Why is Shankar Sharma betting on smallcaps? Sinking copper may get help from Fed; Sugar stocks sweeten the deal

ET Markets Daily Brief | Sat, Sep 17, 2016 | 04:52 PM IST Follow ET Markets

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

Shankar Sharma, Mark Mobius bet on smallcaps; have you placed your bet yet? Long-term investors should maintain their long positions instead of cashing out in panic at these levels. It is a difficult to time for the market. ICICI Pru Life IPO opens on Monday, biggest issue since 2010 ICICI Prudential had in November 2015 sold 6 per cent of its stake to investors such as Azim Premji and Temasak Holdings for Rs 1,950 crore. Investors confused on direction, will dance to the tune of Fed next week Investors are advised to stay on the sidelines at current levels. Positional traders should trail their long positions at 8,500 Nifty50 level.

Interview One to One Dharamshi prefers branded apparel, diagnostics and pharma themes. We are on a journey of going from maximum pessimism... Ravi Dharamshi, CIO, ValueQuest Investment Advisors

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Market Watch 17 Sep | 04:52PM| SENSEX NIFTY USD/INR GOLD 28599.03 ↑186.14 8779.85 ↑37.30 66.98 ↓-0.04 30816.0 ↓-94.0

Gainers Losers 17 Sep, 2016, 04:52PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low United Breweries (Holdings) Ltd. 36.95 19.97 2222277 36.95 31.00 Dhabriya Polywood Ltd. 82.05 19.96 65000 82.05 79.00 Gyscoal Alloys Ltd. 96.10 19.60 141647 96.40 80.15

Tweet of the day... Theme India can get you spectacular return; bet on roads, railways

FROM THE NEWSPAPER

Copper sinking, recovery depends on output patterns and cues from the Fed Recent economic releases have pushed copper into the -ve zone for the year, making it the worst performing metal, compared with gains seen in zinc and nickel. Sugar stocks on a high, but experts see limited upside Analysts are sceptical whether sugar stocks can repeat the performances they have put up as most shares have at least doubled in past few months. Recap: Yes Bank, Hinduja take a beating; Wockhardt creates buzz  Weekly losses could have narrowed, had it not been for the European market, which took a hit on Friday, following a 8% slump in the Deutsche Bank shares. Nifty50 forms 'Long-legged Doji'; 8,750 key for uptrend to sustain The pattern suggests neither the bulls nor the bears were able to regain control on Dalal Street. This signals a shift in market direction in the days ahead. Best of the week: Five stocks that can make you money for next 12 months The total market capitalisation of the listed firms on BSE fell from Rs 1,12,16,034 crore as of Sept 8 to Rs 1,10,30,048 crore on Sept 14 (intraday).

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