SGX Nifty points to a 70-point gap up opening for Nifty
January 19, 2021
NSE has been directed to extend the agreement of Nifty-licensed products to SGX until the arbitration concludes - Bloomberg
NSE has been directed to extend the agreement of Nifty-licensed products to SGX until the arbitration concludes - Bloomberg×
Most Asian markets are trading with one per cent gain
Bears are likely to take a pause at least in early trade on Tuesday, as the signal from SGX Nifty and Asian markets points a gap up opening of 80 points even as the US markets closed in the red overnight.
Share Market Highlights: Sensex ends 834 points higher, Nifty at 14,521; Bajaj twins, HDFC, L&T top gainers January 19,2021 17:28 IST
Sensex, Nifty Highlights on January 19: Reversing from yesterday s lows, market benchmarks rose sharply on Tuesday and closed near record highs, tracking cues from positive global equities. Sensex added 834 points today to 49,398 and Nifty gained by 239 points to 14,521. Sensex and Nifty today touched intraday high of 49,499 and 14,546. Earlier on January 13, Sensex and Nifty hit fresh lifetime highs of 49,795 and 14,653, respectively. Bajaj Finance, followed by SBI, ONGC, IndusInd Bank, Reliance Industries, HDFC and Axis Bank were among the top gainers. On the other hand, ITC and HDFC Bank were the laggards. Meanwhile, September quarterly earnings announcements by ICICI Lombard General Insurance Company, Alembic Pharma, Ceat, CSB Bank, DCM Shriram, L&T Infotech, Skipper, Tata Communications will also set the tone for the stock market today. Yesterd
Trade setup for Tuesday: Top 15 things to know before Opening Bell
A move below 14,125 could confirm the reversal pattern and that is likely to trigger more weakness in the short term, Nagaraj Shetti of HDFC Securities said. Sunil Shankar Matkar January 19, 2021 / 07:27 AM IST
The stock market, after rangebound movement with a weak bias, tried to recover losses in the afternoon session on January 18, but failed in the attempt and corrected sharply in the last hour of trade. All sectoral indices were caught in the bear trap.
The benchmark indices fell for a second consecutive session with the BSE Sensex declining 470.40 points or 0.96 percent to 48,564.27, while the Nifty50 dipped 152.40 points or 1.06 percent to 14,281.30 and formed a bearish candle on the daily charts.
Indian converters and suppliers such as Vinsak expand regionally
Packaging and labels fare well in the pandemic
L to R, Ranesh Bajaj of Vinsak with the managing directory of Al Hadiqa Sayed Shamsuddin
As the Indian label industry has expanded overseas beyond just exporting labels, several players from prepress houses to label printers and labelstock suppliers have set up plants in the Near East, Africa, and the Middle East. Premedia houses and printers who have set up plants overseas include Unique Premedia Services, Ajanta Print Arts, Astron Packaging, and the Manipal Group.
SMI Coated Products, the leading supplier of Indian-manufactured pressure sensitive label stock, set up a warehousing and slitting center in Dubai several years ago to more easily supply its Middle Eastern and African customers. Vinsak, the company and brand that has emerged from the Delhi-based Creed Engineers has emerged as a significant regional supplier in a vast region from Africa to Southeast Asia –