Holi and Easter weekends serve up big business for travel, hotel companies
At the Four Seasons Mumbai, rooftop bar AER and restaurant San:Qi saw a significant' turnout, higher than the usual weekend rush, said general manager Nitesh Gandhi. Evenings are more high energy on such weekends especially when home means an elevator ride to your room, he added. From special Easter brunches to Holi-themed bashes and getaways, travel and hospitality companies expect brisk business this week because of two long weekends. Key Points
Economic TimesThese largecaps have ‘strong buy’ and ‘buy’ recos with upside potential of over 20%
After a long period of time, bears are seeming confident. How long they will be able to roam on the street is the question for which answers are being sought. For that it would be better to focus on why the correction is taking place. Whether there is just a profit booking after a long phase of out performance or there are any headwinds which the economy is either facing or is likely to face. The answer is very clear that this phase of profit booking and there are no headwinds, in fact there are more tailwinds of clear policy making. This is not to say that this corrective phase will not continue further, if there is any increase in oil prices, there might be some short term pressure, but the long term story stays intact. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks. Key Points
Economic TimesDefensive bet with macro tailwinds? 5 Indian pharma stocks with upside potential of up to 20%
On Tuesday, when the whole market was reeling under pressure, two stocks reacted to their numbers in a positive direction. Both of them were large caps from one sector which is pharma. This becomes significant from three perspectives. First, that positive reaction was there on the day when there was a bloodbath on the street. Second, these stocks were already sitting on gains, so there is little probability of short covering leading to this sort of gains. Last but not the least it has come from sectors like pharma which have seen a very long phase of business remodelling and valuation readjustment, which makes it worth noticing. It might be too early to call, but if a re-rating gets momentum then they might be candidates for volatile markets. Key Points
Economic TimesScientists decode what causes cell damage in long Covid
Active long Covid is characterised by the protein pattern in blood. A team of Swiss researchers has identified that the complement system, a part of the... Key Points
The Tribune IndiaList of long weekends in 2024: Plan your holiday trips now to save money in the new year
here is a list of extended bank holiday weekends for your convenience. It should be noted that bank holidays differ by state. The following are the long weekend bank holidays as listed by the RBI for the year 2024. Key Points
Economic Times
Brain fog to insomnia, 10 long Covid symptoms that people still struggle with
As per Lancet, at least 65 million people are estimated to struggle with long Covid. Here are common symptoms from fatigue, brain fog to sleep trouble. | Health Key Points
Hindustan Times2024 long Weekends: Best places to travel in India on your long weekends in 2024
2024 has almost 14 long weekends. Plan ahead and enjoy these long weekends by using our itinerary inside. | Travel Key Points
Hindustan Timeslong Covid patient's legs turned blue in just 10-min of standing
Dr Manoj Sivan, Indian-origin researcher and Associate Clinical Professor at the University of Leeds in the UK, has called for greater awareness among Covid-19 patients of acrocyanosis, a symptom that can cause venous pooling of blood in the legs and turn them blue. An article authored by Dr Sivan and published in the Lancet focuses on the case of one patient who developed the condition. Key Points
Economic Times5 people killed in fiery single-vehicle crash on Californian freeway in US
The crash was reported on Interstate 710 in north long Beach shortly after 4 a.m., said California Highway Patrol spokesperson Angelia Gonzalez. Key Points
India TodayFIIs reverse bearish stance, long position rises to 34%; exercise caution but stick to 18300 target on Nifty
FIIs reverse their trend in April, with 34% of their index futures positions being longs. Across participants, FIIs’ long position have risen to 14.9%. Key Points
Financialexpress
The Search for long Covid Treatments Takes a Promising Turn
Scientists believe lasting symptoms following a coronavirus infection are not a single disorder. So new clinical trials are hunting for a range of solutions. Key Points
WIREDWhy Aditya Agarwala is recommending buy for these 2 NBFCs
“At current levels, one should look to go long on Mahindra & Mahindra Finance, look for a target of 315 on the upside, with a stop loss at 264 on the downside. The second stock is Piramal Enterprise, PEL. Again, as we speak, the stock is making new high but again at current levels, one can look to go long for a target of Rs 985 and if 985 is taken out.” Key Points
Economic TimesWe might be closer to finding quick ways to diagnose and treat long covid
Long covid may be traceable to a chronic immune system imbalance. The good news is that a single bio-marker for this mystery condition may have emerged. Key Points
mintMetformin could be a new treatment for long COVID, reduces risk by 40%
Metformin is a cheap, easy-to-access drug that used for diabetes, longevity, and losing weight. It could help millions with long COVID. Key Points
InsiderDiabetes drug may be the pill for long Covid
Taking the diabetes drug metformin within three days of testing positive for Covid-19 may reduce the risk of developing long Covid by 40%, according to a study. The US trial, reported in the Lancet, involved 1,126 overweight and obese patients, 35 of whom were diagnosed with enduring symptoms after taking metformin versus 58 on a placebo. The study did not assess the impact of the drug on those already suffering from long Covid. Key Points
Economic Times
‘For the sake of Indian cricket…’: Rohit uncertain about Ashwin, Jadeja's future
Ashwin is currently 36 and is India's second-highest wickettaker in the longer format after spin legend Anil Kumble. Jadeja, on the other hand, is two years younger than him. | Cricket Key Points
Hindustan TimesAjay Tyagi on why valuation can be the biggest trigger in market
Ajay Tyagi of UTI AMC highlights the attractiveness of undervalued assets to long-term investors. Indian investors are shifting from fixed deposits to equity due to its high performance. However, caution is advised as the market is trading at higher valuations. Private sector banks and certain consumer sectors offer potential opportunities for growth. Key Points
Economic TimesNHAI to auction 300 km of road assets
The road assets are likely to be valued at Rs 6000-7000 crore and NHAI will be auctioning them under Operation, Maintenance and Transfer (TOT) Model. The road assets include Kota Bypass (NH76) and 81-km long Gwalior-Jhansi (NH75) ; and 60-km long Delhi-Meerut Expressway. Key Points
Economic TimesTechnical Breakout Stocks: How to trade HEG, Maruti Suzuki and HUL on Tuesday
The S&P BSE Sensex rose nearly 200 points on Friday while the Nifty50 closed just a shade below 22,100 levels. Sectorally, buying was seen in telecom, realty, auto, healthcare, and capital goods while IT stocks saw some selling pressure. Key Points
Economic TimesFor risk takers with a long-term perspective? 6 midcap stocks from different sectors with the right ratio
This week there was a sharp correction in the mid-cap index, and market breadth was also weak. This should serve as a warning to all those who are buying stocks without bothering to look at what is the business of the company. The way correction panned out, there is higher probability of a correction in mid-cap space continuing if there is more trouble with Nifty. But rather than bothering about what will happen to nifty in the next few weeks or quarters, long term investors looking to take exposure to the mid-cap should focus on individual companies and their underlying business. At the same time, because overall valuations are high, be ready for underperformance for some time and focus on the long term. Key Points
Economic Times
Beware of ‘long stocks’: Instead of focusing on companies’ future growth, consider current profitability
Theres often a movement of capital towards ‘long stocks when interest rates are low. These are the stocks of companies believed to have many years of rapid growth ahead. For these companies, more of the projected cash flows are in the distant future. Yet, investors may become more attracted to these stocks when the rates are low. Key Points
Economic TimesNearly 36 million in Europe may have experienced long Covid: WHO official
Dr. Hans Kluge said ‘long COVID’ remained ‘a complex condition (that) we still know very little about’ and ‘a glaring blind spot in our knowledge’. | World News Key Points
Hindustan TimesInvestors most underweight stocks versus bonds since 2009, BofA says
In the most bearish survey of this year — the first after banking turmoil roiled markets last month — investors indicated that fears of a credit crunch had driven up bond allocation to a net 10% overweight — the highest since March 2009. A net 63% of participants now expect a weaker economy, the most pessimistic reading since December 2022. Key Points
Economic TimesNifty needs to cross its peak to gain momentum: Analysts
Nifty had a strong 800-point rally in the last eight trading sessions, making an all-time high of 19,523. In the shorter time frame, momentum indicators show overbought signs, and FII index long positions have also reached 73%. Key Points
Economic Timeslong COVID could be caused by the virus lingering in the body. Here’s what the science says
A 2022 study found SARS-CoV-2 in the stool of about half of the participants in the first week after infection. At four months, there was no virus present in the respiratory tract but 12.7% of stool samples were RNA positive. A further 3.8% of fecal samples remained positive for RNA at seven months. Key Points
The Indian Express
Women, farmers not minorities for you? PM Modi slams Opposition in Lok Sabha
PM Modi defended President's address in Parliament and slammed the Opposition by asking if women, farmers and fishermen were not minorities for them. Several Opposition leaders had criticised President Murmu's address to joint sitting of Parliament. Key Points
India TodayChristmas 2023: Alia Bhatt's intimate celebration with Ranbir Kapoor and family is all heart
The actress shared some pictures on Instagram with Ranbir, mother Soni Razdan, sister Shaheen, filmmaker and friend Ayan Mukerji, and wrote- 'grateful for this bunch.. grateful for so so much..' Key Points
FirstpostThese Nifty Financial Services stocks can deliver more than 15% returns
After a long phase of three years of consolidation and relative underperformance, there were some initial signs of the private sector banks making a comeback attempt. However the RBI decision to curb unsecured lending, made the sentiment turn against them. But only sentiment, in reality will it make a difference for their long term perspective is a matter of debate with answer titling in favour of NO. After today’s monetary policy one more risk is off the table Key Points
Economic TimesBull run: How should investors play rising markets?
Retail investors may get swayed by looking at numbers in isolation without considering past events and likely future situations. Worse, some even make the mistake of investing their hard-earned money in such times without diligence, only to regret later. Industry experts warn of such behaviour. 'Investing by impulse' is not the right approach in the long term. Key Points
Economic TimesNew tailwinds emerge! 5 midcap pharma stocks with upside potential of up to 37%
If one looks at corporate announcements, a large number of small and mid-caps pharma companies are announcing one or the other thing either about US FDA or European authorities giving approval or inspection. While the large players had moved to international markets a long time back, a number of small companies that had domestic focussed business are also moving into the developed global markets. Will this lead to re-rating? Key Points
Economic Times
long Covid infection linked with risk of 'face blindness': Study
The study found that people with COVID-19 may be more likely to develop face blindness, a little-known condition called face blindness. This condition makes people fail to recognize familiar faces. Annie, a 28-year-old customer service representative and part-time portrait artist, was diagnosed with COVID-19 in March 2020 and suffered a symptom relapse two months later. After meeting Annie, the researchers found that she also experienced navigational deficits after having COVID-19. Key Points
Economic Timeslong weekend business booming for hotels, cruises, travel firms
Indians are leveraging every opportunity to take a “minication”, said Rajeev Kale, president and country head for holidays, MICE and Visa at Thomas Cook (India). The companys data reflects a 25%-30% year-on-year surge for long weekend breaks across both domestic and outbound destinations, he said. Key Points
Economic TimesAncient whale in the Peruvian desert likely to be heaviest animal ever
Each vertebra weighs over 220 pounds (100 kilograms) and its ribs measure nearly 5 feet (1.4 meters) long. | World News Key Points
Hindustan TimesAvoiding all longs in positional trades: Meghana Malkan
Meghana Malkan advises caution in the market and suggests focusing on the IT sector, particularly TCS. Support levels for smallcaps and midcaps are uncertain, while multiple divergences indicate potential upside. Key Points
Economic Times