The Hindu Business Line : Sunday, March 27, 2005

Trends in mutual fund flows — Is shift to equities sustainable?
RECENT trends in mutual fund flows suggest that the Indian investor is regaining his appetite for equities. But is he willing to make them a part of his regular diet? The evidence on this is not conclusive. For ... More

Choppy equity markets may infuse life, spur flows into debt funds
ASSET management companies are hoping that the current slump in the equity markets will help provide some respite to dying debt funds. The poor run that debt funds have had in the last few months have put them behind savings schemes and even ... More

Reliance MF declares bonus and dividends

Reliance Mutual has declared a dividend of 50 per cent each for Reliance Vision Fund and Reliance Growth Fund and a dividend of 30 per cent of Reliance Banking Fund. The fund has declared a bonus in the ratio of 2 units for every 5 units for ... More

SPOTLIGHT
ABN Amro Equity Fund: Hold
INVESTORS in ABN Amro Equity Fund can continue to hold their exposures. Its performance in the first six months after launch has been impressive. It has raked in returns of 35 per cent, beating the market in the ... More

PruICICI Tax Plan: Invest in small lots
AN investment may be considered in PruICICI Tax Plan as part of a portfolio of tax-saving funds. The fund has through an aggressive strategy moved to the forefront of performers in this category. It has benefited from a ... More

Equity funds to supplement pension
I work in the railways as Office Superintendent with a gross pay of Rs 11,500 per month. I am entitled to pension after retirement and have around nine years of service left. I want to build a retirement corpus through mutual fund ... More

STOCKS

Commodity stocks: Hedging a possible dollar fall
The continued fall in the dollar and a weaker US economy do not augur well for most industries. There is thus a strong need to hedge the dollar decline, and commodities fit the bill. More

TECHNICAL ANALYSIS

Bearish trend likely in the Nifty
Preferred view: Contrary to the anticipated short-term positive outlook, a bearish trend prevailed in the Nifty during the past week. The failure to move past the positive trigger level of 2127 and the drop below the negative ... More

A feeble recovery in Reliance
Reliance Ind (Rs 560.1): After a weak trend in the first two days of the week, the stock recovered ground in the last couple of trading sessions. The recent recovery appears to be just a correction to the earlier fall. The stock is ... More

Focus of the week
Great Eastern Shipping (Rs 153.5): After topping out at Rs 199.4 in November 2004, the stock has been in a corrective phase. This corrective phase does not appear complete. The near-term outlook is bearish and a drop to Rs 135-140 range ... More

Query corner

DERIVATIVES MARKETS

Nifty may stay volatile
THERE was no let up in the selling pressure in equities in the spot market; but that did not deter market participants from entering in to the derivative segment in the penultimate week of settlement of March contracts. The average daily ... More

Risk arrays in SPAN
THE objective of SPAN is to identify overall risk in a portfolio of futures and options contracts for each member. The system treats futures and options contracts uniformly, while at the same time recognising the unique exposures associated with ... More

Options guide

Futures guide

CORPORATE BONDS

ICICI Bonds: For high net worth investors
Tax Savings Bond: Avoid More

RECOMMENDATION

Coromandel Fertilisers: Buy
INVESTORS can add the Coromandel Fertilisers stock to their portfolio with a long-term investment perspective. At about Rs 200, the stock trades at a modest price-earnings multiple of about eight times its trailing 12-month earnings. A large ... More

Tata Tea: Hold
TATA TEA shareholders can retain their holdings of the stock. At the current price of Rs 500, the stock trades at about 12 times its likely consolidated per share earnings for FY-05. The company's margins could, ... More

SKF India: Book profits
THE financial performance of SKF India for the year ended December 2004 reflects the buoyant environment that has prevailed in the bearing industry during this period. Being a market leader, the company has ... More

Goodlass Nerolac: Book profits/Re-enter at lower levels
INVESTORS can consider booking profits in the Goodlass Nerolac stock and contemplate re-entry at lower levels. Business Line has `buy' recommendations on the stock at multiple price points; however, in the ... More

Alfa Laval: Hold
SHAREHOLDERS of Alfa Laval can retain their exposure in the stock though the company may be hard-pressed to repeat the robust earnings growth of the past couple of years. Higher prices of steel and other commodities ... More

IPOS

3i Infotech: Invest at Rs 100
AN INVESTMENT can be made at the upper end of the price band of Rs 90-100 in the book-built public offer of 3i Infotech, formerly, ICICI Infotech. Investors seeking to diversify their IT portfolio will find 3i ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Budget thrusts on plantation sector development

Forex reserves rise $1.7 b

Metal prices may rise further in short term

In Focus

BHEL Disinvestment

The Yuan Revaluation

Dabhol power regenerated

Tracking the rains

Sethusamudram Canal Project