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By Rohit Vaid
Mumbai: Slight volatility is expected to hit the Indian equity markets in the coming week as investors will be jittery on account of the Greek referendum, upcoming first quarter results, the monsoon’s progression and key macro economic data.
However, market observers predicted to IANS that the volatility could be short-lived, as strong domestic fundamentals, economic reforms and a pick-up in government and private investments take place.
“Markets are expected to be slightly volatile in the beginning of the week due to the Greek referendum. For the short-term the Greek issue will be big enough for the market as a cue,” Devendra Nevgi, chief executive of ZyFin Advisors, told IANS.
“However, after the initial factoring-in of the situation, the domestic fundamentals such as policy initiatives and data points will be back into focus. These domestic factors are positive and will drive the markets to stability,” he added.
According to Dipen Shah, head of private client group research with Kotak Securities, the markets are hopeful that the outcome of the Greek referendum will not have any significant repercussions on the global economy – and especially India.
“The Indian economy is not linked to Greece in any major way. While there can be an impact on currency due to potential outflows, the strong forex reserves should help in reducing the impact to a great extent,” Shah said.
The Greek government has called for a referendum to let the people decide on the terms and conditions of another bailout.
Gaurav Jain, director of Hem Securities, elaborated to IANS that the positive bias in the Indian markets is expected to continue with Nifty having the potential to reach the 8,700-mark on the higher side.
“If things turn out to be negative, then the positive bias will help in mitigating the damage. Nifty in that scenario can be pulled down to the 8,000-mark on the lower side,” Jain said.
The markets will be looking ahead for key inflation and factory output data points like CPI (consumer price index), WPI (wholesale price index) and IIP (Index of Industrial Product) numbers.
“Traders will be eyeing the industrial production data for May scheduled to be announced on July 10. Needless to say, the progress of the monsoon will also remain in focus for the entire month,” Jayant Manglik, president for retail distribution with Religare Securities, told IANS.
The IIP data assumes significance as that for core sector industries released on June 30 showed the fastest pace of growth in the last six months ended May 2015 – at 4.4 percent year-on-year.
The eight core industries which comprise 38 percent of the total weight of items included in the Index of Industrial Production (IIP) stood at 178.6 as against 162.4 in April.
Analysts also point out that the countdown has begun for the earning season scheduled to start from July 21, which they believe holds the utmost importance in shaping the market’s direction.
“There is a hope that the first quarter (Q1) numbers due to be released soon will be better than the Q4 of 2014-15. Factors like lower inflation, easing of monetary policy and stable rupee are expected to be translated into better Q1 numbers,” Anand James, co-head, technical research desk, Geojit BNP Paribas, told IANS.
“There is also hope that the Q1 guidance is also going to be positive. However, in the worst case scenario, the markets seem to be ready for any negative surprises, especially in sector or stock-specific areas,” he added.
According to Anand, the market trajectory will also be influenced by the political climate leading up to parliament’s monsoon session later this month. The session is crucial because major bills such as on GST (goods and services tax) and land acquisition will be presented in parliament.
“The progress of monsoon will also be in the focus. We have noticed weakening of monsoon in the early part of this month. The continued weakness coupled with any adverse inflation numbers will give out negative signals for future lending rate cuts,” Anand added.
The barometer index of the Indian equities market, the 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), gained 281 points or 1.01 percent during the weekly trade ended July 3.
The index closed at 28,092.79 points from the previous weekly closing of 27,811.84 points on June 26.
The festive season is around the corner and with sugar-laden sweets, snacks and luncheons, festive eating tends to tip towards an indulgence. The pandemic, along with the holiday season, provides us with a double incentive to take care of our health, especially if you have a chronic health condition like diabetes.People with diabetes need to find ways to manage their health smartly and effectively to mitigate risks that come with the disease such as kidney problems, heart diseases, nerve issues, foot problems, and so on. Controlling glucose levels, maintaining a healthy lifestyle and regular medical consultations are key to managing this disease effectively.
Dr Jothydev Kesavadev, Diabetologist and MD of Jothydev's Diabetes Research Centres said, "It is imperative for one to always make sure diabetes is being well-managed, but, during the festive season, it is important than usual. Uncontrolled diabetes can heighten the risk of developing severe diseases or complications. Regularly monitoring glucose levels helps you catch spikes or trends that suggest your diabetes may be getting out of control. This also helps you to take timely measures," he explains.
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Here are a few tips for better diabetes management during the pandemic:
Scheduling is key: Diabetic patients need to continue medications without interruption. Apart from continuous monitoring of glucose levels, do plan regular consultations with the doctor. It is also imperative that patients do not ignore high blood glucose levels, HbA1C >10%, or positive urine ketone status.
No pain, no gain!: Diet & exercise play a major role in preventing and managing diabetes. Attention to nutrition and adequate protein intake along with exercise helps control weight and lower blood pressure. It also lowers harmful LDL cholesterol and triglycerides, raises healthy HDL cholesterol, strengthens muscles and bones, reduces anxiety, and improves general well-being. Patients with diabetes are encouraged to take up 45 minutes of moderate activity every day.
Wearable devices for the win!: Technology advances have led wearable devices, to allow patients to keep a close tab on glucose levels. One such wearable is the Freestyle Libre that go a long way in helping people with diabetes (both type 1 and 2) manage the disease well. Continuous glucose monitoring, through these devices, offers the highest levels of accuracy and performance standards.
Patients with diabetes need to practice utmost caution to healthy food
Also read; People with diabeties likely to observe
Say no to stress: Stress can be a major barrier to effective glucose control. This has become worse during the pandemic, as health anxieties and long lockdowns have given rise to emotional responses like anxiety, frustration and disappointment. One can opt for healthier life choices such as exercise, yoga and meditation to avoid stress.
Stay safe: The pandemic is still with us. Patients with diabetes need to practice utmost caution to reduce the risk of catching an infection. Along with vaccinations, patients with diabetes need to ensure safe choices such as social distancing, wearing a mask, and frequent hand washing.
This festive season, even those with diabetes can enjoy life to the fullest, provided these simple measures are followed to keep the glucose levels under check. (IANS/PR)
Keywords: Diabeties, continuous monitoring, weight, lower blood pressure, no stress, stay safe
As the country slowly steps towards some form of normalcy amidst the pandemic, this Diwali, non-governmental organization HelpAge India working for disadvantaged elders, celebrates the festival of lights with a message of hope and togetherness through its campaign and film, 'Andhero Se Roshini Tak.
In a marathon celebration, HelpAge marks the festival across 100 old age homes across the country, bringing happiness, hope and joy to senior citizens, many of who were suffering from isolation, loneliness and a sense of abandonment during the pandemic. The campaign aims to bring them back into the fold and give them a ray of hope and support them.
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The campaign highlights the impact of the pandemic on India's elders vis a vis their health, livelihood and the pervading sense of loneliness and feeling of being forgotten by their own, as social distancing, led to social isolation for many of our elders who were left to fend for themselves.
According to a survey done by HelpAge earlier this year, 36 percent elders at home in India 'were just waiting for the phone to ring'. During the first lockdown, 65 percent of elders lost their only source of livelihood, leaving them with no resources for medicines and no one to reach out to.
The core campaign message urges the younger generation and society at large, to bring hope, light and 'Roshini' back into the lives of elders. It encourages bringing elders back into the family fold and pushes for elder inclusion. A time to give back and spread the love, and reach out to those elders who have no one to call their own and support them.
campaign #AndheroSeRoshiniTak Unsplash
Also read: This charity helps homeless
"Diwali is a time synonymous with hope, positivity and togetherness. The pandemic took a heavy toll on the lives of our elderly, particularly on the disadvantaged. Identified as the most vulnerable, many faced challenges at multiple levels, from loss of livelihood to having no money, no support and were left with a deep sense of isolation and constant anxiety. For those living alone, it was even worse. We hope through this campaign #AndheroSeRoshiniTak we can sensitize people to urgently come forward and celebrate this festival in its truest sense, by sharing the light and love with those who need it most. It is our responsibility to bring light into their lives, it's time to give back." said Rohit Prasad, Chief Executive Officer, HelpAge India. (IANS/PR)
Keywords: Oldage home, homeless people, HelpAge India, Covid-19, lockdown, pandemic, Diwali
By N. Lothungbeni Humtsoe
The spiritual element of wellness can be the most personal piece of the puzzle when trying to place all dimensions of wellness together. Generally, people like to live a life with meaning and purpose. When these goals are met, It brings harmony into one's own life as well as the lives of people around them.
So, what can you do to connect with your spiritual self? It's best to figure out what techniques work for you. Since connecting with the spiritual self involves one's values, beliefs, and purpose, it can be achieved in several ways-both physically and mentally.
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Surbhi Bansal Co-founder Nirmalaya shares 5 tips to connect with your spiritual self:
Set your intention: Your intention can be as simple as saying to yourself, "I want to learn more about spirituality in general," or it could be as formal as sharing your intention with friends in order to celebrate your start on this lifelong journey. Consciously acknowledging your yearning and curiosity, even if only to yourself, is like opening a door and setting out on the path of the seeker.
Be still every day: Our connection to spirit, the universe, or whatever you prefer to call it, is primarily a felt experience. Therefore, a great way to establish a strong spiritual practice is to set aside time to intentionally quiet your thinking mind using meditation, chanting, or mindfulness. All it takes is 15 minutes a day.
Find a quiet spot where you can sit comfortably and undisturbed, set your timer, and observe your mind. If that seems daunting, start with a guided meditation. There are tons of free apps and recordings available online. Find one you like, and commit to following it once a day.
Don't neglect your body: The mind, body, and spirit are all connected, so don't forget to employ your physical body in your pursuit of the mystical. Dancing, drumming, practising yoga, singing, even playing sports are all deeply intuitive ways to express our spiritual selves using our bodies. See if you can get out of your head and simply allow your body to tell you what it wants.
Think positively: Once you start viewing things in your life in a positive manner, you will find yourself thinking differently and refocusing your mind on a happy, healthy place. When you eliminate negativity and re-frame how you think of certain things and situations, you'll notice yourself being more relaxed.
Travel allows you to weed out stressorsUnsplash
Also read: The signs which revel that you are disconnected
Travel. It's true! Taking time for yourself to travel to a comforting place or somewhere new can do wonders for your mind. When you are at a place where your mind can keep out distractions and help you reflect and rest, you will have a better connection with yourself. This allows you to weed out stressors and set your mind on the right path for overall wellness. Some activities to take part in when on a trip can be exercising, speaking with a counsellor or advisor, meditation, or taking a temporary vow of silence. (IANS/PR)
Keywords: Self connection, Spirituality, Travel, spirit, meditation