D-Street sees Sensex at 36K by next Diwali; Jhunjhunwala narrates journey from just Rs 5,000

ET Markets Daily Brief | Fri, Oct 28, 2016 | 04:59 PM IST Follow ET Markets

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Whale of a Samvat ahead! Sensex to hit 36K mark BSE last hit its all-time high of 30,024 on March 4, 2015. If the index manages to reach the upper band of the poll estimates, it would be 20% above the 2015 peak. What D-St expects from Arun Jaitley's Union Budget for FY18 A tilt towards populist measures could change the perception of India among global fund managers, who were thus far swearing by the government's approach. Investors await growth booster to earnings from Q4 onwards While analysts were painting a rosy picture around this time last year, hope of pickup in earnings has just shifted to the second half of the financial year.

Interview One to One "Smaller companies have been able to figure some element of the game out and that is why you are seeing money coming ... Shankar Sharma , First Global

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Market Watch 28 Oct | 04:59PM| SENSEX NIFTY USD/INR GOLD 27941.51 ↑25.61 8638.00 ↑22.75 66.76 ↓-0.10 29863.00 ↓-64.00

Gainers Losers 28 Oct, 2016, 04:59PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Orissa Minerals Development Company Ltd. 2448.90 20.00 33091 2448.90 2011.05 Sagarsoft (India) Ltd. 23.40 20.00 29908 23.40 23.40 Cybermate Infotek Ltd. 1.38 20.00 104360 1.38 1.38

Tweet of the day... Buying gold this Dhanteras? Look at dips towards Rs 28K to accumulate

FROM THE NEWSPAPER

Brace for a tough year for rupee! Some see it at 70 level On February 19 this year, the local currency had dropped to a record low of 68.91 to the dollar, net of forward premium, in the offshore forwards market. Pharma, IT, real estate top contra bets of Dalal Street for new Samvat year Half of 15 brokerages and fund houses that took part in the Samvat Survey said the two sectors have the potential to offer healthy returns ahead. Jhunjhunwala entered stock market with a mere Rs 5,000 and became a Big Bull While narrating his journey from being a CA to a full-fledged stock trader, Jhunjhunwala said: "Sar pe kafan pahen ke aya tha," when he first came to Mumbai. Varun Beverages IPO demand dulls post full subscription Data compiled from BSE and NSE showed the issue received bids for 1,87,63,140 shares by 11.30 am on Friday against the total issue size of 1,76,50,000 shares. Bajaj Auto's Q2 profit rises 7.2% to Rs 1201 crore The two-wheeler maker had reported a net profit of Rs 1,120.04 crore in the same quarter last year.

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