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Showing posts from February, 2021

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

Brazil prosecutors seek halt of COVAXIN purchase deal, say trial data still pending: Report

Situation is similar in India, where some states have opposed COVAXIN due to lack of trial results from Moneycontrol Latest News https://ift.tt/3q1sqd6 via Urmarketspy

Buy USDINR; target of 74.10 - 74.20: ICICI Direct

ICICI Direct, A sharp sell-off was seen in most currencies as US bonds moved sharply. from Moneycontrol Latest News https://ift.tt/3q1szgE via Urmarketspy

SGX Nifty up 229 points; here's what changed for market while you were sleeping

Asian shares firmed on Monday as some semblance of calm returned to bond markets after last week's wild ride, while progress in the huge US stimulus package underpinned optimism about the global economy. from Stocks-Markets-Economic Times https://ift.tt/3sBc9Nv via Urmarketspy

Busy 2020 of Warren Buffett's Berkshire broke a record despite lack of major deals

​Berkshire Hathaway Inc. was firing up another engine: stocks -- both buying its own and trading others. from Stocks-Markets-Economic Times https://ift.tt/3q22YnF via Urmarketspy

View: Bitcoin whales are a mixed blessing

One wry criticism of Bitcoin is that its userbase resembles the distribution of wealth in North Korea: Just 2% of Bitcoin accounts hold 95% of the cryptocurrency in circulation. from Stocks-Markets-Economic Times https://ift.tt/3q3zJAP via Urmarketspy

Stocks in news: IOC, Tata Chemicals likely to be in focus in today's trading

from Stocks-Markets-Economic Times https://ift.tt/3dWZFvE via Urmarketspy

Stocks in the news: Adani Green, Puravankara, SBI, Equitas Holdings & RIL

Nine banks and two non-bank lenders are coming together to jointly invest Rs 7,000 crore of initial capital in a proposed bad bank. from Stocks-Markets-Economic Times https://ift.tt/3kJfEyZ via Urmarketspy

Kerala Lottery Result: #39;Win Win W-605#39; lottery winner to be announced today at 3 pm

Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Win Win W-605#39; will take home Rs 75 lakh from Moneycontrol Latest News https://ift.tt/3dUt2Pa via Urmarketspy

Petrol, Diesel prices remain stable for 2nd day after touching new highs

On February 26, Union Oil Minister Dharmendra Pradhan had said that the raging fuel prices will come down as the winter ends. from Moneycontrol Latest News https://ift.tt/2NOs78j via Urmarketspy

Market may continue to consolidate on the back of weak global cues: Experts

Indications are in favour of further decline in the index and Nifty#39;s next support is at 14,400 and 14,200 zone, says Ajit Mishra, VP - Research, Religare Broking. from Moneycontrol Latest News https://ift.tt/3bGkiJC via Urmarketspy

Lottery Sambad Result March 1: ‘Dear Bangalakshmi Teesta’ lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Teesta#39; lottery will take home Rs 50 lakh from Moneycontrol Latest News https://www.moneycontrol.com/news/business/lottery-sambad-result-march-1-‘dear-bangalakshmi-teesta’-lottery-winners-to-be-announced-at-4-pm_14892161.html via Urmarketspy

Buzzing Stocks | Bharti Airtel, RIL, Railtel, Bank of Maharashtra, Equitas Holdings, Tata Chemicals, Hindustan Aeronautics

Bharti Airtel, Esab India, Railtel Corporation of India, Indian Oil Corporation, Vedanta, United Spirits, Minda Industries, Acrysil, Mallcom (India), SSPN Finance, Kilitch Drugs (India), BEML, are also among the stocks in focus today. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/buzzing-stocks-|-bharti-airtel-ril-railtel-bankmaharashtra-equitas-holdings-tata-chemicals-hindustan-aeronautics_14892141.html via Urmarketspy

AstraZeneca has sold its stake in Moderna for more than $1 billion: Report

Moderna, whose vaccine is cleared for emergency use against COVID-19 in the United States, said last week it was expecting sales of $18.4 billion from its coronavirus vaccine this year. from Moneycontrol Latest News https://ift.tt/37XvSz3 via Urmarketspy

Golden Globes 2021: The glam was back at the award show, albeit at a distance

This year, instead of star-studded crowds crammed into the Beverly Hilton’s ballroom, the Globes hosted frontline and essential workers from Moneycontrol Latest News https://ift.tt/3bGeXC4 via Urmarketspy

Top 10 things to know before the market opens

Trends on SGX Nifty indicate a gap-up opening for the index in India with a 227 points gain. from Moneycontrol Latest News https://ift.tt/3kEZKpe via Urmarketspy

Donald Trump airs grievances, teases 2024 run in first post-presidential speech

While former US president Donald Trump teased his future plans, he left the crowd guessing about whether he will challenge Joe Biden in a rematch. from Moneycontrol Latest News https://ift.tt/3b2DMJt via Urmarketspy

DAILY VOICE | Volatility likely to increase in Indian markets due to hardening of US yields, but long-term view remains bullish: Jyoti Roy of Angel Broking

PNC Infratech and Kalpataru Power are our top picks in the Infrastructure space while JK Lakshmi Cement and Somany Ceramics are our top picks in cement and building material space, Roy said from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-volatility-likely-to-increaseindian-markets-due-to-hardeningus-yieldslong-term-view-remains-bullish-jyoti-royangel-broking_14892041.html via Urmarketspy

Coronavirus News LIVE Updates: Maharashtra logs 8,293 new COVID-19 cases, 62 fresh fatalities

Coronavirus News LIVE Updates: India has begun the second phase of the vaccination drive in which everyone above 60 years of age and those over 45 years with comorbidities will be able to get the COVID-19 vaccine. from Moneycontrol Latest News https://ift.tt/302FaoY via Urmarketspy

Asian equities rally, battered bond market tries to steady

China's official manufacturing PMI out over the weekend missed forecasts, but Japanese figures showed the fastest growth in two years. from Stocks-Markets-Economic Times https://ift.tt/3kyOKtp via Urmarketspy

Coronavirus News LIVE Updates: PM Modi receives first dose of COVID-19 vaccine today

Coronavirus News LIVE Updates: India has begun the second phase of the vaccination drive in which everyone above 60 years of age and those over 45 years with comorbidities will be able to get the COVID-19 vaccine. from Moneycontrol Latest News https://ift.tt/3r8OYKc via Urmarketspy

PM Narendra Modi takes his first COVID-19 vaccine dose at AIIMS Delhi

PM Narendra Modi was reportedly administered a shot of Bharat BioTech#39;s COVAXIN COVID-19 vaccine from Moneycontrol Latest News https://ift.tt/3bHXJV6 via Urmarketspy

Hot Stocks | NTPC, Bajaj Finance and ICICI Bank are 3 short-term trading ideas

Crucial trendline support is placed at 14,000. A breach of this could lead to 13,700–13,500. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-ntpc-bajaj-financeicici-bank3-short-term-trading-ideas_14892001.html via Urmarketspy

Asian stocks bounce as bond market calms

Japan’s Nikkei rallied 2.0%, while NASDAQ futures bounced 0.8% and SP 500 futures 0.7%. from Moneycontrol Latest News https://ift.tt/3dUFIFL via Urmarketspy

Ranbir Kapoor, Bachna Ae Haseeno and Mumbai real estate

The Bollywood movie has uncanny similarities to the after-sales aspect that is commonly followed in the real estate business. from Moneycontrol Latest News https://ift.tt/3bLVtMC via Urmarketspy

Convenience beer stores: Why Growler stations are having a moment

Growler stations — where one can fill up and take away artisanal beers — are popping up across Mumbai and Pune after a nod from state authorities last year. What does the new retail format promise for craft beer brewers and enthusiasts? from Moneycontrol Latest News https://ift.tt/37TdkQo via Urmarketspy

Trade Setup: Critical for Nifty to stay above 14,444; avoid shorts

There are mild possibilities of a technical pullback happening on Monday. from Stocks-Markets-Economic Times https://ift.tt/3b2THYe via Urmarketspy

Bringing petro-goods under GST will be good move: CEA

Petroleum Minister Dharmendra Pradhan had also urged Union Finance Minister Nirmala Sitharaman to bring petroleum products under the ambit of the GST. from Stocks-Markets-Economic Times https://ift.tt/3kwuFEb via Urmarketspy

Auto stocks in focus ahead of Feb sales figures: Here's what to expect

Maruti Suzuki is seen to report a further fall in market share to to 47.5 per cent in February compared with 49 per cent in December quarter and 53 per cent in February last year, Nomura India said. from Stocks-Markets-Economic Times https://ift.tt/2Ob9J9j via Urmarketspy

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

Momentum indicator Moving Average Convergence Divergence (MACD) on Friday showed bullish trade setup on the counters of Tata Motors, Aditya Birla Fashion, Manappuram Finance, Jain Irrigation, Gufic BioSciences, Britannia Industries and others. from Stocks-Markets-Economic Times https://ift.tt/3b2qZHa via Urmarketspy

China's factory activity expands at a slower pace in February, misses expectations

The official manufacturing Purchasing Manager’s Index (PMI) fell to 50.6 from 51.3 in January, data from the National Bureau of Statistics (NBS) showed on Sunday, remaining above the 50-point mark that separates growth from contraction. from Stocks-Markets-Economic Times https://ift.tt/3q1ltsy via Urmarketspy

Long & Short of Markets: ​Jhunjhunwala on when will Sensex top out; June 16 could be a turning point for Street

Ace investor Rakesh Jhunjhunwala gives two reasons that can lead to the demise of a bull market. from Stocks-Markets-Economic Times https://ift.tt/3kzNNAX via Urmarketspy

Are some share swap deals a fraud? Buffett thinks so

Share swap deals are often used by companies to acquire other companies, especially when they happen at "imaginative" valuations. from Stocks-Markets-Economic Times https://ift.tt/3bNgXsh via Urmarketspy

Top takeaways from Warren Buffett's letter: One big mistake and four family jewels

In his letter, Warren Buffett said most of Berkshire’s value resides in four businesses--three controlled and one in which it has only a 5.4 per cent interest--and termed them as jewels. from Stocks-Markets-Economic Times https://ift.tt/3uEMFAH via Urmarketspy

Most major Gulf stock markets fall in early trade

Qatar buck trend as most major stock markets in the Gulf fell on Sunday after Friday's slide in oil prices and global equities. from Stocks-Markets-Economic Times https://ift.tt/3aZDS4w via Urmarketspy

Tweet Buster: Why Zerodha squared off all intraday positions after NSE tech glitch

Zerodha CEO Nithin Kamath said as brokers, their business isn’t to predict the direction of the stock market. from Stocks-Markets-Economic Times https://ift.tt/3uD50yb via Urmarketspy

ETMarkets Investors' Guide: Should you play the commodity rally through stocks?

from Stocks-Markets-Economic Times https://ift.tt/3aYXuWo via Urmarketspy

The week that was: Hindustan Copper surges 74% in a week; auto, IT heavyweights among top losers

Here are 10 stocks that buzzed the most during the week: from Stocks-Markets-Economic Times https://ift.tt/3q1L847 via Urmarketspy

FPIs net buyers for 2nd consecutive month in Feb; invest Rs 23,663 cr

Foreign portfolio investors invested a net Rs 25,787 crore into equities but pulled out Rs 2,124 crore from the bonds market during February 1-26 from Stocks-Markets-Economic Times https://ift.tt/3r3uwui via Urmarketspy

Day trading guide: 2 stock recommendations for Monday

A sustained trade below the support level of 14,440 will extend the corrections to 14,330-14,300 levels. from Stocks-Markets-Economic Times https://ift.tt/3r3Vi5w via Urmarketspy

FII flow, bond yields among key factors that will guide market this week

This week, much like the last one, global cues will be of vital importance. Moreover, investors will also keep an eye on FII inflows, which has turned negative as rising bond yields are making equities unattractive. from Stocks-Markets-Economic Times https://ift.tt/3r2oBFO via Urmarketspy

9 out of top 10 firms lose nearly Rs 2.2 lakh cr in m-cap, RIL gains

Reliance Industries (RIL) was the only scrip to post gains in its market valuation among the top 10 valued companies. from Stocks-Markets-Economic Times https://ift.tt/2ZWZAQp via Urmarketspy

Why Warren Buffett won’t take the Reddit bait

The biggest omission from Buffett’s letter was any rumination on markets and valuations, nor were there signs that maybe he’d come to accept higher prices as the new normal. from Stocks-Markets-Economic Times https://ift.tt/3swxGXK via Urmarketspy

Buffett singles out Apple among top 3 valuable holdings

Buffett has amassed $120 billion worth of Apple stock since his conglomerate started purchases in late 2016, while only spending $31.1 billion building that stake. from Stocks-Markets-Economic Times https://ift.tt/3uFV72M via Urmarketspy

Warren Buffett's $10 billion mistake: Precision Castparts

Berkshire wrote off $9.8 billion of Precision’s value last August, as the coronavirus pandemic sapped demand for air travel and the Portland, Oregon-based unit’s products. from Stocks-Markets-Economic Times https://ift.tt/3b1OEHK via Urmarketspy

Buffett’s ‘tone deaf’ annual letter skirts major controversies

Buffett, 90, has been unusually quiet since last year’s annual meeting in May amid a multitude of issues facing Americans. from Stocks-Markets-Economic Times https://ift.tt/3b2X3KZ via Urmarketspy

Buffett’s Berkshire snaps up record $24.7 billion of own stock

The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to investors. from Stocks-Markets-Economic Times https://ift.tt/3uxJquO via Urmarketspy

US senators introduce legislation to end China#39;s access to multiple year visa

The legislation, Visa Security Act, was introduced by Senators Marsha Blackburn, Tom Cotton, Rick Scott, Ted Cruz, and Marco Rubio on Friday. from Moneycontrol Latest News https://ift.tt/2ZUBlCr via Urmarketspy

1MDB scandal: Malaysian bank AmBank to pay $699 million as settlement

The payment by AMMB Holdings Bhd is for "all outstanding claims and actions in relation to the AmBank Group#39;s involvement in the 1MDB matter," Malaysia#39;s finance ministry said. from Moneycontrol Latest News https://ift.tt/3kqQsgt via Urmarketspy

Pocket square for dummies: How to sport one, where does it originate and other questions answered

Why was the pocket square once called a ‘handkerchief’, when did it become a ‘cool’ accessory and how to complement a suit or a blazer with a pocket square in the right fabric and pattern. from Moneycontrol Latest News https://ift.tt/3r2hUn3 via Urmarketspy

Broader market outperforms in a sombre week; 78 smallcap stocks rose 10-70%

If the Nifty falls to 14300-14350 without meaningful bounce, then it would be a buying opportunity for short-term/medium-term traders/investors, suggest experts. from Moneycontrol Latest News https://ift.tt/3qVCzZY via Urmarketspy