The Nifty is expected to open higher on December 13, following a positive trend seen in other Asian markets, after media reports suggested that the United States has agreed to reduce some tariffs on Chinese goods and delay a tranche of tariffs as part of a phase one deal.China also has agreed to make $50 billion in agricultural purchases in 2020 as part of the deal, reports Reuters.Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 30 points gain. Nifty futures were trading around 12,050 levels on the Singaporean Exchange.Close On December 12, the 30-shares Sensex closed 169 points, or 0.42 percent, higher at 40,581.71 and Nifty shut shop at 11,971.80, with a gain of 62 points, or 0.52 percent. related news What changed for the market while you were sleeping? Top 10 things to know Early on D-Street | Nifty may continue upward march, but 12,081 critical resistance for short-term The rupee pared most of its early gains and settled … [Read more...] about Market Headstart: Nifty is seen opening higher; HDFC Life, Avanti Feeds top buys
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5G has been the emerging trend in 2019 with superpowers investing heavily in winning the 5G race. 2019 also saw quite a few 5G smartphones from almost every mainstream brand, including Samsung, LG, Vivo, Xiaomi, Oppo, ZTE, Huawei, and Honor. Despite stiff competition, Samsung has managed to remain dominant in the 5G smartphone space.According to reports, the South Korean tech giant holds the largest market share when it comes to 5G smartphone, dwarfing the competition. Although Samsung’s 5G market share dropped from 83-percent in Q2 2019 to 74-percent in the third quarter, volumes increased from 1.5 million to 3.2 million.The new analyst figures suggest that LG’s 10-percent share puts it at second place with 0.4 million 5G smartphones shipped. Vivo has also managed above-average figures, considering the company shipped 0.4 million units in Q3 2019. Samsung’s success can be attributed to the fact that it has the highest number of 5G handsets in the market and was the … [Read more...] about Samsung dominates 5G smartphone market with a 74-percent share
The tech company Basecamp has a mostly remote staff of less than 60 people. But even its headquarters aren’t in Silicon Valley; Basecamp is in Chicago. Which is why it was a bold move earlier this month when cofounder and CTO David Heinemeier Hansson announced in a blog post that the company is paying its workers according to San Francisco’s labor market. advertisement advertisement Since their employees are scattered all over the globe, it wasn’t clear what the cost of living benchmark should be. According to Heinemeier Hansson, “It started to increasingly seem like an arbitrary choice, and if we were going to make one such, why not go for the best and the top?” So as of January 1, Basecamp employees will receive a salary reflective of the top 10% of what software companies are paying in San Francisco (compared to base pay plus bonus, but not options). They also offer some amazing benefits. ( Put your resumes away, … [Read more...] about Could Paying Top Dollar For Staff Be Worse For The Labor Market?
Positive global sentiment after the US Fed’s dovish stance on future rate trajectory and government's measures to ease rules for shadow banks helped Indian equity benchmarks extend the gains into the second consecutive day on December 12.The Union Cabinet on December 11 approved the Partial Credit Guarantee Scheme to help non-banking finance companies (NBFCs) and housing finance companies (HFCs) with liquidity and thereby to provide stimulus to the real estate sector and the economy at large by enhancing credit flow.Close "This is a good initiative which will empower NBFCs & HFCs in short term liquidity stress, which, in turn, will enable them to contribute to the last mile lending to viable real estate players," said V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services. related news Trade Setup for Friday: Top 15 things to know before Opening Bell In The News podcast | Massive protests against CAB in Northeast; Rohingya massacre case at ICJ; UK … [Read more...] about Early on D-Street | Nifty may continue upward march, but 12,081 critical resistance for short-term
Following positive Asian cues the Indian benchmark indices are trading in green with Nifty up 30 points at 11,878 while the Sensex gained 123 points and is trading at 39,715 level.Nifty Realty is the outperforming sector, up over 2 percent led by Indiabulls Real Estate which jumped 5 percent followed by Prestige Estates, Oberoi Realty, Sunteck Realty, Unitech, Godrej Properties and Brigade Enterprises.Auto stocks are also buzzing led by Ashok Leyland, Eicher Motors, Motherson Sumi Systems, Mahindra & Mahindra, Tata Motors, Tata Motors DVR and TVS Motor Company.Close However, pharma stocks are down in this morning session led by Aurobindo Pharma, Dr Reddy's Labs, Glenmark Pharma, Sun Pharma and Divis Labs. related news Market Live: SGX Nifty indicates a positive opening for Indian indices SBI Cards to list commercial paper on BSE for an issue size of Rs 400-cr Trade Setup for Friday: Top 15 things to know before Opening Bell India VIX is down 0.88 … [Read more...] about D-Street Buzz: Nifty Realty outshines led by Indiabulls Real Estate; Bharti Infratel up 2%