Sunday 31 January 2021

Agriculture Minister not giving correct facts on farm bills, Sharad Pawar counters Narendra Singh Tomar

Agriculture Minister not giving correct facts on farm bills, Sharad Pawar counters Narendra Singh Tomar In a series of late night tweets in Hindi, Pawar said, "@nstomar ji is not bringing out correct facts before people. He has been assuring that the new laws will not affect the mandis but farmers unions are of opinion that the provisions under law favour rival companies."

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Budget 2021 Stocks in the news | Shree Cement, ICICI Bank, Tata Motors, Tech Mahindra, Cipla, DLF

Budget 2021 Stocks in the news | Shree Cement, ICICI Bank, Tata Motors, Tech Mahindra, Cipla, DLF Titan Company, IndusInd Bank, Vedanta, Bajaj Healthcare, Jaiprakash Associates, EIH, JK Lakshmi Cement, Sundaram-Clayton, Mahindra Logistics, Rupa Company, Dr Lal PathLabs are also among the stocks in focus today.

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/budget-2021-stocksthe-news-|-shree-cement-icici-bank-tata-motors-tech-mahindra-cipla-dlf_14730641.html

Union Budget 2021 | How coronavirus pandemic set the new normal for this day

Union Budget 2021 | How coronavirus pandemic set the new normal for this day The Union Budget 2021 is being keenly watched for the measure Finance Minister Nirmala Sitharaman will take to shore up the economy hit hard by the coronavirus outbreak.

from Moneycontrol Latest News https://www.moneycontrol.com/news/economy/union-budget-2021-|-how-coronavirus-pandemic-setnew-normal-for-this-day_14730621.html

Local train services in Mumbai to resume for all commuters from today: Check all the details

Local train services in Mumbai to resume for all commuters from today: Check all the details Union Railways Minister Piyush Goyal said on Twitter. "My dear Mumbai citizens, for the convenience of all of you, the Mumbai local train will be started from February 1."

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Explained: Crisis in Myanmar after army alleges election fraud

Explained: Crisis in Myanmar after army alleges election fraud The move came after Myanmar#39;s powerful military triggered worry about a coup last week after threatening to "take action" over alleged fraud in a November election won by Suu Kyi#39;s National League for Democracy (NLD).

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Events in troubled Myanmar since Aung Suu Kyi#39;s NLD party came to power

Events in troubled Myanmar since Aung Suu Kyi#39;s NLD party came to power Here is a timeline of some key events in Myanmar#39;s recent turbulent history.

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Union Budget to play vital role in deciding market direction, say experts

Union Budget to play vital role in deciding market direction, say experts The market is likely to remain highly volatile amid Union Budget and the ongoing earning season, say experts. If the Budget fails to meet expectations, which are running high, markets can slide further.

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Farmers#39; Protest LIVE Updates | Farmer leaders say #39;respectful solution#39; should be found, won#39;t succumb to pressure

Farmers#39; Protest LIVE Updates | Farmer leaders say #39;respectful solution#39; should be found, won#39;t succumb to pressure Farmers#39; Protest LIVE Updates: Despite an increasing number of barricades, thousands of farmers have been converging at Ghazipur on the Delhi-Uttar Pradesh border following a tearful Bharatiya Kisan Union leader Rakesh Tikait#39;s impassioned appeal to protesters to bolster the stir.

from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/farmers39-protest-live-updates-|-farmer-leaders-say-39respectful-solution39-should-be-found-won39t-succumb-to-pressure_14730541.html

Asia shares slip for 5th session, silver gets retail boost

Asia shares slip for 5th session, silver gets retail boost MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4%, following four straight sessions of losses. Japan’s Nikkei bounced 0.4%, after shedding almost 2% on Friday.

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Kerala Lottery Result: ‘Winwin W-601’ lottery winners to be announced today at 3 pm

Kerala Lottery Result: ‘Winwin W-601’ lottery winners to be announced today at 3 pm Kerala Lottery Result: The first prize winner of #39;Winwin W-601#39; will take home Rs 75 lakh. The second prize winner will get Rs 5 lakh and the third prize Rs 1 lakh.

from Moneycontrol Latest News https://www.moneycontrol.com/news/business/kerala-lottery-result-‘winwin-w-601’-lottery-winners-to-be-announced-today-at-3-pm_14730501.html

Coronavirus News LIVE Updates: Karnataka logs 522 fresh COVID-19 cases; 4 more die

Coronavirus News LIVE Updates: Karnataka logs 522 fresh COVID-19 cases; 4 more die Coronavirus News LIVE Updates: Over 37 lakh beneficiaries have been vaccinated against COVID-19 in the country till now

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Lottery Sambad Result February 1: #39;Dear Bangalakshmi Teesta#39; lottery winners to be announced at 4 pm

Lottery Sambad Result February 1: #39;Dear Bangalakshmi Teesta#39; lottery winners to be announced at 4 pm Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Teesta#39; lottery will take home Rs 50 lakh. The second prize is Rs 9,000.

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Weak sentiment at high level advocates hedge in Nifty via Modified Put Butterfly: Shubham Agarwal

Shubham Agarwal Rise in India VIX also has raised caution. Thus, deterioration in futures landscape and sentimental indicators at this height advocates a hedge in Nifty via Modified Put Butterfly

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Over 5,100 arrested at pro-Navalny protests across Russia

Over 5,100 arrested at pro-Navalny protests across Russia Despite threats of jail terms, warnings to social media groups and tight police cordons, the protests again engulfed cities across Russia#39;s 11 time zones on January 31

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What changed for the market while you were sleeping? Top 10 things to know

What changed for the market while you were sleeping? Top 10 things to know Trends on SGX Nifty indicate a negative opening for the index in India with a 41-point loss.

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Budget 2021: The biggest income tax changes made by Modi government in past Budgets

Budget 2021: The biggest income tax changes made by Modi government in past Budgets Budget 2021-22: Here are the most significant income tax changes made in Union Budgets presented by the Narendra Modi government.

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COVID-19 Vaccine | AstraZeneca to supply 9 million more vaccine doses to European Union

COVID-19 Vaccine | AstraZeneca to supply 9 million more vaccine doses to European Union European Commission President Ursula von der Leyen said after a call with seven vaccine makers Sunday that AstraZeneca will also begin deliveries one week sooner than scheduled and expand its manufacturing capacity in Europe

from Moneycontrol Latest News https://www.moneycontrol.com/news/health/covid-19-vaccine-|-astrazeneca-to-supply-9-million-more-vaccine-doses-to-european-union_14730361.html

Hot Stocks | Bandhan Bank and Infosys are two trading ideas for the Budget month

Sameet Chavan Nifty is possibly headed towards the strong support zone of 20-week EMA and 89-day EMA of 13,200 – 13,000.

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-bandhan-bankinfosystwo-trading-ideas-forbudget-month_14730341.html

Union Budget 2021 LIVE Updates: Finance Minister Nirmala Sitharaman to present Union Budget today

Union Budget 2021 LIVE Updates: Finance Minister Nirmala Sitharaman to present Union Budget today Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman is set to present the Union Budget today. It assumes greater significance amid economic disruption caused by the pandemic

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Military coup in Myanmar, Aung San Suu Kyi detained: Reports

Military coup in Myanmar, Aung San Suu Kyi detained: Reports All communications to Myanmar#39;s capital Naypyitaw appeared to have been cut and State Counsellor Aung San Suu Kyi#39;s National League for Democracy party could not be reached.

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Exxon, Chevron CEOs discussed merger in early 2020

Exxon, Chevron CEOs discussed merger in early 2020 The talks between Exxon Chief Executive Darren Woods and Chevron CEO Mike Wirth were serious enough for legal documents involving certain aspects of the merger discussions to be drafted, a source told Reuters

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman set to present Union Budget today

Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman set to present Union Budget today Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today. It assumes greater significance amid economic disruption caused by the pandemic

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Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman to present Union Budget today

Union Budget 2021 LIVE Updates: FM Nirmala Sitharaman to present Union Budget today Budget 2021 LIVE News Updates: Finance Minister Nirmala Sitharaman will present the Union Budget today. It assumes greater significance amid economic disruption caused by the pandemic

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Trade Setup: Wait for directional call to be clear before taking positions on Budget day

Analyzing the market in a mechanical manner ahead of the Budget would be meaningless as technical levels tends to get defied.

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Govt may give Cairn oil field instead of paying $1.4 billion

For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limited and it may not have the financial bandwidth for such a payout.

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Ahead of Market: 12 things that will decide stock action on Monday

Options data suggested a wider trading range between 13,200 and 14,000/14,200 levels ahead of the Budget.

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Long & Short of Markets: Will Sensex history repeat itself this Budget?

History shows that Budget means volatility on Dalal Street.

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Government mops up Rs 19,499 crore from CPSE disinvestment, buyback so far in FY21

FM Nirmala Sitharaman had in her budget for 2020-21 set a target of raising Rs 2.1 lakh crore from privatisation, sale of minority stakes in state-owned companies and share buyback by CPSEs. While Rs 1.20 lakh crore was to come from stake sale in CPSEs, Rs 90,000 crore was to be mopped up from share sale in financial institutions.

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What happens next in the GameStop showdown?: Mohamed A. El-Erian

As GameStop short squeeze plays out, who will surrender first?

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Shriram Transport Fin may look at raising $250 mn via social bonds in Q4

As part of its $3 billion global medium term note programme, the deposit taking NBFC had raised $500 million at a coupon rate of 4.4 per cent.

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RBI likely to maintain status quo on interest rate, say experts

The six-member MPC headed by RBI Governor is scheduled to meet for three days starting February 3. The resolution meeting would be announced on February 5.

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Day trading guide for Monday

Weakness may be seen towards 13500 and 13300 levels while on the upside, immediate hurdle exists at 13,800 and 14,000 levels.

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Tweet Buster: Investing lessons from cricket; Ian Cassel-style microcap ideas

Kochi-based ace investor Porinju Veliyath said the valuation gap between big stocks, that are chased by funds, and good stocks, thrown away by funds, is too big to ignore.

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The week that was: RIL’s worst since March, IIFL Finance’s best since 2014

The selling was driven by foreign portfolio investors, who on Friday alone net sold local stocks worth Rs. 5,930 crore – the highest single-day selling since March.

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FPIs net buyers at Rs 14,649 cr in January

According to FPI statistics available with depositories, overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29.

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ETMarkets Investors' Guide: How should you position yourself for Budget Day?



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Dogecoin plunges after rally, sparking outcry on Reddit

The digital coin is down 46% in the last 24 hours and was at $0.02582 as of 4:35 p.m. in New York on Saturday, according to CoinMarketCap data.

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Saturday 30 January 2021

A Reddit Army descends on hedge funds chained by risk models

Just why were the institutional pros forced to downsize their market exposures at the fastest pace since pandemic-spurred March rout?

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Howard Marks calls GameStop episode ‘mob behaviour’, sees no systemic risk

Shares of GameStop have become the hottest topic in global financial markets after some retail traders, part of a Reddit group called ‘WallStreetBets’, organised a concerted buying that triggered a large-scale short squeeze.

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Fed's Kaplan: We are 'not anywhere close' to QE taper

Before reducing the pace of those purchases, Kaplan said, he would want to see “evidence that we’ve weathered the pandemic,” including a decline in Covid-19 cases and hospitalisations.

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Nine of 10 most valued firms take over Rs 3.96 lakh cr hit in m-cap; RIL biggest loser

Only ICICI Bank managed to witness addition in its market valuation the holiday-truncated last week. Its valuation rose by Rs 2,397.43 crore to Rs 3,70,773.35 crore.

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GameStop's 'Reddit rally' puts scrutiny on social media forums

Critics have emerged, accusing social media users of manipulating markets unlawfully by pumping shares of weak companies.

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Billionaire Steve Cohen quits Twitter, citing threats in GameStop uproar

The small investors, connected on social media, mobilized to take on institutional short sellers of GameStop and other shares, sparking a short squeeze that sent those stock prices surging.

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Sensex's rough ride may continue after Budget, shows history

History shows the recent rough ride for Indian stocks will continue after Monday’s Budget.

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India not easy place to invest, but has great upside potential, says Carlyle’s Rubenstein

Rubenstein said the lack of competition in the private equity space in India makes the country more attractive.

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Budget 2021, RBI policy among key factors that may move market this week

The Union Budget and its announcement will remain the biggest focus point for the market as investors hope that the government will deliver a pro-cyclical stimulus to further strengthen the ongoing economic recovery.

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Friday 29 January 2021

Future Group on firm legal footing, says Kishore Biyani

"For reasons we never believed earlier but quite evident today, this battle is about ownership of the Indian customer at any cost. The stated and evident policy of vexatious litigation and harassment makes one wonder about the similarity in ruthless ambition to scorch the earth akin to the Greek Alexander - after all, they are inspired to name their product as Alexa," he wrote adding that Alexander conquered large parts of the world but failed in India.

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European Union tightens COVID-19 vaccine export rules, creates post-Brexit outcry

European Union tightens COVID-19 vaccine export rules, creates post-Brexit outcry Under the post-Brexit deal, EU products should still be able to travel unhindered from the bloc to Northern Ireland.

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SBI Life and Escorts among top 5 Budget picks: Kotak Securities  

Shrikant Chouhan The level of 13,700 is significant in terms of Fibonacci retracement support and a level of 50-Days SMA. A relief rally is more likely in the near term.

from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/sbi-lifeescorts-among-top-5-budget-picks-kotak-securities- _14728381.html

Everything’s a joke until it’s not

Everything’s a joke until it’s not Reddit communities grow powerful in plain sight. Why do they keep taking the world by surprise?

from Moneycontrol Latest News https://www.moneycontrol.com/news/business/everything’sjoke-until-it’s-not_14728361.html