Wednesday 31 March 2021

West Bengal Election 2021 | Mamata Banerjee will lose, claims Suvendu Adhikari after casting vote

West Bengal Election 2021 | Mamata Banerjee will lose, claims Suvendu Adhikari after casting vote West Bengal Election 2021 | Speaking to reporters, he said that he was confident that Chief Minister Mamata Banerjee, who is contesting the elections against him from the Nandigram seat, will lose the polls.

from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/west-bengal-election-2021-|-mamata-banerjee-will-lose-claims-suvendu-adhikari-after-casting-vote_14977101.html

US exporters continue to encounter significant barriers in India: Report

US exporters continue to encounter significant barriers in India: Report In its annual 2021 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) said on Wednesday that while the Indian government pursued ongoing economic reform efforts, it also continued to promote programmes like #39;#39;Make in India#39;#39; that favour domestic production over importation.

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SBI, JBIC ink $1 b pact to refinance loans to Japan’s auto cos in India

The loan is in the form of refinancing against the funding support provided to the manufacturers, suppliers and dealers of Japanese automobiles in India, whose business activities are recovering from reduced sales due to Covid-19.

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Billionaire John Malone gets $353 million boost after Archegos-fueled drop

Discovery Inc.’s class B shares soared in the aftermath of the stock selloff by Archegos Capital Management.

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Govt slashes rates on small savings by up to 110 basis pts

The government has slashed interest rates on small savings schemes, such as post office deposits and public provident fund, by up to 110 basis points, dealing a fresh blow to savers seeking safety.

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Stocks in the news: NIIT, RIL, UCO Bank, Adani Enterprises, BPCL, Axis Bank and Vedanta

The government has cut price of natural gas by 11 per cent to $3.62 per mmBtu for difficult fields like the one operated by Reliance-BP.

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Sensex up 68% in FY21, highest rise in 10 years

A global pandemic notwithstanding, Dalal Street set several records during the financial year that ended on March 31, including a record rally beyond 52,500 points for the sensex, market capitalisation that neared the $3 trillion mark and a record amount of net foreign fund inflow at almost Rs 2.

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Tech lifts SP 500, Nasdaq; indexes post gains for quarter

Tech lifts SP 500, Nasdaq; indexes post gains for quarter Bets on a strong economic rebound supported Wall Street during the quarter even as jitters cropped up over GameStop and a retail trading frenzy, a spike in Treasury yields and a U.S. hedge fund going bust.

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Government withdraws small savings scheme rate cut

Government withdraws small savings scheme rate cut The finance minister added that orders issued by oversight shall be withdrawn.

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Assembly Election 2021 | PM Narendra Modi urges people to vote in large numbers

Assembly Election 2021 | PM Narendra Modi urges people to vote in large numbers Assembly Election 2021 | Polling began at 7 am for 30 constituencies, including the high-profile Nandigram seat, in West Bengal and 39 seats in Assam amid tight security, officials said.

from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/assembly-election-2021-|-pm-narendra-modi-urges-people-to-votelarge-numbers_14977001.html

Kerala lottery Result: #39;Karunya Plus KN-362#39; lottery winners to be announced today at 3 pm

Kerala lottery Result: #39;Karunya Plus KN-362#39; lottery winners to be announced today at 3 pm Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Karunya Plus KN-362#39; will take home Rs 80 lakh. The second prize winner will get Rs 10 lakh and the third prize winner will get Rs 1 lakh. The winner of the consolation prize will get Rs 8,000.

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Assembly Election 2021 LIVE Updates: Polling begins in second phase of Assam and West Bengal

Assembly Election 2021 LIVE Updates: Polling begins in second phase of Assam and West Bengal Assembly Election 2021 LIVE Updates: The second phase of voting in Assam and West Bengal is underway. Catch latest updates of the polling in the two states

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Assembly Election 2021 | Mamata Banerjee vs Suvendu Adhikari in Nandigram: Voting for second phase underway in Assam, West Bengal

Assembly Election 2021 | Mamata Banerjee vs Suvendu Adhikari in Nandigram: Voting for second phase underway in Assam, West Bengal All eyes will, however, be on battleground Nandigram that is going to the polls today with chief minister Mamata Banerjee engaged in a fierce contest with her protege-turned-rival Suvendu Adhikari of the BJP.

from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/assembly-election-2021-|-mamata-banerjee-vs-suvendu-adhikarinandigram-voting-for-second-phase-underwayassam-west-bengal_14976881.html

Asian shares set to edge up, after Wall Street tech rally

Asian shares set to edge up, after Wall Street tech rally The dollar, meanwhile, hit a one-year high against the yen and multi-month peaks with other currencies as investors bet U.S. fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery.

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Ford to update financial impact of global chip shortage next month

Ford to update financial impact of global chip shortage next month The U.S. automaker previously said its operating profit this year would be reduced by $1 billion to $2.5 billion. The update to that forecast will be provided when Ford reports first-quarter results on April 28.

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Top 15 things to know before the market opens

Top 15 things to know before the market opens Trends on SGX Nifty indicate a gap-up opening for the index in India with a 114 points gain.

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Emmanuel Macron orders COVID-19 lockdown across all of France, closes schools

Emmanuel Macron orders COVID-19 lockdown across all of France, closes schools With the death toll nearing 100,000, intensive care units in the hardest-hit regions at breaking point and a slower-than-planned vaccine rollout, Macron was forced to abandon his goal of keeping the country open to protect the economy.

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Coronavirus News Live Updates: Maharashtra govt slashes RT-PCR test rates

Coronavirus News Live Updates: Maharashtra govt slashes RT-PCR test rates Coronavirus News Live Updates: Today is the 373rd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.

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HDFC raises FD rates upto 25 bps

From March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributors said this is the first time after October 2018 that HDFC Ltd has raised deposit rates.

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India’s current account ends in deficit in Q3 as demand rises

The critical measure of a country's external strength now stands at a surplus of 1.7 per cent of GDP for the first nine months of the fiscal year as against a deficit of 1.2 per cent in the year-ago period

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Buzzing Stocks | Indian Overseas Bank, Sunteck Realty and others that will be in focus today

Buzzing Stocks | Indian Overseas Bank, Sunteck Realty and others that will be in focus today Check out the companies making the biggest headlines before the bell.

from Moneycontrol Latest News https://www.moneycontrol.com/news/buzzing-stocks/buzzing-stocks-|-indian-overseas-bank-sunteck-realtyothers-that-will-befocus-today_14976781.html

West Bengal Election 2021 | Polling begins for 30 seats in second phase of Bengal elections, all eyes on Nandigram

West Bengal Election 2021 | Polling begins for 30 seats in second phase of Bengal elections, all eyes on Nandigram Voting is underway with strict adherence to COVID-19 protocols in nine seats each in Purba and Paschim Medinipur districts, eight in Bankura and four in South 24 Parganas.

from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/west-bengal-election-2021-|-polling-begins-for-30-seatssecond-phasebengal-elections-all-eyesnandigram_14976801.html

Hot Stocks | ICICI Prudential, HPCL, Kotak Mahindra Bank three trading ideas for short term

Rohan Patil Looking at the technical setup, Nifty is expected to remain volatile for the next few trading sessions with a sideways to a bearish trading pattern. Support for the Nifty is placed near 14,400 and resistance is near 14,950

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-icici-prudential-hpcl-kotak-mahindra-bank-three-trading-ideas-for-short-term_14976761.html

Tuesday 30 March 2021

Payment companies face tighter RBI norms

To submit compliance certificates twice a year, confirming adherence to data storage norms

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Honda recalls 761,000 vehicles worldwide to replace fuel pumps

Honda recalls 761,000 vehicles worldwide to replace fuel pumps The recall includes 628,000 U.S. vehicles and covers various 2018-2020 model year Acura and Honda vehicles. Honda has received no reports of crashes or injuries related to the issue.

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Grofers to cover COVID-19 vaccination cost for employees, families, contractual staff

Grofers to cover COVID-19 vaccination cost for employees, families, contractual staff Grofers will cover the vaccination cost for its employees, their family members (including, parents, spouse, and two children) and the company#39;#39;s contractual workforce, a statement said.

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PAN card will become inoperative, if you don#39;t link it with Aadhaar before April 1; Here#39;s how to link

PAN card will become inoperative, if you don#39;t link it with Aadhaar before April 1; Here#39;s how to link The last date to link the documents is March 31, 2021 unless the government extends the deadline again. After the deadline ends, all the PAN cards which are not linked to Aadhaar would be useless and declared "inoperative". You will not be able to do any financial transaction if your PAN is not linked to your Aadhaar.

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Close to 3 million people in India acquired digital skills during COVID-19: Microsoft

Close to 3 million people in India acquired digital skills during COVID-19: Microsoft Microsoft Corp is also extending its commitment to help 250,000 companies globally make a skills-based hire in 2021, a statement said.

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Analysis | Infosys gains at least 10% in a couple of weeks leading to result day in last 4 quarters

Analysis | Infosys gains at least 10% in a couple of weeks leading to result day in last 4 quarters Data suggest 10 out of the last 12 quarters, Infosys has given positive returns in the 15-day period leading up to the result day.

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-to-watch/analysis-|-infosys-gains-at-least-10a-coupleweeks-leading-to-result-daylast-4-quarters_14974441.html

Wall Street dips, with technology the biggest drag

Wall Street dips, with technology the biggest drag At the same time, the SP 500 financials, industrials and consumer discretionary sectors rose, extending the recent rotation out of growth and into so-called value names.

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COVID-19 crisis demonstrated that rise of India is good for world: Harsh Vardhan Shringla

COVID-19 crisis demonstrated that rise of India is good for world: Harsh Vardhan Shringla In an address at the Ananta Aspen Centre, Shringla also said that the coronavirus crisis has demonstrated that the rise of India as a "self-reliant" partner is good for the world.

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Only global factors, not Indian economy, can drag Nifty below 13,000, says Raghvendra Nath of Ladderup Wealth Management

Raghvendra Nath The March quarter numbers are expected to be strong and there is a general expectation that the next two years should see strong earnings growth from Indian companies, says Nath.

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Joe Biden expected to end Donald Trump ban on temporary foreign workers

Joe Biden expected to end Donald Trump ban on temporary foreign workers The Democratic president has rolled back many of former President Donald Trump#39;s immigration policies since taking office on Jan. 20 including last month revoking a proclamation that had blocked many applicants for permanent residency - known as a green card - from entering the United States.

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Buzzing Stocks | UltraTech Cement, TCS and others that will be in focus today

Buzzing Stocks | UltraTech Cement, TCS and others that will be in focus today Check out the companies making the biggest headlines before the bell

from Moneycontrol Latest News https://www.moneycontrol.com/news/buzzing-stocks/buzzing-stocks-|-ultratech-cement-tcsothers-that-will-befocus-today_14974361.html

Top 11 things to know before the market opens

Top 11 things to know before the market opens Trends on SGX Nifty indicate a flat opening for the index in India with a 2 points loss.

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Oil rises on expectations OPEC will maintain supply discipline

Oil rises on expectations OPEC will maintain supply discipline Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel at 0202 GMT, after falling 1.3% on Tuesday.

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Kerala Lottery Result: #39;Akshaya AK-491#39; lottery winners to be announced today at 3 pm

Kerala Lottery Result: #39;Akshaya AK-491#39; lottery winners to be announced today at 3 pm Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Akshaya AK-491#39; will take home Rs 70 lakh

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Lottery Sambad Result March 31: #39;Dear Bangalakshmi Raidak#39; winners to be announced at 4 pm

Lottery Sambad Result March 31: #39;Dear Bangalakshmi Raidak#39; winners to be announced at 4 pm Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Raidak#39; lottery will take home Rs 50 lakh

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Asian stocks poised for first monthly loss since October on bond rout

Asian stocks poised for first monthly loss since October on bond rout MSCI#39;s broadest index of Asia-Pacific shares outside of Japan climbed for a fourth consecutive day to a one-week high of 682.36 points. The index, last up 0.4%, was still a fair distance away from an all-time peak of 745.89 touched just last month.

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Key indicator hints at midcaps’ strength

The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Historically since the advent of Nifty Midcap 100 in January 2001, the index has seen a golden crossover on weekly charts only on two instances. The first time was in January 2010 and the second time in May 2014.

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‘Covid surge may increase risks for banks’

​​The brokerage has highlighted risks emerging for AU Small Finance Bank and RBL Bank which have a high proportion of loans to small enterprises and micro finance.

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Coronavirus News Live Updates: Mumbai sees 4,758 COVID-19 cases; doubling rate now 50 days

Coronavirus News Live Updates: Mumbai sees 4,758 COVID-19 cases; doubling rate now 50 days Coronavirus News Live Updates: Today is the 372nd day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.

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Trade Spotlight: What should investors do with Tata Steel, JSW Steel Blue Dart?

Mazhar Mohammad Tata Steel rose over 4 percent, JSW Steel and Blue Dart rallied more than 5 percent each on March 30 to hit a fresh 52-week high. Read expert recommendations on how to trade these stocks today.

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Assembly Elections 2021 LIVE Updates | Congress taking AIUDF#39;s support to stay politically alive in Assam: BJP’s Smriti Irani

Assembly Elections 2021 LIVE Updates | Congress taking AIUDF#39;s support to stay politically alive in Assam: BJP’s Smriti Irani Assembly Elections 2021 LIVE Updates: The second phase of voting will happen tomorrow. Catch latest updates of the poll campaign in all four states and the Union Territory

from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/assembly-elections-2021-live-updates-|-congress-taking-aiudf39s-support-to-stay-politically-aliveassam-bjp’s-smriti-irani_14974201.html

DAILY VOICE | China Plus One, manufacturing emerging as megatrends in India, says Tanushree Banerjee of Equitymaster

DAILY VOICE | China Plus One, manufacturing emerging as megatrends in India, says Tanushree Banerjee of Equitymaster Despite the possibility of better earnings in the next fiscal, a sharp and unexpected up move in US interest rates can suck liquidity out from Indian markets and cause valuations to crash, says Banerjee.

from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-china-plus-one-manufacturing-emerging-as-megatrendsindia-says-tanushree-banerjeeequitymaster_14974181.html

Hot Stocks | Ramco Cements, Berger Paints, Marico can give up to 12% return in short term

Shitij Gandhi Now, 15,000 Call strike holds the maximum open interest of nearly 43 lakh shares which should act as an immediate strong hurdle for the Nifty.

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-ramco-cements-berger-paints-marico-can-giveto-12-returnshort-term_14974161.html

Monday 29 March 2021

Asia shares mixed as broader worries about US hedge fund default ease

Asia shares mixed as broader worries about US hedge fund default ease In Asia, the MSCI’s broadest index of Asia-Pacific shares outside Japan was marginally higher by 0.08% in early in the session Tuesday.

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Private equity firms invest $315 million into Firstcry: Report

Private equity firms invest $315 million into Firstcry: Report Firstcry, which is backed by SoftBank, will reportedly aim to make a stock market debut in 18-24 months

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Suryoday’s poor listing isn’t a surprise, but is it worth at this price?

Suryoday’s poor listing isn’t a surprise, but is it worth at this price? The near-term weakness is an opportunity to gradually add Suryoday for the long term

from Moneycontrol Latest News https://www.moneycontrol.com/news/business/suryoday’s-poor-listing-isn’tsurpriseis-it-worth-at-this-price_14972401.html

Kerala Lottery Result: #39;Sthree Sakthi SS-254#39; winners to be announced today at 3 pm

Kerala Lottery Result: #39;Sthree Sakthi SS-254#39; winners to be announced today at 3 pm Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Sthree Sakthi SS-253#39; will take home Rs 75 lakh

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