SGX Nifty Indicates Flat Opening;Reliance Industries,Yes Bank,&HDFC Life Insurance to Report Earning

Market status: Confirmed Uptrend

Distribution days: Four

Global stock markets: Dow 30, -0.04%; S&P 500, +0.03%; Nasdaq, +0.6%; Nikkei, -0.4%; Hang Seng, -0.8%; Kospi, +0.5%

Yesterday, markets made a new high in the morning, with Sensex moving above 50,000. However, it staged a downside reversal in the second half and closed in the red. As a volume in Nifty was higher compared with Wednesday’s session, we marked yesterday’s session as a distribution day. The count is now elevated to four, with one set to expire next week. On the sectoral front, Nifty Auto closed flat, while the other indices closed with a cut. Nifty PSU Bank was down 3.3%. Nifty Metal, Realty, and Pharma closed at 1.5–2.5% lower.

With leadership broadening and indices above relevant intermediate-term moving averages, we will continue to look for leadership-quality growth names to form entry points. If a pullback/consolidation happens, it will be crucial for Nifty to hold its 21-DMA. It is advised to closely review the existing positions and book profits in stocks that are extended from their moving averages and showing technical weakness. Also, tracking distribution days is crucial as rising in distribution days can halt the uptrend.

Key News

Reliance Industries, Hdfc Life Insurance Co, and Yes Bank will report their Q3 earnings today.

Mphasis (Nse) posted Q3 FY21 earnings. PAT was up 8.8% q/q to Rs 325.5 crore, while revenue rose 1.6% q/q to Rs 2,474.3 crore. The margin was up 30bps q/q to 16.4%.

J K Tyre & Inds. posted Q3 FY21 earnings. Revenue was up 26% y/y to Rs 2,769.3 crore, while PAT stood at Rs 230.7 crore as against Rs 108.9 crore for the same quarter last year.

O’Neil Market Condition Report

For the 24 emerging markets tracked by our institutional research team, the market status breakdown is as follows: Confirmed Uptrend, 84%; Rally Attempt, 4%; Uptrend Under Pressure, 12%; Downtrend, 0%.

For the 24 developed markets tracked by our institutional research team, the market status breakdown is as follows: Confirmed Uptrend, 66%; Rally Attempt, 0%; Uptrend Under Pressure, 34%; Downtrend, 0%.

Visit Marketsmith India to Read More About Indian Share Market News, Daily Market Tips, Model Portfolio etc.

Holypills – A Place Where Qualified Doctors Give Treatment for Every Ailment

Homeopathy as an art of curing diseases has come into existence since 200 years ago and yielded astonishing results. An easy and scientific method of treating a disease, which works by triggering natural healing capacity of the body is how we define homeopathy in general. Homeopathy treatments are proven to be the most successful that helps to cure almost all types of health problems and that too without any side effects. It goes comfortably and works effectively for all ailments due to its superlative methodology of identifying underlying problems in a holistic way. Qualified homeopathy doctors in Gurgaon always believe that sickness of a person represents his or her mental and psychological conditions and hence treat the individual instead of simply treating the disease. Homeopathy works on the principle of like cures like. The body attains the healing powers and revives the inner spirit that can combat against the ailments through homeopathy remedies. The most important feature of homeopathy is that it is not addictive in nature, therefore, its medications are harmless and do not result in any unanticipated effects.

We are a specialist in women and child care and provide all types of medical services to women. Holypills offer treatment in allergy, depression, endometriosis, PCOD, bronchitis, infertility, and menopause besides our routine health plans. The treatment plan we offer is a safe and better treatment for any kind of minor and major health disorders, People of all ages & genders can use these medicines. We are active in homeopathy treatment for decades, properly making use of homeopathy to treat minor as well as complex disorders such as endometriosis, infertility, PCOD, etc. Our remedies do not pose any threats and can be consumed along with allopathic medicine. Our team is endowed with some competent doctors who stand out distinctly among not only Homeopathy doctors in Gurgaon but also among Homeopathy doctors in Connaught place.

Homeopathy doctors at holypills possess in depth knowledge about each disease and provide the best treatment through which the disorder can be cured completely. We are equipped with the best and most experienced homeopathy doctors in connaught place who are highly proficient in conferring the exceptional care to our patients in all health ailments.

Why You Should Visit Your Local Podiatrist If You’re Suffering from Diabetes

Data from the Australian Institute of Health and Welfare (AIHW) shows that an estimated 1.2 million Australians – at least 4.9 percent of the total population – have been diagnosed with diabetes. However, the non-government organization Diabetes Queensland pegs the statistic more toward 1.8 million – as it accounts for likely upwards of 500,000 cases of type 2 diabetes that go undiagnosed in Australia.

Every five minutes, someone is diagnosed with diabetes, which adds up to almost 300 new patients every day – as it stands, the illness is the seventh most common cause of death by disease in Australia. In this country, one in four adults over the age of 25 is living with either diabetes or pre-diabetes.

In Queensland, it is the 12th most significant cause of disease burden – complications brought about by the ailment being among the leading causes of hospitalization, significantly impacting a patient’s long-term health and wellbeing. The National Diabetes Register reports that 5 percent of Queensland adults have diabetes based on blood measurements – predominantly suffering from type 2 adult-onset diabetes at 87 percent of the cases. In the suburb of Albion here in Brisbane, 4.4 percent are registered diabetes patients with the National Diabetes Services Scheme.

Seeing a podiatrist can significantly help prevent that. Podiatrists often referred to simply as “foot doctors” are medical practitioners who specialize in treating persistent problems and injuries that may affect the feet or lower legs. Podiatry, or podiatric medicine, is an essential branch of medicine devoted to the study, diagnosis, and medical and surgical treatment of disorders of the foot, ankle, and lower extremity.

There’s a host of diabetes symptoms that signal you need to see your local podiatry specialist immediately, among them: Numbness and swelling of the foot or ankle, dry cracks in the skin around the heel, bleeding corns and calluses, skin discoloration, as well as slow-healing open sores on the feet. If you notice any of these warning signs, seek the medical attention of a podiatrist immediately. Here’s how your friendly neighborhood “foot doctor” in Albion can help alleviate the pain from your diabetes.

Daily Foot Care
Though they carry our entire body weight and make it possible for us to go places, our feet are among our most easily taken for granted – sometimes even neglected – body parts. Care is needed, especially when you’re suffering from diabetes; the ailment’s complications can largely hamper your day-to-day mobility.

Considering your symptoms, your podiatrist will prescribe a daily foot care regimen tailored specifically to your needs – whether it be to lessen the buildup of calluses, manage swelling, or help alleviate pain.

Part of the immediate care routine that will be given to you are: Washing your feet daily and drying thoroughly between the toes, check your lower limbs for signs of swelling, redness, or heat, and moisturizing dry skin. This is just the tip of the iceberg, however, as your podiatrist will likely prescribe a care treatment that is customized to your unique needs and complaints.

New Shoes
People with diabetes are at extremely high risk of developing major foot problems because of this something as simple as choosing a new pair of comfortable shoes may be a tough task from those suffering from poorly controlled blood sugar.

Seeing a podiatrist, you’ll likely be prescribed a pair of specialized therapeutic shoes. Wearing specially designed shoes can exponentially help reduce injury risks and promote healthy circulation in your feet.

Therapeutic shoes, sometimes also called extra-depth or sugar shoes – even coming in the form of shoe inserts – are specially designed to reduce the risk of skin breakdown in people with diabetes with pre-existing foot disease. Some advanced podiatry clinics even have the state-of-the-art equipment digitally 3D scan your foot to produce orthotics that conform to the unique contours of your feet.

Pain Management
Routine diabetic foot care and regular consultations with your podiatrist will hopefully lead to better keeping your foot pain at bay in the long-run. Podiatrists are specially-trained experts in looking after the feet and lower limbs. They are highly skilled health professionals who deal with the prevention, diagnosis, and management of foot problems and pain.

Some may turn to home remedies for recurring feet aches, but it’s never advisable to treat ailments like corns, calluses, and swelling on your own, without professional care. See your local podiatrist today so you can quickly get back up on your feet.