Stock recommendations from HDFC Securities: Buy Hindustan Unilever, Infosys

Stocks under 200-working day moving ordinary (DMA) have attained to 89 for each cent in BSE. In March 2008, When Nifty manufactured the base on a closing basis, ninety eight for each cent stocks had been under their respective 200 DMAs., Through December 2011 and September 2001 bottoms, these quantities had been 91 for each cent and 94 for each cent, respectively.

Relative Power Index (RSI) on the monthly charts has attained oversold zone for the very first time at any time in the Sensex. From the all-time high of twelve,430, registered in January 2020, the Nifty has witnessed a

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Quarantine within units, extended leave mark Armed Forces’ war on Covid-19

In excess of a few months due to the fact the outbreak of the coronavirus in China’s Wuhan province, India is on a state of alert as the pathogen can make its way from 1 state right after one more. The Health and fitness Ministry which is leading the demand on the pandemic has roped in the armed forces as the initial respondent to the disaster.

Though the Indian Army was the initial to set up a quarantine facility in Manesar, which has due to the fact been improved to 5 across India, a good circumstance in the Ladakh Scouts

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Travel start-ups hit a bumpy road amid restrictions due to coronavirus

Four months ago when a Bengaluru-based get started-up concentrated on specialized niche journey tourism for corporate executives produced its pitch to buyers, its prospective buyers seemed promising.

The company was reporting a 10-15 for each cent advancement in its bookings yearly — with prospective for even greater advancement.

Then, nearly overnight, the phone calls for cancellation surged. As the coronavirus pandemic unfold through the globe and 1 following a further international locations cancelled inbound flights, the story turned upside down, leaving the promoters, all in their early 30s, devastated.

There are above 3,000 travel-tech get started-ups in this area currently

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As Covid-19 grips economy, firms uncertain about impact on bankruptcies

A promoter of a stressed mining corporation had been functioning with financiers for weeks, just about all set with a program to attain a settlement with the financial institutions. The offer was about to be shut. But very last week, the financial investment committee formed to give the final go-forward refused to talk about the program owing to the improved current market dynamics amid the COVID-19 pandemic. The corporation, a particular person shut to the subject reported, is now experiencing the risk of individual bankruptcy.

“Many money who invest in such assets do it through their indirect portfolio which contains

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