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ICRA reaffirms ratings of Zenith Exports Limited

ICRA reaffirms ratings of Zenith Exports Limited
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Zenith Exports standalone net profit declines 60 92% in the March 2021 quarter

Zenith Exports standalone net profit declines 60 92% in the March 2021 quarter
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Positive open seen for markets - The Hindu BusinessLine

Positive open seen for markets June 30, 2021   Markets are expected to open marginally higher, indicates a trend from SGX Nifty, Singapore. However, most global markets are ruling in the flat-to-negative territory, signalling volatility. According to market experts, after two consecutive days of fall, markets will try to regain some strength. Besides, today being the last date of the first quarter (June), markets generally remain resilient due to fund managers’ portfolio churning activity. However, the key concern is the rise of new Covid variant, said analysts. Currently, SGX Nifty is ruling at 15,827, a 40-point gap-up opening for Nifty futures, which on Tuesday closed at 15,785. The spot Nifty closed at 15,748.45.

Top 10 things to know before the market opens

Top 10 things to know before the market opens
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market outlook: Ahead of Market: 12 things that will decide stock action on Thursday

Explore Now NEW DELHI: Continuing its recovery path, the Nifty gained 1 per cent on Wednesday forming a bullish candle on the daily chart. Rohit Singre, Senior Technical Analyst at LKP Securities said, “On the hourly chart, it seems index is in V-shaped recovery and if it turns to be true then we may see a current pullback to extend further towards 13,775, which is previous swing high and on other hand, good supports are formed near 13,550-13,460 zone.” Market is continuing its rally amidst concerns over new virus strain, lockdown and weak global cues, fueled by IT, mid and smallcaps. The additional stimulus announced in the US did not gain much momentum in the global market as the quantum of the benefit was well-factored, but Europe and EMs are maintaining buoyancy. In the coming days, the market will also focus on Brexit trade deals, which are expected to be finalized soon and fallout in the economy due to strict lockdown, said Vinod Nair, Head of Research at Geojit Financ

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