Porinju's picks multibagger in long run but in red now; what will a president Trump mean for market

ET Markets Daily Brief | Mon, Aug 01, 2016 | 04:35 PM IST Follow ET Markets

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

Half of Porinju's stocks gave multibagger returns in three years, but in the red now Of the nine stocks he has spoken about in 2016, five have given negative returns so far this year. But that's not the most intriguing part. No one can say if 10 PE is good, 20 PE is good or 30 PE is good: Sunil Singhania During the last bull market, we had solid earnings growth, but before that 1999-2002, growth was flat and leverage very high, says Singhania of Reliance MF. Here's what happened on Dalal Street all through Monday

Interview One to One We are in for a good run in medium to long-term... Vikas Khemani, President & CEO, Edelweiss Securities

Market Watch 1 Aug | 04:35PM| SENSEX NIFTY USD/INR GOLD 28003.12 ↓-48.74 8636.55 ↓-1.95 66.76 ↓-0.24 31440.00 ↓-109.00

Gainers Losers 1 Aug, 2016, 04:35PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Dwarikesh Sugar Industries Ltd. 329.30 19.99 932956 329.30 280.00 JMT Auto Ltd. 51.40 19.95 793444 51.40 44.00 Smiths & Founders (India) Ltd. 17.95 19.51 569107 18.00 15.05

Tweet of the day... 10 stocks you can bet on to play the GST theme

FROM THE NEWSPAPER

Business of politics: How bad will be Donald Trump as US President for markets? Global financial markets would be on the edge for next the three months because of Trump and this would be one of the events investors would watch keenly. Advanced Enzyme Technologies makes spectacular debut, surges 31.50% over issue price The company is engaged in research & development, manufacturing and marketing of 400 proprietary products developed from 60 indigenous enzymes. TechM beats Q1 estimates, PAT down 9.5% QoQ to Rs 796.5 cr The company had reported a net profit of Rs 858.10 crore in the March quarter and Rs 622.44 crore in the corresponding quarter last year. Dilip Buildcon IPO opens, draws good investor interest in early hours of Day 1 According to data available with NSE and BSE, the issue had received bids for 6,91,275 shares, which was 3.25 times the total issue size of 2,13,62,138 shares. Brace for higher volatility in market going forward, says Navneet Munot "India looks relatively attractive with regard to fund flows, and domestic investors remain positive, which is driving the market," says CIO at SBI Mutual Fund.

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