Tit - bits
The BSE Sensex is now trading at 38,853.68 down 123.62 points (-0.32%), the Nifty is seen at 11,501.75 down 5.40 points (-0.12%).
#The Nifty would continue to get supports at 11300/11200. The investors should pick up stocks in decline, as the recovery post Covid - 19 outbreak has been unprecedented.
#Buy the shares of GAIL near the CMP of Rs.92.05, for short term targets of Rs.97/102. SL: Rs.86.
During the last few months, the liquefied natural gas (LNG) cargo prices have doubled to $US4 per million British thermal unit from a record market low of only $US2/MMBTU in June.
If the current trends continues then gas demand is set to double for China and India by 2040, powered by its cleaner-than-coal reputation and government measures to cut air pollution in Asian cities.
This is likely to have a negative effect on the fertilizer and power plants -- hence don't build huge positions in these two sectors.
Due to some problem in Blog interface due to the introduction of new algorithm and design, I'm finding difficulty to upload posts. Even after complaining to Google, they have not addessed the issue but instead have continued to replace the old blogger interface which was smooth and easy, by this defective one.

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