The Hindu Business Line : Monday, March 21, 2005

`Churning for short-term hits long-term investors'
IT is not every day that the head of an insurance company, despite the seemingly competing unit-linked products that he offers, assesses mutual funds in a constructive manner. So when Mr Stuart Purdy, MD of Aviva, argues that MFs actually have a ... More

STOCK MARKETS

Clouds of negatives darken sentiment
Fancy valuation or so-called growth discounting and the value discoveries may come to an abrupt halt and are unlikely to resume in April. More

ICICI Bank in limelight
SHARP surge in oil prices, which climbed to a record close of $56.72 a barrel in New York, and disappointing forecast from auto major, General Motor Corp, weakened the US markets. The Dow Jones Industrial Average fell 1.3 per cent to 10,629.67 ... More

Try to be fearful when others are greedy
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OUTLOOK

Fishing in oily waters
The only triggers that can really re-vitalise the markets are a sharp fall in crude and forecast of a better than normal monsoon by the Met department. More

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US insensitivity

Clouds of negatives darken sentiment

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