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Mutual funds predominantly bought auto, FMCG, media, and telecom stocks in May. Metal, and power stocks weighed heavy on their sell list, while stocks were re-aligned in the banking, chemical, cement, oil and gas pack. They bought huge chunks of FMCG heavyweight ITC, while diluted exposure to...

Since the beginning of the previous decade, foreign direct investment (FDI) has become one of the most important sources of capital for emerging market economies (EMEs). The increasing reliance of EMEs on FDI is often seen as an extremely welcome department. Even the Indian government had...

HOT News in the Market This Week *The State Bank of India Act has been amended which is positive news for SBI as it can split the face value of its subsidiaries and can even reduce its stake in them. Buy at declines. *ICICI Bank has offloaded its stake in South Indian Bank & Federal Bank...

In the Hot Seat: Seven Interview Tips By Robert Half International Inc. The time and effort you put into crafting your cover letter and résumé have finally paid off -- you've been asked to interview with a company you've been pursuing for months. But you only have a few days to prepare for...

Buy Valecha Engineering above Rs 360 for target of Rs 465 Buy Valecha Engineering above Rs 360 with a target price of Rs 465 keeping a stoploss at Rs 328. Buy Madhucon Projects above Rs 260 for target of Rs 395 Buy Madhucon Projects above Rs 260 with a target price of Rs 395 keeping a stoploss...

Chennai Petro's next week target of Rs 282 As crude oil prices move up stocks like ONGC and Chennai Petroleum should do very well. We have seen a flamboyant close in Chennai Petroleum this week and this bullishness should spill into next week. First target on this stock would be Rs 282 next...