Top Story
May 4, 2021
LONDON: A return to unrestricted trading for hospitality from June 21 is “critical” and will mean firms can “come off life support”, an industry chief has said.
Social distancing rules will reportedly be ditched next month to allow pubs, restaurants and theatres to open to full capacity for the first time in more than a year.
One-way systems, screens and mask-wearing while moving around might remain for hospitality venues but customer numbers will no longer be limited, The Times said.
Audiences in theatres and cinemas will have to wear face coverings during performances, while there will be strict guidance on ventilation and staggered entry, the newspaper reported. On Sunday, Foreign Secretary Dominic Raab said “some safeguards” may stay in place when legal restrictions end, such as continued use of masks and physical distancing.
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eClerx Services (₹1,266.5): Buy
Akhil Nallamuthu
BL Research Bureau |
Updated on
May 04, 2021
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The year of 2021 has been sluggish for the stock of eClerx Services until recently. Since the beginning of this year, it was largely oscillating within the range ₹920 and ₹1,040. But in the final week of March, the stock broke out of the resistance of ₹1,040. However, the stock could not extend the uptrend, as it started to chart a sideways trend. Since the beginning of April, it has been held within the price levels of ₹1,120 and ₹1,250.
The last few trading session has been good for the stock as it posted gains in the consecutive days and on Monday, it breached the resistance at ₹1,250. The stock bounced off the 21-day moving average and the relative strength index is showing a fresh uptick. The moving average convergence divergence indicator on the daily chart, which showed weakness in the past couple of days, is now turning its trajectory upwards.
In a regulatory filing, RIL said that pursuant to the Letter of Offer dated May 15, 2020, the company had issued and allotted, on rights basis, over 42.26 crore equity shares of the face value of Rs 10 each as partly paid-up equity shares (Rs 2.50 paid-up per share).RIL