The Hindu Business Line : Sunday, March 06, 2005

SPEED-e services
SPEED-e is a common Internet infrastructure that enables depository participants to provide depository services to their clients. What is meant by pre-notified clearing member accounts? Should this pre-notified clearing member also be a user ... More

PENSION PLANS

Pension plan limit stays at Rs 10,000
IT may not yet be time to uncork the bubbly for prospective pension plan investors and insurance companies that offer such plans. The Budget fine print reveals that the investment limit in pension plans offered by insurance companies is ... More

MUTUAL FUNDS

A fund that could glitter
The recent Budget decision to introduce Gold Exchange Traded Funds with `gold' as the underlying asset will facilitate buying and selling of the yellow metal even in the smallest of units. This is a welcome move that signifies India is catching up wi th the developed markets. More

SBI Magnum TaxGain: Invest in small lots
AN investment may be considered in SBI Magnum TaxGain Scheme'93 as it has shown signs of maintaining the considerable improvement in its performance over the past couple of years. We had advocated a hold ... More

Principal Growth Fund: Invest
INVESTMENTS may be considered in Principal Growth Fund. The fund has performed impressively over the past year, delivering a return of nearly 50 per cent. Its three-year track record compares well with the likes of HDFC ... More

Principal MF moots new equity scheme
PRINCIPAL MF has proposed an equity scheme that will mainly invest in companies with a market capitalisation of at least Rs 1,000 crore. The Principal Large Cap Fund, which is pending regulatory approval, will have the 50-share S&P CNX Nifty as . More

Tata MF mid-cap offer
`Mid-cap', in this case, will either relate to companies with a market cap of Rs 75 crore-Rs 3,000 crore or those with the lowest market cap in the Nifty as on the immediately previous business day, whichever is higher. According to an ... More

Dividend galore from funds

Stay invested in ELSS funds

TECHNICAL ANALYSIS

Positive outlook for Nifty
Preferred view: The index managed to hold above the crucial negative trigger level of 2043 that was mentioned a couple of weeks ago. Though there was an intra-day breach of this level on a couple of days, the index managed to close ... More

Bullish near term for Reliance, HLL
Tata Power (Rs 404): The stock ruled weak as anticipated a couple of weeks ago. The stock has turned weak after the completion of a bearish upward sloping "wedge" pattern. The share price could drop to the Rs 370-380 range. A drop below Rs ... More

Focus of the week
Bombay Dyeing (Rs 351.5): The outlook for the stock was covered a few weeks ago (edition dated February 6). The stock has moved well past the target zone that was mentioned earlier. The stock appears to be in the Wave 3 of 3 in Elliott ... More

Query corner

STOCK MARKETS

When alpha becomes beta
IT HAS become difficult for traders to accumulate stocks in the market without immediately impacting prices. After all, when everybody wants to buy, sharp increase in volumes in a stock will not go unnoticed. Such ... More

Pick a winner stock contest

DERIVATIVES MARKETS

Active trading in Infosys, Tata Steel
ON the back of some positive announcements in the Budget, trading activity picked up smartly; the average daily turnover jumped to Rs 14,293 crore against the previous week figure of Rs 13,956 crore. Budget booster: According to the ... More

Options guide

RECOMMENDATION

Andhra Bank: Buy
AN investment in the stock of Andhra Bank can be considered at the prevailing price. The stock is trading at a price-to-earnings multiple (PEM) of nearly eight times its earnings for the 12-month period ended December 2004. The earnings for this ... More

Welspun India: Buy
EXPOSURE to the Welspun India stock can be considered. The stock trades at about 25 times its expected FY-05 earnings per share, taking into consideration the expansion in the equity base on account of the merger with ... More

HEG: Wire it on
INVESTORS may include the HEG stock in their portfolio. Taking into account the growth prospects and the implementation of capacity expansion projects, HEG's performance can be expected to improve. Investors may buy ... More

MRPL: Buy
Having staged a turnaround in 2003-04, the company is now all set to wipe out its accumulated losses this fiscal. More

Gujarat Alkalies: Buy
INVESTORS with a long-term perspective can buy the stock of Gujarat Alkalies. Firm trends in caustic soda price and the likely price stability at higher levels, a likely boost to revenues from capacity expansion, debt ... More

IPOS

Gateway Distriparks launches IPO
GATEWAY Distriparks Ltd, engaged in providing container freight station (CFS) and inland container depot (ICD) services, is launching an initial public offering of 21 million equity shares of Rs 10 each at a price to be decided through the ... More

PUBLIC OFFER

Emami: Avoid
INVESTORS may refrain from subscribing to the public offer of equity from Emami. At the two extremes of the price band, the asking price for this offer translates into a price-earnings multiple of 16 and 20 times ... More

Stock Quotes
SE Diary

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