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Showing posts from March, 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

Trade Spotlight: What should investors do with Intellect Design BirlaCorp?

Intellect Design gained over 6 percent with strong volumes, while Birla Corp rallied over 5 percent to hit a fresh 52-week high on March 31. from Moneycontrol Latest News https://ift.tt/3fxqR58 via Urmarketspy

West Bengal Election 2021 | Mamata Banerjee will lose, claims Suvendu Adhikari after casting vote

West Bengal Election 2021 | Speaking to reporters, he said that he was confident that Chief Minister Mamata Banerjee, who is contesting the elections against him from the Nandigram seat, will lose the polls. from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/west-bengal-election-2021-|-mamata-banerjee-will-lose-claims-suvendu-adhikari-after-casting-vote_14977101.html via Urmarketspy

US exporters continue to encounter significant barriers in India: Report

In its annual 2021 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) said on Wednesday that while the Indian government pursued ongoing economic reform efforts, it also continued to promote programmes like #39;#39;Make in India#39;#39; that favour domestic production over importation. from Moneycontrol Latest News https://ift.tt/3wfxL4I via Urmarketspy

Tech lifts SP 500, Nasdaq; indexes post gains for quarter

Bets on a strong economic rebound supported Wall Street during the quarter even as jitters cropped up over GameStop and a retail trading frenzy, a spike in Treasury yields and a U.S. hedge fund going bust. from Moneycontrol Latest News https://ift.tt/3ufawFY via Urmarketspy

Government withdraws small savings scheme rate cut

Finance Minister Nirmala Sitharaman said the orders issued by oversight shall be withdrawn. from Moneycontrol Latest News https://ift.tt/3m6SPWy via Urmarketspy

Assembly Election 2021 | PM Narendra Modi urges people to vote in large numbers

Assembly Election 2021 | Polling began at 7 am for 30 constituencies, including the high-profile Nandigram seat, in West Bengal and 39 seats in Assam amid tight security, officials said. from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/assembly-election-2021-|-pm-narendra-modi-urges-people-to-votelarge-numbers_14977001.html via Urmarketspy

Kerala lottery Result: #39;Karunya Plus KN-362#39; lottery winners to be announced today at 3 pm

Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Karunya Plus KN-362#39; will take home Rs 80 lakh. The second prize winner will get Rs 10 lakh and the third prize winner will get Rs 1 lakh. The winner of the consolation prize will get Rs 8,000. from Moneycontrol Latest News https://ift.tt/39zKpBM via Urmarketspy

Assembly Election 2021 LIVE Updates: All eyes on Mamata vs Suvendu in Nandigram, EC imposes Section 144 of CrPC

Assembly Election 2021 LIVE Updates: The second phase of voting in Assam and West Bengal is underway. Catch latest updates of the polling in the two states from Moneycontrol Latest News https://ift.tt/3mdJOLd via Urmarketspy

Assembly Election 2021 | Mamata Banerjee vs Suvendu Adhikari in Nandigram: Voting for second phase underway in Assam, West Bengal

All eyes will, however, be on battleground Nandigram that is going to the polls today with chief minister Mamata Banerjee engaged in a fierce contest with her protege-turned-rival Suvendu Adhikari of the BJP. from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/assembly-election-2021-|-mamata-banerjee-vs-suvendu-adhikarinandigram-voting-for-second-phase-underwayassam-west-bengal_14976881.html via Urmarketspy

Asian shares set to edge up, after Wall Street tech rally

The dollar, meanwhile, hit a one-year high against the yen and multi-month peaks with other currencies as investors bet U.S. fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery. from Moneycontrol Latest News https://ift.tt/3du0KcG via Urmarketspy

SBI, JBIC ink $1 b pact to refinance loans to Japan’s auto cos in India

The loan is in the form of refinancing against the funding support provided to the manufacturers, suppliers and dealers of Japanese automobiles in India, whose business activities are recovering from reduced sales due to Covid-19. from Stocks-Markets-Economic Times https://ift.tt/3m98Aw4 via Urmarketspy

Billionaire John Malone gets $353 million boost after Archegos-fueled drop

Discovery Inc.’s class B shares soared in the aftermath of the stock selloff by Archegos Capital Management. from Stocks-Markets-Economic Times https://ift.tt/3wj9LO4 via Urmarketspy

Govt slashes rates on small savings by up to 110 basis pts

The government has slashed interest rates on small savings schemes, such as post office deposits and public provident fund, by up to 110 basis points, dealing a fresh blow to savers seeking safety. from Stocks-Markets-Economic Times https://ift.tt/3rHEz7L via Urmarketspy

Stocks in the news: NIIT, RIL, UCO Bank, Adani Enterprises, BPCL, Axis Bank and Vedanta

The government has cut price of natural gas by 11 per cent to $3.62 per mmBtu for difficult fields like the one operated by Reliance-BP. from Stocks-Markets-Economic Times https://ift.tt/3uaVa5p via Urmarketspy

Sensex up 68% in FY21, highest rise in 10 years

A global pandemic notwithstanding, Dalal Street set several records during the financial year that ended on March 31, including a record rally beyond 52,500 points for the sensex, market capitalisation that neared the $3 trillion mark and a record amount of net foreign fund inflow at almost Rs 2. from Stocks-Markets-Economic Times https://ift.tt/3wgfAMm via Urmarketspy

HDFC raises FD rates upto 25 bps

From March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributors said this is the first time after October 2018 that HDFC Ltd has raised deposit rates. from Stocks-Markets-Economic Times https://ift.tt/3uaTNUn via Urmarketspy

India’s current account ends in deficit in Q3 as demand rises

The critical measure of a country's external strength now stands at a surplus of 1.7 per cent of GDP for the first nine months of the fiscal year as against a deficit of 1.2 per cent in the year-ago period from Stocks-Markets-Economic Times https://ift.tt/3sEKHiw via Urmarketspy

Top 15 things to know before the market opens

Trends on SGX Nifty indicate a gap-up opening for the index in India with a 114 points gain. from Moneycontrol Latest News https://ift.tt/3dmgazq via Urmarketspy

Emmanuel Macron orders COVID-19 lockdown across all of France, closes schools

With the death toll nearing 100,000, intensive care units in the hardest-hit regions at breaking point and a slower-than-planned vaccine rollout, Macron was forced to abandon his goal of keeping the country open to protect the economy. from Moneycontrol Latest News https://ift.tt/2QVZIOV via Urmarketspy

Coronavirus News Live Updates: Maharashtra govt slashes RT-PCR test rates

Coronavirus News Live Updates: Today is the 373rd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic. from Moneycontrol Latest News https://ift.tt/3m8esFM via Urmarketspy

Buzzing Stocks | Indian Overseas Bank, Sunteck Realty and others that will be in focus today

Check out the companies making the biggest headlines before the bell. from Moneycontrol Latest News https://www.moneycontrol.com/news/buzzing-stocks/buzzing-stocks-|-indian-overseas-bank-sunteck-realtyothers-that-will-befocus-today_14976781.html via Urmarketspy

West Bengal Election 2021 | Polling begins for 30 seats in second phase of Bengal elections, all eyes on Nandigram

Voting is underway with strict adherence to COVID-19 protocols in nine seats each in Purba and Paschim Medinipur districts, eight in Bankura and four in South 24 Parganas. from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/west-bengal-election-2021-|-polling-begins-for-30-seatssecond-phasebengal-elections-all-eyesnandigram_14976801.html via Urmarketspy

Hot Stocks | ICICI Prudential, HPCL, Kotak Mahindra Bank three trading ideas for short term

Looking at the technical setup, Nifty is expected to remain volatile for the next few trading sessions with a sideways to a bearish trading pattern. Support for the Nifty is placed near 14,400 and resistance is near 14,950 from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-icici-prudential-hpcl-kotak-mahindra-bank-three-trading-ideas-for-short-term_14976761.html via Urmarketspy

Wall Street dips, with technology the biggest drag

At the same time, the SP 500 financials, industrials and consumer discretionary sectors rose, extending the recent rotation out of growth and into so-called value names. from Moneycontrol Latest News https://ift.tt/3udn1SL via Urmarketspy

COVID-19 crisis demonstrated that rise of India is good for world: Harsh Vardhan Shringla

In an address at the Ananta Aspen Centre, Shringla also said that the coronavirus crisis has demonstrated that the rise of India as a "self-reliant" partner is good for the world. from Moneycontrol Latest News https://ift.tt/3djtF2N via Urmarketspy

Joe Biden expected to end Donald Trump ban on temporary foreign workers

The Democratic president has rolled back many of former President Donald Trump#39;s immigration policies since taking office on Jan. 20 including last month revoking a proclamation that had blocked many applicants for permanent residency - known as a green card - from entering the United States. from Moneycontrol Latest News https://ift.tt/3rDldjW via Urmarketspy

Buzzing Stocks | UltraTech Cement, TCS and others that will be in focus today

Check out the companies making the biggest headlines before the bell from Moneycontrol Latest News https://www.moneycontrol.com/news/buzzing-stocks/buzzing-stocks-|-ultratech-cement-tcsothers-that-will-befocus-today_14974361.html via Urmarketspy

Asian stocks poised for first monthly loss since October

MSCI's broadest index of Asia-Pacific shares outside of Japan climbed for a fourth consecutive day to a one-week high of 682.36 points. from Stocks-Markets-Economic Times https://ift.tt/39whUFj via Urmarketspy

Stocks in the news: IDFC First Bank, IRB Infra, L&T, DRL & UltraTech Cement

IDFC First Bank said it has fixed the floor price at Rs 60.34 for the Rs 3,000 crore qualified institutional placement (QIP) issue. from Stocks-Markets-Economic Times https://ift.tt/31AuZZC via Urmarketspy

HDFC Securities users face stock quote mismatch

HDFC Securities customers have been complaining of a mismatch between stock quotes displayed by the mobile application and those available online. There have also been instances of distorted portfolio valuation numbers experienced by the stock broker’s customers. from Stocks-Markets-Economic Times https://ift.tt/3djW4WH via Urmarketspy

Top brokerage says Covid surge may increase risks for banks

​​The brokerage has highlighted risks emerging for AU Small Finance Bank and RBL Bank which have a high proportion of loans to small enterprises and micro finance. from Stocks-Markets-Economic Times https://ift.tt/3sxAEM1 via Urmarketspy

Learn with ETMarkets: Who are the Hedgers and Speculators?

​Hedging is the act of managing price risk where the objective is to protect oneself against a loss. Speculation is basing a buying or selling decision more on hope rather than on time-tested reasoning for making gains. from Stocks-Markets-Economic Times https://ift.tt/3wbhkq1 via Urmarketspy

Key indicator hinting at strength in midcap stocks

The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Historically since the advent of Nifty Midcap 100 in January 2001, the index has seen a golden crossover on weekly charts only on two instances. The first time was in January 2010 and the second time in May 2014. from Stocks-Markets-Economic Times https://ift.tt/2PLBDcN via Urmarketspy

Payment companies face tighter RBI norms

To submit compliance certificates twice a year, confirming adherence to data storage norms from Stocks-Markets-Economic Times https://ift.tt/3cBzPw7 via Urmarketspy

Only global factors, not Indian economy, can drag Nifty below 13,000, says Raghvendra Nath of Ladderup Wealth Management

The March quarter numbers are expected to be strong and there is a general expectation that the next two years should see strong earnings growth from Indian companies, says Nath. from Moneycontrol Latest News https://ift.tt/39tRiV8 via Urmarketspy

Buzzing Stocks | KNR Constructions, Kohinoor Foods and others that will be in focus today

Check out the companies making the biggest headlines before the bell from Moneycontrol Latest News https://www.moneycontrol.com/news/buzzing-stocks/buzzing-stocks-|-knr-constructions-kohinoor-foodsothers-that-will-befocus-today_14974361.html via Urmarketspy

Top 11 things to know before the market opens

Trends on SGX Nifty indicate a flat opening for the index in India with a 2 points loss. from Moneycontrol Latest News https://ift.tt/3sClEwh via Urmarketspy

Oil rises on expectations OPEC will maintain supply discipline

Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel at 0202 GMT, after falling 1.3% on Tuesday. from Moneycontrol Latest News https://ift.tt/3m63wIQ via Urmarketspy

Kerala Lottery Result: #39;Akshaya AK-491#39; lottery winners to be announced today at 3 pm

Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Akshaya AK-491#39; will take home Rs 70 lakh from Moneycontrol Latest News https://ift.tt/2PcerEZ via Urmarketspy

Lottery Sambad Result March 31: #39;Dear Bangalakshmi Raidak#39; winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Raidak#39; lottery will take home Rs 50 lakh from Moneycontrol Latest News https://ift.tt/39qRZik via Urmarketspy

Asian stocks poised for first monthly loss since October on bond rout

MSCI#39;s broadest index of Asia-Pacific shares outside of Japan climbed for a fourth consecutive day to a one-week high of 682.36 points. The index, last up 0.4%, was still a fair distance away from an all-time peak of 745.89 touched just last month. from Moneycontrol Latest News https://ift.tt/3m881Cw via Urmarketspy

Coronavirus News Live Updates: Mumbai sees 4,758 COVID-19 cases; doubling rate now 50 days

Coronavirus News Live Updates: Today is the 372nd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic. from Moneycontrol Latest News https://ift.tt/3rxUTrv via Urmarketspy

Trade Spotlight: What should investors do with Tata Steel, JSW Steel Blue Dart?

Tata Steel rose over 4 percent, JSW Steel and Blue Dart rallied more than 5 percent each on March 30 to hit a fresh 52-week high. Read expert recommendations on how to trade these stocks today. from Moneycontrol Latest News https://ift.tt/3rAbzPm via Urmarketspy

Assembly Elections 2021 LIVE Updates | Congress taking AIUDF#39;s support to stay politically alive in Assam: BJPรข€™s Smriti Irani

Assembly Elections 2021 LIVE Updates: The second phase of voting will happen tomorrow. Catch latest updates of the poll campaign in all four states and the Union Territory from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/assembly-elections-2021-live-updates-|-congress-taking-aiudf39s-support-to-stay-politically-aliveassam-bjpรข€™s-smriti-irani_14974201.html via Urmarketspy

DAILY VOICE | China Plus One, manufacturing emerging as megatrends in India, says Tanushree Banerjee of Equitymaster

Despite the possibility of better earnings in the next fiscal, a sharp and unexpected up move in US interest rates can suck liquidity out from Indian markets and cause valuations to crash, says Banerjee. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-china-plus-one-manufacturing-emerging-as-megatrendsindia-says-tanushree-banerjeeequitymaster_14974181.html via Urmarketspy

Hot Stocks | Ramco Cements, Berger Paints, Marico can give up to 12% return in short term

Now, 15,000 Call strike holds the maximum open interest of nearly 43 lakh shares which should act as an immediate strong hurdle for the Nifty. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-ramco-cements-berger-paints-marico-can-giveto-12-returnshort-term_14974161.html via Urmarketspy

One of world’s greatest hidden fortunes is wiped out in days

Hwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu Inc., Baidu Inc. -- all of which had soared this year, sometimes confounding traders who couldn’t fathom why. from Stocks-Markets-Economic Times https://ift.tt/2PD1B2g via Urmarketspy

‘Shakti’ network powers HUL’s rural growth

“Following the outbreak of Covid, in the beginning there were many hurdles in getting products across to households. At the same time, there was a demand for hand washes, detergents and sanitisers — all of which are required for hygiene and safety. My father travelled to nearby villages to distribute these products, while I ensured that the houses in our village were well stocked,” Dwivedi told TOI. from Stocks-Markets-Economic Times https://ift.tt/2PbM8qe via Urmarketspy

SGX Nifty up 10 points; here's what changed for market while you were sleeping

Asian shares were trading flat to positive on Tuesday as investors shook off earlier worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher. Hong Kong's Hang Seng rose 0.3 per cent to 28,433.19, Korea's Kospi added 0.5 per cent to 3,050.83. Japan Nikkei edged 0.08 per cent lower at 29,360.98. from Stocks-Markets-Economic Times https://ift.tt/3wd3i7i via Urmarketspy

View: Archegos greed got the better of Wall Street

Bill Hwang’s investment firm, which ended up having to meet one of the largest margin calls on record, was a disaster waiting to happen. from Stocks-Markets-Economic Times https://ift.tt/3m1JBed via Urmarketspy