Major news
(28-FEB-2022)
Morning update : SGX Nifty indicates a positive start for the Indian indices.
Indian equity benchmark indices are likely to open in the green on February 28 as trends on SGX Nifty indicate a positive opening for the domestic market with a gain of 42 points.
In the previous session, the BSE Sensex surged 1,329 points to 55,858, while the Nifty50 jumped 410 points to 16,658 and formed bullish candle on the daily charts, but the index needs to surpass and stay above 200-day exponential moving average for few days to gain strength.
Stocks under F&O ban on NSE
No security or instrument is under ban on 28-Feb to trade in F&O section.
FII and DII data.
The selling by foreign institutional investors (FIIs) continued in Indian equities amid geopolitical tensions and global growth worries, as they have net sold Rs 4,470.70 crore worth of shares. However, domestic institutional investors (DIIs) have managed to compensate the FII outflow by buying shares worth Rs 4,318.24 crore on February 25, as per provisional data available on the NSE.
Asian Markets rose overnight.
Shares in Asia-Pacific were mixed on Monday as investors monitor the Russia-Ukraine crisis and related sanctions. Japan’s Nikkei 225 shed 0.28%, while the Topix was almost flat. In South Korea, the Kospi also erased losses to rise 0.14%, and the Kosdaq advanced 0.49%.
Australia to send lethal weapons to Ukraine to defend itself against the Russian invasion.
The Australian government’s announcement on Monday gave no details on what material it may be sending. The move follows an offer on Friday of non-lethal military equipment, medical supplies and a USD 3 million contribution to a NATO trust fund for support of the besieged country.
Australia has imposed sanctions on more than 350 Russian individuals, including Russian President Vladimir Putin, since Thursday. Australia has also targeted with sanctions 13 individuals and entities in Belarus, including that country’s defence minister, Viktor Khrenin. Belarus is supporting Russia in its war with Ukraine.
Top news of the day
As Russian missiles rained down on Ukrainian cities, another battle took place online and over the airwaves.
Moscow ramped up efforts to control the narrative playing out in news media and on tech platforms, while big tech companies Facebook-owner Meta Platforms Inc and Alphabet Inc’s Google put restrictions on Russia’s state-controlled media outlets in Ukraine and around the world.
On Friday, Russia said it would partially restrict Facebook, a move Meta said came after it refused a government request to stop the independent fact-checking of several Russian state media outlets. By Saturday, Twitter also said its service was being restricted for some Russian users.
Images and videos were slower to load on Facebook after the slowdown was announced, according to users, while Facebook Messenger had long periods of not loading at all. On mobile devices, Twitter remained slow – it has been the subject of a punitive slowdown since March. Many state websites, including the Kremlin site kremlin.ru, have also suffered outages in recent days.
Stay Up to Date With The Latest News & Updates
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque
Follow Us
You can also follow us on given below social media platforms for regular updates.