Midcaps erase all the losses of 2016; look who is flexing muscles on Dalal Street these days

ET Markets Daily Brief | Thu, May 12, 2016 | 04:04 PM IST Follow ET Markets

Look who is flexing muscles on Dalal Street these days DIIs such as insurance firms increased their holdings in the top 100 firms by 100 bps in FY16 on hope that earnings growth would come back to India Inc soon. Midcaps erase all the losses of 2016; five sectors to look at now After sinking as much as 15% in the selloff seen in the first two months of the year, midcap stocks have made a strong comeback over the past two months. Expect 'hot money' to dry up on Dalal Street after Mauritius treaty recast The protocol will address the issue of tax abuse and treaty shopping and help curb revenue loss to the government and prevent 'double non-taxation', said experts.

Interview One to One It is prudent to be more oriented towards largecaps, that does not mean that the long term prospects for midcaps is n... Chirag Setalvad, Senior Fund Manager-Equity, HDFC MF

Advertorial कैसे अपना इंश्योरेंस क्लेम जल्दी पाएं, कुछ बातें इंश्योरेंस नियामक एवं विकास प्राधिकरण (इरडा) ने इंश्योरेंस कंपनियों से जम्मू-कश्मीर में बाढ़ पीड़ितों के लिए क्लेम निपटान प्रक्रिया में तेजी लाने के लिए कहा है।

Market Watch 12 May | 04:04PM| SENSEX NIFTY USD/INR GOLD 25790.22 ↑193.20 7900.40 ↑51.55 66.60 ↑0.03 29788.00 ↓-147.00

Gainers Losers 12 May, 2016, 04:04PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Country Condo's Ltd. 5.76 20.00 238559 5.76 5.25 Mangalam Timber Products Ltd. 21.30 20.00 18610 21.30 21.00 Jindal Drilling & Industries Ltd. 179.40 20.00 133659 179.40 153.70

Tweet of the day... F&O view: Fresh Call writing at 7,900, 8,000 levels will keep upside limited

FROM THE NEWSPAPER

Here's what happened on Dalal Street all through Thursday 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. Dwindling flows from tax shelters a big positive for India The amendment in the tax treaty with Mauritius will result in the similar tax treatment of capital gains for both domestic and overseas investors. Forget Mauritius! Next 10 years belong to Indian equities The amendment is negative for those FIIs who have a short-term view on equities, but it will have no impact on investors who have a horizon of over one year. Inject pharma stocks for better health of your portfolio, say Jhunjhunwala Inject a dose of pharma stocks in your portfolio if you do not own them already, Jhunjhunwala, often called India's Warren Buffett, said in an interview. Policy making easy, political acceptance tough: Raghuram Rajan Asked how easy he found his job of economic policy formulation in India, he joked: "Formulation is very easy. I think it is harder to implement the policy."

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