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MARKET DYNAMICS-6March

HCL Tech sets up a COVID-19 control center in Noida and ITC joins with NGOs to provide supplies to those in need. The Indian Railways has also developed a low-cost ventilator called "Jeevan". Air Deccan has ceased operations and put all employees on unpaid sabbatical. Commodity prices saw increases in gold, silver, and crude oil while natural gas decreased. Stock indices such as Sensex and NASDAQ declined while others such as FTSE and NIKKEI rose. Currencies including the USD, GBP, and EUR were provided against the Indian rupee.

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shinjan bhattacharya
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40 views2 pages

MARKET DYNAMICS-6March

HCL Tech sets up a COVID-19 control center in Noida and ITC joins with NGOs to provide supplies to those in need. The Indian Railways has also developed a low-cost ventilator called "Jeevan". Air Deccan has ceased operations and put all employees on unpaid sabbatical. Commodity prices saw increases in gold, silver, and crude oil while natural gas decreased. Stock indices such as Sensex and NASDAQ declined while others such as FTSE and NIKKEI rose. Currencies including the USD, GBP, and EUR were provided against the Indian rupee.

Uploaded by

shinjan bhattacharya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MARKET DYNAMICS- 06 MARCH 2020

Company News
 HCL Tech sets up COVID-19 control centre in Noida
 ITC joins hands with NGOs to provide essential supplies to needy
 Indian Railways Develops Low-Cost Ventilator ‘Jeevan’
 Air Deccan ceases operations, all employees put on sabbatical without pay
 ONGC's SOS to govt: Cut cess, royalty, free gas price to help company survive
 Apple will produce 1 million face shields per week for medical workers

Indian News
 Covid-19 Pulls India’s Service Sector Activity into Contraction Mode
 Covid-19 impact: Hotels find new patrons, but may struggle to stay afloat
 RBI is bringing together teams for data processing, AI analysis units for banking
fraud
 Life Insurance Policyholders Get 30 More Days to Pay Premium Amid Lockdown
 Carmakers Extend Warranty Deadlines in Light of Coronavirus Lockdown

Global news
 Japan Prepares for State of Emergency to Tackle Coronavirus Pandemic
 Myanmar Mulls IMF, World Bank Emergency Loans as Slowdown Bites
 Singapore announces third stimulus package worth $3.6 billion to soften coronavirus
impact

Commodity Exchange
Commodity Price Change %Change
Gold: - 43,722.00 482.00 1.11
Silver: - 41,223.00 1,351.00, 3.39
Crude Oil: - 2,048.00 427.00 26.34
Natural gas: - 121.40 - 6.10 -4.78
World Indices
Value %Change

Sensex 27,590.95 -2.39


NASDAQ 7,373.08 -1.53
SGX NIFTY 8,286.50 -42.50
FTSE 5,526.27 110.77
NIKKIE 225 18,576.30 756.11

Currency Exchange Rate


USD 76.089437
GBP 93.439906
JPY 0.697861
EUR 82.066328

Submitted By-
Shinjan Bhattacharya

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