Market staring at two years of big earnings growth; As mercury levels rise, stocks of AC makers turn hot

ET Markets Daily Brief | Fri, Apr 22, 2016 | 05:53 PM IST Follow ET Markets

Market staring at two years of big earnings growth; buy stocks now One key factor holding up the market over the past 12-18 months was poor earnings growth, but market analysts say those worries are largely behind us now. As mercury levels rise, stocks of AC makers turn hot cakes for investors The demand for ACs has surged, which has lifted stocks of AC makers like Voltas, Hitachi Home and Blue Star by up to 23 per cent over the past one month. Tech view: No clarity on D-Street! Nifty forms Doji pattern on charts The Nifty50 ended a listless session on a muted note with a negative bias on Friday, forming a Doji kind of pattern on the daily candlestick charts, which suggests lack of clarity.

Interview One to One If not in June, US fed rate hike more likely to be in 2017... Dr SK Ghosh, Chief Economic Adviser, SBI

Advertorial 5 lesser known facts about tax benefits of health insurance Most financial planners suggest that the first step in any financial plan should be to ensure that one has adequate health insurance.

Market Watch 22 Apr | 05:53PM| SENSEX NIFTY USD/INR GOLD 25838.14 ↓-42.24 7899.30 ↓-12.75 66.48 ↑0.09 29365.00 ↑8.00

Gainers Losers 22 Apr, 2016, 05:53PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Alchemist Ltd. 26.10 20.00 29363 26.10 21.90 Lesha Industries Ltd. 4.50 18.42 5600 4.50 3.20 Ankit Metal & Power Ltd. 1.94 18.29 346987 1.96 1.67

Tweet of the day... Gold consolidating, but will gain from RBI move

FROM THE NEWSPAPER

Here's what happened on Dalal Street all through Friday If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. RIL reports 13% YoY fall in Q4 net profit, beats estimates; GRM at $10.8/bbl Ahead of the results, RIL closed 0.21 per cent lower at Rs 1,038.75. It hit a low of Rs 1,030.50 and a high of Rs 1,047.75 in trade today. Five top stock recos from global brokerages after their Q4 results Global brokerages have recommended buy ratings on IndusInd, Wipro, LIC Housing Finance, TCS & MindTree after their announced their March qtr earnings. HDFC Bank clocks 20% growth in Q4 net profit, meets expectations; gross NPA falls to 0.94% HDFC Bank on Friday reported a 20.05 per cent year-on-year (YoY) rise in net profit to Rs 3,370 crore for the March quarter. Government to terminate three highway projects due to poor performance of the developers The government will terminate three highway projects - Ranchi-Jamshedpur, Rohtak-Jind and Haridwar-Dehradun, NHAI Chairman Raghav Chandra said.

MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow ET Markets

About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2016 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here