{"id":9229,"date":"2020-11-12T15:19:01","date_gmt":"2020-11-12T09:49:01","guid":{"rendered":"https:\/\/www.mintyapp.in\/blog\/?p=9229"},"modified":"2022-01-20T17:40:31","modified_gmt":"2022-01-20T12:10:31","slug":"daily-market-analysis-10-th-nov-2020","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/daily-market-analysis-10-th-nov-2020\/","title":{"rendered":"Daily Market Analysis \u2013 12th Nov 2020"},"content":{"rendered":"\n

Govt announced the PLI scheme, finance minister Nirmala Sitharaman addresses the media.<\/strong><\/h4>\n\n\n\n

In a momentous push to make India a manufacturing hub, the Modi govt has approved the Production-Linked Incentive (PLI) scheme to 10 more key sectors after mobile, electronic components, and pharma sectors. The total financial outlay stands at about Rs 2 lakh crore.#AatmaNirbharBharat  <\/p>\n\n\n\n

GDP to contract 8.6% in Q2; India has entered recession for the first time: RBI official<\/strong><\/h4>\n\n\n\n

The pandemic-induced lockdowns had led to a steep contraction of 23.9 percent in the GDP for the April-June quarter as compared to the same period a year ago. The GDP is likely to contract by 8.6 percent for the July-September period, which means India will enter into a recession for the first time in history in the first half of this fiscal with two successive quarters of negative growth due to the COVID-19 pandemic. <\/p>\n\n\n\n

Also read: 8 Common Investment Mistakes You Must Avoid<\/a><\/p>\n\n\n\n

Tata Capital, Honda Motorcycle & Scooter India announce festive two-wheeler loan offerings<\/strong><\/h4>\n\n\n\n

Tata Capital and Honda Motorcycle & Scooter India (HMSI) on Thursday announced festive two-wheeler loan offerings for the latter\u2019s customers, including 100 percent finance of on-road price. The benefits of Tata Capital\u2019s festive offerings for HMSI\u2019s eligible customers include loan up to 100 percent of the on-road price of the two-wheeler, customized loan options, instant approval on loans with minimum documentation and flexible option to choose the tenure up to 36 months, the two companies said in a joint statement. These offers can be availed till November 30, 2020.<\/p>\n\n\n\n

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To Invest and keep regular track of your portfolio download: Fintoo App Android http:\/\/bit.ly\/2TPeIgX<\/a> \/ Fintoo App iOS http:\/\/apple.co\/2Nt75LP<\/a><\/em>\u2018<\/p>\n\n\n\n

Disclaimer:<\/strong> The views shared in blogs are based on personal opinion and does not endorse the company\u2019s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the sole decision of the investor and the company or any of its communication cannot be held responsible for it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Govt announced the PLI scheme, finance minister Nirmala Sitharaman addresses the media. In a momentous push to make India a manufacturing hub, the Modi govt has approved the Production-Linked Incentive (PLI) scheme to 10 more key sectors after mobile, electronic components, and pharma sectors. The total financial outlay stands at about Rs 2 lakh crore.#AatmaNirbharBharat   […]<\/p>\n","protected":false},"author":14,"featured_media":11900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[503],"tags":[607,608,609],"yoast_head":"\nDaily Market Analysis \u2013 12th Nov 2020 - Fintoo Blog<\/title>\n<meta name=\"description\" content=\"pandemic-induced lockdowns had led to a steep contraction of 23.9% in the GDP for the April-June quarter as compared to the same period\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.fintoo.in\/blog\/daily-market-analysis-10-th-nov-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Market Analysis \u2013 12th 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