Tag: Biden

Weekly Trigger (Apr 26 – Apr 30)

Trigger for the Week How will it impact? ·        Nifty closed the week below 14,350 with unfavourable A/D ratio ·        The sell-on-rises undertone in the market is likely to continue in the coming week too   ·        Rising coronavirus cases remains the biggest risk factor ·        Daily Corona afflictions have crossed 3.50 lakhs and some

Daily Market Update – Dec 18th 2020

Defence Ministry approved the purchase of weapons and military equipment worth Rs.28,000 crore. The quick approval assumes significance as the border stand-off with China continues. The good news for the Indian defence companies is that out of this total allocation, Rs.27,000 crore will be allocated to acquiring equipment and weapons locally. This will be a