Nebula Research & Analytics

Is it worse than SARS or not won't matter for now as it's still contagious & spreading, that is a concern for the market, and how markets behave could change in the process to fight the virus?  The coronavirus, a highly contagious, pneumonia-causing illness that infects the respiratory tract, was responsible for 213 deaths in China as of late Thursday and 9,692 infections worldwide, according to figures from China’s National Health Commission.  SARS had a fatality rate of 9.6% compared to the fatality rate of 2.2% for the coronavirus. Still makes coronavirus a contagious,It has an incubation period of up to two weeks, which enables the virus to spread through person-to-person contact. WHO says Novel Corona-Virus outbreak a global health emergency. It has so far spread to 22 countries, posing a possible threat of restricting global trade and travels. A major global concern currently. S&P 500 VIX surges to 18.6, 40% up in a week.  Multiple negative diverge...

Are We in Bubble? Seeing negative divergence for Market to Gold Economy slumps but market at its peak, making new peaks but on the dark side, our economy has slowed down & slowing further, many rating agencies has cut down the global growth, and India's GDP forecast, sourced by  MOSPI (Ministry Of Statistics & Programme Implementation). So why market keeps trading higher & hovers near high, well possible sign of bubble, because market keeps trading at high due to few companies such as Reliance, Hdfc , Hdfcbank  etc. Plus after  Q3  Earnings of Reliance &  HdfcBank , price is correcting, so for short-term, we can see possible correction of 2%-3%. Nifty Bank corrects as  PSUs  & PVT Banks are correcting. Correlation shows negative divergences. Gold making positive divergence & retracing towards 1575-1580, Gold is in  uptrend  already. USDINR  FX making positive divergence & retracing ...

Reliance Industries Limited The Behemoth worth of 10000000000000 (10.01 Trillion). Reliance beats the estimates, profit boosted by Retails and Jio, although, the revenues decline 2.21% to 152,939cr from 156397 cr Dec 18 Q3. Yet, it successfully beat the profit estimates to 11784cr (+ 13.8%) as compared to 10352 %cr in Q318 Dec. Highest consolidated Q3 Net Profit reported ever. Company's accounted decline in revenue because of declining 6% fall in Brent price, which was partially offset by a continuing growth momentum in consumer businesses. GRM can be a concern to few investors that invest on margin basis in petro biz. Because, company reported GRM of $ 9.2 per barrel for the qtr from $9.4 previous qtr.  But YoY basis, it was $8.8. Because of declining revenues in petrochemical, fell 19%. Company said already, it would take 12-18 months for petrochem prices ro improve. Joint vc of 49% in petro retail with BP for billion dollar USD with purpose of expanding petro re...