Brokerage ICICI Securities believe that cyclical stocks which have corrected largely due to the rise in ‘systematic’ risk could see the fastest recovery if the crisis recedes quickly.
After a two-day hiatus, the stock market bulls look set to return to the Street, with 50-pack Nifty poised to make a dash for another record high, buoyed by firm cues from global peers. The session, however, could witness high volatility on account of weekly expiry. At 7.30 am, SGX Nifty was trading 80 points higher at 15,710. Stock-specific moves, Covid-19 related updates and crude price movement could further sway market mood. On the global market front, Wall Street s main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called meme stocks.
New Delhi, (Delhi), [India], May 24 (ANI/NewsVoir): APL Apollo Tubes Limited (APL Apollo), one of the leading branded structural steel tubes manufacturers, brings in aesthetically advanced and highly durable H-section Oval for road safety and fencing. The most revolutionised product is launched with a futuristic vision of bringing in strong yet elegant solutions to make roads more safer and enhance the exterior landscapes.
Investors richer by Rs 2.9 lakh crore as bulls return to D-Street ahead of long weekend
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The S&P BSE Sensex index jumped as much as 1.18% to touch 50,092.48 during the session.
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NEW DELHI: Metals shone and financial stocks were under spotlight lifting equity benchmarks higher on Thursday ahead of a long weekend. A huge infrastructure spending plan in the US, and superb GST numbers and capital infusion by the government back home boosted the morale of Dalal Street investors.
Strong buying interest was witnessed in bank, metal and tyre stocks in afternoon trade, as record GST collections in March perked up the market sentiment. The rollout of Covid-19 vaccines for those above 45 years of age also lifted the mood in the market, said analysts.
APL Apollo unveils India s first closed steel door and window frames Apollo Chaukhat ANI | Updated: Feb 25, 2021 13:02 IST
New Delhi [India], February 25 (ANI/NewsVoir): APL Apollo Tubes Limited (APL Apollo), one of the leading branded steel tubes manufacturers, has unveiled India s first closed steel door and window frames Apollo Chaukhat , based on trusted and dependable Italian technology. Emerging as a perfect choice for doors and windows, Apollo Chaukhat is a class apart in its segment. It is synonymous with strength, durability and world-class quality.
For the consumers who have been traditionally using wooden frames for doors and windows, Apollo Chaukhat is loaded with inherent advantages. It is termite-proof, fire-resistant and rigid whereas even the expensive wooden frames remain prone to termites and are inflammable, expansion and contraction happen in wooden frames due to changes in weather.