market/10-things-you-need-to-know-before-the-opening-bell-on-july-6-2-9888811.htm” data-title=”” data-id=”9888811″ data-cat=”Market” data-description=”The Indian market is likely to open on a flat note on Tuesday following a similar trend on SGX Nifty. The Nifty futures were trading 28.50 points or 0.18 percent lower at the 15,839 level on the Singaporean Exchange at 7:55 am.” wp_automatic_readability=”53.676470588235″>
The Indian market is likely to open flat on Tuesday after a similar trend at SGX Nifty. The Nifty futures traded on the Singaporean Exchange at 7:55 a.m., down 28.50 points, or 0.18 percent, from the 15,839 level.
1. Wall Street: Stocks closed higher on Wall Street, with the S&P 500 recording its seventh straight gain and seventh straight all-time high. The S&P 500 and Nasdaq rose 0.8 percent and the Dow rose 0.4 percent after a report showed the country’s labor market was stronger than expected last month.
2. Asian stocks: Shares in major Asia Pacific markets battled for direction in Tuesday morning trading as investors watch the Australian central bank‘s rate decision. The Nikkei 225 in Japan rose 0.29 percent. Over in South Korea, the Kospi gained 0.51 percent. Mainland stocks fell. Hong Kong’s Hang Seng index fell 0.5 percent. Meanwhile, stocks in Australia rose while the S & P / ASX 200 rose 0.18 percent. MSCI’s broadest index for Asia-Pacific stocks outside of Japan traded around the flatline.
3rd D-street: The Indian market ended near record close on Monday, boosted by metals and financials as investors hoped for a strong corporate earnings season. The Sensex finished 395 points higher at 52,880 and the Nifty rose 112 points to 15,834.
4. Crude Oil: Oil prices rose slightly on Tuesday after the previous day’s rally, aided by expectations of a tighter market as OPEC + countries’ production talks broke off. However, there is concern that members may begin to increase production-restricted profits. Brent crude rose 0.1 percent to $ 77.23 a barrel by 0052 GMT. US WTI crude oil futures were trading at $ 76.38 a barrel, up 1.6 percent from Friday’s close.
5. Gold: Gold gained Rs 69 to Rs 46,408 per 10 grams on Monday in line with solid global trends. Silver also jumped Rs 251 to Rs 69,035 per kg, from Rs 68,784 per kg in the previous trade. In the international market, gold traded higher at $ 1,793 an ounce and silver was flat at $ 26.60 an ounce.
dollar index fell 0.08 percent to 92.15.” title=” 6th rupee: The rupee rose 43 paise, the best single session gains in nearly three months, to settle at 74.31 against the US dollar on Monday. Meanwhile, the dollar index fell 0.08 percent to 92.15.” class=”lzy_img”/>
6th rupee: The rupee rose 43 paise, the best single session gains in nearly three months, to hover at 74.31 against the US dollar on Monday. Meanwhile, the dollar index fell 0.08 percent to 92.15.
7. Cryptocurrency: Bitcoin, the largest cryptocurrency in the world, traded nearly 2 percent lower at $ 33,770 and erased weekend profits when they hit $ 36,000. Ether was also trading 2.15 percent lower at $ 2,211.
8. Service activities in India: The seasonally adjusted India Services Business Activity Index fell from 46.4 in May to 41.2 in June as new hires and production contracted the fastest since July 2020, prompting companies to cut their jobs again. Continue reading
9. SEBI: Exchanges and other market infrastructure institutions, as well as their top officials, must be sanctioned if they fail to handle and fix technical malfunctions, with Sebi introducing a stricter compliance system driven by “financial disincentives”. Continue reading
10. RBI: The government’s Emergency Credit Line Guarantee Program (ECLGS) significantly spiked loan growth for micro, small and medium-sized enterprises (MSMEs) in fiscal year ending March 2021, although concerns about the quality of assets in this segment increased, data from the Reserve Bank of India showed. Continue reading
dollar index fell 0.08 percent to 92.15.” title=” 6th rupee: The rupee rose 43 paise, the best single session gains in nearly three months, to settle at 74.31 against the US dollar on Monday. Meanwhile, the dollar index fell 0.08 percent to 92.15.” class=”lzy_img”/>
