In the broader markets, the BSE MidCap index settled 0.12 per cent higher while the BSE SmallCap index closed 0.26 per cent lower

Sensex see-saws 325 pts, ends 19 pts down; banks gain; Tata Motors drops 9%

<strong>Stock market updates</strong>: TThe frontline equity indices halted their two-day winning run as profit-booking in all but financial sector dragged them in the negative territory on Tuesday. Moreover, a fall in the monthly GST collection below Rs 1-trillion, for the first time in eight months, weighed on investor sentiment.&nbsp;<br />
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	Add to it, the 10-year government bond yield rose 1.6 per cent on Tuesday amid concerns that high crude oil prices may keep inflationary pressures mounted in the economy. Brent Crude Futures were hovering above $77 per barrel-mark after OPEC and its allies decided to call-off their meeting indefinitely.&nbsp;&nbsp;</div>
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Effectively, the 30-share BSE barometer dropped 268 points from the record peak of 53,129, touched earlier today, to settle at 52,861 levels, down 19 points or 0.04 per cent.&nbsp;<br />
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	Only 11 of the 30 constituents on the index managed to end in the green led by UltraTech Cement (up 3 per cent), HDFC Bank, Bajaj twins, Kotak Bank, IndusInd Bank, and Tata Steel.</div>
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	On the NSE, the broader Nifty50 declined 16 points, or 0.10 per cent, to end at 15,818 levels.</div>
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	Tata Motors, down 8.5 per cent, ended as the top laggard on the index after its UK subsidiary Jaguar Land Rover (JLR) said it expects an operating cash outflow of about &pound;1 billion, with negative earnings before interest tax (EBIT) margin in the second quarter ended September 2021 (Q2FY21), due to the supply constraints. <a href="https://www.business-standard.com/article/markets/tata-motors-falls-10-from-high-as-jlr-expects-negative-ebit-margin-in-q2-121070600679_1.html" target="_blank"><strong>READ ABOUT IT HERE</strong></a></div>
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	In the broader markets, the BSE MidCap index settled 0.12 per cent higher while the BSE SmallCap index closed 0.26 per cent lower.</div>
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	In terms of sectoral participation, the Nifty Bank was the top performing index, up 0.9 per cent, trailed by the Nifty Financial Services index, up 0.8 per cent. On the flipside, the Nifty Auto was the biggest loser, down 1.8 per cent.&nbsp;</div>
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	<strong>Global markets</strong></div>
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	European stocks slipped on Tuesday after three sessions of gains as gloomy trading in Asia and an unexpected drop in German industrial orders offset a jump in commodity stocks. The pan-European STOXX 600 index fell 0.1 per cent.</div>
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	In Asia, Japan&#39;s Nikkei added 0.16 per cent and South Korea&#39;s Kospi gained 0.36 per cent. Australia&#39;s ASX200, however, fell 0.7 per cent.</div>
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	On Wall Street, futures of all three main US stock indices were down up to 0.06 per cent.</div>
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	<em><strong>(With inputs from Reuters)&nbsp;</strong></em></div>

Business Standard

Sensex see-saws 325 pts, ends 19 pts down; banks gain; Tata Motors drops 9% | News on Markets - Business Standard

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SGX Nifty indicates weak start for D-Street

&gt; Nifty futures on Singapore Exchange traded 33 points down at&nbsp;15,831 at 8.30 am, indicating a negative start for benchmark indices<br />
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	<img align="" alt="Singapore Exchange, sgx" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2018-05/26/full/1527356799-0602.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="Singapore Exchange, sgx" width="620" /></div>
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The rupee surged by 43 paise, its best single-session gains in nearly three months, to settle at 74.31 against the US dollar on Monday, tracking stronger Asian peers against the American currency and a firm trend in the domestic equity market.<br />
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<em>Text Source: PTI</em><br />
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	<img align="" alt="rupee" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-01/21/full/1611209498-8467.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="rupee" width="620" /></div>
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Brent oil holds near $77 as OPEC+ talks end without supply deal

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	Brent oil was steady near $77 a barrel after OPEC+ ended days of talks without a deal to bring back more halted output next month, depriving the market of vital barrels as the global economic recovery gathers pace. Futures in London rose 1.3% on Monday after the alliance failed to reach an agreement, which will leave current production limits in place for August unless talks are revived in the coming days.</div>
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	(Text Source: Bloomberg)<br />
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		<img align="" alt="Photo: Bloomberg" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-07/06/full/1625539184-6974.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Abu Dhabi" width="620" /></div>
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Most Asian markets opened a fraction higher today. Japan&#39;s Nikkei was up 0.45% while the S&amp;P ASX200 stood 0.21% higher. In South Korea, the Kospi 200 Index rose 0.5% in early trade.

&gt;&gt;&nbsp;US markets were closed on Monday to mark the Independence Day holiday

Good morning, readers! Welcome to the Business Standard live blog.

Sensex see-saws 325 pts, ends 19 pts down; banks gain; Tata Motors drops 9%

In the broader markets, the BSE MidCap index settled 0.12 per cent higher while the BSE SmallCap index closed 0.26 per cent lower

FII & DII activity on Monday

SGX Nifty indicates weak start for D-Street

Rupee logs best one-day gain in 3 months

Brent oil holds near $77 as OPEC+ talks end without supply deal

Asian markets gain

US MARKET UPDATE

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