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TCS, ONGC, Just Dial among 41 stocks that look ready to rally, suggests MACD SECTIONS Share Synopsis The momentum indicator signalled bullish crossovers on these counters, hinting at possible upsides in the days ahead. Shutterstock.com INSIGHTS NSE Explore Now NEW DELHI: With the benchmark stock indices rising for the third day in a row, at least 41 stocks on NSE are looking strong on momentum oscillator moving average convergence divergence or MACD. The momentum indicator signalled bullish crossovers a sign of bullish undertone on these counters, hinting at possible upsides in the days ahead. Some of the stocks have climbed up to 20 per cent in Tuesday s session so far. ....
Oil exploration companies told to follow SOPs after barge P305 tragedy SECTIONS Share Synopsis Despite warnings during Tauktae, five ONGC vessels faced adverse situations resulting in 70 deaths at P305. The petroleum ministry has asked the oil companies to activate its emergency response system and instruct all the installations to follow the SOPs. AFP After more than 70% of contract employees at barge P305 in the Arabian Sea were killed in the wake of cyclone Tauktae, the Centre has directed oil exploration and production companies to follow standard operating procedures (SOPs) for the safety of workers. The directions were issued following IMD’s warning that Yaas was likely to “intensify into a very severe cyclonic storm”. It’s likely to cross West Bengal and north Odisha coasts on the evening of May 26. IMD has predicted that wind speed could be in the range of 155-165 km per hour, gusting to 185 km per hour. Yaas is also likely to impact TN, And ....
NEW DELHI: The Centre is set to take stock of cyclone preparedness on Monday, which will also look at how the port and shipping assets are to be secured when cyclone Yaas hits the east Coast. Top ministers, Piyush Goyal, Dharmendra Pradhan and Mansukh Mandaviya are due to meet industry representatives as well as IMD and National Disaster Management Authority officials to discuss ways to have a proper back up plan in place, including the need to evacuate industry, wherever required. Although the current information suggests that the cyclone Yaas will be less severe than cyclone Tauktae, the government doesn’t want to take any chances given the accident involving ONGC executives. ....
India News: MUMBAI: The death toll of personnel of barge Papaa (P-305) that sunk off the city’s coast in the wake of cyclone Tauktae went up to 66 after six more . ....