Jhunjhunwala says he hasn't been doing well in market in last 2 years; Why most experts got their Sensex estimates wrong in 2016

ET Markets Daily Brief | Mon, Jan 02, 2017 | 04:19 PM IST Follow ET Markets

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities

Demonetisation is history! If you have the money, buy into this market. Here's why FIIs selling is likely to reverse, worst is priced in for Q3 results, and a friendly budget are some factors which Jhunjhunwala thinks will help markets. Top analysts got Sensex, Nifty estimates wrong in 2016; can they get it right in '17? Most analysts sounded pretty sure of their yearend projections for benchmark indices at the beginning of calendar 2016. But the market proved them all wrong. BLOG: Look what happened on D-Street all through Monday A sharp drop in bank lending rates and a host of sops for low-cost housing, MSMEs and the poor from Prime Minister Narendra Modi should give the domestic equity market a good start to the New Year.

Interview One to One In the global economy, I do not see upsides at the moment. So the best we can hope for is that things do not get too ... Montek Singh Ahluwalia, ex-vice chairman, Planning Commission

Advertorial Watch Webcast: How ICF brings the global Copper fraternity together ICF is the biggest platform that brings together the Copper fraternity from India and Internationally to congregate and deliberate on opportunities and challenges lying ahead.

Market Watch 2 Jan | 04:19PM| SENSEX NIFTY USD/INR GOLD 26595.45 ↓-31.01 8179.50 ↓-6.30 68.10 ↑0.17 27515.00 ↑70.00

Gainers Losers 2 Jan, 2017, 04:19PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Cerebra Integrated Technologies Ltd. 27.60 20.00 976237 27.60 23.35 Piccadily Sugar and Allied Industries Ltd. 12.19 19.98 23640 12.19 10.10 Kilburn Chemicals Ltd. 50.50 19.95 30169 50.50 42.95

Tweet of the day... January may not be that happy for D-St; here's why

FROM THE NEWSPAPER

Top eight money making trading strategies for 5-21 sessions The 7,900 level is as a major support for Nifty, as it coincided with the recent lows as well as 50% Fibonacci retracement of the entire rally to 8,968 level. View: Crude oil may not move beyond $60 a barrel in 2017 During the previous calendar year, oil price surged 47 per cent to $53.41 a barrel against $36.33 per barrel in January 2016. Jhunjhunwala says he is not happy with his performance in market in last 2 years In a two years, 40% of the top stocks he holds have delivered negative returns. Only Escorts and Aptech more than doubled investor wealth in last two years. View: The new year can be a year of no surprises for you It was a particularly bad year for those who believe in investing according to what the consensus view predicts. Dollar recovers from two-week lows in holiday-thinned market The dollar index that measures the currency against six major rivals lost more than 1 per cent during the last three days of last week

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