Sensex still bogged down by old woes; Banks spooked; RIL’s loss spells gain for Airtel, Idea

ET Markets Daily Brief | Wed, Mar 23, 2016 | 05:04 PM IST Follow ET Markets

India Inc's fallen stars leave investors high and dry There have been several poster boys who were once held in great esteem by Dalal Street, inspiring young India. Up-and-coming entrepreneurs tried to ape them. What happened on Dalal Street all through Wednesday If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. Even after 2,800-pt post-Budget rally, Sensex still bogged down by old woes The 2,800-point rally in Sensex since Budget may give the impression that world's problems are behind us, but the issues that haunted the market haven't gone.

Interview One to One We are yet to see the kind of order generation and outflow from the Ministry of Railways as one sees from NHAI.... Dipen Sheth ,Head - Institutional Research,HDFC Securities

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Market Watch 23 Mar | 05:04PM| SENSEX NIFTY USD/INR GOLD 25337.56 ↑7.07 7716.50 ↑1.60 66.62 ↓-0.10 28762.00 ↓-287.00

Gainers Losers 23 Mar, 2016, 05:04PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low ZF Steering Gear (India) Ltd. 1479.25 20.00 34570 1479.25 1233.25 Navin Fluorine International Ltd. 1697.25 19.99 15330 1697.25 1442.00 AXISCADES Engineering Technologies Ltd. 282.70 19.79 328926 283.20 235.00

Tweet of the day... Sensex down 15% since last Holi, but 30 stocks have doubled investors' wealth

FROM THE NEWSPAPER

Household & personal products segment set to shine; HUL, Godrej among top bets Factors like weak rural demand and slow urban consumption were clearly visible in the operating performance of most of the firms in the FMCG space. Rupee to moderately fall towards 69 in 9-12 months: Citi According to the global financial services major, the other factor that is expected to play a big role is the local currency's persistent inflation differential with trading partners. Modi govt planning to sell up to 49% stake in Air India to meet revenue target Govt plans to form a four-to-five member panel, made up of officials from the finance ministry, the civil aviation ministry to consider selling a stake in Air India. PM's economic reforms made "little progress": Chinese media "There is no fixed model for China's development, thus it is impossible to make comparisons between Chinese and Indian models," the article said.

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