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Showing posts from April, 2020

Ahead of Market: 12 things that will decide stock action on Monday

Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade setup on the counters of Torrent Pharma, Mindteck, Capacit’e Infraprojects, APL Apollo Tubes and La Opala. from Stocks-Markets-Economic Times https://ift.tt/3sHwST0 via Urmarketspy

Coronavirus originated from China#39;s Wuhan lab: Donald Trump

"Yes, I have. Yes, I have," Trump told reporters at the East Room of the White House when asked if he has seen anything at this point that gives him a high degree of confidence that the Wuhan Institute of Virology is where the virus originated. from Moneycontrol Latest News https://ift.tt/2We5o5Q via Urmarketspy

Skoda offers online booking for its whole range of vehicles in India

Skoda offers online booking for its whole range of vehicles in India from Moneycontrol Latest News https://ift.tt/2ydZNnW via Urmarketspy

It is propaganda: India on social media posts alleging harassment of Muslims

India called as "propaganda" certain social media posts from the Arab world alleging harassment of Muslims in several parts of the country in the name of containing the spread of coronavirus. from Moneycontrol Latest News https://ift.tt/2Wejrbv via Urmarketspy

Exclusive: Gilead says open to collaborate with govts, drug cos to make Remdesivir globally available

There is a possibility of Indian cos becoming part of the consortium, in the past Gilead used voluntary licenses to rope in Indian cos to manufacture and launch HIV and hepatitis-C medications in low-middle-income countries (LMICs). from Moneycontrol Latest News https://ift.tt/3d7yWsO via Urmarketspy

Donald Trump threatens new tariffs on China as US mulls retaliatory action over virus

Trump#39;s sharpened rhetoric against China reflected his growing frustration with Beijing over the pandemic, which has cost tens of thousands of lives in the United States alone, sparked an economic contraction and threatened his chances of re-election in November. from Moneycontrol Latest News https://ift.tt/2KSuBNG via Urmarketspy

Delhi govt warns private hospitals against denial of treatment to non COVID-19 patients

The order came amid reports of some private hospitals denying critical services like dialysis, blood transfusion and chemotherapy on account of contracting COVID-19. from Moneycontrol Latest News https://ift.tt/3bUBSsi via Urmarketspy

#39;We have no information about the situation of Kim Jong Un#39;: UN chief Antonio Guterres

Guterres was responding to a question on whether any UN official had spoken to any North Korean official about the health and whereabouts of Kim. from Moneycontrol Latest News https://ift.tt/2zNzSnF via Urmarketspy

Blue Star to raise Rs 300 crore via NCDs

The nationwide lockdown has impacted the company#39;s cash flow position and the firm needs funds for its business continuity and growth over the next 12-18 months, Blue Star said in a regulatory filing. from Moneycontrol Latest News https://ift.tt/2zMO5Bk via Urmarketspy

Wall Street caps best month in decades with broad sell-off

While risk-off selling pulled all three major U.S. stock averages into the red, the S&P 500 and the Dow posted their largest monthly percentage gains since January 1987, with the Nasdaq having its best month since June 2000. from Stocks-Markets-Economic Times https://ift.tt/2SkBsnm via Urmarketspy

Here#39;s how real estate prices may play out after COVID-19 dust settles down

While luxury housing may see a 20 percent reduction in prices, developers are likely to offer freebies such as deferred payment plans to buyers investing in the mid segment. from Moneycontrol Latest News https://ift.tt/2KSrllq via Urmarketspy

More than 2,000 US coronavirus deaths in 24 hours

The country -- hardest hit by the pandemic in terms of the number of fatalities -- recorded 2,053 deaths on Thursday, after 2,502 deaths on Wednesday and 2,207 on Tuesday. from Moneycontrol Latest News https://ift.tt/35iBdyz via Urmarketspy

China doesn#39;t want to see me elected: Donald Trump

Instead, he claimed, China wants to have former vice president Joe Biden elected as the next US president in the November elections. from Moneycontrol Latest News https://ift.tt/3f87cG9 via Urmarketspy

World should follow South Korea on COVID-19 fight: UN chief

At the same time, he said, South Korea has presented plans for “a very ambitious green deal” for its recovery from the pandemic, including a ban on new coal-fired plants and a reduction of emissions from existing coal-fired plants. from Moneycontrol Latest News https://ift.tt/3d6OxIK via Urmarketspy

WHO should be ashamed of itself, it is like a PR agency for China: Donald Trump

The Trump Administration has launched a probe into the role of the WHO on coronavirus, and has temporarily suspended the US#39; financial assistance to it. from Moneycontrol Latest News https://ift.tt/3aTqjjU via Urmarketspy

Kedaara in talks to infuse Rs 300 crore in fintech startup Aye Finance

Like most lenders, Aye has stopped fresh disbursements due to the COVID-19 outbreak. from Moneycontrol Latest News https://ift.tt/2WdZEJp via Urmarketspy

Coronavirus India News Live Updates | US records more than 2,000 deaths in 24 hours

Highlights of the novel coronavirus pandemic and its socio-economic impact. Total confirmed cases in India have risen to 33,610. from Moneycontrol Latest News https://www.moneycontrol.com/news/economy/coronavirus-india-news-live-updates-|-us-records-more-than-2000-deaths24-hours_13728161.html via Urmarketspy

Apple, Huawei boost market share, as Q1 China smartphone shipments fall: Canalys

Total smartphone shipments in the country in the three months ended March fell 18% from a year earlier to 72.6 million, the data showed, as the coronavirus outbreak took a toll on Chinese supply chains and consumer demand. from Moneycontrol Latest News https://ift.tt/2WdZ12v via Urmarketspy

Donald Trump to leave White House on Friday for first time in a month

Trump will make the 70-mile (40 km) trip to Camp David on Friday evening, according to a schedule released by the White House on Thursday night. The schedule did not indicate how long Trump would stay at Camp David. from Moneycontrol Latest News https://ift.tt/2xsTLQc via Urmarketspy

Amazon sees possible Q2 loss as it forecasts $4 billion in COVID-19-related costs

Jeff Bezos, the company#39;s founder and world#39;s richest person, said in a statement, "we#39;re not thinking small," a sign that the e-commerce company would invest heavily during the pandemic. Rival brick-and-mortar retailers have had to shut stores while Amazon hired 175,000 people. from Moneycontrol Latest News https://ift.tt/3f85cxD via Urmarketspy

BSE, NSE shut today on account of Maharashtra Day

The Sensex ended 997.46 points or 3.05% higher at 33717.62, while Nifty rose 306.55 points or 3.21% to close at 9859.90. from Moneycontrol Latest News https://ift.tt/3bRbQGA via Urmarketspy

Zoom says it has 300 million daily meeting participants, not users

The Zoom blog from April 22 has now been edited to say that the company had surpassed "300 million daily Zoom meeting participants" instead of "more than 300 million daily users". from Moneycontrol Latest News https://ift.tt/2SqKCyJ via Urmarketspy

Oil prices surge again US stockpiles grow less than feared, output cuts kick in

Brent crude for July delivery, which started trading on Friday as the new front-month contract, was up $1.10, or 4.2%, at $27.58 a barrel by 0013 GMT. Brent gained 12% on Thursday. from Moneycontrol Latest News https://ift.tt/3f5MyX7 via Urmarketspy

Elon Musk#39;s SpaceX, Jeff Bezos#39; Blue Origin land contracts to build NASA#39;s astronaut moon lander

The three companies, which include firms of tech billionaires Elon Musk and Jeff Bezos, will share $967 million from NASA, though specific amounts each company will receive were not immediately known. from Moneycontrol Latest News https://ift.tt/2WePOH5 via Urmarketspy

Oil prices rise on early signs of slowing US glut build

West Texas Intermediate (WTI) crude futures climbed to a high of $16.25 a barrel and were up 7.2%, or $1.08, at $16.14 at 0147 GMT. The U.S. benchmark surged 22% on Wednesday. from Moneycontrol Latest News https://ift.tt/2xjHjly via Urmarketspy

Data on Gilead drug raises hopes in pandemic fight, Fauci calls it #39;highly significant#39;

Preliminary results from a U.S. government trial showing that patients given remdesivir recovered 31% faster than those given a placebo, were hailed by Dr Anthony Fauci as "highly significant." from Moneycontrol Latest News https://ift.tt/3d34ijU via Urmarketspy

Boeing to shrink workforce, raise cash as coronavirus slams jet industry

After the market close, SP lowered its credit rating for Boeing to BBB-, one step above junk, saying that earnings and cash flow over the next few years are likely to be lower from Moneycontrol Latest News https://ift.tt/2WabPa2 via Urmarketspy

Facebook sees #39;signs of stability#39; in ad spending after coronavirus drop

The announcement came a day after Alphabet#39;s Google said a drop in its online ad sales similarly steadied in April. Shares of Facebook, the world#39;s biggest social network and the owner of WhatsApp and Instagram, soared 9% in extended trading. from Moneycontrol Latest News https://ift.tt/2zDAnjX via Urmarketspy

SGX Nifty up 25 points; what changed for market while you were sleeping

Nifty futures on the Singapore Exchange traded 24 points or 0.25 per cent lower at 9,701.75, indicating a positive start for Dalal Street. from Stocks-Markets-Economic Times https://ift.tt/2Sh0p32 via Urmarketspy

View: Franklin, we do give a damn

Sebi’s role has been primarily in the form of disclosure-based regulation, which requires listed securities to reveal all associated risks. from Stocks-Markets-Economic Times https://ift.tt/35gap1G via Urmarketspy

Buy Balkrishna Industries, target price Rs 1,000: Jayesh Bhanushali

The analyst suggested a stoploss at Rs 935 . from Stocks-Markets-Economic Times https://ift.tt/2KQSXY9 via Urmarketspy

FPIs cut holdings in banks during Q4

FPIs have lowered stakes in nine out of the 11Bank Nifty constituents in the March quarter over the previous quarter. from Stocks-Markets-Economic Times https://ift.tt/3bKRa2R via Urmarketspy

Buy AstraZeneca Pharma, target price Rs 3,300: Jayesh Bhanushali

The analyst suggested a stoploss at Rs 2850 . from Stocks-Markets-Economic Times https://ift.tt/2KJJX78 via Urmarketspy

Credit risk funds lose a fifth of their assets in just 3 days

Credit risk funds yielded significantly higher returns than normal debt funds. from Stocks-Markets-Economic Times https://ift.tt/3cZKkql via Urmarketspy

RBI may raise promoter holding cap in private banks

Some private sector banks have sought a relaxation in licensing norms. from Stocks-Markets-Economic Times https://ift.tt/2VOoosF via Urmarketspy

Investors can track 5 key events to make healthy return to Street

When growth is difficult to achieve, investors scout for dividend-paying companies. from Stocks-Markets-Economic Times https://ift.tt/2YdOW8i via Urmarketspy

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 133 points gain. from Moneycontrol Latest News https://ift.tt/2YuAid5 via Urmarketspy

RIL to report Q4 earnings today: Jio business expected to support numbers

Centrum Broking said non-energy businesses continued to save the day for RIL, which is likely to see a sharp $1.2 a barrel QoQ dip in GRMs and a 7 percent QoQ decline in Petchem EBIT. from Moneycontrol Latest News https://ift.tt/3aKgggR via Urmarketspy

Hot Stocks | BoB, Deepak Nitrite can give up to 15% return in short-term

The analyst believes 9,400 will act as support and Nifty is likely to march towards 9,800 in the coming trading session. The beach of 9,400 will drag Nifty to 9,200 – 9,000 levels. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-bob-deepak-nitrite-can-giveto-15-returnshort-term_13723581.html via Urmarketspy

Wall Street rallies on promising coronavirus drug

The Dow Jones Industrial Average rose 532.31 points, or 2.21%, to 24,633.86, the SP 500 gained 76.12 points, or 2.66%, to 2,939.51 and the Nasdaq Composite added 306.98 points, or 3.57%, to 8,914.71. from Moneycontrol Latest News https://ift.tt/2yYt9He via Urmarketspy

HUL Q4 Preview: Lower tax, strong operating income may boost profit

Among brokerages, Kotak Institutional Equities expects the maximum 19.5 percent growth in profit for the quarter while Emkay sees 10.4 percent rise in bottomline. from Moneycontrol Latest News https://ift.tt/3f6HaCY via Urmarketspy

Tech Mahindra expected to announce dull Q4 numbers; here#39;s what to watch for

Brokerage firm Kotak Institutional Equities expects a 21.9 percent year-on-year (YoY) fall and 22.8 percent quarter-on-quarter (QoQ) fall in Tech Mahindra#39;s adjusted net profit at Rs 884 crore for Q4FY20. from Moneycontrol Latest News https://ift.tt/3cZc7ar via Urmarketspy

Govt continuously taking steps to benefit farmers: PM Modi

"India is proud of its food providers. The government is committed to protect the rights of those who feed the entire country, and is taking steps to take care of their interests," Modi tweeted. from Moneycontrol Latest News https://ift.tt/3aOPTXh via Urmarketspy

Coronavirus India LIVE Updates: COVID-19 cases in Delhi near 3,500; US records 2,502 deaths in 24 hours

Live updates of the novel coronavirus pandemic and its socio-economic impact. Total confirmed cases in India have risen to 31,787. from Moneycontrol Latest News https://ift.tt/2YuqBvd via Urmarketspy

Veteran actor Rishi Kapoor admitted to hospital

"He is in the hospital. He is suffering from cancer and he has some breathing problem, so he has been admitted to the hospital. He is stable now," Randhir told PTI. from Moneycontrol Latest News https://ift.tt/2Wh9uu6 via Urmarketspy

Right to access internet not fundamental right, says JK in SC, opposes restoration of 4G services

The administration told the apex court that a very reasonable quantum of restrictions have been imposed by reducing the speed of internet to protect the sovereignty, integrity and security of the country. from Moneycontrol Latest News https://ift.tt/2xjVZBc via Urmarketspy

Wall Street rallies on promising coronavirus drug

All are well within 20% of their record levels, with the tech-heavy Nasdaq now within 10% of its high. from Stocks-Markets-Economic Times https://ift.tt/2W9ZL8K via Urmarketspy

Spain̢۪s villages wage a lonely fight against the coronavirus

The isolation of the countryside offers some protection against the outbreak, but once the illness strikes, it can reveal the unique vulnerabilities that smaller communities face. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/spain̢۪s-villages-wagelonely-fight-againstcoronavirus_13719141.html via Urmarketspy

Pfizer plans expanded coronavirus vaccine trials, sees #39;negligible#39; hit from outbreak

The company left its full-year adjusted profit forecast of $2.82 to $2.92 per share unchanged, saying it expects the pandemic to have little impact on its overall results. from Moneycontrol Latest News https://ift.tt/2W9kmK9 via Urmarketspy

China rebuffed US efforts to contain coronavirus: Mike Pompeo

China "rebuffed" US efforts to get experts on the ground at the epicentre of the coronavirus outbreak to help contain its spread, Secretary of State Mike Pompeo has alleged. from Moneycontrol Latest News https://ift.tt/3cWCQEv via Urmarketspy

In pics | Stocks in the news: LT, Axis Bank, Biocon, NLC India, Zee Ent, PNB Housing

Gabriel India | Crompton Greaves Consumer Electricals | Ujjivan Small Finance Bank | Sangam (India) | PPAP Automotive are among the stocks in focus today. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/in-pics-|-stocksthe-news-lt-axis-bank-biocon-nlc-india-zee-ent-pnb-housing_13719041.html via Urmarketspy