Thursday, 17 November 2016

13 stocks that have never let you down; Why demonetisation reminds Shankar Sharma of the Nasbandi drive of 70s

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ET Markets Daily Brief | Thu, Nov 17, 2016 | 04:38 PM IST

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13 stocks that have never let equity investors down: Do you own any?

Among the stocks, Supreme Industries, Ajanta Pharma, Eicher, Hatsun Agro and Avanti Feeds have given double-digit returns on a year-on-year basis since 2008.

Demonetisation is like Nasbandi drive of the 70s, says Shankar Sharma

Some of the cash-driven segments of the economy such as real estate, retail trade, hotel, white goods and restaurant have been virtually crippled.

BLOG: Look what happened in your market all through Thursday

The BSE Sensex and NSE Nifty are likely to open higher on Thursday following mixed global cues. Nifty futures on the Singapore stock exchange were trading 33 points, or 0.41 per cent, up at 8,135 in the morning deals.

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Market Watch 17 Nov | 04:38PM|
SENSEX NIFTY USD/INR GOLD
26227.62
-71.07
8079.95
-31.65
67.79
-0.16
29358.00
-25.00
Gainers Losers 17 Nov, 2016, 04:38PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Trend Electronics Ltd. 23.00 17.05 7884 23.00 18.35
K-Lifestyle & Industries Ltd. 0.21 16.67 221552 0.21 0.18
Vijay Shanthi Builders Ltd. 12.80 15.73 77851 13.27 12.05
Tweet of the day...
FROM THE NEWSPAPER
Indian market at attractive level; five stocks global brokerages are betting on

Global brokerage firms have either recommended buy or outperform ratings on five stocks that include HPCL, Tata Motors, Dish TV, ICICI Pru Life and Tata Steel.

Waiting for market bottom to buy stocks? UBS says the Nifty50 just hit its low point

Sensex has fallen 1,300-odd points, ever since Prime Minister Narendra Modi announced demonetisation of high-value currency notes on November 8.

FII outflows: Blame Trump, not rupee move; PM Modi has sent right signals, say analysts

A weak rupee does not auger well for FIIs, as any depreciation in the local currency eats into profits of foreign investors when they redeem their investment.

Overseas investors dump Indian bonds as world-beating rally slows down

Overseas holdings of rupee-denominated government and corporate notes fell by $1.03 billion on Wednesday, the most in a single-day since 2013.

Side-effects of demonetisation: Dear PM Modi, it seems you missed these 8 consequences

In the short-term though, the biggest crackdown on money laundering in India's history is having some unusual side-effects.

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