Stock News Inshorts-17 Dec 2017

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Keep yourself updated with our Stock News Inshorts-17 Dec 2017 feed.

Visit  Porinju Veliyath Biography and the stock he is most bullish on.

Stock News Inshorts-17 Dec 2017

Here is the top 5 market news in short.

1 Stocks recommended for 2018:

Many of stock market experts in India come up with their stock recommendations for new year. This time there is no exceptions. Here is the list of stocks recommended by stock gurus in India.

APL Apollo, Indian Hotels, Jyothy Labs, Nucleus Software,

PSP Projects, Manappuram Finance, HOV Services, Shriram Transport,

Vedanta, Coffee Day, ICICI Bank, Balkrishna Industries,

PVR, Power Grid, Everest Industries, Thangamayil Jewellery

Source

2 Top 10 stocks bought by mutual funds in Nov 2017

Here are 10 Stocks bought by Mutual Funds in Nov 2017

Bharti Airtel Ltd.

Infosys Ltd.

ICICI Bank Ltd.

Larsen & Toubro Ltd.

Housing Development Finance Corporation Ltd.

State Bank Of India

Divis Laboratories Ltd.

HDFC Bank Ltd.

Titan Company Ltd.

Mahindra & Mahindra Ltd.

source

3 Trump’s tax overhaul could be dangerous

The finance ministers from the five-largest European economies sent a letter to Treasury Secretary warning that the GOP tax bill could be negative for the world economy and violate international rules. Chinese officials are also preparing policy changes to try to mute the impact of the tax bill.

There could be large capital outflows from non-US countries if US cuts corporate tax rates. Other countries may have to follow which may not be a good sign for the fiscal position of any country.

source

4 Bitcoins Legal Or Illegal in India?

“The creation, trading or usage of (virtual currencies) VCs including Bitcoins, as a medium for payment are not authorized by any central bank or monetary authority. No regulatory approvals, registration or authorization is stated to have been obtained by the entities concerned for carrying on such activities,” the RBI had said in a press release.

Source

5 One of the best place to check stock statistics

There are many places where you can check stock performance over various period of time.

We find bloombergquint is one of the very convenient place where stock statistics are available in a simple and effective way.

source https://www.bloombergquint.com/markets

Also read our Pharma sector outlook in 2018 and our stock pick from the sector.

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