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NEWS
Value of FPI stock holdings soar by $105 bn in Sept-March: Report
Thu, Apr 22, 2021     Source : Business Line
India only market to have seen net positive inflows during the year, despite a dip in March: BoFA Securities
NEWS
Exiting equities now can be a costly mistake, might miss out good mkt rally
Thu, Apr 22, 2021     Source : Business Standard
Timing one's re-entry correctly is very difficult
NEWS
IPO market likely to stay bullish in June quarter, Covid to weigh: EY
Thu, Apr 22, 2021     Source : Business Standard
India had 22 IPOs worth $2.6 bn in Q1 of Calendar 2021 versus 12 IPOs at the same time last year, was ranked ninth globally on number of offerings for the quarter
NEWS
Serum prices Covishield at Rs 400 for Centre, Rs 600 for private hospital
Thu, Apr 22, 2021     Source : Business Standard
These are the prices for institutional sales, and not the maximum retail price, which will be announced later.
NEWS
FPIs dump finance stocks amid rising Covid infections, increase exposure to defensive bets
Thu, Apr 22, 2021     Source : Economic Times
ET Intelligence Group: Banking and financial services stocks, which often serve as a proxy for macroeconomic recovery, are losing their appeal among foreign investors following a record rise in covid cases...
NEWS
Negative outlook list may get longer, Q1 biz to be hit: Rating agencies
Thu, Apr 22, 2021     Source : Business Standard
In February, things seemed to be coming under control with vaccination, giving the impression the system would cope with the pandemic
NEWS
'Avoid all travel': US issues advisory against India as Covid-19 cases surge
Thu, Apr 22, 2021     Source : Mint
The United States has issued a level-4 travel health notice for India as Covid-19 cases see an alarming spike in the country, said the US Department of State Bureau of Consular Affairs on Wednesday.
NEWS
Covid-19 surge: FM Sitharaman asks industry to wait & watch for next few days
Thu, Apr 22, 2021     Source : Financial Express
Along with the new vaccination guidelines and with the five-fold strategy adopted in handling the Covid cases — test, track, treat, Covid-19 protocols and vaccination — there will be a sense of reassurance...
NEWS
Lockdowns to hit growth, pull down FY22 GDP
Thu, Apr 22, 2021     Source : Economic Times
Country-wide localised lockdowns due to a spike in Covid-19 cases is likely to hit India's GDP growth particularly in the quarter ended June, delaying the fragile economic recovery and likely pulling down ...
NEWS
Covid shaves off a 5th of ONGC capex in FY21; downstream firms exceed target
Thu, Apr 22, 2021     Source : Business Standard
Coronavirus-related restrictions delayed ONGC projects but fuel marketers like IOC exceeded targeted capital spending, a government report showed
NEWS
Covaxin is effective against mutant strains: ICMR
Thu, Apr 22, 2021     Source : Business Line
Interim analysis of Phase-3 trial shows efficacy of 78%
NEWS
US stocks bounce back after losses in two straight sessions
Thu, Apr 22, 2021     Source : Mint
Wall Street stocks resumed their upward climb Wednesday, shrugging off disappointing results from Netflix and advancing after two down days.
NEWS
COVID impact: Bank unions urge IBA for restriction in services, cutting public dealing hours
Thu, Apr 22, 2021     Source : Economic Times
With COVID-19 cases surging across the country, bank unions have requested industry body IBA for restriction in services and reduction in public dealing time to around 3 hours per day till the situation im...
NEWS
Market may rebound on vaccine-for-all drive
Tue, Apr 20, 2021     Source : Economic Times
The stock market could rebound, after plunging as much as 3 per cent on Monday, with the government announcing that all persons of 18 and above will be eligible for Covid vaccinations from May 1.
NEWS
Why the foreign exchange market is antsy on forward premia for dollars
Tue, Apr 20, 2021     Source : Mint
The Indian rupee has depreciated sharply ever since the Reserve Bank of India (RBI) committed to buy Rs.1 trillion worth of government bonds.
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