'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Economic Times August 1, 2009 Corporate India, Global Cues Push Sensex To 13 ...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
AOL News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month ...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Khaleej Times August 1, 2009 Corporate India, Global Cues Push Sensex To 13 M...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
MSN News Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Boloji Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Economic Times August 1, 2009 Corporate India, Global Cues Push Sensex To 13 ...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
AOL News August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month ...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
Khaleej Times August 1, 2009 Corporate India, Global Cues Push Sensex To 13 M...Jagannadham Thunuguntla
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity head at SMC Capitals.
MSN News Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Boloji Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Latest News Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Sify Business Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Thaindian Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Andhra Cafe Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
The Times Of India Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 4...Jagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Manglorean Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Sindh Today Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Blog Coverage Taragana Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Add...Jagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Latest News Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Sify Business Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Thaindian Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Andhra Cafe Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
The Times Of India Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 4...Jagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Manglorean Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Sindh Today Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Adds 478 PointsJagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Blog Coverage Taragana Jun 6, 2009 Sensex Rises For 13 Consecutive Weeks, Add...Jagannadham Thunuguntla
“The current rally has more to do with liquidity than fundamentals. In such cases, a correction is imminent. However, investors are keenly awaiting government’s policy decisions and the budget,” said SMC Capitals equity head Jagannadham Thunuguntla.
Similar to Andhra Vilas August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month High (8)
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
Andhra Vilas August 1, 2009 Corporate India, Global Cues Push Sensex To 13 Month High
1. Corporate India, global cues push Sensex to 13-month high
2009-08-01 13:30:00
Corporate India provided a much needed boost to investors this week and buying interest at
Indian equities markets resurfaced in the wake of a good set of earnings reports, pushing a key
index to a 13-month high.
Other Asian markets also provided a prop to their Indian peers, with some key indices touching
new highs.
The 30-share sensitive index ( Sensex) of the Bombay Stock Exchange (BSE) rose 291.35 points
or 1.89 percent over previous Friday's close and ended trade at 15,670.31 points. This was its
highest closing figure since June 17, 2008.
The broader S&P CNX Nifty of the National Stock Exchange (NSE) followed the Sensex,
moving up 1.5 percent from its last weekly close to end at 4,636.45 points.
Lesser market capitalised scrips did better with the BSE's midcap index closing 3.52 percent
higher than its previous weekly close, while the BSE smallcap index was up 2.57 percent.
Data with markets watchdog Securities and Exchange Board of India (SEBI) showed that foreign
funds were net buyers during the week, having bought scrips worth $735.7 million. In July,
foreign investors bought a total of $2.28 billion.
'Positive results by corporates is proof that the economy is on the verge of a turnaround. This
will continue to help the markets gain momentum,' said Jagannadham Thunuguntla, equity
head at SMC Capitals.
Indian equities started the week on a volatile note with the benchmark indices trading in a see-
saw like pattern till about Wednesday.
Late buying of heavyweight stocks helped the Sensex recoup most of its losses Monday, though
it still ended trade 3.92 points lower after having slipped deep into the red. It ended trade 3.92
points or 0.03 percent lower at 15,375.04 points.
The Nifty, however, closed 0.08 percent higher at 4,572.3 points.
2. The Reserve Bank of India (RBI) announced the first quarterly monetary policy review Tuesday,
but it turned out be a non-event for the markets with the central bank maintaining a status quo on
key policy rates.
The Sensex shut shop 43.1 points or 0.28 percent to close at 15,331.94 points. It had managed to
crawl into the positive terrain about an hour before closing bell after languishing in the red for
most of the day.
The Nifty too ended in the red, closing 0.18 percent lower at 4,564.1 points.
Profit booking and a crash at the Chinese bourses pulled down the Sensex 158 points into the red
Wednesday, even though it managed to salvage some of the losses. It had slipped more than 443
points around noon after Chinese bourses tanked.
The Sensex closed at 15,173.46 points -- 158.48 points or 1.03 percent lower than Tuesday's
closing figure. Similarly, the Nifty closed in negative terrain, 1.11 percent down at 4,513.5
points.
Thursday saw the markets welcome a good set of corporate earnings and pushed the Sensex
214.5 points or 1.41 percent higher at 15,387.96 points. A bit of short covering before expiry of
the futures and options contract for July also helped the rise.
The Nifty too closed in the positive terrain, 1.28 percent up at 4,571.45 points.
Indian equities were again up Friday, with investors taking cues from a sustained Asian rally and
corporates continuing to provide positive earnings results.
The Sensex which opened lower at 15,449.47 points, shut shop at 15,670.31 points -- 282.35
points or 1.83 percent higher than Thursday's closing figure. It was the highest closing since June
17, 2008.
The Nifty moved up as well rising 1.42 percent to 4,636.45 points.
The week's top gainers on the Sensex were Ambuja Cements (up 14.1 percent), Tata Motors (up
13.1 percent), Tata Power (up 11 percent), TCS (up 9.1 percent) and ITC (up 7.3 percent).
Among losers were Hero Honda (down 7.5 percent), Grasim (down 3.4 percent), Cipla (down
3.1 percent), Reliance Industries (down 3 percent), and Reliance Power (down 2.6 percent).