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U.S. Markets Tumble; SGX Nifty Indicates Gap-Down Opening

Yesterday, Nifty opened with moderate gains and traded in a narrow range (11,508–11,584) during the day to close flat. Volume was comparatively higher. One distribution day expired yesterday as 25 trading days have passed and the day of liquidation has become irrelevant. In the broader market, Nifty Midcap and Nifty Smallcap closed 0.9% and 0.7% higher, respectively.

On the sectoral front, there was mixed action. Nifty IT, Auto, FMCG, and Pharma were leading and closed 0.8–1.5% higher. On the flip side, Nifty Bank, Financial Services, and Metals were lagging and closed 0.5–1.5% lower.

The market status was recently changed to an Uptrend Under Pressure. We will be slightly cautious while initiating fresh long positions. We will change the status to a Downtrend if two or three more distribution days are added or if Nifty breaches its 50- and 200-DMA. On the flip side, the status will be shifted back to a Confirmed Uptrend if Nifty retakes the 11,795 level (high made during the recent rally).

Key News

Guj.Ste.Fert.& Chems. resumed methanol plants with a daily installed capacity of 525MT.

Jubilant Industries reported Q1 FY21 results yesterday. Revenue from operations was down 37.9% y/y to Rs 94.3 crore. It reported a loss of Rs 3.1 crore, compared with a profit of Rs 9.6 crore for the same quarter last year.

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Detailed Introduction to Pepsin

Pepsin is one of the main protein degradation or proteolytic enzymes in the digestive system. During the digestion process, pepsin acts on complex dietary proteins and is broken down into peptides and amino acids that are easily absorbed by the intestinal wall. It can be used as an adjuvant treatment for anemia, especially in weight loss diets when protein intake increases. It is used as a research tool for protein analysis. It can also be used in tablets to increase appetite, and to prepare cheese and other protein-containing foods.

Pepsin is an aspartic protease and an endopeptidase that breaks down proteins into smaller peptides. Pepsin is one of the three main proteases in the human digestive system. Carbohydrates, fats and proteins are broken down in specific digestive enzymes and at specific locations in the digestive system. Pepsin is located in the stomach and plays a major role in protein breakdown. The digestion of protein by pepsin is not complete, and the digestive enzymes in the small intestine complete the work of breaking down food protein.

The stomach is a sack-like organ located in the upper left abdomen. It can hold up to 2 liters of food and liquids. When food enters the stomach, the strong muscles of the stomach wall stir the food and mix it with the gastric juice to produce “chyme.” Gastric juice contains mucus, hydrochloric acid and gastrin hormones, and stimulates the secretion of the precursor enzyme pepsinogen.

Pepsinogen is the precursor of pepsin, which is released by the main cells of the intestinal wall. Its primary structure consists of 44 amino acids. Compared with pepsin, pepsinogen is stable in neutral and weakly alkaline environments. The parietal cells of the stomach wall release hydrochloric acid, and pepsinogen can be activated by hydrochloric acid. When eating, gastrin and the vagus nerve trigger the gastric wall to release pepsinogen and hydrochloric acid. Hydrochloric acid creates an acidic environment, allowing pepsinogen to unfold and autocatalytically cleave, thereby producing pepsin.

The acid in the stomach causes food proteins to unfold in a process called denaturation. Denaturation exposes the molecular bonds of proteins so that pepsin can access them and break down the protein into smaller fragments called peptides or polypeptides. The small intestine continues to break down proteins by cutting peptides into amino acids, which are easily absorbed into the blood. Pepsin digests the protein for several hours and then slowly transfers the partially digested food mixture to the small intestine.

The mucus in the stomach protects the stomach wall from the potential damage of hydrochloric acid and pepsin. Stomach ulcer is a painful sore that may occur when the stomach wall is damaged. A bacterium called Helicobacter pylori can live in an acidic environment and is thought to prevent the secretion of protective mucus, which causes pepsin to form holes in the stomach wall. Antigastric drugs work by raising the pH in the stomach and inactivating pepsin, because pepsin only works at low pH. Long-term use of antacids is not recommended, because the inhibitory effect of pepsin will prevent adequate protein digestion. Absorption of incompletely digested protein fragments may cause allergies and other health problems.

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What Is The Best Possible Way To Get A Personal Loan In Bangalore?

Bangalore is the capital city of Karnataka which is also considered the IT hub centre of India. Because of its rapid pace of development, the cost of living is significantly high. As a result, arranging funds for basic needs has turned out to be a forbidding task.

Why should anyone opt for a personal loan?

When you are in dire need of cash, a personal loan can be your saviour. Most of the personal loans are unsecured, which does not require you to pledge your assets like property, home, gold, etc.

The best possible way to get a personal loan in Bangalore is by applying with NBFCs (Non-Banking Financial Companies) as they quickly approve and instantly disburse your loan amount into your account in a few hours. Moving ahead, let us discuss the features and benefits of availing a personal loan in Bangalore.

Instant to approve – You can now apply for a personal loan in Bangalore, right from the comfort of your home. Because the application process is paperless and completely carried out online. If you can qualify for the eligibility criterion set by your lender and complete all the other formalities, your loan application will be approved instantly. Based on the lender you have chosen the loan amount will be disbursed within a few hours to a few days into your account.
Minimal paperwork – Just by submitting only a few mandatory documents concerning your identity, residence, and income as proofs, you will be approved with a personal loan in Bangalore. The loan application process is fully digital and there are no additional documents taken from you.
Flexible to repay – Because of the increase in demand for personal loans in Bangalore, many lenders are offering loans under relaxed guidelines. You have the advantage of choosing a tenure which suits your needs. So, you can pay the loan amount as per your convenience and with extreme financial ease.
Transparency – It is advisable to choose a lender who offers loans with no hidden charges and under complete transparency. So you can avail the loan after knowing all the terms and conditions beforehand.
Eligibility for a personal loan

The eligibility criterion slightly differs from one lender to another. To qualify for a personal loan in Bangalore, the most common eligibility criteria followed:

You must be more than 21 years of age
Must be of Indian nationality and
Should earn a good source of income
Documents that are to be submitted for a personal loan

The basic documents requested by your lender while approving your loan is:

Identity proof – Aadhar/Driving license/Passport etc.,
PAN card
Address proof – Driving license/Utility bills/Aadhar etc.
Last 3 months payslips
Photo or a selfie
Conclusion

Because of Bangalore’s lifestyle and cost of living, many individuals may face financial troubles. To balance yourself financially, it is always advisable to opt for a personal loan in Bangalore. Check out for one of the best lenders like FlexSalary. They provide loans throughout India, and you can get instant access to money if you have a cash crunch.

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