Saturday 25 June 2016

A good news for India; Brexit has thrown up wonderful opportunity; Tata Motors, Tata Steel may see further selloff

ET Market

ET Markets Daily Brief | Sat, Jun 25, 2016 | 04:21 PM IST

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Good news for India: Brexit to take Fed rate hike off the agenda in '16

Recent events might have changed the prospects of future rate hikes by the US Fed. Some analysts are even talking about a rate cut rather than a rate hike.

​Look! Brexit has thrown up wonderful opportunity for Indian equity investors

All those investors who were waiting on the sidelines can now aggressively allocate investment to frontline stks. Traders should adopt a buy-on-dips strategy.

Here's what makes India stand out among other EMs amid Brexit woes

India passed 51 investment policies between 2010 and 2016. In terms of Greenfield investments, India has received $63.44 bn in foreign investment commitment.

Interview One to One
For the UK, the vote still has to be passed by Parliament and Article 50 invoked before negotiations start with Europ...
Market Watch 25 Jun | 04:21PM|
SENSEX NIFTY USD/INR GOLD
26397.71
-604.51
8088.60
-181.85
67.96
0.71
31400.0
1486.0
Gainers Losers 25 Jun, 2016, 04:21PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Prerna Infrabuild Ltd. 33.30 15.63 80830 34.55 28.80
Astec Lifesciences Ltd. 389.95 12.26 519166 408.80 308.60
K-Lifestyle & Industries Ltd. 0.20 11.11 26622 0.20 0.18
Tweet of the day...
FROM THE NEWSPAPER
Tata Motors, Tata Steel could see further selloff: Avinnash Gorakssakar, Moneylicious Capital Advisory Services

"In this market it is better to bet on domestic driven companies, especially those with very little exposure to UK."

Industry honchos, star investors raise a toast to Brexit on Twitter

From +ve and patient to -ve and alarming, Dalal Street was whistling on Friday with all sorts of commentaries from market stakeholders after the Brexit vote.

Pick of the week: When the world is jittery over Brexit, India has reasons to smile

If you can afford to survive this knee-jerk response of the market with a little bit of patience, without fear and anxiety, better things are in store for you in future.

Starting up? Here's a 10-point guide from India's first e-commerce founder K Vaitheeswaran

Starting a business can be daunting once the initial excitement has died down - prioritizing costs and keeping up with numbers can spell the breaking point.

In India, bullish trend will resume in a few days: Nirmal Jain, IIFL Group

"If the monsoon is good, if the government reforms continue, if the infrastructure investment continues, there is no reason why bull market should not come back."

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