Monday, 25 July 2016

Nifty50 hits 52-week high and 10 quality stocks that deserve your attention

ET Market

ET Markets Daily Brief | Mon, Jul 25, 2016 | 05:00 PM IST

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Sensex reclaims Mt 28K, Nifty50 hits 52-week high; Top 5 reasons behind rally

The Nifty50 ended at 8,635 after hitting its fresh 52-week high of 8,641.15 in trade, supported by gains in sectors such as oil & gas, realty, consumer durable.

Nifty50 at a 1-year high; over 130 stocks hit 52-week highs

The index finally closed 94.45 points, or 1.11 per cent, higher at 8,635. It hit a low of 8,517 and a 52-week high of 8,641 on Monday.

Here's what happened on Dalal Street all through Monday

Interview One to One
Expect strong growth for cyclicals in H2FY17...
Rajat Rajgarhia, CEO of Institutional Equities, Motilal Oswal Securities
Market Watch 25 Jul | 05:00PM|
SENSEX NIFTY USD/INR GOLD
28095.34
292.10
8635.65
94.45
67.35
0.26
30747.00
-124.00
Gainers Losers 25 Jul, 2016, 05:00PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Sahara Housingfina Corporation Ltd. 60.60 20.00 3223 60.60 50.00
Sujana Metal Products Ltd. 3.00 20.00 265738 3.00 2.56
Blue Chip Tex Industries Ltd. 104.40 20.00 5947 104.40 94.00
Tweet of the day...
FROM THE NEWSPAPER
Brute force of money lifts Buffett indicator to 6-year high: Should you worry?

A post-Brexit rally in the market and entry of newly listed companies via the primary market caused the BSE m-cap to surge, thereby lifting the indicator.

Best of the best: The 10 best-performing quality stocks of the year you can look at

The Nifty Quality30 index, a gauge of 30 quality stocks, has outperformed the broader Nifty50 since its inception on March 19, 2015.

India may not be the worst country to retire if you are sufficiently invested

According to a survey by HSBC, 47 per cent of working people in India has not started saving for their future or have stopped or faced difficulties while saving.

FII stakes hit record highs in dozen firms amid sporadic outflows: What's the secret

FPI holding in AIA Engineering rose by 7.08 percentage points to 28.08 per cent at the end of Q1 of FY17 compared with 21 per cent in the year-ago quarter.

Dilip Buildcon IPO to hit market on Aug 1, price band Rs 214-219

One-third of the anchor investor portion would be reserved for domestic mutual funds, subject to valid bids.

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