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Ion Exchange share fell over 4% today after ace investor Rakesh Jhunjhunwala pared his stake in the water and environment management firm. Stock of Ion Exchange touched an intraday low of Rs 1347, falling 4.01% against previous close of Rs 1,403.20 on BSE ....
Real-world data shows Pfizer s Covid vaccine is giving very strong results after one dose (SPY -0.8%). The Market in Perspective Here are the headlines moving the markets. What To Expect From The Upcoming OPEC+ Meeting After breaking the $50 barrier last year, oil prices are currently trading above $60. The major drivers behind this rally include the rise in vaccination rates and the 1 million bpd new year surprise cut from Saudi Arabia, in addition to continued high compliance from OPEC+. Other factors include a slowdown in US oil production, with the number of oil rigs in the US remaining at least 50% below its 2019 levels at 309 rigs, indicating a potential flat production for 2021. The current strategy of the US shale industry is to focus on stable returns ....
In the overnight session, Wall Street ended lower, pulled down by losses in Apple and Tesla. The Dow Jones Industrial Average fell 0.46%, the S&P 500 lost 0.81% and the Nasdaq Composite dropped 1.69%. Meanwhile, in Asia, the stocks were trading marginally higher as investors shrugged off concerns that stocks may have rallied too far too fast in the past year and focused instead on optimism that more imminent US stimulus will energise the global economic recovery. Australia’s S&P/ASX 200 index rose 0.6%, South Korea’s Kospi index added 0.3% while Japan s Topix index was flat. Tracking cues from global peers, domestic markets look set to open higher for the 3rd day in a row, although gains are likely to be meek. At 7.15 am, Nifty futures on SGX were up 23 points, indicating a flat-to-positive start for D-Street. ....
Read more about Sensex spurts 1100 pts, Nifty climbs over 2% as banks rally; RIL jumps 4.5% on Business Standard. Domestic shares rallied for the third straight session on Wednesday led by gains in banks, financials and metal stocks. The Nifty settled near 15,250 level. Barring the Nifty Auto index, all the sectoral indices on the NSE ended in the green. ....
Stocks in news: RIL, Airtel, Vi, YES Bank, Ircon International, Ruchi Soya, Ion Exchange Shares of YES Bank, Reliance, Airtel, Vodafone Idea, Ircon International, Ruchi Soya, Ion Exchange will be in focus in Wednesday s trading session BusinessToday.In | March 3, 2021 | Updated 09:13 IST Sensex, Nifty seen opening flat on Wednesday The Indian benchmark indices are likely to open on flat note today, tracking mixed global cues. While Wall Street ended lower in overnight trade, Asian peers edged higher amid optimism that US stimulus will boost the global economic recovery. Muted trading at Nifty futures on the Singapore Exchange also signaled that Dalal Street was headed for a flat start on Wednesday. ....