"During past instances like coronavirus, markets fell gradually and recovered gradually. This time the fall has been vertical and that, too, in a matter of few days. Going by past precedents, the recovery in markets (post containment of such epidemics) is equal or higher than the fall. As the fall has been too-fast-too-soon, markets have gone into the oversold zone (i.e. RSI of Nifty-50 has gone to 25 levels)," Rusmik Oza, Senior VP (Head of Fundamental Research-PCG) at Kotak Securities, said. … [Read more...] about Sensex suffers second worst fall in history; time for bottom fishing?
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The month of February which got off to a shaky start especially after Budget 2020 and the Reserve Bank of India's Monetary Policy Committee (MPC). On the domestic front, bears took control of D-Street weighed down by rising concerns of a slowdown in growth, and muted earnings growth for December quarter; while on the global front, rising concerns of coronavirus (COVID-19) ignited risk-off sentiment. … [Read more...] about Investors lose nearly Rs 10 lakh crore in February; 25 BSE stocks buck trend
Shareholders of Bharti Airtel have approved proposals to raise up to $2 billion in equity and another $1 billion in debt. The proposal for issuance of securities for amount up to $2 billion received 99.99 percent votes in favour of the special resolution at the company's EGM held on January 3, a regulatory filing showed. … [Read more...] about Market Headstart | Info Edge, Muthoot and 3 other stocks moved to largecap category
A revival is nowhere in sight. For Prakash, who borrowed Rs 1 lakh from his father to start Educomp Solutions, how he manages to get out of this sticky situation will be keenly watched.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about A look at the rise and downfall of ed-tech messiah Shantanu Prakash
The biggest change could be a change in the way the examination is conducted. It is likely that students may get two to three chances every year to give the examination to reduce the stress of failure. Further, schools could be advised to have more regular semester examinations rather than one board examination where a lot of ‘high stakes’ are involved. … [Read more...] about National Education Policy: Here’s what will change for students in schools and colleges