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Showing posts from August, 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

OPEC sees tighter oil market until May 2022

The Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, collectively known as OPEC , meet on Wednesday at 1500 GMT to set policy. from Moneycontrol Latest News https://ift.tt/3mRdX5h via Urmarketspy

In call before Afghan collapse, Joe Biden pressed Ashraf Ghani to #39;change perception#39;

The men spoke for roughly 14 minutes on July 23. On August 15, Ghani fled the presidential palace, and the Taliban entered Kabul. Since then, tens of thousands of desperate Afghans have fled and 13 U.S. troops and scores of Afghan civilians were killed in a suicide bombing at the Kabul airport during the frenetic U.S. military evacuation. from Moneycontrol Latest News https://ift.tt/3jt8Ki5 via Urmarketspy

Google delays office return until January as COVID-19 worries linger

The rapid spread of the highly contagious Delta coronavirus variant is also making companies reconsider their mask mandates and vaccination policies. from Moneycontrol Latest News https://ift.tt/3mOMOQB via Urmarketspy

Apple Watch production delayed

Manufacturers began small-scale production last week but encountered critical challenges in reaching satisfactory production performance, the report said. from Moneycontrol Latest News https://ift.tt/3kG8uvy via Urmarketspy

US stocks notch seven straight months of gains, dollar flat

Markets were subdued in quiet end-of-summer trading as investors wait for a U.S. jobs report for August on Friday that could shape how soon the Federal Reserve begins to withdraw its support of the economy when it begins to taper bond buying. from Moneycontrol Latest News https://ift.tt/3DyJ9MO via Urmarketspy

Stocks in the news: Maruti Suzuki, Wipro, Yes Bank, BHEL and Shoppers Stop

Maruti Suzuki said it expects total vehicle production in September to be just 40 per cent of the normal output due to the semiconductor shortage. from Stocks-Markets-Economic Times https://ift.tt/3zxZVJq via Urmarketspy

Shoppers Stop sells off Crossword to franchisee

Shoppers Stop, which operates a chain of department stores across India, has sold its subsidiary Crossword Bookstores to the owners of its Pune-based franchisee — Agarwal Business House — for around Rs 42 crore. from Stocks-Markets-Economic Times https://ift.tt/3DxK8wL via Urmarketspy

RBI’s 3-in-1 function key to stability during Covid: Das

“In the wake of the pandemic, when fiscal response resulted in a sharp increase in government borrowing, the market operations conducted by Reserve Bank not only ensured non-disruptive implementation of the borrowing programme, but also facilitated the stable and orderly evolution of the yield curve,” Das said. from Stocks-Markets-Economic Times https://ift.tt/3jDy6dr via Urmarketspy

Buzzing Stocks: Wipro, Mastek, Asian Paints and other stocks in news today

Stocks In the News: Check out the companies making the biggest headlines before the opening bell. from Moneycontrol Latest News https://ift.tt/3Bx1Q1l via Urmarketspy

Trade Spotlight: What should investors do with Asian Paints, Apollo Hospitals Bajaj Finance?

Bajaj Finance and Apollo Hospitals rose more than 5 percent and Asian Paints 3 percent to hit a fresh 52-week high on August 31 from Moneycontrol Latest News https://ift.tt/3mTSnx9 via Urmarketspy

DAILY VOICE: Markets may not rise in tandem with earnings growth in expansion phase: Tushar Pradhan of HSBC Asset Management

Consensus earnings estimates continue to remain robust for the next financial year. This is on the back of expected bounce back in economic activity and strong corporate results. from Moneycontrol Latest News https://ift.tt/3t34Wap via Urmarketspy

Hot Stocks | Shriram Transport, Canara Bank, Cholamandalam Investment can give up to 13% return in short term

Technical charts suggest that the banking index may outperform in the coming sessions as Bank Nifty has managed to close above the key resistance level of 36,400. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-shriram-transport-canara-bank-cholamandalam-investment-can-giveto-13-returnshort-term_15499901.html via Urmarketspy

Afghanistan-Taliban Crisis LIVE Updates: Withdrawal from Afghanistan best decision for America, says Joe Biden

Afghanistan-Taliban Crisis LIVE Updates: After more than USD 2 trillion spent in Afghanistan -- a cost that researchers at Brown University estimated would be over USD 300 million a day for 20 years in Afghanistan -- for two decades, he said. from Moneycontrol Latest News https://ift.tt/3gN6ZKM via Urmarketspy

Withdrawal from Afghanistan best decision for America: Joe Biden

Telling his fellow Americans that the war in Afghanistan is now over, Biden said he is the fourth President who has faced the issue of whether and when to end this war. from Moneycontrol Latest News https://ift.tt/3zL5yUA via Urmarketspy

TCS market-cap goes past Rs 14 lakh crore mark

Shares of Tata Consultancy Services (TCS) jumped 2.30 per cent to close at Rs 3,786.55 on the BSE on Tuesday. from Stocks-Markets-Economic Times https://ift.tt/3yrQfit via Urmarketspy

Sebi extends deadline for investment advisers to obtain BASL membership

"Existing IAs who fail to seek membership of BASL within the aforesaid timeline shall be liable for appropriate action including suspension or cancellation of certificate of registration of such IAs," Sebi said. from Stocks-Markets-Economic Times https://ift.tt/2WBJltB via Urmarketspy

NSE-BSE bulk deals: RKS Family Trust sells stake in Libas Consumer Products

RKS Family Trust today sold 147,552 shares of Libas Consumer Products at Rs. 61.6 apiece through a bulk deal on the National Stock Exchange. from Stocks-Markets-Economic Times https://ift.tt/2WBII3d via Urmarketspy

Grundfos announces strongest half-year results in company history

The company reported a sales growth of 18.4 per cent with a net turnover of DKK (Danish Krone) 14.1 billion. from Stocks-Markets-Economic Times https://ift.tt/3ByBlcd via Urmarketspy

Vijaya Diagnostics mobilises Rs 566 cr from anchor investors

The company has decided to allocate a total of 1,06,61,41 equity shares to 29 anchor investors at Rs 531 apiece, aggregating the transaction size to Rs 566.12 crore , according to a circular uploaded on BSE website. from Stocks-Markets-Economic Times https://ift.tt/3t4ucwV via Urmarketspy

Strong Q1 GDP to further strengthen investor optimism for growth

While the 24 per cent contraction in the June quarter of last year due to the national lockdown had a major role in the 20 per cent growth this time around, analysts were upbeat about the pickup in consumption and construction sectors during the June quarter. from Stocks-Markets-Economic Times https://ift.tt/3yDq0FW via Urmarketspy

Afghanistan#39;s arc from 9/11 to today: Once hopeful, now sad

A country of 36 million, Afghanistan is filled with conservative people, many of whom live in the countryside. But even they do not adhere to the strict interpretation of Islam that the Taliban imposed when last they ruled. from Moneycontrol Latest News https://ift.tt/3t0aHWB via Urmarketspy

India: WhatsApp banned 3 million accounts between June 16-July 31

WhatsApp, in its latest report, said it received 594 user reports spanning across account support (137), ban appeal (316), other support (45), product support (64) and safety (32) during June 16-July 31. from Moneycontrol Latest News https://ift.tt/3sZYNMl via Urmarketspy

Financial wisdom | An ode to Amrita Pritam and Warren Buffet

While Buffett, synonymous with the world of investing, as investors around the world hanging on to his every word, Pritam, too, has a rich, deep and insightful treasure trove to derive financial wisdom from, along with, of course, the intricacies of love and women empowerment. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/financial-wisdom-|-an-ode-to-amrita-pritamwarren-buffet_15499801.html via Urmarketspy

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers from Moneycontrol Latest News https://ift.tt/38oq4yq via Urmarketspy

Top 10 things to know before the market opens

Trends on SGX Nifty indicate a negative opening for the index in India with a 35 points loss. from Moneycontrol Latest News https://ift.tt/2WEioWl via Urmarketspy

Explained: What happens now that US troops have left Afghanistan?

More than 114,000 people have been airlifted from Kabul airport in the past two weeks as part of the U.S. effort. from Moneycontrol Latest News https://ift.tt/3BsFYUS via Urmarketspy

Antony Blinken says America has begun new diplomatic mission in Afghanistan, moves embassy to Qatar

Antony Blinken said the US has shut down its diplomatic mission in Kabul and moved the embassy to Doha in Qatar. from Moneycontrol Latest News https://ift.tt/3DzWiVG via Urmarketspy

Lottery Sambad Result August 31: ‘Dear Bangalakshmi Torsha’ lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner will take home Rs 50 lakh. The second prize is Rs 9,000, the third prize is Rs 500 and the fourth prize is Rs 250. While the fifth prize is Rs 120, the consolation prize is Rs 1,000. from Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/lottery-sambad-result-august-31-‘dear-bangalakshmi-torsha’-lottery-winners-to-be-announced-at-4-pm_15496701.html via Urmarketspy

Ending Afghan war historic accomplishment of Joe Biden, says Ajay Jain Bhutoria

Bhutoria has been one of the strongest supporters of Biden from the very first day of his presidential campaign. from Moneycontrol Latest News https://ift.tt/3Bv8R31 via Urmarketspy

Antony Blinken says under 200 Americans in Afghanistan

Antony Blinken says the number of Americans left may be closer to 100. He says the US would work with Afghanistan#39;s neighbors to secure their departure either overland or by charter flight once the Kabul airport re-opens. from Moneycontrol Latest News https://ift.tt/3zxMJnR via Urmarketspy

Petrol, diesel prices on August 31: Fuel prices unchanged, check rates in your city

In Mumbai, the petrol price remained unchanged and retailed at Rs 107.52 a litre. from Moneycontrol Latest News https://ift.tt/3zxgWnc via Urmarketspy

UNSC adopts resolution on Afghanistan, demands territory not be used to attack other countries

The resolution said that it expects that the Taliban will adhere to commitments made by it regarding the safe, secure, and orderly departure from Afghanistan of Afghans and foreign nationals. from Moneycontrol Latest News https://ift.tt/2V3a41S via Urmarketspy

Never in history has withdrawal from war been handled so badly: Donald Trump

“Never in history has a withdrawal from war been handled so badly or incompetently as the Biden administration’s withdrawal from Afghanistan,” Trump said as the longest American war came to an end, with the Taliban regaining power in the country which they had lost after the American invasion weeks after the September 9/11 attacks. from Moneycontrol Latest News https://ift.tt/3t3QIX4 via Urmarketspy

Trade Spotlight: What should investors do with IEX, Max Healthcare Deepak Nitrite?

Here#39;s what Vikas Jain of Reliance Securities recommends investors should do with these stocks when the market resumes trading today: from Moneycontrol Latest News https://ift.tt/2WETghV via Urmarketspy

Afghanistan-Taliban Crisis LIVE Updates: 20-year military presence in Afghanistan ends, says Joe Biden

Afghanistan-Taliban Crisis LIVE Updates: Earlier, White House Press Secretary Jen Psaki told reporters that Biden stands by his decision to bring troops home from Afghanistan. from Moneycontrol Latest News https://ift.tt/3jq9zbr via Urmarketspy

Banking sector NPAs soar to 12.6% in June: Nomura Securities

On an aggregate basis, gross NPAs and restructured assets across banks and NBFCs increased to Rs 13.2 lakh crore in June 2021 from Rs 8.6 lakh crore in March 2020 due to an addition of Rs 3.7 lakh crore in loans due past 90 days and also Rs 2.4 lakh crore of restructured assets after adjusting for recoveries and write offs during the period. from Stocks-Markets-Economic Times https://ift.tt/3DwJjEo via Urmarketspy

Former SBI chairman Rajnish Kumar joins HSBC board in Asia

“Rajnish’s depth and breadth of experience across India’s financial industry will be an invaluable addition to the Board of the Group’s flagship Asian entity as HSBC directs its focus towards the region. The opportunities presented by its 1.4 billion population, 18 million non-resident Indians and 40,000 MNCs make India a key component of HSBC’s growth strategy," said Peter Wong, chairman of HSBC Asia. from Stocks-Markets-Economic Times https://ift.tt/3mLKxFH via Urmarketspy

NSE-BSE bulk deals: KKR Mauritius sells stake in Coffee Day Enterprises

In another transaction, Nomura Singapore bought 705,000 shares of Vishal Fabrics at Rs. 112.25 per share through a bulk deal on the NSE. from Stocks-Markets-Economic Times https://ift.tt/3yFkliF via Urmarketspy

Rakesh Jhunjhunwala-backed Rare Enterprises to invest in Syska LED

Syska Group has witnessed success over the years due to its first mover mindset and constant innovation and become one of the leading fast-moving electrical goods companies in the country. from Moneycontrol Latest News https://ift.tt/3kvzDkE via Urmarketspy

Sebi to auction properties of Royal Twinkle, Citrus Check Inns on Sep 25

In a notice on Monday, the Securities and Exchange Board of India (Sebi) said it will auction as many as 97 properties of the companies on September 25 at a reserve price of more than Rs 350 crore. from Stocks-Markets-Economic Times https://ift.tt/3yu43Jc via Urmarketspy

NSE co-location case: Sebi slaps Rs 6 lakh fine on Parwati Capital Market

Sebi had received multiple complaints pertaining to alleged malpractices with respect to the co-location facility being provided by the National Stock Exchange of India Ltd (NSE). from Stocks-Markets-Economic Times https://ift.tt/3BkuliI via Urmarketspy

Good News| Depositors of stressed banks, including PMC to get up to Rs 5 lakh back from November 30

The government has notified September 1, 2021 as the date on which the provisions of the Act shall come into force, according to a gazette notification dated August 27, 2021. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/good-news|-depositorsstressed-banks-including-pmc-to-getto-rs-5-lakh-backnovember-30_15496461.html via Urmarketspy

Tennis| Play begins at US Open with fans back in stands

The opening match in Arthur Ashe Stadium was set for noon, with past champion Sloane Stephens facing fellow American Madison Keys in a rematch of their 2017 final. from Moneycontrol Latest News https://www.moneycontrol.com/news/sports/tennis|-play-begins-at-us-openfans-backstands_15496441.html via Urmarketspy

Heed to Lord Krishna and his financial wisdom from Geeta this Janmashtami

His words continue to hold a lot of meaning even now, amidst changing worlds and centuries. And delving into the verses of Bhagavad Gita, often considered to hold the essence of life, it#39;s impossible to overlook the fragments of financial wisdom that put us on the path of monetary well-being. from Moneycontrol Latest News https://ift.tt/3zyGsIO via Urmarketspy

Tesla gets approval for four models from India’s testing agencies

It was not immediately clear which models or variants these were but multiple test cars of Tesla have been spotted regularly on Indian roads. Model 3 and Model Y have been seen testing in India since the past several weeks. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/tesla-gets-approval-for-four-modelsindia’s-testing-agencies_15496401.html via Urmarketspy

Maharashtra logs 3,741 new COVID-19 cases, 52 deaths, 4,696 recoveries

According to the official, among the 52 fatalities from the eight regions, the highest 22 were reported from Pune followed by 14 from the Mumbai region. from Moneycontrol Latest News https://ift.tt/3gMXaMZ via Urmarketspy

DAILY VOICE: Unmesh Kulkarni of Julius Baer India highlight 3 critical factors for stock selection

Any meaningful correction (say, 10% or so) in Indian equities should be bought into, from a medium-to-long-term growth perspective, says Kulkarni. from Moneycontrol Latest News https://ift.tt/3sVe4Ox via Urmarketspy

Afghanistan-Taliban Crisis LIVE Updates: Joe Biden attends grim homecoming for US troops killed in Afghanistan attack

Afghanistan-Taliban Crisis LIVE Updates: Joe Biden, a Democrat, has been criticized by Republicans, who have accused his administration of bungling the Aug. 31 withdrawal of U.S. forces from Afghanistan after a two-decade war in the South Asian nation. from Moneycontrol Latest News https://ift.tt/3jnEwNw via Urmarketspy

Joe Biden attends grim homecoming for US troops killed in Afghanistan attack

Joe Biden, his wife, Jill, Defense Secretary Lloyd Austin and senior military officials stood somberly as U.S. troops carried the cases down the ramp of an Air Force C-17 aircraft at Dover Air Force Base. Crying could be heard and a woman collapsed as the remains were loaded into vans for transport to a facility where they will undergo identification and autopsies. from Moneycontrol Latest News https://ift.tt/3Dm14WO via Urmarketspy

North Korea appears to have restarted nuclear reactor: IAEA

The International Atomic Energy Agency has had no access to North Korea since Pyongyang expelled its inspectors in 2009. The country then pressed ahead with its nuclear weapons programme and soon resumed nuclear testing. Its last nuclear test was in 2017. from Moneycontrol Latest News https://ift.tt/2WunWCC via Urmarketspy