V-shaped recovery for global equities not impossible: Jim O’Neill

Looks like some logic and rationality is coming back into financial markets. Now that there is a ray of hope on the medical front that the number of cases are getting either peaked out or the number of recoveries are increasing, markets are in a mood to celebrate.It does look as though the markets have […]

Shares ease on mounting global coronavirus infections and fatalities

On the Vietnamese market, selling pressure slammed many stock groups, hindering indices from maintaining their momentum. Large-cap stocks such as Bao Viet Holdings (BVH) decreased by 6.1 per cent to VND44,900 per share, Phu Nhuan Jewellery (PNJ) lost 4.4 per cent, Masan Group (MSN) declined 3.5 per cent, Vingroup (VIC) slumped by 2.6 per cent.

Madhusudan Kela’s three deep value ideas for this market

We have seen the government action where they have tried to help the poorest of the poor by DBT. That is a step in the right direction; helping those who are really struggling to even eat daily bread. Then the RBI on expected lines brought rates down and they have come out with a moratorium […]

It will take a couple of years for market to bottom, not 1-2 months: Daniel Niles

Talk to us about the indicators which you saw? When the lights turned from green to amber and you called out the case for correction building in?There are a couple of things. We were worried about the coronavirus back in January and in late January, we started selling the stocks that we owned, either hedging […]

Enforcement Directorate names Jignesh Shah, Joseph Massey in NSEL case chargesheet

MUMBAI:FTIL founder Jignesh Shah, MCX-SX’s Joseph Massey and former NSEL CEO Anjani Sinha are among 68 accused named in the Enforcement Directorate (ED) chargesheet in the National Spot Exchange scam case. Officials said in the over 20,000-page prosecution complaint, the agency has chronicled how theRs 5,600 crore payment crisis scam was perpetrated. The agency, sources […]

Can you always make money by investing in a falling market?

Note: Return calculated on investment of Rs.10,000 on all dates in column 1 of Table 1 up to 9 Mar 2009.The above tables show us the potential of investing in a falling market. The rate of return kept improving whenever invested at lower Sensex levels and the best return was from investments done around Mar […]

Why stock markets are stuck in limbo

“In the oil market, it seems quiet before the storm,” Bjornar Tonhaugen, head of oil markets at the consultancy Rystad Energy, told clients Wednesday. “At the moment, prices are so volatile that any news or leaks about the direction of the negotiations could move them either way.”

Indian scientists at IIL join global race to develop Covid-19 vaccine

The IIL is already working with Griffith University for development of a Zika virus vaccine, which is currently at pre-clinical toxicology testing stage. The codon de-optimization technology has been successfully employed to reduce the virulence of several RNA viruses including Enterovirus C (Poliovirus), HIV type 1 and Zika virus.

Stock market receives positive breeze

Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that […]

NSEL case: Massey moves court for anticipatory bail

Mumbai: A day after the Mumbai police arrested Shashidhar Kotian, a former CFO of NSEL, for his alleged role in the Rs 5,600-crore scam that brought down the spot exchange, Joseph Massey, a former director of NSEL, applied for anticipatory bail before a special MPID court on Friday. The Economic Offences Wing (EOW), investigating the […]