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FPIs account for a fifth of the total market capitalisation of Indian equities. from Stocks-Markets-Economic Times https://ift.tt/2wQqlLi via Urmarketspy

As a part of the global deal, ABB India demerged its power grid business into a separate entity, called APPSIL. from Stocks-Markets-Economic Times https://ift.tt/2UTn5qy via Urmarketspy

Shares on Wall Street tumbled on Tuesday, with the Dow registering its biggest quarterly fall since 1987. from Stocks-Markets-Economic Times https://ift.tt/342qOGk via Urmarketspy

Investors grew edgy after the bank management laid out its strategy and the state of affairs at the lender which has seen a management change with long time chief executive Romesh Sobti making way for an insider, Sumant Kathpalia. from Stocks-Markets-Economic Times https://ift.tt/2R0tC1r via Urmarketspy

Kotak Institutional Equities has maintained buy rating on Petronet LNG and reduced target price to Rs 300 from Rs 325. from Stocks-Markets-Economic Times https://ift.tt/2UuZu0u via Urmarketspy

Performance in March has eclipsed declines during events such as demonetisation in late 2016, implementation of the goods and services tax (GST) in 2017 and the global financial crisis of 2008, experts said. Passenger vehicle sales are seen at 145,000-150,000 units in March, halving from the year-ago month. Two-wheeler sales are expected to have slipped below a million units. from Stocks-Markets-Economic Times https://ift.tt/2WYhbqT via Urmarketspy

The decision came after Xerox said earlier this month it would postpone meetings with HP shareholders to focus on coping with the coronavirus pandemic. It is a blow to billionaire investor Carl Icahn, who owns big stakes in both companies and had pushed for their merger. from Moneycontrol Latest News https://www.moneycontrol.com/news/world-news/coronavirus-pandemic-|-xerox-abandons-3635-bn-hostile-bid-for-hp-sources_13632281.html via Urmarketspy

It is time for US to participate in balancing the oil market as Russia-Saudi Arabia#39;s price war hurts crude. from Moneycontrol Latest News https://ift.tt/39yShRt via Urmarketspy

Trump ordered the Department of Energy, or DOE, on March 13 to take advantage of low oil prices and fill the reserve "to the top", in an effort to help domestic drillers suffering from the global oil price drop. But carrying out the order has been tricky. from Moneycontrol Latest News https://ift.tt/3dGzV4h via Urmarketspy

The poll conducted on March 30-31 of more than 1,100 American adults found that 46 percent of registered voters said they would support Biden if he were running against Trump in the November 3 election, while 40 percent said they would vote for Trump. from Moneycontrol Latest News https://ift.tt/3dIhLio via Urmarketspy

Trends on SGX Nifty indicate a negative opening for the index in India with a 44 points loss. from Moneycontrol Latest News https://ift.tt/3dK06qF via Urmarketspy

"It#39;s absolutely critical for the American people to follow the guidelines for the next 30 days. It#39;s a matter of life and death," Trump said during a news conference at the White House. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/coronavirus-pandemic-|-trump-warns-americansa-tough-two-weeks-aheadcovid-19-fight_13632161.html via Urmarketspy

The exercise assumes significance as it is taking place at a time when the entire country is under the grip of the COVID-19 outbreak, which has triggered a 21-day lockdown. from Moneycontrol Latest News https://ift.tt/2WXWnjf via Urmarketspy

On the issue of swap arrangements, the finance minister encouraged IMF to use its existing resources to create a non-stigmatised short-term liquidity swap facility which could be rapidly deployed as and when needed by the countries. from Moneycontrol Latest News https://ift.tt/3aAiXSZ via Urmarketspy

"We do not intend to interfere with the free discussion about the pandemic, but direct the media refer to and publish the official version about the developments," the apex court order said. from Moneycontrol Latest News https://ift.tt/33YRCaw via Urmarketspy

MSCI#39;s broadest index of Asia-Pacific shares outside Japan gained 0.35% in early trade. from Moneycontrol Latest News https://ift.tt/3bEHhTW via Urmarketspy

Non-manufacturers#39; sentiment also worsened to levels not seen in seven years as travel bans, event cancellations and social distancing policies hurt consumption, the Bank of Japan#39;s "tankan" quarterly survey showed on April 1, clouding an already darkening outlook for the economy. from Moneycontrol Latest News https://ift.tt/33YAZvE via Urmarketspy

Live updates of the novel coronavirus pandemic and its economic impact. Total confirmed cases in India have risen to 1,397. from Moneycontrol Latest News https://ift.tt/2WYvPys via Urmarketspy

Brent crude was down by 21 cents, or 0.8%, at $26.14 a barrel by 0032 GMT, while U.S. West Texas Intermediate crude was up by 27 cents, or 1.3%, at $20.75 a barrel. from Moneycontrol Latest News https://ift.tt/342mxCM via Urmarketspy

The Dow Jones Industrial Average fell 313.21 points, or 1.4%, to 22,014.27, the SP 500 lost 39.15 points, or 1.49%, to 2,587.5 and the Nasdaq Composite dropped 77.74 points, or 1%, to 7,696.41. from Moneycontrol Latest News https://ift.tt/3dJMmfo via Urmarketspy

Spot gold was up 0.4% at $1,577.83 per ounce, as of 0030 GMT, having slumped 3.1% in the previous session. U.S. gold futures slipped 0.3% to $1,591.30. from Moneycontrol Latest News https://ift.tt/3awJQY8 via Urmarketspy

The Nifty reclaimed 8,575 this week after some lower-level buying was witnessed in heavyweights like Reliance Industries, HDFC twins and Infosys. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-cesc-hul-nestle-can-giveto-16-returnshort-term_13631961.html via Urmarketspy

Wall Street's three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of massive economic damage from the coronavirus pandemic. from Stocks-Markets-Economic Times https://ift.tt/2US0cDV via Urmarketspy

Principal Deputy Assistant Secretary of State for Consular Affairs Ian Brownlee told reporters during a teleconference on March 30 that the US had brought back some 25,000 of its citizens from 50 countries and another 9,000, including those from India, have expressed their interest to return to America in the wake of the deadly coronavirus pandemic that has engulfed the world. from Moneycontrol Latest News https://www.moneycontrol.com/news/world-news/coronavirus-pandemic-|-us-coordinatingindia-to-bring-back-its-stranded-citizens-official_13628201.html via Urmarketspy

Globally, 33,257 deaths and 697,244 cases of COVID-19 have been recorded, according to the WHO#39;s situation dashboard. from Moneycontrol Latest News https://ift.tt/2UtL68y via Urmarketspy

Minda Industries | GNFC | Fortis Healthcare | Federal Bank | JSW Energy and Coromandel International are among the stocks that are in the news today. from Moneycontrol Latest News https://ift.tt/3dHIawQ via Urmarketspy

Under a worse-case scenario, the region could suffer its sharpest downturn since a devastating currency crisis more than two decades ago, the bank said in an updated forecast released Monday. from Moneycontrol Latest News https://ift.tt/39sC3cw via Urmarketspy

Indian IT professionals, most of whom are highly skilled and come to the US mainly on the H-1B work visas, are the worst sufferers of the current immigration system which imposes a seven per cent per country quota on allotment of the Green Card. from Moneycontrol Latest News https://ift.tt/2JqbXML via Urmarketspy

Ford said the simplified ventilator design, which is licensed by GE Healthcare from Florida-based Airon Corp and has been cleared by the Food and Drug Administration, can meet the needs of most COVID-19 patients and relies on air pressure without the need for electricity. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/coronavirus-pandemic-|-ford-ge-to-produce-50000-ventilators100-days_13628061.html via Urmarketspy

The pandemic is causing "an unprecedented global shock, which could bring growth to a halt and could increase poverty across the region," said Aaditya Mattoo, World Bank chief economist for East Asia and the Pacific on Monday. from Moneycontrol Latest News https://ift.tt/3aqQ3Vn via Urmarketspy

Live updates of the novel coronavirus pandemic and its economic impact. The total number of confirmed COVID-19 cases in India has risen to 1,251. from Moneycontrol Latest News https://ift.tt/2yjmYNn via Urmarketspy

Trump said last week that the two drugs could be a "gift from God," despite scientists warning against the dangers of overhyping unproven treatments. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/coronavirus-pandemic-|-us-regulator-fda-approves-limited-usemalaria-drugs-for-covid-19_13628041.html via Urmarketspy

Trends on SGX Nifty indicate a positive opening for the index in India with a 197 points gain. from Moneycontrol Latest News https://ift.tt/3bEm2li via Urmarketspy

Live updates of the novel coronavirus pandemic and its economic impact. The total number of confirmed COVID-19 cases in India stands at 1,251. from Moneycontrol Latest News https://ift.tt/2UMYbJl via Urmarketspy

This is the first time a Samsung chip factory employee has tested positive for the virus, although several confirmed cases at the tech giant#39;s smartphone factory in South Korea#39;s southeastern city of Gumi resulted in a temporary suspension. from Moneycontrol Latest News https://ift.tt/33UJuYM via Urmarketspy

The H-1B visa is a non-immigrant visa that allows the US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. The technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. from Moneycontrol Latest News https://ift.tt/39wNRdM via Urmarketspy

A total of 78,569 employees of BSNL and 14,387 staffers of MTNL have opted for the voluntary retirement scheme (VRS) which closed on December 3, 2019. from Moneycontrol Latest News https://ift.tt/33XkjEL via Urmarketspy

Mainland China had 48 new cases on March 30, the National Health Commission said in a statement, up from 31 new infections a day earlier. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/coronavirus-pandemic-|-china-reports-risenew-covid-19-cases-due-to-imported-infections_13627941.html via Urmarketspy

Japan#39;s Nikkei firmed 1.0% after a jittery start, while South Korea added 2%. from Moneycontrol Latest News https://ift.tt/33XEbrn via Urmarketspy

"The guidelines will be very much as they are, maybe even toughened up a little bit," he told reporters in remarks at the White House. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/coronavirus-pandemic-|-trump-says-guidelines-to-slow-covid-19-spread-may-get-tougher_13627861.html via Urmarketspy

Brent crude was up by 19 cents, or 0.8%, at $22.95 a barrel by 0051 GMT, after closing at $22.76 in the previous session, the lowest close since November 2002. from Moneycontrol Latest News https://ift.tt/33WaQxH via Urmarketspy

JPMorgan Chase Co said on Saturday it expected real U.S. gross domestic product to fall 10% in the first quarter and plunge 25% in the second quarter. from Moneycontrol Latest News https://www.moneycontrol.com/news/international-markets/wall-street-gains-as-us-extends-shutdown-to-limit virus-spread_13627921.html via Urmarketspy

Nearly 738,500 people have been infected across the world and about 35,000 have died, according to a Reuters tally. from Moneycontrol Latest News https://ift.tt/2QUTtrS via Urmarketspy

Spot gold was down 0.3% at $1,616.34 an ounce, as of 0037 GMT. U.S. gold futures eased 0.1% to $1,641.20. from Moneycontrol Latest News https://ift.tt/3avRW39 via Urmarketspy

As far as support is concerned, the level of 8,095 on Nifty would play a key role from Moneycontrol Latest News https://www.moneycontrol.com/news/technicals/hot-stocks-|-here3-short-term-buys-that-can-giveto-10-return_13627781.html via Urmarketspy

The maker of Royal Enfield motorcycles has suspended payments to a few of its suppliers. from Stocks-Markets-Economic Times https://ift.tt/3axamQZ via Urmarketspy

China on Monday became the latest to add stimulus with a cut of 20 basis points in a key repo rate. from Stocks-Markets-Economic Times https://ift.tt/3by0g2o via Urmarketspy

Unless Nifty crosses the 9,000-mark, the index could head back to 7,500 or lower. from Stocks-Markets-Economic Times https://ift.tt/2WUZk42 via Urmarketspy

Broadbent had been CFO at the New York financial services company and investment bank since November 2007, following a 16-year career at Morgan Stanley, where he was head of institutional controllers for fixed income, equity and investment banking. from Stocks-Markets-Economic Times https://ift.tt/33WwS3l via Urmarketspy

The National Health Commission said in a statement on Monday that 31 new coronavirus cases were recorded on Sunday, including one locally transmitted infection, dropping from 45 cases a day earlier. from Moneycontrol Latest News https://ift.tt/39wfrYu via Urmarketspy