Indian markets have offered many value buying options amid panic sell-off led by COVID-19 lockdowns.
News in Focus
Mukesh Ambani’s latest ecommerce venture JioMart has launched in additional cities across India after the company ran a pilot project in Mumbai.
Market expert Ashwani Gujral suggested three BUY calls and two SELL calls for Friday.
Argentina has defaulted on its sovereign debt for the ninth time.
Bosch India Managing Director Soumitra Bhattacharya feels that Indian automobile sector will need around 3-4 years to recover from the economic slowdown which Indian economy was facing before COVID
Car rentals major Hertz Global has filed for bankruptcy as the company failed to reach a deal with creditors in order to survive coronavirus pandemic led lockdowns.
Main Regional Stories
Market analyst Prakash Gaba has suggested two BUY calls and two SELL calls for traders today. Indian markets could trade in a narrow range today as Asian markets have been mixed and US market closed half percent lower on Thursday.
Indian government and RBI have been announcing various measures to improve lending to small and medium businesses.
Zomato and Swiggy have been facing tough time to improve their margins and make money in highly competitive food delivery space. Both the companies recently announced cost cutting measures to improve their performance.
FMCG and cigarettes major ITC moved 7 percent and closed Rs 189 after the company announced that it has resumed supplying of cigarettes as the government has eased lockdowns.