Monday, 9 May 2016

Why Sensex rallied over 450 points; Thyrocare lists at 48% premium; Why gold is the best deal

ET Market

ET Markets Daily Brief | Mon, May 09, 2016 | 04:49 PM IST

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Five reasons why Sensex rallied over 450 points in Monday's trade

After a tepid showing for the past two weeks in which the benchmark indices declined up to 3%, the equity market has made a robust comeback on Monday.

Here's what happened on Dalal Street all through Monday

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.

Primary market last week: Ujjivan shines, Parag Milk extends issue, BSE readies IPO

This year has seen a total of 17 SME listings and BSE is expecting 30 more on its small and medium-sized enterprises platform over the next three months.

Interview One to One
Until data improves, I think a lot of markets will try to book some profit as long as we see some rally....
Nizam Idris, Head of Strategy , Macquarie Bank
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Market Watch 9 May | 04:49PM|
SENSEX NIFTY USD/INR GOLD
25688.86
460.36
7866.05
132.60
66.53
-0.03
29994.00
-384.00
Gainers Losers 9 May, 2016, 04:49PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Themis Medicare Ltd. 494.50 20.00 15768 494.50 415.00
Hester Biosciences Ltd. 637.50 20.00 15663 637.50 557.00
Global Vectra Helicorp Ltd. 103.50 20.00 126345 103.50 85.50
Tweet of the day...
FROM THE NEWSPAPER
Splendid debut: Thyrocare Technologies lists at Rs 662 on BSE, a 48.4% premium over issue price

The listing gain has come in the light of a stellar 73.55 times subscription received by initial public offering (IPO) that ran between April 27 and April 29.

Learn with ETMarkets: How to play in weekly options contracts of Bank Nifty

The NSE plans to launch weekly options contracts on Bank Nifty from May 27, which most experts on D-Street think could be used as a better hedge.

Gold promises a better deal than anything else this Akshaya Tritiya

Bullion bears, who were expecting massive stimulus from China and at least 3-4 rate hikes by the US Federal Reserve, have finally taken a back seat.

Cement stocks surge up to 152% in 2016; 3 reasons why you should take a bet

After struggling for most parts of financial year 2016, cement stocks have quickly become favourite picks for investors and analysts alike.

5 stocks that faced re-rating by top global brokerages post Q4 earnings

Top global global brokerage firms such as CLSA, Credit Suisse, tweaked their ratings, as well as target prices, of several stocks post their Q4 results.

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