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market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

Explore Now NEW DELHI: Nifty saw a gap down opening on Tuesday, but soon recovered in the intraday session to form a bullish candle on the daily chart. The headline index snapped its four-day winning streak as it traded lower than the previous session s trading range. Market reacted to the global fear of a rise in inflation, which many fear could trigger a Fed rate hike earlier than anticipated, said Ajit Mishra, VP - Research at Religare Broking. Nifty has been struggling to cross the 15,000-mark for the last two months and is witnessing a slide again after almost reaching that level. However, we feel the downside could be capped this time due to the existence of a support around 14,600 zone, he added.

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Century Plyboards: Fibreboard import levies to boost Century, Greenpanel

Fibreboard import levies to boost Century, Greenpanel Around 76 per cent of revenues in the first nine months of FY21 came from MDF. Greenpanel’s brownfield expansion over FY22 would take its capacity to 650,000 cubic metres. Synopsis Rushil Decore got around 45 per cent of its revenue in the first nine months of FY21 from MDF. The company will commercialise its 240,000 cubic metre plant soon, said DAM Capital. Rushil Decor reported a 65 per cent fall in net profit at Rs 8.53 crore for the nine months ended December. The stock is down 17.9 per cent for the last month but up 29.73 per cent so far this year

Republic ofSri lankaGreenpanel industriesCentury plyboardsRushil decorDirectorate generalTrade remediesIcici securitiesDirectorate general of trade remediesகுடியரசு ஆஃப்ஸ்ரீ லங்காகிரீன் பேனல் தொழில்கள்சிஇஎன்டியுவ்ஆர்ஒய் பிலிிபோாறட்ஸ்இயக்குநரகம் ஜநரல்வர்த்தகம் வைத்தியம்இஸிசீ பத்திரங்கள்

Anti-dumping duty recommended for fibre boards from Vietnam, Malaysia, Thailand and Indonesia

April 22, 2021 × The Directorate General of Trade Remedies (DGTR) has recommended definitive anti-dumping duty on ‘Plain Medium Density Fibre Board’ (thickness less than 6 mm) imported from Vietnam, Malaysia, Thailand and Indonesia. Greenply Industries/ Greenpanel Industries and Century Plyboards (India) Ltd had filed the petition seeking anti-dumping probe on such fibre boards from these countries. Plain MDF Board is a composite wood product made out of wood waste fibres glued together with urea formaldehyde resin or melamine resin by applying heat and pressure. It is widely used for partitions, modular furniture and cabinets due to its smooth and uniform finish. The current investigations does not cover within its scope laminated MDF Board.

Republic ofGreenply industries greenpanelCentury plyboards india ltdDirectorate generalTrade remediesPlain medium density fibre boardGreenpanel industriesCentury plyboardsகுடியரசு ஆஃப்க்ரீண்ப்லி தொழில்கள் கிரீன் பேனல்சிஇஎன்டியுவ்ஆர்ஒய் பிலிிபோாறட்ஸ் இந்தியா லிமிடெட்இயக்குநரகம் ஜநரல்வர்த்தகம் வைத்தியம்கிரீன் பேனல் தொழில்கள்சிஇஎன்டியுவ்ஆர்ஒய் பிலிிபோாறட்ஸ்

Basic materials shares gain

Basic materials shares gain
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Ahead of Market: 12 things that will decide stock action on Monday

Ahead of Market: 12 things that will decide stock action on Monday
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