{"id":2786,"date":"2020-11-18T06:33:53","date_gmt":"2020-11-18T06:33:53","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=2786"},"modified":"2020-11-27T06:36:59","modified_gmt":"2020-11-27T06:36:59","slug":"todays-coverage","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/todays-coverage\/","title":{"rendered":"Today's Coverage"},"content":{"rendered":"\n

Based on today's coverage and analysis here you will get the idea of ongoings in the stock market.<\/h1>\n\n\n\n
\"\"
Cipla<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

Cipla<\/h2>\n\n\n\n

Cipla signs a licensing agreement with Belgium based firm, Multi G for the distribution of their COVID-19. Rapid Antibody test kit, across most Emerging markets and Europe.<\/p>\n\n\n\n

\"\"
DLF<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

DLF<\/strong><\/h2>\n\n\n\n

DLF saw sales of Rs.750 crore in Q3 & Q4FY21 and expected to clock sales of Rs.1,000 crore beyond M2FY21, whole-time director Ashok Tyagi.<\/p>\n\n\n\n

\"\"
India FII<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

India FII <\/strong><\/h2>\n\n\n\n

FII bought close to Rs.5,000 crore of shares. F & O market, there has been unwinding of shorts 5,100 and addition of 5, longs.<\/p>\n\n\n\n

\"\"
Nifty<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

Nifty<\/strong><\/h2>\n\n\n\n

Bank Nifty wants to go to its all-time high which is visible, it's gone up 22% already this month with 10% from its peak now.<\/p>\n\n\n\n

The big Conundrum right now seems to be that money is chasing large caps to chase. Nifty is its peak valuation and big caps have been underperforming.<\/p>\n\n\n\n

We could be at the cusp of a big\/bull market rally. Reliance remains the only weak link in the Stock Market<\/a><\/strong> right now. <\/p>\n\n\n\n

<\/p>\n\n\n\n

\"\"
Nasdaq<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

Nasdaq<\/strong><\/h2>\n\n\n\n

Nasdaq relatively outperforms the market, its losses capped by a surging Tesla (+8%)<\/p>\n\n\n\n

Betting on Cyclical Recovery <\/strong><\/h2>\n\n\n\n

A combination of strong domestic economic data, corporate earnings upgrades, and favorable vaccine\/ COVID trends are making us more optimistic about the cyclical recovery in India. We raise further weight on banks, materials and L&T says, Jefferies.<\/p>\n\n\n\n

They reduce the weight of staples IT, insurance, 2 -wheelers, and Bharat Forge. He adds the PSU index is also doing well on Rate, SBI & CONCOR are their top PSU kick, which is gaining currencies.<\/p>\n\n\n\n

\"\"
COVID-19 updates in India<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

COVID-19 updates in India<\/h2>\n\n\n\n

India reports 38,617 cases in the last 24 hours; 32% higher than the previous rise. Single-day testing higher from yesterday, but still below 10 lakh. Active cases fall by 6,596 while total cases rise by 38,617 in the last 24 hours in India.<\/p>\n","protected":false},"excerpt":{"rendered":"

Based on today's coverage and analysis here you will get the idea of ongoings in the stock market. Cipla Cipla signs a licensing agreement with Belgium based firm, Multi G for the distribution of their COVID-19. Rapid Antibody test kit, across most Emerging markets and Europe. DLF DLF saw sales of Rs.750 crore in Q3 […]<\/p>\n","protected":false},"author":1,"featured_media":2867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-2786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-stock-market-outlook"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/2786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=2786"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/2786\/revisions"}],"predecessor-version":[{"id":2868,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/2786\/revisions\/2868"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/2867"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=2786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=2786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=2786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}