Saturday, March 13, 2021

Today's update 13-3-21



1. U.S MICHIGAN CONSUMER EXPECTATIONS (MAR) ACTUAL: 77.5 VS 70.7 PREVIOUS; EST 74.0☀️U.S MICHIGAN CONSUMER SENTIMENT (MAR) ACTUAL: 83.0 VS 76.8 PREVIOUS; EST 78.5☀️U.S MICHIGAN CURRENT CONDITIONS (MAR) ACTUAL: 91.5 VS 86.2 PREVIOUS; EST 88.3

2. TATA DIGITAL FILES APPLICATION WITH CCI ON ACQUIRING MAJORITY STAKE IN BIGBASKET.COM; LOOKS TO ACQUIRE UP TO 64.3% STAKE

3. DLF: BOARD MEETING ON MARCH 17 TO CONSIDER RAISING UPTO 5B RUPEES VIA NCDS

4. SUPREME PETROCHEM: CO APPROVES PLAN TO REDUCE SHARE CAPITAL || CO TO REDUCE FACE VALUE OF SHARES TO 4 RUPEES || CO TO RETURN 6 RUPEES PER SHARE TO EACH SHAREHOLDER

5. JAPAN PM SUGA: AGREED WITH LEADERS FROM U.S., INDIA, AUSTRALIA TO HOLD FACE-TO-FACE FOUR-WAY MEETING BY YEAR-END☀️JAPAN PM SUGA: AGREED WITH LEADERS FROM U.S., INDIA, AUSTRALIA TO COOPERATE IN PROVIDING COVID-19 VACCINE-RELATED SUPPORT TO DEVELOPING COUNTRIES IN INDO-PACIFIC

6.INDIA FOREIGN SECRETARY SAYS PM MODI EMPHASIZED THAT THE QUAD IS A PARTNERSHIP FOR GLOBAL GOOD ||  SAYS FOUR COUNTRIES EMPHASIZED COMMITMENT TO SHARED BELIEF IN DEMOCRACY AND PLURALISM☀️INDIA FOREIGN SECRETARY SAYS PM MODI EMPHASIZED THAT THE QUAD IS A PARTNERSHIP FOR GLOBAL GOOD ||  SAYS FOUR COUNTRIES EMPHASIZED COMMITMENT TO SHARED BELIEF IN DEMOCRACY AND PLURALISM☀️INDIA FOREIGN SECRETARY SAYS WILL PRODUCE ABOUT 1B DOSES BY END OF 2022 AS PART OF THE INITIATIVE☀️INDIA FOREIGN SECRETARY SAYS ON VACCINE SUPPLY CHAIN SAID IT HAS TAKEN UP THIS ISSUE WITH THE U.S, BUT NOT AS PART OF QUAD☀️INDIA FOREIGN SECRETARY SAYS U.S. COS. NEED TO APPLY TO REGULATORS IN INDIA FOR EMERGENCY USE AUTHORIZATION OF VACCINES☀️INDIA FOREIGN SECRETARY SAYS THERE IS A CRITICAL AND EMERGING TECH WORKING GROUP, AND IT WILL HAVE TO DECIDE IF RARE EARTHS ARE PART OF THAT DISCUSSION

7.DOW HITS RECORD HIGH

Thursday, March 11, 2021

Today's update 11-3-21




1. U.S. CENTERS FOR DISEASE CONTROL DIRECTOR WALENSKY SAYS CORONAVIRUS- CASES MAY BE AGAIN STARTING TO TREND DOWNWARDS

2. GERMANY'S DAX UP 0.7% || FRANCE'S CAC 40 UP 1.1% || SPAIN'S IBEX UP 0.8%

3. SREI INFRASTRUCTURE: CARE HAS REVISED THE RATINGS ASSIGNED TO LONG TERM & SHORT TERM BANK FACILITIES, LONG TERM INFRASTRUCTURE BOND, NON-CONVERTIBLE DEBENTURE ISSUE & UNSECURED SUBORDINATED TIER II NCDS

4. U.S. (FEB) FEDERAL BUDGET BALANCE ACTUAL: -310.9B VS -163.0B PREVIOUS; EST. -265.0B

5. DGCX WTI CRUDE OIL FUTURES SETTLE AT $64.44/BBL, UP 43 CENTS, 0.67%☀️DGCX BRENT CRUDE FUTURES SETTLE AT $67.90/BBL, UP 38 CENTS, 0.56%

6.DOW JONES UNOFFICIALLY CLOSES UP 467.90 POINTS, OR 1.47%, AT 32,300.64

7. U.S. CDC REPORTS TOTAL NOVEL CORONAVIRUS CASES OF 28,992,598 AS OF YESTERDAY VS 28,937,762 IN PREVIOUS REPORT ON MAR. 9☀️U.S. CDC REPORTS TOTAL DEATHS OF 526,213 DUE TO CORONAVIRUS AS OF YESTERDAY VS 524,695 IN PREVIOUS REPORT ON MAR. 9

8. JAPAN (FEB) PPI (MOM) ACTUAL: 0.4% VS 0.4% PREVIOUS;EST 0.5%

9. MAHARASHTRA HAS SHOWN A WORRISOME TREND. THE MUTANT STRAIN HAS NOT BEEN FOUND INCRIMINATING IN THIS SURGE IN CASES. IT IS JUST RELATED TO REDUCED TESTING, TRACKING & TRACING AND COVID INAPPROPRIATE BEHAVIOUR AND LARGE CONGREGATIONS: ICMR DG DR BALRAM BHARGAVA☀️WE ARE VERY WORRIED ABOUT MAHARASHTRA. THIS IS A SERIOUS MATTER. THIS HAS TWO LESSONS- DON'T TAKE THE VIRUS FOR GRANTED AND IF WE HAVE TO REMAIN COVID FREE, THEN, WE NEED TO FOLLOW COVID APPROPRIATE BEHAVIOUR: DR VK PAUL, MEMBER (HEALTH), NITI AAYOG

10. SEBI HAS FORMED A GROUP OF EXPERTS TO EXAMINE THE FEASIBILITY OF INTRODUCING SPECIAL PURPOSE ACQUISITION COMPANIES SPACS LIKE STRUCTURES IN INDIA, SOURCES SAID ON THURSDAY

11. INFOSYS: INFOSYS BPM, NEWMONT EXTEND STRATEGIC TIE UP || TIE UP EXTENSION OF 5 YRS

Details view of market in upcoming days (18-03-2024)

  We will look for multi time frame analysis on nifty for upcoming view Nifty on DAILY timeframe Forming  rising wedge chart and inside bar ...