INVESTMENT WORLD
STOCKS
Praj Industries: Hold
Increasing acceptance of ethanol as biofuel on the back of a firm price outlook for crude oil is likely to sustain the growth.
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Colgate-Palmolive: Hold
The deemed dividend will result in an inflow of Rs 9 per share, but has no direct earnings or stock price implications.
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Mudra Lifestyle: Buy
An investment can be considered in the stock of Mudra Lifestyle. This recently listed textile company continues to trade well below its offer price of Rs 90. The stock, on Friday, reacted sharply to the strong earnings reported by ...
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TECHNICAL ANALYSIS
Trader's Corner
Trend identification can be called the keystone of technical analysis. The price typically moves in a wave like motion forming a series of peaks and troughs. The direction in which these peaks and troughs are moving is called the trend. In an up ...
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Index Outlook
Onset of the Indian summer has lulled the markets in to a languorous state. Sensex meandered sideways, going nowhere in particular, for the second successive week. The two holidays were partly responsible for the disinterested trading activity. ...
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Query Corner
I am holding Essel Propack purchased at Rs 70 and Berger Paint at Rs 80. Please tell me the future of these stocks. C. Venkatakrishnan Essel Propack (Rs 79.2): Essel Propack is moving in a narrow range between Rs 67 and Rs ...
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ACC
This stock continued to move in the upward trajectory, achieving our first short-term target of Rs 875. A double zigzag pattern is being formed from the low of Rs 680. The short-term outlook is positive. But a cautious stance is advised till the ...
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Infosys
Infosys closed the week with a gain of 3 per cent. The short-term trend is sideways though the medium term trend in this stock is negative. The third part of the move from Rs 1,912 can take the stock higher to Rs 2,131 or Rs 2,219. The ...
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Tata Steel
Tata Steel reversed from the low of Rs 531. The immediate resistance for the stock exists at Rs 567. If the stock fails to rise above this level, it can slide lower to Rs 533 and then Rs 513 over the week. The crucial short-term support continues ...
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SBI
It was a gritty fight-back by the SBI stock last week. The stock reversed from an intra week low of Rs 1,065. But the recovery lacks conviction as selling pressure was experienced at higher levels every day. The stock can consolidate in the band ...
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Reliance Ind
The movement in RIL stock last week was inconclusive. The dark cloud cover in the daily candlestick chart negates the reversal seen in the beginning of the week. A five-wave move could have been completed at the intra week peak formed at Rs 1651. ...
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ONGC
Two-doji candles formed last week with long upper shadows indicate lack of strength, in the short term. If the stock fails to rise above Rs 960 next week, it can slide lower to Rs 886 and then Rs 854. Short-term investors can continue to hold the ...
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IPOS
Binani Cement: Invest at cut-off
Expansion in production capacity and shift in product mix are positives for this IPO. However, intense competition and policy-linked uncertainties remain.
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MIC Electronics: Invest at cut-off
In a price-sensitive market, the nascent LED display segment may encounter competition from cheaper media applications such as vinyl hoardings.
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INSIGHT
$100,000 limit puts hedge funds within reach of Indian investors
Governments and regulators worldwide are acknowledging the need for hedge funds to impart liquidity and refine the pricing system in stock markets. But guidelines on their marketing will need to be drawn up carefully, so that investors are adequately appraised of the associated risks.
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Fixed maturity plans: Don't forget risk element
The rising interest rates in recent months has shifted focus onto a hitherto neglected investment category among mutual funds fixed maturity plans (FMPs). Floated as close-ended mutual funds, these are investment schemes have maturity ...
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MUTUAL FUNDS
Sundaram BNP Paribas S.M.I.L.E Power is still in favour
Small and mid-cap stocks witnessed a lack-lustre market over the past year and those funds invested in such stocks have had a tough time keeping up with their diversified peers. Sundaram BNP Paribas' S.M.I.L.E (Small and Medium Indian Leading ...
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Magnum Contra: Invest
An investment can be considered in Magnum Contra. The fund's strategy of going against the market has delivered a return of about 9 per cent over the past year. While its performance beats the category average, it may not appear as impressive as ...
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Fund Talk
Both bank deposits and fixed maturity plans from mutual funds are superior and relatively safe options for you to park your money until you require it. Your choice between the two should depend on your risk appetite and tax status.
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STOCK MARKETS
Prominent bulk deals on NSE and BSE
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Baskets of X
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