The vaccine freezer plays a very critical role in the safety of vaccines and its potency as Russias Sputnik Vaccine, made available in India through Dr Reddy s, requires a temperature range of minus -18 degrees celsius, to keep the vaccine stable and potent.
Sensex and Nifty were likely to open higher as Nifty futures on the Singapore Exchange rose 49 points higher at 15,758 today. On Friday, Sensex fell 132 points as banking stocks saw profit-booking post Reserve Bank of India s monetary policy announcement
As D-Street sits at record high, new stocks, sectors climb up in pecking order
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Various strategy reports suggest brokerages are getting positive on banking stocks even as they have turned cautious on metals.
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They have also turned ‘overweight’ on industrials, telecom and utilities amid reasonable valuations, become neutral on staples and underweight on pharma stocks.
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NEW DELHI: Benchmark equity indices may have started showing fatigue after the relentless rally to record highs, but most analysts do not expect the ongoing rally to stop here. Notwithstanding the short-term volatility, select brokerages project Nifty50 to breach the 16,000 mark by end-December, and the 17,500 mark in next 18 months.
Analysts said a cut in the GDP growth forecast for FY22 is all likely. To give growth a chance, the six-member MPC is expected to maintain the status quo on the policy rate and maintain an accommodative stance, despite the prevailing inflation worries, they said.