Pay hike a Rs 1 lakh cr stimulus to economy! Here's how to invest

ET Markets Daily Brief | Wed, Jun 29, 2016 | 04:14 PM IST Follow ET Markets

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Well paid, Mr Modi! Pay panel hike a Rs 1L cr stimulus to economy The award instantly reminds you of the timing and stimulating effect that the sixth Pay Commission award had on the domestic economy in 2008. Here's what happened on Dalal Street all through Wednesday If you are reading this, chances are the Sensex and the Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. Many Bhangaar stocks doubled wealth in 1 year: Be 'penny' wise At a time when the benchmark equity indices have struggled to generate returns, more than 30 penny stocks doubled investor wealth in last one year.

Interview One to One "Rates are bound to be going up because the people, government employees will be getting a good number or good amount... Justice AK Mathur, Head, 7th Pay Commission

Market Watch 29 Jun | 04:14PM| SENSEX NIFTY USD/INR GOLD 26740.39 ↑215.84 8204.00 ↑76.15 67.62 ↓-0.34 31282.00 ↓-33.00

Gainers Losers 29 Jun, 2016, 04:14PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Biopac India Corporation Ltd. 15.84 20.00 83005 15.84 13.75 Surana Telecom and Power Ltd. 6.12 20.00 493087 6.12 5.04 K-Lifestyle & Industries Ltd. 0.24 20.00 90394 0.24 0.20

Tweet of the day... Six key takeaways for the market from the 7th Pay Panel award

FROM THE NEWSPAPER

Pay bonanza: Should your extra earning go into equity or debt? To make your money work, first choose the right investment avenue. Fixed deposits are unlikely to offer any meaningful return on your portfolio. Will pay panel award, easier REIT norms lift realty stocks out of misery? Deleveraging, renewed interest among PE players and the recent relaxation in REIT rules have helped create some amount of optimism on the counter. Quess Corp IPO kicks off, anchor investors lap it up The company raised Rs 180 crore from 15 anchor investors. It is offering 70,96,774 shares to primary market investors in the price band of Rs 310-317 apiece. Take some money off market, sit on cash to pick stocks at fair value The fear that the shock vote in the UK has instilled in market men is yet to go away. Benchmark indices have lost close to 500 points in the last 3 sessions. Takeaways from RBI's stress test: Banks very close to tipping point RBI and Rajan have had a lot to say about the crisis in the Indian banking sector, its impact on shareholders and the broader market. Here are the takeaways.

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