Sunday, 22 March 2020

MARKET LIVE: SGX Nifty plunges over 1,000 pts as India goes into lockdown

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Crowdsourced virtual supercomputer revs up virus research

Gamers, bitcoin "miners" and companies large and small have teamed up for an unprecedented data-crunching effort that aims to harness idle computing power to accelerate research for a coronavirus treatment. The project led by computational biologists has effectively created the world's most powerful supercomputer that can handle trillions of calculations needed to understand the structure of the virus. More than 400,000 users downloaded the application in the past two weeks from "Folding@Home," according to director Greg Bowman, a professor of biochemistry and molecular biophysics at Washington University in St. Louis, where the project is based. The "distributed computing" effort ties together thousands of devices to create a virtual supercomputer. The project originally launched at Stanford University 20 years ago was designed to use crowdsourced computing power for simulations to better understand diseases, especially "protein folding" anomalies that can make pathogens deadly. "The

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Street signs: Focus on nine F&O stocks, Coal India's m-cap, and more

There are over a dozen other companies which could be on the verge of entering the "ban period"

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This isn't an automatic buying opportunity: Jan Lambregts, Hugo Erken

"In recent years, we have grown used to every wobbly being met by government measures and this time around is no different"

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90% of schemes in midcap category fare better than their benchmarks

In the past three months, the Sensex is down 30 per cent, the BSE Midcap and BSE Smallcap have fallen 24 per cent apiece

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Buyback proposals to bump up Street sentiment around the stock: Experts

Earlier in the week, Emami and Sterlite Technologies also disclosed their intention to buyback shares

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Stock market rout: Is now the time to bottom fish large-cap stocks?

Over half the CNX100 stocks still expensive; Nifty, too, in higher valuation zone compared to 2008-09

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Commodity picks: 23 February, 2020

Prices are expected to trade lower towards Rs 1,600 per quintal given the expected new arrivals

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Corobavirus: MFs ask Sebi for more time in meeting debt scheme norms

Among other challenges, the industry is anticipating delays in publishing daily net asset values (NAVs) or dispatching physical cheques for redemption and dividend payments

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Markets to operate normally on Monday: Sebi amid reports of shutdown

"Markets will work normally tomorrow (Monday)," said a Sebi official. "All segments at BSE will operate as usual on Monday 23," said Ashish Chauhan MD & CEO, BSE.

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Terror attacks in 1993 and 2008: Two instances when the BSE, NSE were shut

More recently in 2008, a series of coordinated attacks in Mumbai shook the city between November 26 till November 28. The stock exchanges, as a result was closed for trading on November 27

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Goldprice dips Rs 10 to Rs 62,720, silver falls Rs 100 to Rs 74,900

The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,490 from Markets https://ift.tt/rpZGNwM