Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India with a 51-point loss.
The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a negative opening for the index in India with a 51-point loss.
image for illustrative purpose
The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a negative opening for the index in India with a 51-point loss.
The S&P BSE Sensex was down 379.14 points at 51,324.69 on February 18 while the Nifty50 index declined 89.90 points to 15,119. According to pivot charts, the key support levels for the Nifty are placed at 15,047.73, followed by 14,976.47. If the index moves up, the key resistance levels to watch out for are 15,220.53 and 15,322.07.
US Markets
Stocks on Wall Street closed lower on Thursday as investors shifted out of big technology names, while an unexpected rise in weekly U.S. jobless claims pointed to a fragile recovery in the labour market.
Asian stocks were set to pull back on Friday, following a dip on Wall Street as disappointing U.S. jobs data fanned concerns the economic recovery from the coronavirus was losing momentum.
Live Updates
- 19 Feb 2021 1:58 PM IST
Aurobindo Pharma gets USFDA nod for generic Droxidopa capsules
The approved product is a generic version of Lundbeck NA Ltd's Northera capsules.
- 19 Feb 2021 1:57 PM IST
Maruti’s switchover to Rupee-based royalty pay to Suzuki running 2 years late
Maruti does not provide reasons for the delay. Royalty payment is computed every quarter by MSIL and shared publicly. Rupee-denominated payment formula was envisaged to escape the adverse risk of the yen-rupee fluctuations.
- 19 Feb 2021 1:56 PM IST
In-Depth: The Clubhouse sensation: Why the new social media app is a screaming success and what lies ahead
Within a year of its launch, social media app Clubhouse has risen to stardom with a valuation of $1 billion. Its popularity and user base are multiplying, but its biggest challenges are perhaps yet to be come. Governments are cracking down on the app as it has also emerged as also a go-to place for dissent.
- 19 Feb 2021 1:46 PM IST
Coronil gets Ayush Ministry certification as per WHO scheme: Patanjali
The company claimed that it is the first evidence-based medicine to fight COVID-19.
- 19 Feb 2021 1:46 PM IST
These 6 stocks turn multibaggers as companies' sales clock at least 20% growth in last 4 quarters
Eleven companies, with a market cap of more than Rs 500 crore, have seen at least 20 percent growth in sales year-on-year in the last four quarters. Six of them gained over 150 percent and turned multibaggers.
- 19 Feb 2021 1:44 PM IST
China Plus One: Get aggressive with trade deals and partnerships
The government has taken several steps, such as the IBC and PLI schemes, to bolster its case as an attractive investment and manufacturing destination to corporations and countries with a China Plus One strategy
- 19 Feb 2021 8:50 AM IST
4 stocks under F&O ban on NSE
BHEL, Canara Bank, Vodafone Idea and SAIL are under the F&O ban for February 19. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
- 19 Feb 2021 8:50 AM IST
FII and DII data
Foreign institutional investors (FIIs) net bought shares worth Rs 903.07 crore, whereas domestic institutional investors (DIIs) net sold shares worth Rs 1,217.34 crore in the Indian equity market on February 18, as per provisional data available on the NSE.
- 19 Feb 2021 8:49 AM IST
US jobless claims jump to 861,000 as layoffs stay high
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections. Applications from laid-off workers rose 13,000 from the previous week, which was revised sharply higher, the Labor Department said Thursday. Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009.
- 19 Feb 2021 8:49 AM IST
India's domestic air passenger traffic down 40% to 77.34 lakh in January
India's domestic air passenger traffic declined around 40 percent to 77.34 lakh in January 2021 over the year-ago period as the pandemic continues to hit air travel demand, as per the monthly traffic data released by the aviation regulator, DGCA on Thursday. The total number of passengers flown by the Indian carriers on domestic routes in January 2020 was 1.27 crore. The passenger load factor during the previous month has shown a declining trend compared to December primarily due to the tourist season, the DGCA said.
