‘Squid Game’ will get a second season

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Seoul, Jan 21 | The popular Korean survival drama ‘Squid Game’ will be getting a Season 2, co-CEO and chief content officer Ted Sarandos has confirmed.

On Netflix’s fourth quarter 2021 earnings interview, Sarandos was asked whether there would be a second season of the violent South Korean survival drama, which has scored as the company’s No. 1 most-viewed TV series, reports variety.com.

“Absolutely,” Sarandos replied.

“The ‘Squid Game’ universe has just begun.”

He put ‘Squid Game’ in the category of Netflix’s burgeoning bouquet of entertainment franchises that the company sees as having growth potential outside the core streaming service, with live experiences, games and merchandise. Sarandos called out ‘Bridgerton’, the second most-viewed Netflix original TV show, with the Season 2 set to bow in March, and ‘Stranger Things’, with Season 4 slated for this summer.

Previously, ‘Squid Game’ creator Hwang Dong-hyuk had indicated that the hit series would be returning for a Season 2.

‘Squid Game’ is by a long shot Netflix’s biggest-ever TV show, based on the streamer’s calculation that subscribers worldwide streamed 1.65 billion hours of the show in the first 28 days of its release on the platform.

In Season 1, 456 cash-strapped contestants are invited by a mysterious organisation to compete in a series of children’s games with deadly consequences.

Netflix paid $21.4 million for the first season of ‘Squid Game’ and has estimated the series will deliver $891 million in what it calls “impact value”, per confidential internal data that was leaked to Bloomberg.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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