FINANCIAL SERVICES
Sensex zooms, but no spurt seen in new demat accounts
Monthly gross additions averaging about 1 lakh for some time now More

‘Alternative assets should not exceed 10-15% of portfolio’
Alternative investment classes suit those who are aggressive and are willing to take more risk. You also need a longer time-frame because these investments take a long time to pay off. There is also lack of historical data to indicate what returns wi ll be generated. More

INVESTMENTS
Investment Nuggets
The story of investment author and former journalist Jim Cramer is not just another ‘rags to riches’ journey. The magna-cum-laude graduate from Harvard College, after being rejected by the Southern District of ... More

MUTUAL FUNDS
Theme-based funds ahead of diversified
As the markets moved very sharply, with 1,500 points added to the Sensex within a short span, one-year returns on equity funds climbed to the 60 per cent mark, from the 40 per cent mark a couple of weeks ago. The majority of the top 10 funds ... More

Fund Talk
I own the following equity funds: LIC Opportunities, Principal Infrastructure & Service Industries Fund, UTI Infrastructure, Birla Top 100, Kotak Contra, Standard Chartered Classic Equity, Sundaram BNP Paribas CAPEX ... More

STOCKS
Reliance
Reliance paused for a breather after recording a new all-time high at Rs 2,426. Though the short-term trend has reversed from this peak, the stock is halting above the first support at Rs 2,270. This indicates strength. However, RIL could ... More

SBI
SBI topped the strong surge of the previous week with yet another 8 per cent gain. The three marching soldiers in the daily candlestick chart aptly reflect the militant mood in the stock. This could be an extension of the third wave ... More

Tata Steel
Tata Steel tried to play catch-up with its peers last week, gaining Rs 100 in the last two sessions. The stock has surpassed the outermost target for the fifth wave from Rs 533 trough, thus paving the way for a fifth wave extension that has ... More

Infosys
Infosys joined in the party last week though it ran out of steam by Friday. The close above the 50-day moving average is a positive though it is too soon to pronounce that the intermediate-term down trend has reversed. The stock could not ... More

Bharti Airtel
Bharti Airtel moved sideways after recording an intra-week high of Rs 985. There could be weakness in the short-term that pulls the stock lower to Rs 913 or Rs 874. A halt above Rs 913 would mean that the stock would move past Rs 1,000, ... More

Satyam Comp
Satyam computer reversed from the Rs 400-level once again. Though it moved past Rs 425, it is halting below the key resistance band between Rs 458 and Rs 463. This is also an important Fibonacci resistance level. A strong move past Rs 465 is ... More

STOCK MARKETS
India will continue as ‘buy at decline’ market
Mr Soumendra Nath Lahiri of DSP ML Mutual Fund suggests that investors should now focus on large caps as market breadth is narrow. However, with valuations at 17.5 times FY09 earnings, investors can buy on declines, as markets will consolidate ... More

Query Corner
I hold TCS at Rs 1,220 and Polaris at Rs 185. Should I hold these stocks or come out of them. SatishTCS (Rs 1,056.75): TCS has been under pressure since January after having slid ... More

Structural boost to capital flows
There’s only so much the Government and the Reserve Bank of India can do to stem the rupee’s appreciation against the US dollar in the face of surging capital inflows, the Finance Minister, Mr P. Chidambaram said the other day. The ... More

Prominent bulk deals on NSE & BSE
More

SMART MESSAGE
Go global, cut risks
Markets are dynamic. Yet the principles of investing wisely have remained unchanged from time immemorial. It takes discipline, a long-term outlook, and a good trading strategy to profit from the equity markets, with the least possible amount ... More

Trader's Corner
The derivative segment in our stock market is gaining strength. The turnover in derivatives in India ranges between 70 and 80 per cent of the total market turnover. A constant vigil on the signals from the futures and options market is ... More

RECOMMENDATION
NDTV: Buy
An investment can be considered in the stock of leading news broadcaster NDTV with a three-year perspective. The stock trades at a valuation discount to rivals such as Global Broadcast News, which operates the competing English news channel ... More

Maytas Infra: Invest at cut-off
More

Hanung Toys: Buy
More

Kalindee Rail Nirman: Buy
More

Centurion Bank of Punjab: Buy
More

IPOS
IPO mop-up picks up speed in September
New Delhi, Sept. 29 As the stock market scaled new heights, public issue mop-up by Indian companies too picked-up speed during September with realisations crossing Rs 3,836 crore, compared to just about Rs 665 crore in August. The ... More

REL board meet today to discuss fund raising
Mumbai, Sept 29 Reliance Energy has scheduled a board meeting for Sunday, amidst talk in the stock market and banking circles that it proposes to raise funds through a public issue of shares.A spokesperson for the company said that the ... More

Flipping your stock is a risky game
IPO scorecard More

OUTLOOK
Index Outlook
As the milestones whizzed past the Sensex and Nifty last week, all the concerns plaguing the markets over the last two months appear to have been dumped by the way-side. We are once more in a situation where the controls of the market are in ... More