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“We are not really playing this whole cyclical trade out but clearly empirical evidence seems to suggest that if you do get a correction in some of these stocks, they should continue to do well considering that they are quasi economic indicators, ” says
AQF Advisors.
It is often said that when leadership cracks, that is the time you get worried. Is Bitcoin a crude indicator of how risk in the world is moving? In this kind of a scenario where bond yields and crude are going higher, Bitcoin should have reversed by now?
The Bitcoin market at the best of times is a little opaque. So to say that it is a very efficient indicator is too early as such. This is again a very supply-demand driven oriented market. So I would not really necessarily buy the agreement that the Bitcoin is really an indicator of risk on-off as yet.
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Read more about Lemon Tree Hotels signs new hotel in Biratnagar, Nepal on Business Standard. Lemon Tree Hotels has signed a License Agreement for an 80 room upcoming hotel at Biratnagar in Nepal under the brand Lemon Tree Premier .
Wipro announced that Appirio, a Wipro company, is helping National Grid transform its business with an omnichannel customer experience by unifying its engagement with 68 million customers across two continents.
Bharat Petroleum Corporation (BPCL) has reportedly launched a block deal today, 8 March 2021 to sell up to 4% of its treasury shares worth Rs 3,700 crore. BPCL has set a floor price of Rs 435 per share for the proposed transaction.
Biocon said the board of Biocon Biologics (BBL) has approved allotment of 1,97,99,305 equity shares at an issue price of Rs. 280.31 per share to Beta Oryx, a wholly owned subsidiary of ADQ (Investor). The subscription money aggregating to about Rs 555 crore have been received by BBL from the investor.