Tuesday, 24 May 2016

Adani, Ambanis biggest losers in Modi's 2 years; Cancer-causing substance takes life out of Jubilant, Britannia, Westlife

ET Market

ET Markets Daily Brief | Tue, May 24, 2016 | 05:17 PM IST

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Adani, Ambanis biggest losers in Modi's 2 years; Tata, Bharti, Birlas top gainers

Just two days are left for PM Narendra Modi to complete second year in office, but 'Acche Din' for equity investors still looks far away.

Here's what happened on Dalal Street all through Tuesday

If you are reading this, chances are the Sensex and the Nifty are part of your daily life, and actions on Dalal Street can make or mar your day.

PM Modi, top ministers stay clear of stocks; keep assets in realty, banks

Among various asset classes, real estate, the arch-enemy of equities, has emerged the hands down favourite among Modi and his ministers.

Interview One to One
Bond market will have a mixed reaction but there will be a lot of volatility. ...
Sudhir Agrawal, Fund Manager Fixed Income, UTI MF
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Market Watch 24 May | 05:17PM|
SENSEX NIFTY USD/INR GOLD
25305.47
75.11
7748.85
17.80
67.75
0.25
29586.00
-98.00
Gainers Losers 24 May, 2016, 05:17PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Sundaram Brake Lining Ltd. 288.10 19.99 31291 288.10 235.05
Sundaram Multi Pap Ltd. 2.86 19.67 1501074 2.86 2.60
Novartis India Ltd. 833.10 17.16 323065 848.00 780.00
Tweet of the day...
FROM THE NEWSPAPER
Infy, Dish TV among five stocks that have got buy ratings post Q4 results

On an aggregative basis, the net profit reported by 1,009 companies has plunged 24.89% on a year-on-year basis to Rs 37,414 crore and 34.83% sequentially.

Cancer-causing substance in pizzas, burgers takes life out of Jubilant, Britannia, Westlife

CSE's pollution monitoring laboratory (PML) found residues of potassium bromate/iodate in over 84% of bread and bakery samples sourced from Delhi.

7 potential wealth-creating ideas from experts for the next 2-3 yrs

If the monsoon rains are above average, it can kickstart the investment cycle, which could lead to double-digit growth in the domestic market.

Five event risks that can make you sweat on D-Street this June

The domestic equity market has entered a consolidation phase with the benchmark indices trading flat for the past two months. The index has gained just 0.27% in May.

Modi government's fix for banking: Cut number of public banks from 27 now to 6

Rai, appointed this year to run the new Banks Board Bureau, says govt stood ready to inject fresh funds beyond the $3.7 billion earmarked.

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