Daily Market Feed Pre Market Report Consolidation/Correction Incoming – Share Market Today News Shots Joe Biden unveils plan to pump US $1.9 trillion into pandemic-hit economy, in a major move. Even after such positive news, global markets are down. The government’s sale of its 5% shareholding in India’s largest steelmaker SAIL was oversubscribed 3.6 times on the first day of its opening yesterday. Happy with the response, […] Written by Sharique Samsudheen January 15, 2021January 15, 2021
Daily Market Feed Pre Market Report Volatile Consolidation to Continue in NIFTY – Share Market Today News Shots The government will sell up to 10% stake in SAIL via offer for sale(OFS) on January 14-15 and the offer price has been fixed at Rs 64 per share, which is at a 13% discount to the current market price(Rs 74). The Central Government has approved the procurement of 83 indigenously-developed light combat […] Written by Sharique Samsudheen January 14, 2021January 14, 2021
Daily Market Feed Pre Market Report Global Markets Up! When will NIFTY Consolidate? – Share Market Today News Shots Tata Elxsi net profit has increased 39.5% YoY to Rs 105.2 crore for the December 2020 quarter. Tech Mahindra to acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for $9 million (about Rs 66 crore). State-owned power producer SJVN has approved a proposal to raise up to Rs […] Written by Sharique Samsudheen January 13, 2021January 13, 2021
Daily Market Feed Pre Market Report Global Markets Down! 14,500 to be a Strong Resistance? – Share Market Today News Shots Tata Motors has denied the reports which claimed that they are partnering with Tesla to drive operations in India. Jaguar Land Rover reported a second successive quarter-on-quarter recovery in retail sales in 2020. The retail sales rose 13.1% to 1.28 lakh units from 1.13 lakh units in the preceding quarter but declined 9% […] Written by Sharique Samsudheen January 12, 2021January 12, 2021
Daily Market Feed Pre Market Report Entering Another Week of Profits! 14,400 to be Sustained? – Share Market Today News Shots Reliance Retail Limited, a subsidiary of Reliance Industries Limited, has signed a deal with farmers from Sindhanur taluk in Karnataka’s Raichur district for the purchase of 1,000 quintals of Sona Masoori rice, at a price higher than the MSP (Minimum Support Price). Avenue Supermarts Ltd, the listed company which owns and operates retail […] Written by Sharique Samsudheen January 11, 2021January 11, 2021
Daily Market Feed Pre Market Report All Global Markets Green and High! NIFTY to Cross 14,300? – Share Market Today News Shots Finally, United States President Donald Trump conceded election defeat yesterday and promised orderly transition on January 20, when President-elect Joe Biden will be sworn-in as the 46th US President. TCS will announce Q3 results today. Net profit without considering one-off legal expenses in the previous quarter may show weakness in the third quarter […] Written by Sharique Samsudheen January 8, 2021January 8, 2021
Daily Market Feed Pre Market Report Senate Belongs to the Democrats! Global Markets are Up Amid Violence at the US Capitol – Share Market Today News Shots The Georgia run-off elections results are out! Democrats have won control of the U.S. Senate for the first time in six years — a stunning result in a state that hadn’t sent a new Democratic senator to Washington for two decades! With the Senate and White House in hand, the Democrats will be […] Written by Sharique Samsudheen January 7, 2021January 7, 2021
Daily Market Feed Pre Market Report Georgia Elections Result will Take Time! US Markets are Up – Share Market Today News Shots Very tight competition in Georgia run-off elections so far. Reports say that Democrats are leading but by a very slim margin. There is a high number of postal ballots which have to be counted, which are still coming in, causing delay. Don’t expect to get the verdict by tonight. As we saw in […] Written by Sharique Samsudheen January 6, 2021January 6, 2021
Daily Market Feed Pre Market Report Georgia Elections and UK Lockdown! US and Asian Markets Down! – Share Market Today News Shots Even though vaccines are being given in the UK, the new COVID strain is being spread exponentially. Prime Minister Boris Johnson has imposed a new stay-at-home lockdown until at least mid-February. He confirmed a complete shutdown of schools and businesses, similar to the very first nationwide lockdown back in March 2020. HDFC reported […] Written by Sharique Samsudheen January 5, 2021January 5, 2021
Daily Market Feed Pre Market Report Vaccine Approval vs Profit Booking. Who will Win!? – Share Market Today News Shots In very important news, two Covid-19 vaccines have been approved in India. The Serum Institute of India(SII)’s Covishield and Bharat Biotech’s Covaxin have been given the green signal by the Drugs Controller General of India on Sunday. Vaccination will be launched very soon in states who have completed the dry-run test. This will […] Written by Sharique Samsudheen January 4, 2021January 4, 2021
Daily Market Feed Pre Market Report Happy New Year with NIFTY Crossing 14,000! – Share Market Today News Shots Welcoming you at a Healthy, Wealthy and Happy New Year! The Subject Expert Committee is meeting today to study, discuss and approve Astrazeneca’s and Bharat Biotech’s COVID vaccines. Let’s hope to hear a positive approval news today itself. Ford have pulled out of the proposed joint venture with Mahindra and Mahindra. The deal […] Written by Sharique Samsudheen January 1, 2021January 1, 2021
Daily Market Feed Pre Market Report Vaccine Not Approved in India. NIFTY to end the year above or below 14,000? – Share Market Today News Shots AstraZeneca’s COVID vaccine was approved in the UK. The Indian approval was expected yesterday itself but the Expert panel decided to meet again on January 1 to review more data. The beauty of this vaccine is that it can be stored in normal refrigeration temperatures, while Moderna and Pficer vaccines required -20 and […] Written by Sharique Samsudheen December 31, 2020December 31, 2020
Tech Mahindra: A Stock for the Future? Mahindra & Mahindra is one of the biggest groups in India. The IT arm of the group, Tech Mahindra is the 5th biggest IT company in India. It is one of the major sources from where the Mahindra group generate their revenue. marketfeed did an editorial on the future plans of Mahindra & Mahindra. You can […] Written by Sanidhya Bhardwaj January 7, 2021January 7, 2021
Reliance vs Farmers’ Protests Over the past few weeks, 1,500 telecom towers of Reliance Jio have been vandalised by farmers protesting against the new farm laws. This has led to telecom companies blaming each other and court cases being filed. In this article, find out why Reliance is facing the heat from the ongoing farmers protests. Written by Cherian Varghese January 6, 2021January 6, 2021
Is India prepared for Covid-19 Vaccination? Storage, Transportation and Mock Drills The world's largest immunization programme is set to begin in India. The vaccines from Oxford-AstraZeneca and Bharat Biotech have received an emergy approval. Now the challenge is how to distribute. Let's see what India is currently doing to overcome this big test. Written by Sanidhya Bhardwaj January 5, 2021January 5, 2021
