Porinju’s multibagger bets are up 50% in 2 months; check them out!

ET Markets Daily Brief | Fri, Mar 17, 2017 | 03:53 PM IST Follow ET Markets

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Porinju Veliyath's multibagger bets are already up 50% in 2 months. Check them out Out of his many picks, Porinju had said that Bombay Burmah Trading Corporation (BBTC) and Bengal & Assam Company could become multibaggers of future. GST few steps away from becoming reality, but what's in it for Dalal Street? Investors can look at companies that will gain with organised sectors becoming a bigger part of the whole market and unorganised sectors losing market share. Top fund manager believes history on side of Indian stocks. Here's why The value of Indian equities has climbed to $1.82 trillion, a nine-year high, after the Nifty gauge rebounded from a low in December, data showed.

Interview One to One We have been through many battles. We have had many bruises and scars on our backs but what gives us fulfilment is th... Gopal Vittal, CEO, Bharti Airtel

Advertorial Rise of direct plans of mutual funds Ever since the Securities and Exchange Board of India (SEBI) introduced the game-changing alternative of direct plans in mutual funds there has been a significant rise in the portfolios switching to and investing in this option.

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Market Watch 17 Mar | 03:53PM| SENSEX NIFTY USD/INR GOLD 29648.99 ↑63.14 9160.05 ↑6.35 65.54 ↑0.13 28509.00 ↑98.00

Gainers Losers 17 Mar, 2017, 03:53PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... Gold moves below Rs 29,000 level on global cues, low demand

FROM THE NEWSPAPER

Bungee jumping thrills on D-Street minus valuation comfort can be a very risky fun The domestic equity market's valuation is at the upper end of the historical trading range, sans the euphoric phases, Kotak Institutional Equities said. BLOG: Look who moved my market all through Friday While the benchmark equity indices promise continued buoyancy, market valuations are getting stretched, raising concerns that the Nifty50 may soon go into consolidation mode. But Friday promises to be action-packed. Why are markets acting as if US Fed cut rates on Wednesday? There's a message here While the Federal Reserve chair raised interest rates by 25 basis points as expected Wednesday, the outlook was less hawkish than market participants foresaw. What Opec oil cuts? Asia remains awash with crude Despite Opec cuts, oil flows to Asia, the world's biggest and fastest growing market, have risen to near record highs. Midcap pharma stocks could be a worthwhile bet HDFC Securities in a note said it met with the management of some emerging formulations players such as Granules India and Laurus Labs.

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