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Nifty, Sensex Indecisive – Weekly closing report

Nifty, Sensex Indecisive – Weekly closing report Moneylife Digital Team  0 We had mentioned in last week’s closing report that Nifty, Sensex were directionless. The major indices faced a correction this week. The trend of the major indices in the week is given in the table:     On Monday, the indices suffered a major correction and ended with huge losses. On the NSE, there were 241 advances, 1,740 declines and 313 unchanged.   Flipkart announced that it will work with Adani Logistics to strengthen Flipkart’s supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers. In addition, Flipkart will set up its third data centre at Adaniconnex’s Chennai based facility.

Indices bounce back; FMCG shares under pressure

Key equity indices bounced from the day s low in mid-afternoon trade. FMCG shares declined for fourth sessions. The Nifty regained the 15,000 mark. At 14:21 IST, the barometer index, the S&P BSE Sensex, was up 271.16 points or 0.54% to 50,712.23. The Nifty 50 index added 54.40 points or 0.36% at 15,010.60. Sentiment was lifted by positive global cues. US Dow index futures was up 197 points, indicating a positive opening in the US stocks on Tuesday. The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index slipped 1.10%. The S&P BSE Small-Cap index shed 0.92%. Sellers outnumbered buyers. On the BSE, 1100 shares rose and 1819 shares fell. A total of 200 shares were unchanged.

Allied sectors will also gain from proposals for roads - The Hindu BusinessLine

Allied sectors will also gain from proposals for roads February 01, 2021 Logistics, cement, transport, last-mail deliveries expected to make significant gains The Centre has planned more economic corridors to boost road infrastructure, including 11,000 km of national highway infrastructure, this year. This is expected to encourage and offer relief to related sectors including logistics, cement and transport. “We have already started observing that the increased outlays in road sector, infrastructure development, railways, gas pipeline development will create a major boost to the V-shaped recovery,” said Vivek Bhatia, MD and CEO, thyssenkrupp Industries India Companies in the logistics sector will also gain. “Proposals to boost operational contingencies of road infrastructure and build more economic corridors have the potential to increase efficiencies across the logistics ecosystem and simulate regional economies to encourage local entrepreneurial initiatives,” said

Automotive Tappet Market Synopsis 2021 | Global Demand, Size, Value Share, COVID-19 Pandemic Impact, Regional Analysis and Key Players Review by Forecast to 2023

Automotive Tappet Market Synopsis 2021 | Global Demand, Size, Value Share, COVID-19 Pandemic Impact, Regional Analysis and Key Players Review by Forecast to 2023
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