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​​ even the fallow land was brought under wheat cultivation. From the beginning of the season till January, we estimated wheat production to increase by 13% from the previous year to 110 MMT, thanks to the higher sowing progress amid better subsoil moisture left by the late-season rains

Although when measured as a proportion to GDP, the size of the corporate bond market in India lags behind other Asian countries such as South Korea, Malaysia, China and Thailand but it is catching up fast

Whereas non-fundamental factors include geo-political risk, promoter, and management credentials, policy developments, daily stock demand and supply, the money supply in the economy, etc

Once the level of 16,740 gets taken out by a bearish closing, the trend changes to a confirmed downtrend. It is important to note that the 16,740 level is important because there is a demand zone on the index up to 16,740 and also the fact that the Elder ray signals right now do not completely write-off this sideways movement

​Nifty has been in a broad sideways trend with the upper-end of the range being at the 18,220 level and the lower-end of the range at its 200-day SMA as shown in the chart. Once Nifty breaks the level of 17,350, the trend will become sideways-to-bearish from just sideways.

Nine of the 10 most valued firms faced a combined erosion of Rs 1,87,808.26 crore in market valuation last week, with HDFC Bank and Reliance Industries taking the biggest hit amid an overall weak trend in equities. Last week, the BSE benchmark tumbled 1,538.64

“The entire February month has traded in a range and after failing to hold the higher end of the range, the prices have now slipped towards the lower end..This set-up of support is visible in all the major indices and hence the market is at a make-or-break level,” said Rajesh Bhosale, technical analyst at Angel One

The G20 will draw up a universally acceptable international framework to regulate crypto assets and said that only a central bank-backed monetary unit would qualify as a currency.

The government on February 3 cleared the equity conversion, which gave it a 33.1% stake in the distressed telco, making it the single-largest shareholder. This holding will be diluted after the issue to ATC. Analysts said that the transaction marks a respite for the telco, which is finding it difficult to pay off the dues of other vendors such as tower firm Indus Towers

“We are trying to see structural change in the consumption pattern. So wherever there is a structural change in the consumption pattern, we will be a buyer of that. And that is where the wealth has been created in the past and we continue to believe in that.”