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Home Latest News

Business week started well, market closed at record high

by InvestPolicy
February 28, 2021
in Latest News
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03:35 PM

The opening of the business week started today was excellent. Cessanx-Nifty managed to close at record highs. The Nifty Bank also crossed the 37,400 level. Mid and small cap stocks also saw an increase. Sensex closed at 52,154.13 level with a gain of 610 points, or 1.18 per cent. At the same time, the Nifty has closed at the level of 15314.70 with a strength of 151.40 points i.e. 1%.

03:02 PM

TATA MOTORS। The company will launch an electric version of the Land Rover. Jaguar’s electric version will be launched. Jaguar will become the electric luxury brand by 2025. In 5 years, 6 EVs will launch landoverversion. The company aims to make JLR debt-free by 2025.

02:50 PM

VODAFONE IDEA। The company is focusing on network expansion. 4G capacity expansion will continue. Work is also on to upgrade 2G. Strong work is on to build a better 4G network.

02:20 PM

IRCON। The decision on issuing bonus shares is deferred. The next board meeting will decide on the bonus. The company has announced an interim dividend of Rs 1.30 per share.

02:10 PM

The government has clarified on the proposed BEML disinvestment. The government says that shortlists will take necessary security clearance of the bidders on disinvestment.

02:05 PM

BULLS has again shown its strength in the market. NIFTY and SENSEX arrive at LIFE HIGH today. NIFTY BANK and MIDCAP INDEX have also gained strongly. In today’s business, the NIFTY 15300 has crossed the SENSEX 52000 mark. NIFTY BANK has OUTPERFORM all INDEX by more than 2%.

01:45 PM

According to the exclusive information received by CNBC Awaaz, after the reduction of tension on the border, there is a readiness to relax the conditions related to China on the economic front too. According to sources, the terms of FDI coming from China can be eased. Relaxation is possible in sectors that are not directly connected to national security. At the same time, FDI conditions in the national security sector will not be relaxed. Explain that after the dispute over the border increased, the government had toughened the FDI conditions. According to sources, it is possible to consider relaxing the rules related to other business relations with China.

01:10 PM

According to information received from sources, CNBC-Awaaz may soon come to IndiaMART and Poly Medicure QIP in the market. QIPs of both companies may arrive this week. IndiaMART can raise Rs 1000 crore from QIP. However, IndiaMART’s response to this news is awaited. At the same time, QIP of Poly Medicure can also come this week. Explain that the amount can be used for capacity expansion.

01:00 PM

BHARTI AIRTEL is seeing an increase of about 2 percent. The subsidiary would consider a change in the shareholding of the companies. The decision will be taken at a board meeting on 17 February.

12:55 PM

Banking and NBFCs are seeing a great uptick in stocks. ICICI BANK, the Nawafi’s Nawfty, has created a new HIGH. The same, HDFC, L&F FIN HOLDING and SHRIRAM TRANSPORT are seeing 2 to 5 percent increase. CHOLA FINANCE has run 10 percent.

12:40 PM

WPI। Wholesale inflation rose to 2.03% in January from 1.22% in December. Please tell that it was estimated to be 1.3%. In January, the Primary Articles WPI declined to -2.24% from -1.61% in the previous month. At the same time, the wholesale price of manufactured products has increased to 5.13% per cent from 4.24% in the previous month.

12:15 PM

The Supreme Court issued a notice in the new privacy policy case on WhatsApp and Facebook. The Supreme Court said that Facebook and WhatsApp should clear the policy on data sharing. The court has asked both Facebook and WhatsApp to respond to the new privacy policy in 4 weeks.

12:00 PM

Arohan Financial। Will issue shares worth 850 crore through IPO. The promoters will sell 2.71 crore shares through an IPO.

11:50 AM

Facebook, WhatsApp has received Supreme Court notice. The Supreme Court has issued this notice on the privacy policy.

11:20 AM

SHILPA MEDICARE। Sunitinib has launched capsules under the brand SUNISHIL.

10:50 AM

BULLS has introduced RECORDS in the market. Nifty, Sensex, Nifty Bank and Midcap index are trading at the new peak. For the first time, the Sensex has crossed 52000.

10:30 AM

Banking and NBFCs stocks look fantastic. ICICI BANK, the Nifty’s Nawab, has created a new HIGH. The same HDFC, L&F FIN HOLDING and SHRIRAM TRANSPORT are seeing 2 to 5 percent increase. CHOLA FINANCE has run 10 percent.

10:15 AM

Chemical shares are seeing strong action. The speed horse Deepak Nitrite ran 11 percent. Kanoria Chemicals has jumped 5 percent.

09:50 AM

Shares of ADANI GROUP are seen on the new high. ALL is trading ADANI ENT, ADANI PORT and ADANI TRANSMISSION at TIME HIGH.

09:20 AM

Today at record highs The market has started. The Sensex has crossed 52,000 for the first time. Cessanx is trading at a level of 52,009 with a gain of 465 points i.e. 0.90 per cent. At the same time, the Nifty is working at a level of 15289 with a gain of 126 points. Mid-smallcap stocks are also seeing good gains here.

08:00 AM

Strategy on nifty

Virendra Kumar of CNBC-Awaaz says that its registration zone is 15196-15228 and larger registration zone is 15268-15284. The base zone is 15102–15074 and the larger base zone is 15030–14970. Shop Nifty and buy every fall till 14980. Mild obstruction may occur at the level of 15196–15228. The site of 15284 is still open. Going beyond 15300 is a bit difficult but can go this week. Today Nifty will run on the strength of banks.

07:50 AM

Today the IPO of B2C company NURECA will open. The price band of the issue is between 396 to 400 rupees per share. The company has raised Rs 44 crore from anchor investor.

07:40 AM

IIP growth in December has been better than anticipated. Growth minus has increased from 2.1 to 1 percent. Retail inflation has also declined.

07:30 AM

SIEMENS has strong results in the December quarter. EBITDA has increased by 21 percent, while margins have also shown improvement. At the same time, the results of Apollo Hospitals have been estimated. NET PROFIT has risen 49% to 134 crores.

07:20 AM

The results of ONGC have been mixed. Profitability has fallen by 52 per cent due to lower income and higher tax expenditure. The results of Vodafone have been better than anticipated. The loss has been reduced from Rs 7200 crore to Rs 4532 crore. The auditor has raised concerns about Vodafone’s financial health.

07:10 AM

Crude oil continues to boil over hopes of relief package in US. Brent crude has crossed $ 63. The price is the highest in 13 months. Action can be seen in companies like ONGC, OIL and HOEC.

07:00 AM

There are good signs from global markets. SGX NIFTY is trading above 15200. US markets were rising on Friday. In the morning Dow futures were seen above 100 Point. Today is the New Year holiday in most Asian markets. At the same time, the US market is closed today on President’s Day.

Tags: bseIfmarketmarketsNiftyNseSensexshare
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