Wednesday, 22 June 2016

Mahanagar Gas IPO a hit; time to be gutsy and buy stocks; What astrologers have to say about Brexit

ET Market

ET Markets Daily Brief | Wed, Jun 22, 2016 | 03:54 PM IST

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NOT TO MISS #Stocks In News,#Recos,#Expert Views,#IPOs,#Commodities
Everyone is selling fear on D-Street! be gutsy, buy stocks

One after another major risk-off events have been driving the capital markets the world over. That fear is represented by a surge in volatility in the indices.

IPO mart ignores Brexit anxiety, Mahanagar Gas sees brisk buying

Rs 1,040 crore issue had received bids for 2,42,66,620 shares, which were 1.39 times the total issue size, data with stock exchanges BSE and NSE showed.

Here's what happened on Dalal Street all through Wednesday

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
If you want to be a forward looking investor, you should be buying things like agri inputs. You should be buying disc...
Dipen Sheth, Head of Institutional Research, HDFC Securities
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Market Watch 22 Jun | 03:54PM|
SENSEX NIFTY USD/INR GOLD
26765.65
-47.13
8203.70
-16.20
67.46
-0.03
30085.00
-211.00
Gainers Losers 22 Jun, 2016, 03:54PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Lee & Nee Softwares (Exports) Ltd. 2.70 20.00 32148 2.70 2.58
Future Market Networks Ltd. 27.35 19.96 127480 27.35 22.00
Sharon Bio-Medicine Ltd. 11.62 19.92 1043766 11.62 9.98
Tweet of the day...
FROM THE NEWSPAPER
Believe in astrology? Here's what they predict about Brexit & market reaction

Market veterans feel a Brexit vote would shake up investor confidence. Most astrologers feel otherwise, and say they do not foresee such an event.

Bracing for Brexit? You have 24 hours to create safeguards for the two outcomes

How should you position yourself for thebig verdict? We spoke to market veterans and tried to understand the fallout for the market in both scenarios.

Stocks of Indian businesses with EU links take a big knock ahead of the Brexit vote

Experts believe companies that use the UK as a base to gain access to other European markets, such as those from IT and pharma sectors, will take a hard knock.

From Rajan to Yellen, Draghi to Kuroda, all go into firefighting mode

Given the uncertainty surrounding the risk event, here is what major central bankers fears and how they are taking guards against the likely outcome.

BJP fumbles over Swamy's attack on Modi government's chief economic advisor

BJP, however, was foxed by this surprise and sought to brush this new public disapproval of Narendra Modi's economic advisor as his personal opinion.

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