Market ripe for a correction; Salasar doubled wealth on debut; metals may shine

ET Markets Daily Brief | Sat, Jul 29, 2017 | 03:14 PM IST Follow ET Markets

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

Intermediate top is in place, D-Street ripe for a correction RBI is scheduled to meet next week and the market would await action on rate cut. Top buzzing stocks of the week: Salasar doubled wealth on debut Supported by firm global cues and sustained liquidity, Sensex & Nifty index advanced nearly 1%. Dalal Street week ahead: Seesaw trade ahead; metals should shine The coming week will remain exiting. Market has demonstrated extremely buoyant intent.

Interview One to One Once we show better performance, capital raising is not an issue for Bank of India, says Mahapatra.... Dinabandhu Mohapatra , Bank of India

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Market Watch 29 Jul | 03:14PM| SENSEX NIFTY USD/INR GOLD 32309.88 ↓-73.42 10014.50 ↓-6.05 64.15 ↑0.04 28589.00 ↑113.00

Gainers Losers 29 Jul, 2017, 03:14PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Jigar Cables Ltd. 36.00 20.00 404000 36.00 33.00 Amarjothi Spinning Mills Ltd. 237.10 19.99 138099 237.10 191.00 Deccan Gold Mines Ltd. 52.40 19.91 2735780 52.40 48.30

Tweet of the day... IDBI Bank puts its 16% stake in Sidbi on block

FROM THE NEWSPAPER

What I read this week: Art of boosting margins; will Modi slip on fisc discipline Government's enthusiastic drive to frontload its capital expenditure has its pitfall. Watch out! Government stimulus likely to give new life to leather stocks The leather industry is a focus area under the government's 'Make in India' initiative. LIC profit jumps 145% in Q1 on sale of equity investment The insurance behemoth is looking at a double-digit growth in business in the current fiscal. HDFC clears 9.57% stake dilution in subsidiary HDFC Life Standard Life, which owns 35% in the insurance JV, is also expected to sell some shares. Silver rises on global cues, gold steady Gold remained flat at Rs 29,300/10 grams in scattered deals even as it strengthened overseas.

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