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Nifty to tumble over 130 points on weak global cues - The Hindu BusinessLine

Nifty to tumble over 130 points on weak global cues April 30, 2021 Spotlight will be on quarterly results and progress of Covid-19 vaccination Indian markets are expected to open slightly lower on Friday, amidst weak global cues emanated from Asian markets. The SGX Nifty, which currently rules at 14,770 at the Singapore Stock Exchange, indicates at least 130 points gap-down opening for Nifty futures, which on Friday closed at 14,901. According to analysts, the focus will be on progress in Covid pandemic and corporate results. Though the US market closed on strong note overnight, Asian markets from Japan, to Korea; and Australia to Taiwan are ruling weak in early trade on Friday, as China’s crackdown on technology firms affected the sentiment. The US market overnight ended firm due to strong GDP data.

As Israel s economy goes digital, old-line firms struggle to find tech workers

Get email notification for articles from Omri Zerachovitz Follow Apr. 26, 2021 3:16 AM Strauss Group’s home water dispensers are found in 700,000 homes in Israel and abroad. That makes the Israeli company, best known for its dairy and other food products, very much a denizen of the old economy of manufacturing. But the line between companies like Strauss and high-tech has been fading in recent years. In the case of water dispensers, Strauss has developed an app to operate them. Another technology it has developed enables the device to learn a family’s consumption habits and adjust itself accordingly. So, if they usually have their first cup of coffee at 7 A.M., the machine will start to boil water a few minutes beforehand.

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