Tag: Moneycontrol.com

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The momentum in the equity market continued for the second consecutive week ended May 7, though it was a volatile and range-bound week. Overall the market has been in a range for three consecutive months and there has been no directional move in the market. “Though we have not seen any major impact of the […]

Criticism against the central government for not able to curb the second wave along with the conduct of heavy election rallies were the major points. This is expected to further decline in May and June while the big picture is that Q1FY22 will be the worst, and would improve on a QoQ basis from Q2FY22 onwards. […]

It has a strong presence in the fan and residential pump category with a market share of 24% and 28%, respectively. The company has a very strong relationship with its MNC clients including Unilever, P&G, Henkel, Colgate-Palmolive. On the asset quality front, non-performing assets have remained steady for the bank over the past few years. […]

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In this sort of scenario, it’s natural that economic activity will reduce sharply, availability of labour would be limited, disruption of the supply chain would be a reality. I will surely be reducing the earnings estimates for FY22, however would wait for the rest of the earnings for Q4 FY21 to be declared. After a […]

According to pivot charts, the key support levels for the Nifty are placed at 14,642.9, followed by 14,561. The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while vaccine makers dipped after U.S. The Indian pharma industry welcomed the decision by the US government […]

Now, it has to hold above 14,750 to witness an upmove towards 15,000 -15,050 while on the downside support exists at 14,700 and 14,600 zones,” said Chandan Taparia of Motilal Oswal. A break below 73.50 will push the spot to 73.25-73.00, while a reversal may push USDINR spot towards the crucial resistance of 74.25,” said Rahul […]

Holidays in Japan, China and South Korea limited the early reaction, leaving MSCI’s broadest index of Asia-Pacific shares outside Japan dithering either side of flat. The Department of Telecommunications to conduct trials for use and applications of 5G technology for a period of six months. …Read the full story

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The ISM’s index of national factory activity fell to a reading of 60.7 last month after surging to 64.7 in March, which was the highest level since December 1983. The U.S. …Read the full story

On the options front, the maximum Put OI is seen at 14000 followed by 13500 strikes while maximum Call OI is seen at 15000 followed by 15500 strike. The U.S. The Reserve Bank of India on May 3 imposed a monetary penalty of Rs 3 crore on ICICI Bank for certain rule violations. Chemplast Sanmar […]

The Indian market has been volatile lately, but it managed to close flat with negative bias for the month of April. “The rollover has been very low this time in both Nifty and Bank Nifty and also the open interest in both is not significant. “We hope that things start to settle by the middle […]

The market manages to hold above the Nifty 50 Index support zone of 14500. The numbers gained traction from external demand as domestic demand was hit due to the pandemic and manufacturers loaded up on inventories expecting a robust year ahead,” said JM Financial. Accordingly, the company said it has decided to prepone the scheduled […]

“As such state elections do not have any impact on stocks. “The mood and mind space is entirely on COVID and with every passing day, it is becoming more and more apparent that the second wave will impact corporate profits and investor sentiment. The gross Goods and Services Tax   revenue collection for April, 2021 […]