Top 10 Stocks of 2017 Gave Up to 700% Return

The S&P BSE Sensex might have rallied over 17 % so far in 2017 but there are plenty of stocks which gave multibagger returns of up to 700 percent in the same period.

 awThe benchmark index Nifty on 19 Jun opened at 9626 and made a high of 9673, after making a low of 9615. Nifty closed at 9657 levels, up by 69 points from its previous day close.Bank Nifty touched its all time high of 23807 level. The index opened at 23571 and closed at 23742.

Prominent stocks which more than doubled investor’s wealth include names like Indiabulls Ventures (up 711%), followed by Venky’s India (up 242 %), Indiabulls Real Estate (up 179 %), Shakti Pumps (up 215 %), Future Retail (up 190%), Avanti Feeds (up 177 %).

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Indian rupee opens lower at 64.48 per dollar

rupee-1The Indian rupee opened marginally lower at 64.48 per dollar on Tuesday against previous close 64.43.


Bhaskar Panda of HDFC Bank said, “The dollar index has been recovering after it touched a low in the recent past. I expect the USD-INR pair to trade in a range of 64.40-64.60/dollar today.”

He further added, “The 10-year benchmark bond yield is expected to trade within the 6.45-6.47 percent range today.”

US dollar edged higher and yen tumbles as central bank outlooks come back into focus. New York Fed President Dudley reinforced expectations of further increases in interest rates.


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