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Can you share your view on the markets after the Sensex touched 50,000 and came back. How do you see the outlook for Friday 22 January 2021?

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diksha shah answered.
13 hrs ago
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On 21 January, the Sensex scaled above 50,000 for the first time ever and even crossed 50,100 briefly. However, the pressure of traders was very high at these elevated levels and eventually the marke ...(Read more)
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Hi Diksha, I have been seeing your ideas and also looking at them closely? Can you tell me about your stock suggestions that are currently open?

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diksha shah answered.
13 hrs ago
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I am not suggesting any changes to the existing ideas. Here is a quick rundown on where the various stock ideas stand and what to do. · Shilpa Medicare given at 460 (CMP- 436) – Hold at Avera ...(Read more)
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Why did the Sensex and Nifty correct so sharply after touch 50,000 on Sensex on 21 January?

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diksha shah answered.
13 hrs ago
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There was a sense of nostalgia when the Sensex broke new highs on 21 Jan 2021. That is because it happened exactly 13 years after that fateful day when the sub-prime implosion in India started with a ...(Read more)
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Can we now assume that the merger deal between Reliance Retail and Future group is finally through with the SEBI approval?

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rhea Babu answered.
12 hrs ago
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Let me put it this way, the legal battle is still on. What has happened on 21 January is that SEBI has given its approval to the deal despite Amazon requesting SEBI not to approve the deal pending th ...(Read more)
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Has there been any positive progress on the BPCL divestment program and how soon does it look likely?

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Riya Dwivedi answered.
12 hrs ago
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While the government has got initial expressions of interest it is looking at something more concrete to be available as an offer. However, the government is confident that the real interest in BPCL ...(Read more)
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What was the reason for the fire at the Serum Institute plant in Pune? Will it impact the delivery of COVID vaccines?

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rhea Babu answered.
12 hrs ago
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Serum Institute, which is part of the Cyrus Poonawala group, is currently manufacturing and marketing the AstraZeneca / Oxford vaccine in India. On 21 January, it faced a major tragedy at its Pune co ...(Read more)
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How do you see the HDFC AMC results for the Dec-20 quarter?

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7 hrs ago
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HDFC AMC reported 8.17% fall in Dec-20 quarter consolidated revenues on a yoy basis at Rs.481.86 crore on slower flows into mutual funds. For the quarter, the operating profits were down 7.28% at Rs. ...(Read more)
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Why were Federal Bank results down in the Dec-20 quarter?

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shrinidhi Rajan answered.
8 hrs ago
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Federal Bank reported third quarter net profit down 7.4% at Rs.418 crore due to higher provisioning for doubtful debts. For the Dec-20 quarter, Federal Bank reported 6.63% growth in revenues on a yoy ...(Read more)
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