Archive for January, 2021
01/26/2021
By Tapan Patel Commodity prices traded lower with most of the commodities in non-agro segment witnessed selling except Crude oil. Bullion prices traded lower on a stronger dollar and FED tapering expectations. Base metals traded down on weak China cues amid real estate crisis and lower demand. Crude oil prices extended weekly gains on higher
01/26/2021
GPT Healthcare, which runs the chain of ILS Hospitals, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale. The initial public offering (IPO) comprises fresh issuance of equity shares worth Rs 17.5 crore and an offer of sale (OFS) of up to 2.98 crore equity shares by a
01/26/2021
By Whether it is in a pandemic breakout or in a stock market recovery, 2020 refuses to play to the script. If one looks at the past down-cycles, they have always played out as per good old script. That is, in a down-cycle, the economy goes through a huge deleveraging cycle with far-reaching impacts on
01/26/2021
Bloomberg: Home prices in 20 U.S. cities gained in July, pushed higher by demand for housing that has been fueled by low mortgage rates. The SP CoreLogic Case-Shiller index of property values increased 3.9% from 2019, beating the estimate of 3.6%. It was the biggest year-over-year increase since December 2018. The housing market has been
01/26/2021
Sensex and Nifty are in the firm grip of bears after having fallen nearly 3.8% each since the middle of November. SGX Nifty was hinting at a continuation of weakness today. Chartists too believe there is more weakness ahead and advise against long bets. Having declined sharply from the highs, the minor pullback rally from
01/26/2021
The hardest hit during the nearly two years of the coronavirus pandemic have been the elderly population, both in India and abroad. Companies preferred young recruits to older adults and care homes gave disturbing news during the height of the health emergency. Many countries even considered it prudent to save the life of a younger
01/26/2021
Both parties have decided not to proceed with the proposed transaction. This comes as a disappointment with crude at $80 and Aramco The cancellation has no bearing on RIL We lower O2C valn to $70 bn and cut PT by 4% to Rs 2,880. Maintain Buy. RIL and Aramco call off O2C deal: RIL and
01/26/2021
Delhi on Saturday recorded a minimum temperature of six degrees Celsius, the lowest this season so far, according to the India Meteorological Department. The maximum temperature is likely to settle around 20 degrees Celsius and shallow fog has been predicted during the day, it said. The minimum temperature was two notches below the seasons average,
01/26/2021
By Rajesh Palviya Nifty closed at 17369 with a gain of 16 points. On the daily chart index has formed a bullish candle however it remained restricted within the previous sessions High-Low range indicating the absence of strength on either side. The index is moving in a Higher Top and Higher Bottom formation on the
01/19/2021
The national capital recorded its lowest temperature of the season at 8.3 degrees Celsius on Saturday morning, one notch below the average, the India Meteorological Department (IMD) said. The air quality remained (AQI) in the city at 8 am stood at 302, which falls in the very poor category. Neighbouring Faridabad (266), Ghaziabad (262), Greater
