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Showing posts from May, 2021

What should investors do with Aurobindo Pharma post Q4 results: Buy, sell or hold?

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Here is what brokerages have to say about the stock and the company after the March quarter earnings announcement from Moneycontrol Latest News https://ift.tt/3yT8iiH

COVID-19 second wave | Health, job and children#39;s education: What urban Indians are more worried about

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Almost three in four urban Indians say they are worried about the COVID-19 pandemic having negative long-term effects on society. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/covid-19-second-wave-|-health-jobchildren39s-education-what-urban-indiansmore-worried-about_15140101.html

Toyota, Honda temporarily halt production in Malaysia due to COVID-19 lockdown

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Malaysian Prime Minister Muhyiddin Yassin on Friday announced a "total lockdown" from June 1 to 14 in a bid to contain a recent surge in coronavirus infections. from Moneycontrol Latest News https://ift.tt/3vDIRzX

8 passenger trains cancelled from today: Check full list

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The trains cancelled were operated by the Northern and Central Railway zones of Indian Railways. from Moneycontrol Latest News https://ift.tt/3fAe8Oq

Dixon Technologies: Seizing the market opportunity

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The company is eyeing exponential growth in the mobile segment and has recently entered into contractual agreements with Motorola and Nokia for the manufacturing of mobiles under the PLI scheme from Moneycontrol Latest News https://ift.tt/3uCc50D

Sell USDINR; target of: 72.80 - 72.70: ICICI Direct

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ICICI Direct, The rupee depreciated by 17 paisa and ended near 72.61 levels as crude oil prices remained elevated. Positive domestic equities helped the rupee to maintain its positive stance• from Moneycontrol Latest News https://ift.tt/3wKYVjp

#39;Black Day#39; today: Doctors call for protest against Baba Ramdev’s allopathy, vaccine remarks

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As per a release issued by a doctors#39; association, June 1 will be observed as #39;Black Day#39;. from Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/39black-day39-today-doctors-call-for-protest-against-baba-ramdev’s-allopathy-vaccine-remarks_15140021.html

Economic activities curtailed but still comfortably placed compared to lockdown 1.0

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The upcoming Kharif season is going to be crucial for India to bring its economy back on track. from Moneycontrol Latest News https://ift.tt/3vFcil6

ITC to announce Q4 earnings today: Here#39;s what to expect

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FMCG segment is expected to continue to report double digit growth for the quarter given the expected continuity in demand for packaged foods business. from Moneycontrol Latest News https://ift.tt/2S2BJhL

Uttar Pradesh #39;unlock#39; guidelines: What’s allowed, what isn’t

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Like most other states, Uttar Pradesh’s daily COVID-19 cases have also fallen in recent weeks prompting the government to ease restrictions in some districts. from Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/uttar-pradesh-39unlock39-guidelines-what’s-allowedisn’t_15139921.html

Asian stocks at month high ahead of US jobs data, gold rises

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The world’s recovery from the COVID-19 pandemic remains patchy with exports reviving but broader economic activity still dampened by new measures to contain fresh outbreaks. from Moneycontrol Latest News https://ift.tt/2R7o9t0

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

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A round-up of the biggest articles from newspapers from Moneycontrol Latest News https://ift.tt/3yObRXA

COVID-19 aid: Indian-American NGO raises $100,000 for specially abled people in India

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.Los Angeles-based ‘Voice of Specially Abled People’ (VOSAP) said Monday that it has raised close to USD 100,000 to help people with disabilities in India by providing them grocery, PPE kits, among others, during the pandemic. from Moneycontrol Latest News https://ift.tt/2Ty7yQ4

2.21 lakh hectare of crops damaged in Cyclone Yaas in West Bengal, says Mamata Banerjee

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The chief minister said that the state has opened around 1200 relief camps in which 2 lakh odd people have taken shelter following the cyclone which made landfall in neighbouring Odisha on May 26. from Moneycontrol Latest News https://ift.tt/3ySduDB

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

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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-june-1-‘dear-bangalakshmi-torsha’-lottery-winners-to-be-announced-at-4-pm_15139781.html

Top 10 things to know before the market opens

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Trends on SGX Nifty indicate a positive opening for the index in India with a 67 points gain. from Moneycontrol Latest News https://ift.tt/3c97iNP

KKR, CDR nearing deal to buy Cloudera

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The terms of the deal couldn#39;t be learned, the report said, adding that the company has a market value of nearly $4 billion. from Moneycontrol Latest News https://ift.tt/3fA4vzg

Trade Spotlight: What should investors do with PNB Housing, Solar Industries Redington?

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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/3g22HOq

Naomi Osaka withdraws from French Open citing depression

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Osaka said in the build-up to the tournament that she would not attend the obligatory press conferences for players after matches, saying the questioning by journalists stresses her mental health. from Moneycontrol Latest News https://ift.tt/2SMm9qt

DAILY VOICE | Reopening of economy to benefit consumer discretionary, industrials and banking: Vaibhav Sanghavi

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Shorter-term corrections are part and parcel of markets. However, while investing, one should be focussed on how the economy and companies are likely to perform from a longer-term perspective, saif Sanghavi. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-reopeningeconomy-to-benefit-consumer-discretionary-industrialsbanking-vaibhav-sanghavi_15139701.html

Buzzing Stocks: ITC, IRB Infra, Narayana Hrudayalaya and others that will be in focus today

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Check out the companies making the biggest headlines before the bell. from Moneycontrol Latest News https://ift.tt/3c974Gt

Coronavirus News Live Updates: WHO says coronavirus strain first detected in India to be called #39;Delta variant#39;

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Coronavirus News Live Updates: More than 2.02 crore beneficiaries of age group 18-44 Vaccinated so far. More than 25 lakh Vaccine Doses administered till 7 pm on May 31: Health Ministry. from Moneycontrol Latest News https://ift.tt/3wFZP0u

Hot Stocks | TV18 Broadcast, Eveready Industries, Gujarat Gas can give 10-19% returns in short term

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Immediate targets for the Nifty are seen around 16,000-16,100, derived from the channel breakout on the weekly chart. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-tv18-broadcast-eveready-industries-gujarat-gas-can-give-10-19-returnsshort-term_15139661.html

Ajay Devgn buys Rs 60 crore bungalow in Juhu: Report

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The bungalow was previously owned by the late Pushpa Valia. from Moneycontrol Latest News https://ift.tt/3g0vH9x

UP Police arrests 2 men seen dumping COVID-19 patient#39;s body into river in viral video

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Police had registered a case after the video, shot by people driving by the spot, was widely circulated on social media platforms. from Moneycontrol Latest News https://ift.tt/34ySrYI

Here is why long-term investors can buy energy stocks on correction

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There is huge potential for further growth in energy service demand in India due to a growing economy and the forces of urbanisation and industrialisation. from Moneycontrol Latest News https://ift.tt/2R5psbY

Why Indian equity markets ignored the deadly second wave

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For Indian equities, the long-term structural liquidity support is hard to ignore and any correction will therefore be short-lived from Moneycontrol Latest News https://ift.tt/3wMyJVM

DAILY VOICE | Inflation, delay in vaccination, tapering by US Fed key risks for Indian market: Janakiraman R of Franklin Templeton

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With structural improvement in the economic growth and improving quality of earnings growth, market should hopefully mirror the same going forward, says Janakiraman. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-inflation-delayvaccination-tapering-by-us-fed-key-risks-for-indian-market-janakiraman-rfranklin-templeton_15136161.html

SBI revises cash withdrawal limits at non-home branches: All you need to know

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Cash withdrawal for self (using a withdrawal form) along with a Savings Bank passbook has been increased to Rs 25,000 per day. from Moneycontrol Latest News https://ift.tt/3vDoBhR

North accuses US of hostility for South Korean missile decision

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It’s North Korea’s first response to the May 21 summit between the leaders of the United States and South Korea, during which the U.S. ended decades-long restrictions that capped South Korea’s missile development and allowed its ally to develop weapons with unlimited ranges. from Moneycontrol Latest News https://ift.tt/34us5qU

GDP data, monetary policy panel meeting, auto sales to drive market this week: Experts

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As long as 15000 holds, traders can utilize any dip to accumulate long positions for higher targets, says Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments. from Moneycontrol Latest News https://ift.tt/3i6bb9V

Benjamin Netanyahu could lose PM job as rivals attempt to join forces

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The dramatic announcement by Naftali Bennett, leader of the small hardline Yamina party, set the stage for a series of steps that could push Netanyahu and his dominant Likud party into the opposition in the coming week. from Moneycontrol Latest News https://ift.tt/3fyCyYx

Fuel price hike | OMCs raise petrol prices by 28-29 paise, diesel by 26-28 paise on May 31

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Since May 3, fuel prices have cumulatively jumped by Rs 3.83/litre for petrol and Rs 4.42/litre for diesel after a series of consecutives price hikes over the month. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/fuel-price-hike-|-omcs-raise-petrol-prices-by-28-29-paise-diesel-by-26-28-paisemay-31_15136061.html

COVID-19 fight: Ethnic groups from New England pledge to donate $1 million to India

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The New England Asian American Coalition (NEAAC), in a statement, said it pledged to raise USD 1 million to support two non-governmental organisations --Sewa International USA and Ekal Vidyalaya Foundation -- in tackling the pandemic. from Moneycontrol Latest News https://ift.tt/3vCn9ME

Immediate need to rally democracies together against COVID-19: Congressman Raja Krishnamoorthi

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Stating that achieving global herd immunity is the right thing to do out of compassion and morality, the Congressman asserted that he approaches questions of policy as an American and as an elected member of the Democratic Party. from Moneycontrol Latest News https://ift.tt/3vxtF7g

UP govt announced Rs 10 lakh aid for family members of scribes who died due to COVID-19

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On the occasion of #39;Hindi Journalism Day#39;, Adityanath said, "From the freedom movement to the present times, Hindi journalism has had an unprecedented contribution in social awakening and nation-building. My heartfelt greetings to all journalists on Hindi Journalism Day." from Moneycontrol Latest News https://ift.tt/3ySDGhl

Top 10 things to know before the market opens

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Trends on SGX Nifty indicate a negative opening for the index in India with a 44 points loss. from Moneycontrol Latest News https://ift.tt/2RZA1Oj

Buzzing Stocks: Aurobindo Pharma, PNB, Archies and others that will be in focus today

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Check out the companies making the biggest headlines before the bell. from Moneycontrol Latest News https://ift.tt/2SJIoxf

UAE extends suspension on flights from India till June 30

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The ban was initially imposed on April 25, after a surge in COVID-19 cases in India. from Moneycontrol Latest News https://ift.tt/3hZDxmq

Buzzing Stocks: Bob, Aurobindo Pharma, PNB, Divis Labs and others that will be in focus today

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Check out the companies making the biggest headlines before the bell. from Moneycontrol Latest News https://ift.tt/3fVfUZp

Bangladesh extends closure of borders with India amidst surge in COVID cases linked to B.1.617.2 strain

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However, the transportation of goods through the land borders would continue as earlier, the foreign ministry said. from Moneycontrol Latest News https://ift.tt/3fx0hIS

Naomi Osaka fined $15,000 for not speaking at French Open

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The penalty was announced in a joint statement from the president of the French tennis federation, Gilles Moretton, and the heads of the other three Grand Slam tournaments. from Moneycontrol Latest News https://ift.tt/2SFaqu6

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

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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-may-31-‘dear-bangalakshmi-teesta’-lottery-winners-to-be-announced-at-4-pm_15135881.html

Deploy Nifty modified call butterfly spread strategy: Shubham Agarwal

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Considering the positive momentum along with decline in India VIX, upcoming week can be approached with a low-risk strategy like Modified Call Butterfly in Nifty, suggests Shubham Aggarwal from Moneycontrol Latest News https://ift.tt/3yPmz01

Coronavirus News Live Updates: Govt targets to buy 200-250 million vaccine doses by July-end, says report

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Coronavirus News Live Updates: "Lockdown is being extended for 15 days, shall be in place till June 15 now. Depending on the case tally of districts, certain relaxations and restrictions will be enforced." Uddhav Thackeray said. from Moneycontrol Latest News https://ift.tt/3uzgZvl

Hot Stocks | Here#39;s why OMDC and Piramal Enterprises are good short-term bets

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We advise traders not to get complacent and not to get over leveraged. They should follow strict stop losses for existing positions, said Sameet Chavan of Angel Broking from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-here39somdcpiramal-enterprisesgood-short-term-bets_15135821.html

Delhivery raises $277.4 million in pre-IPO round, Fidelity biggest investor

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An amount of $126 million was invested by Fidelity, followed by $75.6 million added by Gamnat Pte Ltd, $50 million by Chimera Investments and $25 million was put in by Pacific Horizon Trust, a report claimed. from Moneycontrol Latest News https://ift.tt/3wOarL1

Labour Ministry announces new measures to support COVID victims#39; dependents

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The amount of maximum insurance benefit under EDLI has been increased from Rs 6 lakh to Rs 7 lakh and the provision for minimum insurance benefit of Rs 2.5 lakh has been restored and will apply retrospectively from February 15, 2020, for the next three years. from Moneycontrol Latest News https://ift.tt/3i0vcPn

Monsoon arrival to be delayed by 2 days, onset over Kerala likely on June 3: IMD

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June 1 is considered as the normal onset date for monsoon over Kerala, marking the start of the four-month rainfall season for the country. According to the IMD, the onset would be marginally delayed this year. from Moneycontrol Latest News https://ift.tt/3p4r95X

COVID-19 update | BMC releases list of Covaxin, Covishield vaccination centres for May 31

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All the state, private as well as Municipal Corporation of Greater Mumbai centres are open, and there are 284 COVID-19 vaccination centres that will remain open tomorrow, as per the BMC list. from Moneycontrol Latest News https://www.moneycontrol.com/news/health/covid-19-update-|-bmc-releases-listcovaxin-covishield-vaccination-centres-for-may-31_15135741.html