Sundaram Mutual has launched Sundaram Capex Opportunities Fund. The offer will be between August 10 and September 5. This open-end fund will invest in companies that have a presence in the capital goods sector. The universe will ...
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FUND VIEW
`Indian markets will attract sustained flows': Franklin Templeton Mutual Fund
THE sustained FII flows indicate that the return expectations of global investors could be lower than those of domestic investors. On the other hand, recent economic data has been ahead of expectations due to a ...
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FUND TALK
How often should I book profits?
In a recent TV programme, an expert was asked whether it is worthwhile for a retail investor in equity funds to book profits now, in view of the record high levels of Sensex and other indices. He was categorical that this should not be ...
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STOCKS
Orient Abrasives: Buy
AN investment may be considered in the Orient Abrasives stock when it settles on an ex-stock split basis next week, as it holds promise of appreciation over a one- to two-year period. Based on the split ratio, it is likely to settle at about Rs ...
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Bajaj Auto: Buy
AN investment can be considered in the stock of Bajaj Auto, especially on weakness linked to the broad markets. The company has managed to report another quarter of improved performance. A 33 per cent rise in ...
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GHCL: Buy
SHAREHOLDERS can consider taking fresh exposure to the stock of GHCL (formerly Gujarat Heavy Chemicals), which trades at 13 times its trailing 12-month earnings. Higher realisations have increased the company's margins for the first quarter; ...
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Hindustan Construction: Hold
SHAREHOLDERS can remain invested in the Hindustan Construction stock despite the company's sharp run-up in price and the declining operating profit margin. At the current market price, the share trades at about 17 times its expected FY-06 ...
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National Aluminium: Hold
SHAREHOLDERS can consider retaining their exposure in the National Aluminium Company (Nalco) stock at the current price levels. Since the stock has run-up sharply, fresh exposure can be avoided for now. Any ...
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Rajasthan Spinning: Hold
DESPITE a sedate growth in revenues, Rajasthan Spinning recorded an impressive jump in profits for the quarter-ended June 2005. Stable raw material prices and improved operating efficiencies translated into a healthy ...
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TECHNICAL ANALYSIS
Query corner
Please advise whether to hold or sell GlaxoSmithKline Pharma. Sudhir Padhye, Suma Sudheer Glaxo (Rs 911.8): The long-term trend is bullish and the stock could move to the Rs 1000-1050 range shortly. There is no ...
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Momentum wanes in Nifty
Preferred view: The expected short-term correction materialised during the week. This was reflected in the form of a lacklustre activity, and the Nifty remained unchanged on a week-on-week basis. Contrary to the strong bullish ...
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Reliance may test support level
Reliance Ind (Rs 703.7): The stock ruled weak and dropped below the first support level at the Rs 708-710 range. The recent price patterns suggest that the share price could test the next support level at the Rs 680-685 range. The ...
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Focus of the week
Tata Chemicals (Rs 188.3): The outlook is positive and the share price could move to the Rs 225-230 range in the near term. The positive outlook would be in force as long as the stock holds above the stop-loss level of Rs 160. A ...
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CARS
Swift in race with Getz
QUICK, think of a manufacturer most likely to launch a globally acceptable, dream small car for the masses in India. A car that is technologically superior, feature rich, performance oriented and yet fuel-efficient. If we had posed that question ...
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Setting a tech benchmark
MARUTI was caught unawares just before the turn of the millennium, when Hyundai beat the near monopolist by being the first to offer new technology in a new small car that met the stipulated emission norms. The technology platform that helped ...
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Front to the wall ad strategy
POSITIONED smack in the middle and dominating the showroom foyer, the over-sized poster of the near-bare back of a woman was attracting more than hesitant stares. Customers walking back after the trial were sheepishly trying to stick `Post-Its' ...
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Engines, inside out
THE Getz and the Swift are set very close to each other on performance parameters. Both feature 1.3 litre engines that have been derived from existing mills the Accent's in the case of the Getz and the Esteem's in the case of the ...
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Santro Xing to cost more
Hyundai has raised the price of the Santro Xing by a maximum of Rs 11,000; the price hikes will cover the Euro III variants XK, XL and XG. Alagappan ...
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Optra at less than Rs 7 lakh
Chevrolet is offering the lower end of the Optra 1.6L at Rs 6.99 lakh (ex-showroom, Delhi). Special offers are also available on the other variants of the Optra. The offer, which opened on August 6, is open up to August 17. ...
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Offers from Tata Motors
Tata Motors has fallen in line to share the burden of its customers affected in the rains that lashed Mumbai. The company has announced a special service offer for owners of its cars in Mumbai and its suburbs, which have suffered damage from the ...
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New version of Indigo
Tata Motors has come out with Indigo-Tdi, a new version of its diesel-powered sedan . The only change is that the turbo charged car is fitted with an intercooler to boost the vehicle's performance to 70PS. Alagappan ...
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Celebrating 60 years offer from M&M
Mahindra & Mahindra, as part of its 60th year celebrations, has come out with a special offer. Customers are entitled to gifts ranging from Scorpios to special edition watches from Timex on purchase of every vehicle from its stable. Mahindra is .
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TWO/THREE WHEELERS
WHEELS 'N' DEALS
LML's CRD 100
LML has launched CRD 100, a new bike in the standard segment. An 8.2 bhp engine, which generates a torque of 0.84 kgm, powers the bike. The entry-level bike comes in two variants, priced at Rs 31,430 and Rs 32,430. Bastra of Germany has ...
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ECONOMICS
Neuro economics
YOU might have read about the strike at the Honda Motor Cycle factory in Gurgaon. Production was disrupted for sometime causing losses to the company and, perhaps, to the workers as well. This goes against the basic principle of economics. If the ...
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STOCK MARKETS
He makes big bucks from small margins
"The uptrend will continue but the market will be volatile. I would say the equity market is getting a little dangerous now."
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DERIVATIVES MARKETS
SEBI GUIDE
A sneak view of margin trading
Secondary market refers to a market where securities are traded after being initially offered to the public in the primary market and/or listed on the Stock Exchange. Majority of the trading is done in the secondary market. Secondary market ...
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IDFC in F&O list
TRADING activity was robust last week even as there was a high degree of volatility at the derivative segment on the NSE; the average daily turnover was Rs 17,227 crore against the previous week's figure of Rs 17,123 crore. IDFC, which ...
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F&O POINTERS
Volatility may continue
NIFTY outlook: Last week, we had anticipated a volatile trading pattern in Nifty and it moved in line with expectations. To benefit from the volatile trend, we had advised investors to go short if the Nifty dips below 2350 levels and had ...
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FIXED DEPOSITS
KCP Sugar offers 9% interest
KCP Sugar and Industries: Investors can consider subscribing to the two-year fixed deposit programme from KCP Sugar and Industries Corporation. A cyclical upturn in the sugar industry, coupled with lower interest costs has significantly ...
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INCOME TAX
The good and bad news about e-filing of I-T returns
HAVE you missed the due date for filing income tax returns and are reluctant to pay the penal interest for delayed filing? Thanks to electronic-filing (e-filing), you have another chance and don't have to the pay the ...
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Can tax benefit be claimed on the entire EMI when house is jointly owned?
I HAVE taken a housing loan to purchase an apartment. The loan is in my name and I am paying the EMI . The property is, however, in the name of my wife and me. My wife does not have any income. Can I claim tax ...
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IPOS
Sasken Technologies: Invest at cut-off
INVESTORS with an appetite for risk can take exposurein the book-built public offering by Sasken Communication Technologies (Sasken). As a products-cum-services play focussed on the telecom vertical, Sasken will be ...
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BOOKS
Seven steps to trading success
IF you are unaware of your blind spots as a trader, you can be run over by a nasty eighteen-wheeler before you know what hit you, warns Price Headley of BigTrends.com in his foreword to a new book by Toni Turner, "Short-term Trading in the New ...
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