Tuesday, 21 June 2016

How will 'Brexit' hit you; Mahanagar Gas IPO; and how to ride the next bull run

ET Market

ET Markets Daily Brief | Tue, Jun 21, 2016 | 04:22 PM IST

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This is how 'Brexit' is going to hit our stocks, rupee and the economy

From India's point of view, Brexit is important because besides sharing trade relations, EU is India's largest single export market.

Will D-Street take Brexit on stride the way it shrugged off Rexit jitters?

There has been an understanding on the Street that the market is impulsive and caters to short-term reactions, but latest evidence shows it is far from truth.

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.

Interview One to One
Next two-and-a-half, three years should see fantastic performance from India...
Rana Kapoor, CEO, Yes Bank
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Market Watch 21 Jun | 04:22PM|
SENSEX NIFTY USD/INR GOLD
26812.78
-54.14
8219.90
-18.60
67.54
0.22
30483.00
-212.00
Gainers Losers 21 Jun, 2016, 04:22PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Manaksia Aluminium Company Ltd. 4.32 20.00 8195 4.32 3.55
VKJ Infradevelopers Ltd. 134.15 19.99 14673 134.15 104.05
Manaksia Steels Ltd. 9.01 19.97 18471 9.01 7.30
Tweet of the day...
FROM THE NEWSPAPER
1 of every 3 PSU stocks bled investors in last 10 years; 5 emerged multibaggers

43 BSE PSU index stocks, which were available for trade 10 years ago, 16 are quoting below their decade-old levels. MTNL was the biggest value destroyer.

Day 1: Mahanagar Gas IPO opens, 62% shares lapped up

The gas distributor on Monday had successfully allotted 7,348,350 equity shares to 25 anchor investors at Rs 421 per share, aggregating to Rs. 309.30 crore.

Look which sectors are on forefront to lead the next surge on Dalal Street

In 2015, these sectors were among the beaten-down ones, but in 2016 so far, they have been on the forefront of D- Street's charge to regain its lifetime highs.

Want to ride the next bull run? Tips from Bharat Iyer, Madhusudan Kela

If one has an investment horizon of 6-12 months, there is nothing to worry about. And one should use any dip in the market as a buying opportunity, say experts.

Four money-making ideas from global brokerages ahead of the 'Brexit' vote

Global brokerage firms such as Morgan Stanley, HSBC, BofA-ML and CLSA maintained their positive stance on stocks like AB Nuvo, Cipla and Hindalco.

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