Connect with us

Business

Markets can remain volatile; telecoms actions, focus on Tata Consumer

Avatar

Published

on


MUMBAI : Indian stock markets are expected to remain wobbly on Wednesday. SGX Nifty trends suggest a flat opening for national benchmarks. On Tuesday, the BSE Sensex closed at 49,751.41, up 7.09 points or 0.01%. The Nifty settled 0.22% higher at 14,707.80.

Asian stocks opened lower on Wednesday amid concerns over rising interest rates and rich stock valuations and following a decline in overnight trading in the United States and Europe.

Read also | Bitter truths at home for migrant workers

The Dow and the S&P 500 recovered early losses after Federal Reserve Chairman Jerome Powell reiterated in testimony to the Senate Banking Committee that monetary policy would remain accommodative and would not change without warning.

However, Powells’ testimony did not completely brush aside fears of rising inflation, as economies around the world are expected to rebound more strongly this year than expected, just weeks away from the global vaccine release.

Back home, telecoms actions will be the focus of concern, as the sector regulator may consider lowering the minimum price for 5G spectrum if the government orders it to do so amid fears that prices set for airwaves. could interfere with the deployment of the latest wireless technology.

Tata Consumer Products Ltd will be the focus as it will replace GAIL (India) Ltd. in the Nifty 50 benchmark from March 31, 2021 as part of a six-monthly renewal.

Bharti Airtel Ltd has said it will use technology from US chipmaker Qualcomm Technologies Inc. to deploy fifth generation, or 5G, telecommunications services in India.

Meanwhile, Brazil has fully approved the covid-19 vaccine developed by Pfizer Inc and BioNTech SE, its health regulator said on Tuesday, although a dispute over a supply deal means it has none. none with which to start an immunization program.

Spot gold added 0.1% to $ 1,806.25 an ounce, the dollar index fell 0.037%, the euro up 0.04% to $ 1.2154.

US crude stabilized 3 cents at $ 61.67 a barrel on Tuesday, still near its highest levels since January 2020. Brent stabilized 13 cents, or 0.2%, at 65.37 $ per barrel.

The 10-year US Treasury note fell 1.4 basis points to 1.3551% at the end of US trade. It peaked at 1.389% early Tuesday before Powells’ testimony.

The two-year US Treasury yield, which generally moves in line with interest rate expectations, was little changed at 0.1169%.

(Reuters contributed to the story)

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]