Budget obsession does not help investors; economists see 25bps rate hike next week; DR Reddy's Q3 net drops and more

ET Markets Daily Brief | Sat, Feb 04, 2017 | 04:33 PM IST Follow ET Markets Co-sponsor Associate Sponsors

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

Ah, this Budget obsession! Has it really ever rewarded you anyway? Almost as a corollary, accounting statements are supposed to be boring by nature and you require deep interest and concentration to read them well. What I read this week: Has 'Made in India' euphoria turned into whimper In further bad news, the Australian weather department has raised the possibility of return of El Nino, which is associated with less than normal rainfall. Bogus long-term capital gains by shell cos at Rs 80,000 crore FM Jaitley in his Budget proposed 10 per cent long-term capital gains tax on those who acquired shares in unlisted companies after October 1, 2004

Interview One to One Real estate is a trade that one may play but not really look at as long-term bets and wait till the supply and other ... Vinay Khattar , Edelweiss Financial Services

Advertorial Why ULIPs are one of the best tax saving instruments Saving money aside, smart tax planning is an integral part of sensible financial planning. The average investor enjoys numerous tax-saving options like PFs and PPFs, life insurance plans, ELSS investments, ULIPs and more.

Advertorial Why term insurance is a must have for parents Some common avenues that a parent invests in for accumulating wealth include PPF, MFs, shares, gold and real estate.

Market Watch 4 Feb | 04:33PM| SENSEX NIFTY USD/INR GOLD 28240.52 ↑13.91 8740.95 ↑6.70 67.32 ↓-0.05 28890.00 ↑40.00

Gainers Losers 4 Feb, 2017, 04:33PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... Impact of demonetisation is going to be transient: Shaktikanta Das

FROM THE NEWSPAPER

Economists expect RBI to go for 25 bps cut next week The gap of nearly Rs 10 lakh crore between the growth of de posits and loans will no doubt shrink in the remaining nine weeks of the year as withdrawals gather pace. Dr Reddy's Labs Q3 profit drops 16.6%, sales down 7% In a filing to BSE, the company said its net sales for the quarter fell 6.56 per cent to Rs 3,653.40 crore, compared with Rs 3,910 crore in the same quarter last year. Three equity themes that can make you money in long term Q4 will continue with the Q3 trend but it is going to be a festive quarter which will push us into post monsoon period of FY18 where earnings will hit a crescendo of sorts, says Krishnan. Will the Budget bonanza for realty benefit HFCs At present, valuations of these companies are looking attractive and investors can look at investing in these stocks for the long term. Silver regains strength on demand build-up, gold steady Silver coins, however, continued to be at the previous level of Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces. Sovereign, however, remained unchanged at Rs 24,400 per piece of eight grams.

MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow ET Markets

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2017 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here