment ...
ECONOMICS:
Delaying gratification
My friend, a cricket fan, wanted to watch the T-20 matches played in South Africa. He, however, had to take a certification course which could help him get a fancy salary hike. What did he do? He skipped the T-20 matches but promised himself ...
TECHNICAL ANALYSIS:
Maruti Suzuki
The impetus provided by election results helped MSIL reach our medium-term target of Rs 950. But the buying momentum took the stock beyond this target to an intra-week peak at Rs 1,058. The area around Rs 950 is a key intermediate term ...
TECHNICAL ANALYSIS:
Reliance
RIL sky-rocketed to Rs 2,490 on Tuesday morning before a bout of selling dragged it lower. The stock surpassed our second medium-term target of Rs 2,384 on Tuesday morning, but closed been well below this level. This is a key intermediate ...
TECHNICAL ANALYSIS:
ONGC
We had expected the rally from January low in ONGC to halt around Rs 900 (38.2 per cent retracement of the previous down-move). But last week’s blitzkrieg has taken the heavy-weight to Rs 1,100 that is 61.8 per cent retracement of the ...
TECHNICAL ANALYSIS:
Infosys
Infosys is among the few large-cap stocks that gave up all the gains made in the early week outburst and closed with a loss. The stock crashed 17 per cent from the peak of Rs 1,830 recorded on Tuesday. The medium-term trend has reversed ...
TECHNICAL ANALYSIS:
SBI
SBI too surged far above our conservative medium-term target of Rs 1,500 to record an intra-week peak at Rs ...
TECHNICAL ANALYSIS:
Tata Steel
Tata Steel moved in line with our expectation, breaking out above the resistance at Rs 300 towards our medium term target of Rs ...
INVESTMENTS:
New Pension System : Is it an optimal retirement vehicle?
Last week, this column discussed about asset location — a process of locating various asset classes inside the tax-advantaged sleeve and taxable sleeve, while retaining the target asset allocation. In this context, we mentioned about ...
DERIVATIVES MARKETS:
Nifty future appears to be overbought
With the return of Congress-led UPA in the Lok Sabha elections, this time without the Left parties, the stock markets saw an unprecedented surge. For the first time in the Indian stock market history, the market-wide upper circuit was ...
STOCKS:
Aries Agro (Rs 43.4): Buy
Investors with medium-term perspective can consider buying Aries Agro. The long-term downtrend in the stock halted in March 2009 and a nascent uptrend is on since then. Prolonged positive divergence in the weekly oscillators implies that ...
INVESTMENTS:
Inclusive plan to reach goal
I am Rohit, aged 33, working with a financial company. My family consists of four members besides me – my dad, aged 55 and self-employed; my mother, housewife; my wife, aged 33 and working in a bank; and a ...
STOCK MARKETS:
Bull's Eye
E-mail your response before Tuesday ...
STOCK MARKETS:
Baskets of X
E-mail your guess before Tuesday ...
BOOKS:
Know the market
What happens when, as a trader, you do not set up a basic strategy and are bereft of a sound philosophy of what the market is doing and why? You will be at the mercy of every panic, boom, rumour, tip, and every wind that blows, cautions the ...
MUTUAL FUNDS:
Update
UTI Wealth Builder Fund-Series II has declared tax-free dividend of 8 per cent. The record date for the dividend is May 27. All unit holders registered under the dividend option of the scheme as on May 27 will be eligible for ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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