Conflicting signs from the US and China on the trade deal and the Reserve Bank of India’s status quo on rates put brakes on the bull surge as both the Sensex and the Nifty closed the week with losses of about 1 percent.The Nifty, which hit a record high of 12,158 last week, failed to hold onto the momentum and closed with losses of 1.1 percent for the week ended December 6.The Sensex, which rose to a record high of 41,163 last week, ended with losses of 0.85 percent for the week ended December 6.Close Let’s look at the final tally for December 6–the Sensex fell 334 points or 0.82 percent to 40,445 , while the Nifty closed with losses of 0.81 percent to 11,921. related news Hot Stocks: Consolidation likely but 11,900 likely to act as crucial support for Nifty Closing Bell: Nifty ends below 11,950, Sensex falls 334 pts; PSU banks worst hit Early on D-Street | Bulls should remain in control as long as Nifty holds above 11,950 Sectorally, action was seen in the … [Read more...] about Taking Stock: RBI shock hits D-St for second day; Nifty holds 11,900
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Stocks in the news: Yes Bank, Tata Motors, M&M, Bank of Baroda, Narayana Hrudayalaya
Here are some stocks that are in the news today:Yes Bank: Moody's downgraded bank's ratings and assigned negative outlook.Allcargo Logistics: The company will buy 1.04 crore shares of Gati at Rs 75 per share and to make an open offer for 26 percent Gati stake at Rs 75 per share.Close VST Tillers: November tractor sales down 10 percent at 568 units against 628 units and power tillers sells down 70 percent 1238 units against 2108 units, YoY related news Weekly Tactical Pick: M&M risk-reward enters favourable terrain Why RBI's status quo was in the offing Bank of Baroda: Board approved raising up to Rs 1,850 crore in Tier-I bonds.Tata Motors: JLR November UK sales fell to 8,199 units against 9,055 units YoY.RBL Bank: QIP closes, raises Rs 2,025 crore at Rs 351 per shareMahindra & Mahindra: The company acquired 36.63 percent of the equity share capital of Meru in the first tranche of investment.Majesco - Aite Group named comapny the top “Best-in-Class” Vendor … [Read more...] about Stocks in the news: Yes Bank, Tata Motors, M&M, Bank of Baroda, Narayana Hrudayalaya
5 NBFC stocks brokerages recommend for your basket as the sector looks for turnaround
Non-Banking Financial Companies (NBFCs) have been under severe pressure for over a year, but the sector now appears ripe for a turnaround.Most NBFCs had a decent quarter amid a challenging environment as they reported steady net interest margins (NIMs) despite an increase in borrowing costs."A lot of pieces are falling in place for NBFCs. Stronger liability profile supported by more diversified, granular and longer duration bank borrowings, deposits and securitisation along with the lower cost of borrowing and normalisation of credit spreads, and a significant improvement in overall system liquidity will aid in a return of confidence to the sector," said JM Financial in a report on December 2.Close With lower valuations, JM Financial believes the sector is attractively placed in the context of improving liquidity conditions, lower funding costs and lower credit spreads going ahead. related news This stock has gained 77% in the last 14 consecutive sessions Shakti Pumps shares … [Read more...] about 5 NBFC stocks brokerages recommend for your basket as the sector looks for turnaround
Huawei dominates DxOMark’s lists with Nova 6 5G claiming best selfie camera score
Huawei’s software woes have been laid bare for the world to see. With the Android license ban still in effect, the company doesn’t have access to Google’s mobile services, which has led to a dip in sales of Huawei and sub-brand Honor smartphones outside China.However, despite its software woes, Huawei doesn’t seem to be slowing down on the hardware front, particularly in camera performance. The Huawei Mate 30 Pro already tops DxOMark’s list for the best overall camera, and now another Huawei smartphone has recorded the best selfie score.The recently unveiled Huawei Nova 6 5Grecently attainted a selfie score of 100 points on DxOMark’s list of best performing selfie cameras. The Nova 6 beats out both the Samsung Galaxy Note 10+ 5G (99 points) and the Asus 6z (98 points), the former which is priced at twice the cost of the Nova 6 and the latter which uses the primary rear cameras to take selfies.Close The Nova 6 5G sports dual front cameras in the wide … [Read more...] about Huawei dominates DxOMark’s lists with Nova 6 5G claiming best selfie camera score
14 Stunning Photo Essays That Show Our Changing World In The Last Year
Although we’re writers at heart at Co.Exist, we’ll admit that photos can be a more powerful medium. These are some of the most compelling stories told in photos on the site this year. They’re a window into important, slow-burning world events, such as the refugee crisis, the rise of income inequality, and the environmental impacts of a growing world population. But others tell inspiring stories of social and personal change, such as this series on amputee veterans and the death of the icon of American consumerism: the shopping mall. advertisement advertisement Others are clever representations of the culture we live in today. This series shows our addiction to smartphones by cutting out the devices from the photo–what’s left is how mentally-checked out we are from our surroundings. Another shows comic book heroes with average bodies, illustrating the distorted body image many of us develop from the media we consume every day. Take the time to … [Read more...] about 14 Stunning Photo Essays That Show Our Changing World In The Last Year