Covid19 vs Sensex

Update Aug 2020: Cornovirus hits Indian Economy.
Single-day spike of 64,399 cases and 861 deaths reported in India, in the last 24 hours.

The #COVID19 tally rises to 21,53,010 including 6,28,747  active cases, 14,80,884 discharged & 43,379 deaths: Ministry of Health.
However, the stock market bounced back from the lows. See these charts.



Update Aug 16: Changed the title of the post from "Indian Economy crashed on Q1 2013" to

Indian companies reported its worst results in five quarters.
After Suzlon energy, Lanco Infratech Ltd.  to go for a major loan restructuring.
NPA growing in quarterly reports filed by banks like Vijaya Bank, Allahabad Bank.
Profit of Cement and  Infrastructure companies are taking a toll. See the performance of Larsen , JP Associates etc.

Jaiprakash Associates tumbles over 20% in four sessions. Jaiprakash Associates hits 52-week low on Q1 earnings
Jaiprakash Associates fell 2.16% to Rs 40.85 at 12:53 IST on BSE as the company's Q1 June 2013 result was boosted by an exceptional non-recurring income.
-Business Standard says

India’s largest engineering and construction conglomerate was the worst Sensex performer of the week, with its shares losing 13.2 percent after June-quarter results disappointed markets.

The company warned of a tough road ahead when it reported a 12.5 percent fall in net profit on July 22, as a slowing economy continues to hurt. Shares in L&T fell more than 7 percent on results day and ended in the red in all but one trading session this week.
-reports Reuters.com

The sector that is showing good performance now is IT as the business is outside India? or due to Mutual Fund's interest or due to weak rupee?

Comments

Post a Comment

Popular posts from this blog

Meaning of saminamina and wakawaka In shakira's song lyrics

Image
The Shakira Waka Waka Video is here . Watch it. It is the 2010 Fifa Official World Cup Song it means: (Zamina mina or Tsaminamina) = Come. Waka waka = Do it do it (as in perform a task) Tsaminamina zangalewa = where do you come from?. Wana = it is mine. Zambo = wait. Complete lyrics of the original song: Tsa mina mina eh eh Waka waka eh eh Tsa mina mina zangalewa Ana wam ah ah Zambo eh eh Zambo eh eh Tsa mina mina zangalewa Wana wa ah ah Waka Waka Lyrics You’re a good soldier Choosing your battles Pick yourself up And dust yourself off And back in the saddle You’re on the frontline Everyone’s watching You know it’s serious We’re getting closer This isnt over The pressure is on You feel it But you’ve got it all Believe it When you fall get up Oh oh… And if you fall get up Oh oh… Tsamina mina Zangalewa Cuz this is Africa Tsamina mina eh eh Waka Waka eh eh Tsamina mina zangalewa Anawa aa This time for Africa Listen to your god From Spanis
Read more

RadioMango ClubFM Mirchi BigFM AnanthapuriFM

Image
UPDATE: Test Transmission of Radio Mirchi, Big FM, S-FM started from Trivandrum. Listen online samples here Malayala Manorama Radio Mango 91.9 FM from Kochi, Thrissur, Kannur and Kozhikode. Ad Labs Films Ltd BIG 92.7 FM from Thiruvananthapuram Sunnetwork S-FM 93.5 from Cochin, Kannur, Kozhikode, Thiruvananthapuram Mathrubhumi Club FM Club FM 94.3 from Kochi, Kannur, Thiruvananthapuram and Thrissur. Radio Mirchi 98.3 got license only in Thiruvananthapuram while asianet only in Trissur... Atleast 2 channels will go air this month.
Read more

4shared.com hacked by http://www.abcjardins.com/Hacked/

UPDATE3: Hello, Thank you for contacting 4shared.com. On September 13, 2009 our users could have experienced some problems with access to www.4shared.com. The problem was connected with DNS records readdressing for domain 4shared.com to third party resource. The problem was solved after we contacted domain registrar. Taking into consideration, that the problem was not connected with service 4shared, but with dns settings, our users should not worry about personal data integrity and security. We would like to apologize for temporary inconveniences and to say thank you for staying with us. In case you need any additional information, do not hesitate to write. Best regards, support@4shared.com UPDATE2: http://72.233.72.154/ also now points to 4share.com This means that data is safe. 4shared.com hacked by http://www.abcjardins.com/Hacked/ The server at www.abcjardins.com is taking too long to respond due to heavy traffic now http://www.abcjardins.com seems to be a French site. We have to
Read more