Bears likely to continue their dominance Bears likely to continue their dominance DSIJ Intelligence-3 / Wednesday, February 26, 2020 / Article rating: 4.3 The colossal sell-off overnight on Wall Street as Centres for Disease Control (CDC) officials called the spread of Coronavirus in United States inevitable and this has triggered a negative sentiment in Asian markets as well. Early action at SGX Nifty is indicating a worrisome sign ahead for Indian markets as there are chances that we might open with a big gap down.
Shares of Indigo down post SEBI report on RPTs Shares of Indigo down post SEBI report on RPTs Avalokita Pandey / Tuesday, February 25, 2020 / Article rating: 5.0 Besides, an official statement issued by Sanjay Gupta, Company Secretary & Chief Compliance Officer at InterGlobe Aviation states that the report is factually incorrect and the company has not received any communication from SEBI in this regard.
Lupin launch tablets for treatment of Edema Lupin launch tablets for treatment of Edema DSIJ Intelligence / Tuesday, February 25, 2020 / Article rating: 3.3 Lupin announced the launch of Ethacrynic Acid Tablets USP, 25 mg used for the treatment of Edema. The pharma major had already received an approval from United States Food and Drug Administration (USFDA) earlier for this drug.
Checks to perform before investing in bank FD Checks to perform before investing in bank FD DSIJ Intelligence / Tuesday, February 25, 2020 / Article rating: 5.0 Fixed deposits are one of the most popular fixed income investments among retail investors. Having said that, what are the checks that investors should perform before investing in bank FDs? Let’s find out!
Havells India forms triple bottom pattern Havells India forms triple bottom pattern Vinayak Gangule / Tuesday, February 25, 2020 / Article rating: 4.6 On Tuesday, the stock has given a neckline breakout of triple bottom pattern. This breakout was confirmed by above 50-day average volumes.
Navin Fluorine jumps 20 per cent on multi-year deal Navin Fluorine jumps 20 per cent on multi-year deal Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 4.7 The capex and project will be executed through its wholly-owned subsidiary, Navin Fluorine Advanced Sciences Limited (NFASL). It will invest around USD 51.5 million for setting up dedicated manufacturing facility and USD 10 million for setting up captive power plant.
Investors, be cautious! Do not let COVID-19 valuations sway you! Investors, be cautious! Do not let COVID-19 valuations sway you! Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 4.5 The biggest worrisome factor is for Tata Motors. Its international business entity Jaguar Land Rover (JLR) has already faced issues with sales related to China specific region. It has nearly 15 per cent revenue exposure in China which would certainly get affected further in the recent quarters.
HUDCO plans to raise funds up to Rs 28,000 crore HUDCO plans to raise funds up to Rs 28,000 crore Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 5.0 The government-owned finance company, Housing and Urban Development Corporation (HUDCO) is planning to raise funds up to Rs 28,000 crore.
Infosys to open Cyber Defense Centre in Indianapolis; stock rise Infosys to open Cyber Defense Centre in Indianapolis; stock rise Avalokita Pandey / Tuesday, February 25, 2020 / Article rating: 3.5 Information Technology consulting company, Infosys Limited, today announced that the company is launching a state-of-the-art Cyber Defense Centre in Indianapolis, the capital city of Indiana in United States (US) next month.
Rupee strengthens on selling in American currency by banks & exporters Rupee strengthens on selling in American currency by banks & exporters Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 3.8 Meanwhile, investor sentiment remained fragile after a jump in the number of Coronavirus cases outside China stoked fears of a slowdown in the global growth. The total number of casualties owing to Coronavirus stood at 2,663 with 71 new Coronavirus deaths reported from China.