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SEBI Asks Listed Companies to Disclose Financial Impact of Lockdown on Business

Securities and Exchange Board Of India (Sebi) has asked listed companies to disclose the expected impact of lockdown on business revenues and profits. Lockdown has resulted in distortions in the market due to the unavailability of the operations information of a company.

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Business News Markets News Stocks

Dalal Streets : Odds are in Favor of Bears

The Domestic equity market traded in a narrow range but with wide overnight gaps during the last week. Making people cautious of open positions. Faint-hearted traders are out of Dalal Street, as nifty futures open interest fell lowest in the 15 years, making market going in uncharted dominion.

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Business News Markets Stocks

Tech POV : Nifty 50 Chart Shows Bear in the Driver’s Seat

New Delhi: On Thursday, Nifty 50 crashed in the middle of weekly option contracts. As index formed a bearish candle on Thursday. If following daily chart then bears were in the driver’s seat following Wednesday’s bearish belt hold. Analysts quote that the index may face resistance breaching point at 9250 while supported by the 9050 points.