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Showing posts from June, 2021

MORNING UPDATE JULY 1ST 2021

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 MORNING UPDATE JULY 1ST 2021  HAVE YOUR TEA AND GET UPDATED ON THE MARKET NEWS OPEN YOUR DEMAT ACCOUNT USING THE LINK:   https://bv7np.app.goo.gl/nNRb13x8ujx3ekQb6 BUY YOUR FIRST CRYPTO BY USING THE LINK:     https://coinswitch.co/in/refer?tag=N8JC Indices at previous closing Nifty50:  15,721  ▼ -26 (-0.1%) Sensex:  52,482  ▼ -66 (-0.1%) Nifty Bank:  34,772  ▼-238 (-0.6%)   In the news Vodafone Idea’s loss widens The cash-strapped telecom operator’s loss widened to  ₹7,022 crore  in the Q4 from ₹4,532 crore in Q3. The revenue also fell by about 12% sequentially primarily due to the removal of interconnect usage charge from 1 January this year.  The Average Revenue Per User also declined to ₹107 in March 2021 from ₹121 in Q3. The company’s gross debt currently stands at ₹1.8 lakh crore including ₹60,960 crore as AGR (Adjusted Gross Revenue) dues to the government. Meanwhile, the shares of Vodafone Idea fell by 0....

MARKET RECAP 30TH JUNE 2021

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 MARKET RECAP 30TH JUNE 2021 HAVE YOUR DINNER AND GET UPDATED ON THE MARKET NEWS OPEN YOUR DEMAT ACCOUNT USING THE LINK:   https://bv7np.app.goo.gl/nNRb13x8ujx3ekQb6 BUY YOUR FIRST CRYPTO BY USING THE LINK:     https://coinswitch.co/in/refer?tag=N8JC   Nifty50:  15,721  ▼ -26 (-0.1%) Sensex:  52,482  ▼ -66 (-0.1%) After staying in the green most of the day, the markets succumbed to selling pressure in the last hour of trade. In all, 33 of the Nifty50 stocks closed lower today.  Among the Nifty sectoral indices, IT (0.6%) stood as the lone gainer. Meanwhile, the Media (-0.7%) and Bank (-0.6%) indices were the top losers.  Top gainers Today's change Coal India ▲ 1.2% Reliance Industries ▲ 1.1% Divis Lab ▲ 1.1%   Top losers Today's change Shree Cement ▼ 1.9% Bajaj Finserv ▼ 1.8% Power Grid ▼ 1.5% Here are the top stories of the day. Auto sales expected to normalise soon According to reports, the street  expects  auto sal...

MORNING UPDATE JUNE 30TH 2021

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 MORNING UPDATE JUNE 30TH 2021  HAVE YOUR TEA AND GET UPDATED ON THE MARKET NEWS OPEN YOUR DEMAT ACCOUNT USING THE LINK:   https://bv7np.app.goo.gl/nNRb13x8ujx3ekQb6 BUY YOUR FIRST CRYPTO BY USING THE LINK:     https://coinswitch.co/in/refer?tag=N8JC Indices at previous closing Nifty50:  15,748  ▼ -66 (-0.4%) Sensex:  52,549  ▼ -185 (-0.3%) Nifty Bank:  35,010   ▼-349 (-0.99%) In the news Pharma cos to collaborate for Covid drug Five Indian pharma companies—Dr Reddy’s, Sun, Cipla, Emcure and Torrent—will collaborate for the clinical trial of the oral antiviral drug   Molnupiravir  for the treatment of mild Covid cases. These companies already have the license to manufacture and supply the drug to over 100 other countries including India. These companies will jointly sponsor, supervise and monitor the clinical trial of the drug in India. Shares of Dr Reddy’s (+0.7%), Sun Pharma (0.1%) and Cipla (1.7%) closed higher yesterda...

MARKET RECAP 29TH JUNE 2021

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 MARKET RECAP 29TH JUNE 2021 HAVE YOUR DINNER AND GET UPDATED ON THE MARKET NEWS OPEN YOUR DEMAT ACCOUNT USING THE LINK:   https://bv7np.app.goo.gl/nNRb13x8ujx3ekQb6 BUY YOUR FIRST CRYPTO BY USING THE LINK:     https://coinswitch.co/in/refer?tag=N8JC   Nifty50:  15,748  ▼  -66 (-0.4%) Sensex:  52,549  ▼ -185 (-0.3%) Despite the initial cheer, markets succumbed to selling pressure and closed in the red. The advance-decline ratio was unfavorable with 35 of the Nifty50 stocks ending lower. Among the Nifty sectoral indices, Pharma (0.5%) and FMCG (0.5%) were the only two gainers, whereas PSU Bank (-1.4%) and Metal (-1.2%) were top losers.  Top gainers Today's change Power Grid ▲ 1.9% Cipla ▲ 1.7% HUL ▲ 1.2%   Top losers Today's change IOC ▼ 2.2% ONGC ▼ 2.1% Hindalco ▼ 2.0% Here are the top stories of the day. Graphite India posts profit despite weak sales India’s largest graphite-electrode maker posted a  6% drop  in its ...

MORNING UPDATE JUNE 29TH 2021

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MORNING UPDATE JUNE 29TH 2021  HAVE YOUR TEA AND GET UPDATED ON THE MARKET NEWS OPEN YOUR DEMAT ACCOUNT USING THE LINK:   https://bv7np.app.goo.gl/nNRb13x8ujx3ekQb6 BUY YOUR FIRST CRYPTO BY USING THE LINK:     https://coinswitch.co/in/refer?tag=N8JC Indices at previous closing Nifty50:  15,814  ▼  -45 (-0.2%) Sensex:  52,735  ▼ -189 (-0.3%) Nifty Bank:  35,359  ▼-5 (-0.0%) In the news Tata Motors announces big EV push By 2025, auto major Tata Motors plans to launch  ten  new electric vehicles (EVs) across its commercial and passenger vehicle segments in India. Not only that, it also plans to manufacture lithium cells in India and Europe to facilitate its EV supply chain.  Meanwhile, the street expects that higher fuel prices and the subsidy push from the government could expedite EV adoption over the next 2-3 years. Meanwhile, shares of Tata Motors were up 1% yesterday and have risen 7.5% so far this month. ...