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Nifty to open below 15,000 amidst weak global cues - The Hindu BusinessLine


Nifty to open below 15,000 amidst weak global cues
March 05, 2021
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Most Asia-Pacific markets slumped in excess of 1% in early trade on Friday while US stocks declined overnight
The Indian markets are likely to open sharply lower on Friday, due to weak global cues and on profit booking. Cues from SGX Nifty suggest that Nifty is most likely to open below 15,000-mark. The SGX Nifty is hovering around 14,880, a decline of about 220 points, against the Nifty futures that on Thursday closed at 15,106.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities, said: “We witnessed a sharp decline (on Thursday) in our market mainly due to the sudden jump in the long-term bond yields of the US. The steady growth in the economy leads to a steady rise in the bond yields and therefore, the market should start offering discounts in the medium to long term.” ....

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Isgec Heavy Engineering Ltd develops Special Inconel Weld Overlay Process


Isgec Heavy Engineering Ltd develops Special Inconel Weld Overlay Process
Posted On:
2021-02-19 07:09:27
(Time Zone: Arizona, USA)
Isgec Heavy Engineering Ltd has developed a special capability for Inconel Weld Overlay process. This process is qualified as per ASME and EN Standards and opens up the Global Market, including in the European Union. This has been developed at the Boiler Manufacturing and Piping plant of Isgec located at Rattanagrh, Haryana. The Plant caters to Isgec s Boiler and Pressure Part global clientele.
This recent development enables Isgec to cater to its customers in Waste to Energy, Fired Heaters, and Special Projects where weld overlay is needed on membrane wall (water wall) tubes and pipes. ....

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