MARKET WRAP: Sensex gains 499 pts as financials rally, Nifty ends at 10,430
All that happened in the markets today
8:35 AM
FII/FPI & DII trading activity on NSE, BSE and MSEI
8:32 AM
Rupee check
Source: Bloomberg
8:31 AM
Oil rises after sharp drop in US crude inventories
>> Oil prices rose on Wednesday after an industry report showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus outbreak spreads around the world.
>> Brent crude rose 33 cents, or 0.8%, to $41.60 a barrel by after declining more than 1% on Tuesday. US crude was up 42 cents, or 1.1%, at $39.69 a barrel, having dropped by 1.1% in the previous session.
(Source: Reuters)
>> Brent crude rose 33 cents, or 0.8%, to $41.60 a barrel by after declining more than 1% on Tuesday. US crude was up 42 cents, or 1.1%, at $39.69 a barrel, having dropped by 1.1% in the previous session.
(Source: Reuters)
8:28 AM
NEWS ALERT :: China's June Manufacturing PMI comes in at 51.2, reports Reuters
>> The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 51.2 last month, the fastest pace of growth since December, and up from May’s 50.7.
>> China’s factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures and ramped up support steps, but the health crisis continues to pressure exports and jobs, a private business survey showed on Wednesday.
>> China’s economy is gradually emerging from a sharp 6.8% contraction in the first quarter, with much of the country reopened after weeks of disruptions early in the year due to strict lockdown measures. But demand remained subdued, as many manufacturers are still struggling with reduced or cancelled overseas orders amid faltering global demand.
>> China’s factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures and ramped up support steps, but the health crisis continues to pressure exports and jobs, a private business survey showed on Wednesday.
>> China’s economy is gradually emerging from a sharp 6.8% contraction in the first quarter, with much of the country reopened after weeks of disruptions early in the year due to strict lockdown measures. But demand remained subdued, as many manufacturers are still struggling with reduced or cancelled overseas orders amid faltering global demand.
8:21 AM
SGX Nifty hints at lower opening
>> At 8:20 am, the index was at 10,236 level, down 39 points or 0.38 per cent.
8:18 AM
Asian markets set for choppy trade amid mixed cues
Source: Reuters
8:15 AM
S&P 500 ends best quarter since 1998 on a high note
Source: Reuters
8:01 AM
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First Published: Jul 01 2020 | 7:42 AM IST