.: The Economic Times Markets Watch Newsletter

Tuesday 30 April 2013

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	Dated:30 April,2013

Top Headlines

Sensex today rose 117 points to close at a six-week high of 19,504.18 on funds buying in bluechips led by FMCG stocks such as Hindustan Unilever.

The run-up in the markets in the last two weeks may just be the beginning of a much larger uptrend, says Ambit Capital.

At Rs 600 per share, the stock is valued at around 34xtimes FY15 earnings, making it look expensive in the short term.

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

Investors find India as a 'tease' market: Citi
Some investors in Europe refer to India as a 'tease' market, which is on the radar once again due to lower commodity prices.

Expect rupee to be closer to 52 vs dollar in 3 months: Sujan Hajra
"While growth is unlikely to pick up very significantly, there is a clear possibility that the inflation will correct more than what the consensus is expecting."

Recommend holding onto HUL, see 10-15% upside: Raamdeo Agrawal
This company is a dividend machine, they pay out almost 80-90%, at times even 100%, said Raamdeo Agrawal, Motilal Oswal Financial Services.

Market Round-up

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