Market can give over 20% returns in FY17; Buy the right kind of stocks and sit tight

THE ECONOMIC TIMES Fri, Feb 19, 2016 | 06:29 PM IST ET Market Watch Newsletter

Market can give over 20% returns in FY17: Top five investment strategies After hitting the panic bottom at 6,800 level, some analysts said the worst is largely over for the Indian market and it should deliver double-digit return. Mapping the market: PSU bank, telecom stocks cheer; OMCs sink Domestic equity markets ended their best week since January 2015 on a volatile note as mixed global cues saw indices seesaw between gains and losses. Modi govt on course to miss deficit target in FY17, will have a price to pay The warning comes at a time when analysts and economists are speculating whether FM will be able to stick to his fiscal deficit commitment or not.

InterviewOne to One Corporate sector is in a real bad shape and we can't blame the government for it.... Sanjay Dutt ,Director,Quantum Securities

Market Watch 19 Feb | 06:29PM| SENSEX NIFTY USD/INR GOLD 23709.15 ↑59.93 7210.75 ↑19.00 68.45 ↓-0.02 29615.00 ↑306.00

Gainers Losers 19 Feb, 2016, 06:29PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Shriram EPC Ltd. 28.80 17.55 170603 29.30 26.40 Panchsheel Organics Ltd. 74.70 16.63 4257 74.70 66.00 Hindustan Composites Ltd. 1100.00 14.82 1424 1125.00 1000.00

FROM THE NEWSPAPER

Why the FM needs to spend more on farm sector, and how The agrarian economy employs more than 50 per cent of the workforce and therefore, affects a large number of total consumers in the economy. Gold tops Rs 29,000-level again on global cues, domestic demand Globally, gold climbed 1.85 per cent to USD 1,230.70 an ounce and silver by 0.75 per cent to USD 15.38 an ounce in New York in yesterday's trade. Saudi, Iraq sell more oil to India, elbow out Latin America's crude Saudi Arabia was the top supplier to India in January, with volumes jumping 29% from the same month a year ago to nearly 940,000 barrels per day. Bet on consumption plays; buy the right kind of stocks and sit tight Investors will be better off betting on consumption as a theme, along with cement, NBFC and PSB stocks, said Aashish P Somaiyaa of Motilal Oswal Mutual Fund. Top 10 stocks to look at post a mixed bag earnings season Q3 earnings performance of India's listed universe remained tepid; while top lines disappointed big time, even bottom lines didn't offer much to cheer about.

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