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Impavid Bulletin

markets

​First, on a fundamental basis, if you look at, we always track something called earnings yield which is nothing but one by PE and on a trailing 12 months basis if you look at the earnings yield of large cap is 4.3%, midcap is about 4.8% and small cap is about 4.6%.

The Nifty Realty index was trading 0.41 per cent down at 524.7.

A total of 3,382 shares changed hands on the counter till 10:51AM (IST).

​And I think we will have to see how this impact on this 5% of our business plays out. It is still, to be honest, very early to predict it. Probably the next quarter, we should be in a position to share more information on that front.

Gold prices edged higher on Wednesday, with spot gold at Comex trading up by 0.31% at $1939 per ounce in the morning session. A lower US dollar and declining US Treasury yields helped gold rise to its highest level in three weeks," Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities, said.

A total of 6,030 shares changed hands on the counter till 11:01AM (IST).

The rupee was at 82.29 to the U.S. dollar, up from 82.3650 in the previous session. The rupee has been on a recovery path due to the dollar's decline since the U.S. non-farm payrolls data on Friday.

“Post the GST rejig which has imposed 28% tax on gaming of all sorts, it is better to just stay away for two-three quarters. Let the dust settle down. Let us see what the real numbers are and how the impact has been and then take a call.”

The Nifty Bank index was trading 0.31 per cent up at 44882.1.