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Dalal Street Week ahead | 10 key factors that will keep traders busy this week

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3 years ago

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Dalal Street Week ahead | 10 key factors that will keep traders busy this week

The benchmark indices shed around 2.5 percent over the week. The Sensex plunged 1,525 points, or 2.73 percent, to 54,334, and the Nifty50 declined 413 points,. (2.48 percent). Losses were led by auto, banking & financials and consumption stocks.

The coming week is expected to favour bears again, given the elevated volatility unless the Ukraine situation subsides. The election results on March 10 could also influence the market’s direction. Investors will be keeping a careful eye on China’s and the United States’ inflation numbers.

Here are 10 key factors that will keep traders busy next week:

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Ukraine-Russia War:

Russian President Vladimir Putin warned that Ukrainian statehood was in jeopardy. A promised ceasefire in the besieged port city of Mariupol collapsed amid scenes of terror. Ukraine’s President Zelenskyy has asked for weapons from western countries and has sought more sanctions against Moscow.

The United States has asked its citizens to leave Russia immediately over fears of harassment by Russian security officials. Around 1.5 million people have fled Ukraine, triggering the worst refugee crisis of the century. Thousands of Indians, most of them students, have left the war-torn country and are being brought home.

Oil price :

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Worries over rising oil prices raised risks of inflation and worries for corporate earnings. India’s trade deficit could widen as it imports 80-85 percent of its oil requirement.

Global data points :

US and China’s inflation numbers for February will be closely watched by global investors. In January, US inflation hit a 40-year high of 7.5 percent, favouring expectations of more rate hikes in coming quarters.

Relentless Selling Pressure by FIIs :

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Domestic institutional investors offset FII outflow to a great extent. FIIs have sold more than Rs 2 lakh crore worth of shares since October 2021. Experts expect the selling to remain intense and feel the market may get support from DIIs, though the upside is feeling pressure from FIIs.

Economic Data :

Economic and financial data for February will be released on March 3, the Reserve Bank of India (RBI) has said in its latest bulletin. The bank loan and deposit growth for fortnight ended February 25, as well as foreign exchange reserves data for the week ended March 4 will also be published.

Technical View :

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The Nifty has moved closer to its crucial support of 16,130 on March 4. The index has formed a bearish candle, which resembles the Spinning Top pattern. Trend seems to be in favour of the bears with consolidation, says analyst Nagaraj Shetti.

F&O Cues : 

The Nifty50 could see a wider trading range of 15,800 to 16,700 in the coming sessions. Maximum Call open interest was seen at 17,000 strike followed by 16,.700 and 16,800 strikes. The maximum Put open interest saw at 16,300 strike then 16,200 and 15,500 strikes.

The fear index :

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India VIX, the fear index, climbed above the 30-mark again before settling at 27.95 on March 4. Volatility has to fall below the 20-mark for stability and to bring the bulls back on street.

Corporate action: 

Moneycontrol.com advises users to check with certified experts before taking any investment decisions. The views and investment tips expressed by experts are their own and do not necessarily reflect those of the website or its management.

Sharekhan’s research report on NMDC : 

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NMDC has taken cumulative price hikes of 14%/12% or Rs. 700/Rs. 500 per tonne for iron ore lump/fines over Jan-Feb 2022. Domestic iron ore price is at steep discount of 43% to international iron prices.

Complete News Source : MONEYCONTROL

 

 

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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3 weeks ago

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January 30, 2025

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

instantbollywood.com

Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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