Over 80 smallcaps earned multibagger tag in FY17; what’s in store for FY18?

ET Markets Daily Brief | Thu, Mar 30, 2017 | 04:50 PM IST Follow ET Markets

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Over 80 smallcaps earned multibagger tag in FY17; what's in store for FY18? Among over 775 stocks in the index, 86 stocks surged over 100 per cent, 167 advanced 50-100 per cent and 312 stocks advanced up to 50 per cent. Fright of heights? Indian equities will work wonders in 2017; 3 reasons why Irrespective of the highs & lows of the dollar and whether the Fed hikes rates or maintains status quo, both Indian equities and the rupee have been resilient. This Chinese stock soared 4,500% on Nasdaq and no one knows why So how did a tiny Chinese company make it into the portfolios of US retirees? And how did its biggest shareholder, Wang Hong, become a billionaire?

Interview One to One We are happy to own Eicher for next five years. If the valuation really goes down, we will look at trimming or exitin... Sumeet Nagar , Malabar Investments

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Market Watch 30 Mar | 04:50PM| SENSEX NIFTY USD/INR GOLD 29647.42 ↑115.99 9173.75 ↑29.95 64.92 ↑0.01 28689.00 ↓-14.00

Gainers Losers 30 Mar, 2017, 04:50PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... CL Educate to make stock market debut tomorrow

FROM THE NEWSPAPER

BLOG: Look who moved my market all through Thursday While F&O expiry is likely to dominate proceedings on Dalal Street through the day, euphoria over the final clearance to the GST and any rub-off of possible market jitters over Britain's triggering Article 50 for Brexit would keep the market nimble. Nifty is where it was 2 years back, but m-cap up 14%; who's driving this surge A close look at the breakup of m-cap would show shares of companies with no trading history have helped this rise. We want to call these stocks the 'unknowns'. Miles to go: With many positives, tyre stocks look good investment bets now Good times have continued for these stocks all through past 1 year. Experts believe robust replacement demand and falling rubber prices are helping the sector. Kotak Mahindra Bank plans to raise Rs 5,369 crore equity The bank said the fresh capital will help the bank pursue acquisition opportunities in Indian banking and finance, buy stressed loans from other banks. Vedanta approves annual dividend of Rs 6,580 crore The Board of Directors of Vedanta have approved the second interim dividend of Rs 17.70 per equity share, which is 1770% on face value of Re 1, per share for the financial year of 2016-17.

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