How GST will change India Inc; why this HNI rush to IPO; new normal for Sensex PE is 19

ET Markets Daily Brief | Wed, Aug 03, 2016 | 04:26 PM IST Follow ET Markets

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities

GST will change the way India does business: Who will win, who will lose In developing countries, indirect taxes comprise a higher share of total taxes; in developed countries, their contribution is significantly lower. If you are praying for the GST to go through, lap up these stocks quickly Experts say the GST will throw up huge opportunities for organised players in sectors like logistics and ceramics, which are highly fragmented at present. LIVE UPDATE: Look who's moving my market today We try to capture every actionfrom the listed universe of India Inc; be it largecap, midcap or smallcap, to keep you up-to-date on anything that may move your market.

Interview One to One Resolution of the underlying asset quality issues will take time depending on the fundamentals of various sectors suc...

Market Watch 3 Aug | 04:26PM| SENSEX NIFTY USD/INR GOLD 27697.51 ↓-284.20 8544.85 ↓-78.05 66.96 ↑0.22 31865.00 ↑90.00

Gainers Losers 3 Aug, 2016, 04:26PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Ojas Asset Reconstruction Company Ltd. 13.29 19.73 10670 13.29 11.15 Akme Star Housing Finance Ltd. 42.80 15.36 28000 42.80 38.70 Max Alert Systems Ltd. 9.35 13.33 800 9.35 9.35

Tweet of the day... Top five takeaways from HCL Technologies Q1 results

FROM THE NEWSPAPER

These seven stocks will see no benefit from GST The GST in its entirety is seen as being beneficial to the economy with some estimates pegging the long-term benefit of 0.9-1.5 percentage points to the country's GDP. HNIs losing money in stocks, flock to IPO mart to chase quick bucks Alok Industries, which has an HNI holding of 38.61 per cent, is down 35 per cent so far this calendar. HCL Infosystems has slumped 32 per cent year to date. Top three sectors where Reliance MF's Sunil Singhania is betting big He said investors have to look at the company where they want to invest and see if the valuations are justified given the growth trajectory over next few years. Scared of high valuations? New normal for Sensex PE is 19, not 15; here is how! GDP and earnings targets have been revised downward continuously and yields have fallen as central banks have continued to experiment with monetary policies. IPO watch: Dilip Buildcon fully subscribed on Day 3 The public issue received bids for over 2.36 crore shares as against more than 2.13 crore on offer till 1200 hrs, generating a subscription of 1.11 times.

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