ICICI Pru IPO sails through! Here's how to double your money on D-St; Beware of these wealth-destroyers

ET Markets Daily Brief | Wed, Sep 21, 2016 | 05:25 PM IST Follow ET Markets

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

Who is afraid of US Fed rate hike? D-Street waiting for volatility to lap up stocks More than the outcome of the US Fed's policy meeting, comments of Janet Yellen will be in focus. A hawkish Fed could turn out to be good news for investors. Want to double your money in 5 years? Forget a superbike and put it in markets "We are positive on the market and expect quality stocks to continue to perform well, particularly the ones which are exposed to consumption and infrastructure space." IPO WATCH: ICICI Pru Life's mega issue oversubscribed 10.4 times The biggest IPO in nearly six years attracted bids for 22.4 crore shares on Day 3 of the bidding process. Retail investors have bid for 5.8 crore shares.

Interview One to One For the markets to sustain at current levels and move up on the valuations, we need strong earnings growth to come th... Dipen Shah, Senior Vice President & Head-PCG Research, Kotak Securities

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Market Watch 21 Sep | 05:25PM| SENSEX NIFTY USD/INR GOLD 28507.42 ↓-15.78 8777.15 ↑1.25 67.02 ↑0.00 31110.00 ↑186.00

Gainers Losers 21 Sep, 2016, 05:25PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Orient Bell Ltd. 199.80 20.00 104233 199.80 167.00 Modi Naturals Ltd. 134.40 20.00 16690 134.40 112.05 Global Vectra Helicorp Ltd. 81.30 20.00 102053 81.30 70.50

Tweet of the day... Urjit Patel has the best bond start this century for any RBI chief

FROM THE NEWSPAPER

Here's what happened on Dalal Street all through Wednesday It's a mixed bag to begin with, but anything can happen through the day. We promise to bring you every bit of the action-packed day from Dalal Street in this space. Mindtree, Ramco among 20 biggest wealth destroyers of stock market Many of these stocks belong to companies that either have delivered poorly on the earnings front or are encountering major headwinds on the business front. QIP issue a harbinger for good times for a stock? Think again! The performance of stocks post QIPs has not been that great, a study by ETMarkets.com based on issues placed between January 2015 and August 2016 showed. Gold seen entering long-term bull cycle as asset bubbles pop The metal is at the start of a multi-year bull run with a "few thousand dollars of upside" in a world of "monetary policy without limits". Bank of Japan shifts policy framework to targeting Japan's yield curve Governor Haruhiko Kuroda and the policy board kept the interest rate on a share of bank reserves unchanged at minus 0.1 per cent.

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