The condition of India’s macro-economy as well as banking sector remains weak with inflation hovering at 12% levels, the rupee weakening against the dollar, the fiscal deficit widening and persistent fears of an economic slowdown. All this translates into myriad concerns pertaining to the visibility of banks’ earnings growth. Further, the dislocation in global financial space has resulted in either the bankruptcy of the major players (Lehman Brothers Holdings) or voluntary/forcible sell-out of the others (Merrill Lynch, Wachovia, Washington Mutual).

Amidst …

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YES, you should. ULIPs are designed to help you reach your long-term financial goals like child’s education, child’s marriage, your retirement, etc.  Your premiums are invested every year, at various market levels, giving you the benefit of average unit prices. Additionally, ULIPs help you to select appropriate deby-equity ration (suitable to your risk profile). All this ensures that if you’re planning for the long term, any time is a good time to invest in ULIPs. Moreover, it also gives you …

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Recommendation: Buy

Current price: Rs 276 (at the time of publishing this tip)

Price target: Rs 365

Key points:

The asset quality of Bank of India has shown a marked improvement in relative as well as absolute terms over the past few years. However, a 112% growth (on a compounded basis) in the loans subject to restructuring during the period FY2006-08 (171% on a yoy basis in FY2008) signifies strain on the asset quality of the bank. Though the bank’s exposure to sensitive sectors …

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Recommendation: Buy

Current price: Rs 2,095 (at the time of publishing this tip)

Price target: Rs 3,569

Key points:

Aban Offshore has signed a letter of agreement with Husky Oil China in relation to the possible deployment of the jack-up rig Deep Driller 5 offshore China for a three firm wells + three optional wells programme. The revenues from the firm period of the contract (with an estimated duration of around 180 days) are estimated to be around USD 38.7 million (Rs 178 crore). …

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Do you know: When you’re married, investing just Rs. 5000 per month through SIP for 10 years at 15% would become huge Rs. 13 Lacs, which you could use for the downpayment of your house…

When you’re married, your life-stage goals could be:

1. Saving for the down payment of a house
2. Building a retirement corpus
3. Maintaining an emergency fund

Work, Family, Friends, and the things you enjoy are important in your life. But getting your financial life in order is the priority. …

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Recommendation: Buy

Current price: Rs 286 (at the time of publishing this tip)

Price target: Rs 400

Key points:

Sintex Industries, known for its water tanks, has pioneered the concept of monolithic construction in India and is the market leader in this segment. The business of monolithic structures, used in low-cost housing, is expected to drive Sintex’ revenue growth in future, on the back of the rising need for affordable and mass housing in India. This business division currently has orders of close to …

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Recommendation: Book Profit

Current price: Rs 384 (at the time of publishing this tip)

Key points:

Tata Motors has disclosed information on the operations of Jaguar and Land Rover (JLR), the two luxury car brands acquired from Ford Motor Company earlier this year, in its rights issue document. JLR earned a profit before tax (PBT) of US$ 583 million in H1CY2008 and a PBT of US$ 62 million in June 2008. However, due to a slowdown in the USA and Europe, the major …

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