Friday 31 May 2019

GDP growth hits 5-year low | FM Sitharaman must revive animal spirits | 5 sectors crying for attention

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DAILY BRIEF

Fri, May 31, 2019

#ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast
TOP OF THE DAY
Growth@5-yr low: St wants govt to fix economy on a war footing
India's unemployment rate rose to 6.1% in 2017-18 fiscal year, the statistics ministry said.
Tech View: Nifty's long upper wick on weekly chart a sign of worry
After Market: Who moved Sensex, 62 stocks throw up bearish signal
F&O: Nifty's trading range at 11,550 to 12,250 levels
Sitharaman new FM: D-St says she must revive India's animal spirits
Modi's new portfolio; here's how you can create yours on D-Street
5 ailing sectors crying for attention in Modi 2.0 regime

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
Berger Paints 9.90%
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NSE
1 company (largecap) price decreased more than -5%
Info Edge -5.05%
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52 Week High

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JIK Industries 7.69%
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As Modi 2.0 kicks off, D-St sends him a long reforms wish list
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This hotel stock defied odds in bad times, should outshine now
Top hedge funds bank on India, show little love for China
Fear to come down and greed take over in couple of weeks: Sofat, IIFL
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Time for contrarian calls, move away from the crowd: Sanjay Dutt
Fed unlikely to respond to bond market calls for rate cuts
Investors pull more than $10 billion from stocks: BAML
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Modi's new govt hit by disappointing economic data on the first day

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THE ECONOMIC TIMES
Fri, May 31, 2019 | 06:10 PM IST

Daily Newsletter

India's GDP growth slips below 6%, lowest in 5 years

The economy had grown 6.6% in the third quarter, 7.1% in second and 8.2% in the first quarter.

India's unemployment rate hit 6.1% in FY18, highest in 45 years

The same figure was leaked to a newspaper in January, which said it was the highest since 1972/73. ...

Amit Shah is India's new Home Minister, Sitharaman is FM

PM Modi along with his other Cabinet colleagues were sworn in by the President yesterday. ...

FY19 fiscal deficit at Rs 6.45 lakh crore, 3.4% of GDP

The fiscal deficit data was released by Controller General of Accounts (CGA).

TRAI's OTT consultation needs radical rethink
Light-touch regulation is the choice of all stakeholders of TRAI's consultation process.
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FEATURED STORIES
Finance minister has an eye on economy — and pickles Finance minister has an eye on economy — and pickles
She had a brief stint as a junior minister in the Finance Ministry in 2014, while handling the trade portfolio....read more
7 challenges before Sitharaman, the new FM » 
The two things that may now move quickly » 
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Biggest ever sale in the realty sector revealed - Read more to know what's in store for you.

Biggest ever sale in the realty sector of the region.

Modi govt doesn't need radical reforms Modi govt doesn't need radical reforms...
Swaminathan Aiyar, Leading economic journalist
Market Watch 31 May | 06:10PM|
SENSEX NIFTY USD/INR GOLD
39714.20
-117.77
11922.80
-23.10
69.69
-0.18
31994.00
185.00
MARKET NEWS
New FM Sitharaman must revive animal spirits: D-Street

Market veteran Ambareesh Baliga said the announcement took him by surprise....

PM announces portfolios; Here's how you can create yours

A diversified investment portfolio can protect your wealth during volatile times on D-Street....

Gainers Losers 31 May, 2019, 06:10PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Berger Paints India 330.55 10.04 620067 343.0 302.1
Ujjivan Financial Services Limited 362.40 6.43 584848 364.4 342.05
Edelweiss Financial Services 202.35 5.72 349767 203.7 192.8
PI Industrial 1143.40 5.61 8865 1155.0 1060.0
Symphony 1516.40 5.53 10093 1528.0 1427.0
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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Meet the men and women who will run India for the next 5 years
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Smart things to know about Voluntary Provident Fund
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What's behind the spike in deaths on Mount Everest?
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Amazon's Alexa gets new skill: Amnesia
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FROM THE NEWSPAPER
How Modi picked his team for second innings

UP represented by 8 ministers apart from PM; Maharashtra, Haryana, J'khand get 11 ministerial berths....

Deloitte, KPMG in 1st IL&FS chargesheet

SFIO accused BSR & Co and Deloitte Haskins & Sells and others of concealing info and falsifying accounts....

Behind the scenes, Kant readies a major reset

Kant's task force estimates that India will need 70 lakh skilled project managers in the next 10 years....

Will Modi Sarkar 2.0 bite the bullet?

The government now faces tough choices as it tries to put the economy on a higher growth path....

With new hiring, Bengaluru to engineer global Goldman

The company has invested $250 million to develop a new 10.5-acre hub, its third largest in the world....

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ET PANACHE
PM Modi goes green for swearing-in ceremony; 7K handmade paperbags made from waste plastic distributed
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Fall sick often? Avoid even short trips to polluted cities
Fall sick often? Avoid even short trips to polluted cities
All in a day's celebration: Piyush Goyal retains Railways, daughter graduates from Harvard
All in a day's celebration: Piyush Goyal retains Railways, daughter graduates from Harvard
Kareena Kapoor Khan becomes highest-paid female star on TV; actress says she deserves it
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