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Updated Feb 19, 2021 | 09:43 IST PowerGrid and ICICI Bank declined 2 per cent, each, and were the top Sensex laggards, followed by NTPC, Bajaj Auto, and State Bank of India (all down 1%) Sensex opens lower amid weak global cues; Nifty below 15,100 | Photo Credit: BCCL New Delhi: Indian benchmark indices opened lower on Friday with Nifty below 15,100 on the back of weak global markets. At 09:15 am, Sensex was down 222.82 points or 0.43% at 51,101.87, and broader Nifty was down 64.50 points or 0.43% at 15,054.50. Note that as of closing on Thursday, both Sensex and Nifty gave up Monday s gains, courtesy the three-day drop. Among the sectoral indices, the PSU Bank index opened 0.8% higher in today s trade while the Nifty Bank index shed another 200 points to open below the 36,500 mark. ....
The market bulls helped benchmark indices add 1.6 per cent last week but faced some stiff pushback from the bears. Going into the trade this week, with Q3 earnings season largely over, the market mood will be guided by the global trends, FII inflows and macro data. Following a swift rally since Budget, analysts believe that some consolidation cannot be ruled out. The markets, when they d open for trade today, are likely to react to the better-than-expected industrial production data for December and CPI inflation for January. Both these macro points were released post market hours on Friday. Besides, the market participants would keep an eye on WPI inflation figures set to be released later today. ....
Share this article Share this article ResearchAndMarkets.com s offering. The global reinforced plastics market was valued at $228. 4 billion in 2019, and is projected to reach $295. 6 billion by 2027, growing at a CAGR of 4. 1% from 2020 to 2027. A composite material consists of a polymer matrix reinforced with fibers is fiber-reinforced plastic (FRP), also known as fiber-reinforced polymer, or fiber-reinforced plastic. Typically the fibers are glass (in fiberglass), carbon (in polymer-reinforced carbon fiber), aramid, or basalt. Due to its special properties such as durability and low weight, the improved plastic is commonly used in the automotive industry. In addition, high resistance to corrosion and chemical attacks has increased the market for tubing, chemical storage vessels and fume scrubbers in the chemical industry. The role of reinforced plastics in the automotive segment is growing due to the rising availability in emerging economies which are growing d ....