US indices end with gains for best week in 10 years as Dow Jones reclaims 24000, while Nasdaq records gains for 2020. Banks, financials and consumer stocks lead the gains while energy stocks see weakness persist. Bond yields remain range bound trading close to 0.65%, while WTI crude hits 20 year lows.
Asian indices opened in the red led by the Japanese Nikkei as profit booking emerged after a superb last 2 weeks as virus cases continued to see recurrence in select countries. The Nikkei was trading down 180 points in early trade as markets await data for growth from China and some more color on restarting of industries.
The Nifty closed with gains on Friday as optimism on the back of strong global cues enabled the index to close near 9300. Banks led the gains as RBI pumped more money into the system by cutting the reverse repo and allocated more funds for the MSME & NBFC sectors. Value buying/short covering saw NBFC stocks react sharply to the upside with mid caps being the week’s winners.
Technical view:Nifty will find support around 9100, while 9500 will act as resistance on the upside. Bank Nifty finds support around 20200, while 21200 will act as resistance on the upside.
Corporate and Economy Snippets:
Kotak Mahindra Bank will consider raising of equity capital through private placement, FPO, QIP at its board meeting on April 22.
Tata Motors Jaguar Land Rover retail sales in FY20 fell 12.1% vs. last year.
RBI measures for NBFCs unlikely to boost credit flow to broader economy: Moody’s
NHAI to resume toll collection on national highways from April 20.
Very informative blog article. Much thanks again. Cool. Keelia Pietrek Longan
For most recent news you have to visit world-wide-web and on world-wide-web I found this website as a most excellent site for most recent updates. Eadie Amerigo Evangelina
Pretty! This has been a really wonderful article. Many thanks for supplying this information. Liva Marco Rudelson
What a data of un-ambiguity and preserveness of precious experience regarding unexpected emotions. Anett Evelin Joana
Pretty! Thiss was an extremely wonderfu article. Thanks for supplying this info. Marleah Tod Lissa
Just want to say your article is as amazing. The clarity in your post is simply excellent and i can assume you are an expert on this subject. Fine with your permission let me to grab your RSS feed to keep updated with forthcoming post. Thanks a million and please continue the rewarding work. Iolanthe Gayelord Delisle
Ridiculous quest there. What occurred after? Good luck! Ailis Bond Venice
Do an individual have a spam concern on this website; I actually also am a tumblr, and I desired to understand your situation; many associated with us are suffering from some good methods, and are looking in order to trade methods with other people, why not shoot me personally an e-mail if curious. Elianora Barnett Pradeep
Everything is very open with a clear clarification of the issues. It was truly informative. Your website is useful. Many thanks for sharing! Edithe Paton Serrell
I am very close to turning 69 and I plan to take my CPP at 70. OAS I might take a little sooner but I hope to hold out until 70. Both are sure things and indexed to inflation. I think it is worth waiting. Kaela Sterne Wager
I have been absent for some time, but now I remember why I used to love this web site. Thank you, I will try and check back more often. How frequently you update your site? Gerladina Ethan Matusow
Having read this I believed it was rather informative. I appreciate you finding the time and energy to put this article together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worthwhile!| Marilyn Jamison Sidwell
As I website possessor I believe the content material here is rattling fantastic , appreciate it for your hard work. You should keep it up forever! Best of luck. Sherilyn Artemas Debora
Great blog post. Really looking forward to read more. Want more. Elnore Jereme Fernandez
As a Newbie, I am always searching online for articles that can benefit me. Thank you Sharron Niels Leonie
Thank you for the update. Praying this is the treatment that will kick it out. So nice & important to have a close family. Oh & that little grandson what a great gift & so cute. Think of you often. Keep up the strength like you have been. Love ya Barb. Esther Irwin Recor
Today, while I was at work, my sister stole my iphone and tested to see if it can survive a 25 foot drop, just so she can be a youtube sensation. My iPad is now destroyed and she has 83 views. I know this is entirely off topic but I had to share it with someone! Josephine Jess Thayne
I am regular visitor, how are you everybody? This article posted at this web site is really pleasant. Jacquenetta Abbey Bondie
I am truly happy to glance at this web site posts which carries tons of useful facts, thanks for providing these statistics. Bernadine Felizio Keverian
You made some decent points there. I checked on the internet for additional information about the issue and found most people will go along with your views on this web site. Adelaide Pace Jedthus
Greetings! Very useful advice in this particular post! Darci Westbrook Lavona
Thanks for any other informative blog. Where else may I get that type of info written in such an ideal means? I have a challenge that I am simply now running on, and I have been at the glance out for such information.| Jeri Ely Wind
Paragraph writing is also a fun, if you be acquainted with after that you can write otherwise it is complicated to write.| Alvinia Jerrie Gemoets
Hi, always i used to check webpage posts here in the early hours in the morning, as i enjoy to gain knowledge of more and more. Jennette Edmund Piwowar
Thank you so much for this message. I have been confused on what exactly to pray for but this helps so much. Praise be to God! Anneliese Connie Teriann
I blog frequently and I really thank you for your information. This article has really peaked my interest. I am going to bookmark your website and keep checking for new details about once per week. I subscribed to your Feed too. Guinna Giuseppe Stephan
I enjoy reading through a post that will make men and women think. Also, thank you for permitting me to comment! Analise Farleigh Valentino
Pretty! This has been a really wonderful post. Many thanks for supplying this information. Frank Maddie Lorenzo
looking forward to seeing the video,I too was a Diana and V fan. Great team work from everyone. Julienne Jamison Castora
Greate post. Keep posting such kind of info on your page. Josy Thorpe Elodia
Hello there. I found your website by means of Google at the same time as looking for a comparable subject, your site came up. It appears to be good. I have bookmarked it in my google bookmarks to come back then. Kathleen Gale Woolley
I see something genuinely special in this web site. Myranda Gerrie Hluchy
After checking out a few of the blog posts on your blog, I seriously like your technique of blogging. I book marked it to my bookmark site list and will be checking back in the near future. Please check out my web site too and let me know your opinion. Kore Massimo Marguerita
Hello there. I found your website by the use of Google even as searching for a comparable subject, your web site got here up. It seems great. I have bookmarked it in my google bookmarks to come back then. Starlin Hewitt Xenos
I am not very superb with English but I find this very easygoing to translate. Genvieve Gardiner Lemaceon
I like it when folks get together and share views. Great website, continue the good work! Cathyleen Christos Cerveny
I love reading an article that will make men and women think. Also, many thanks for permitting me to comment. Cecilia Isac Teressa
Having read this I believed it was rather informative. I appreciate you finding the time and effort to put this article together. I once again find myself spending way too much time both reading and commenting. But so what, it was still worth it! Celene Morry Claudelle
Just wanna input that you have a very decent internet site , I the layout it actually stands out. Evelina Nobie Jac
Hey, thanks for the post. Thanks Again. Really Great. Kerianne Alyosha Uriiah
Some need to protect very valuable information. All these factors should be taken into account. Daryl Aguste Arline
Amazing blog layout here. Was it hard creating a nice looking website like this? Anett Corbin Coady
Merely wanna input on few general things, The website style and design is perfect, the content material is rattling great : D. Lissie Boyd Illene
Have you ever considered writing an ebook or guest authoring on other blogs? I have a blog centered on the same topics you discuss and would really like to have you share some stories/information. I know my subscribers would enjoy your work. If you are even remotely interested, feel free to send me an e-mail. Rafa Spike Jose
Right away I am ready to do my breakfast, after having my breakfast coming over again to read other news.| Hyacinthie Beauregard Lisandra
After I originally commented I appear to have clicked the -Notify me when new comments are added- checkbox and from now on every time a comment is added I get four emails with the exact same comment. Perhaps there is an easy method you are able to remove me from that service? Many thanks! Elysha Reese Robbin
Hi there. I found your website by way of Google whilst searching for a related matter, your site got here up. It appears great. I have bookmarked it in my google bookmarks to visit then. Sonnie Earl Rozanne
Good day! I simply would like to offer you a huge thumbs up for your great information you have here on this post. I will be returning to your web site for more soon. Kristen Franky Lyudmila
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why throw away your intelligence on just posting videos to your site when you could be giving us something enlightening to read? Gae Rice Morris
You made some nice points there. I looked on the internet for the subject matter and found most individuals will agree with your site. Dottie Kristofor MacCarthy
Great blog! Do you have any tips for aspiring writers? Karita Hermie Odericus
Hi, Neat post. There is a problem with your web site in web explorer, may check this? IE nonetheless is the marketplace chief and a big section of folks will omit your excellent writing because of this problem.| Daffi Park Bainter
I could not refrain from commenting. Very well written! Allix Gorden Nahshun
Every as soon as inside a when we pick blogs that we read. Listed beneath are the newest sites that we pick out. Judie Casper Morie Susannah Lisle Siesser