Wednesday, January 20, 2021

Morning Market Mint - 21.01.2021

  Morning Market Mint - Rupeedesk Reports - 21.01.2021

 Join Our Whatsapp Group : 9841986753 

Twitter : https://twitter.com/rupeedesk12



  Morning Market Mint - Rupeedesk Reports - 21.01.2021

  Morning Market Mint - Rupeedesk Reports - 21.01.2021

Data Source : Govt , Private News Channels and Websites Etc

* US Markets

U.S. stocks closed at record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of “stay-at-home” beneficiaries.

Asian Markets

Asian markets were set to rise on Thursday after U.S. stocks closed at record highs on hopes that newly inaugurated U.S. President Joe Biden would put in place further economic stimulus to offset damage wreaked by the COVID-19 pandemic.

SGX Nifty

Trends on SGX Nifty indicate a positive opening for the index in India with a 53 points gain. The Nifty futures were trading at 14,697 on the Singaporean Exchange around 07:30 hours IST.

Joe R. Biden sworn in as 46 President of the United States

Joseph Robinette Biden Jr. was sworn in as the 46 President of the United US on January 20. Biden enters the White House with the top challenge to lift the country from the devastation of a raging pandemic that has killed more than 400,000 Americans and thrown millions into economic distress.

Oil rises on U.S. stimulus hopes, tighter market under Biden

Oil edged higher on Wednesday on expectations that U.S. President Joe Biden’s administration will deliver hefty pandemic-related economic stimulus that will lift fuel demand and enact policies that will tighten crude supply.

Housing sales demand rises 78% in December quarter on pent-up demand: Report

Total sales of home units in top seven cities across the country increased by 78 percent in Q4 2020 to 110,811 units versus 62,197 units in Q3 2020 on the back of pent-up demand and increased sales during the festive season. Sales in the fourth quarter of 2020 versus the same quarter in 2019 also increased by 25 percent, a report by PropEquity, a real estate data, research and analytics firm

Indian insurers’ growth to rebound backed by health, protection business: Moody’s

The Indian insurance sector will see growth rebounding in 2021 lead by growth in the health and protection segments, according to a report by Moody’s Investors Service.

Home First Finance Company mops up Rs 346 crore from anchor investors ahead of IPO

Home First Finance Company, one of the fastest growing affordable housing finance companies in India, has raised Rs 346.11 crore from anchor investors ahead of its initial public offer (IPO), that opens on January 21.

CCI approves Axis-Max Life deal

Fair trade regulator Competition Commission of India (CCI) on Wednesday said it has approved the stake acquisition in Max Life Insurance Company by Axis Bank, Axis Capital and Axis Securities. As per the combination notice filed with CCI, the shareholding of Axis Bank in Max Life will increase to approximately 9.9 per cent.

CCI approves Flipkart's acquisition of 7.8% stake in Aditya Birla Fashion

The Competition Commission of India (CCI) on January 20 approved a Rs 1,500 crore deal between Aditya Birla Fashion and Flipkart, which allows the latter to acquire a minority stake of 7.8 percent in the Birla Group-linked entity.

Results on January 21

Asian Paints, Bajaj Auto, AAVAS Financiers, MCX India, SBI Cards and Payment Services, Bajaj Holdings & Investment, Bandhan Bank, Biocon, Cyient, Genus Power Infrastructures, Indo Count Industries, Indian Energy Exchange, IIFL Securities, JBF Industries, Jindal Steel & Power, JK Tyre & Industries, Kajaria Ceramics, Kirloskar Pneumatic, Man Industries, Mphasis, Music Broadcast, Reliance Power, Saregama India, South Indian Bank, SRF, Supreme Petrochem, Westlife Development, Zensar Technologies and Zicom Electronic Security Systems are among 57 companies to announce their quarterly earnings on January 21.

FII and DII data

Foreign institutional investors (FIIs) net bought shares worth Rs 2,289.05 crore, whereas domestic institutional investors (DIIs) net sold shares worth Rs 864.62 crore in the Indian equity market on January 20, as per provisional data available on the NSE.

3 stocks under F&O ban on NSE

Vodafone Idea, SAIL and Sun TV Network are under the F&O ban for January 21. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.

RUPEEDESK PREMIUM RESEARCH

We(rupeedesk.in) are SEBI Registered leading Indian Stock Market Trading Tips Providers for Equity,Commodity and currency market traded in NSE,BSE,MCX,NCDEX And MCXSX.USDINR,EURINR,GBPINR,JPYINR,Dollar,Euro,Pound,Yen currencies.Indian Currency futures and Options Trading Tips. . Free Currency Tips|Stock and Nifty Options Tips| Commodity Tips |Intraday Tips Register Here : 91-9094047040 |91-9841986753

No comments:

Post a Comment