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As on Jul 09, 2020 12:00 AM Your results on : Pre Session    
Indices may open higher
09-Jul-2020 (08:03)

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 52 points at the opening bell. IT bellwether TCS will consider Q1 result today, 9 July 2020.

Overseas, Asian stocks are trading higher on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic, and as investors looked ahead to earnings season.

Producer price index slipped 3% year-on-year in June, according to data from China's National Bureau of Statistics. Meanwhile, the consumer price index rose 2.5% as compared with a year ago.

In US, stocks ended Wednesday higher, with the tech-heavy Nasdaq scoring an all-time record, as investors focused on stocks that can outperform amid an acceleration of coronavirus infections in about 30 American states and longer periods of working from home.

Equity markets booked gains Wednesday, even as investors focused on the question of whether unabated increases in COVID-19 cases in a number of U.S. states would delay economic recovery.

In separate appearances, three U.S. Federal Reserve officials said the pace of the economic recovery may be stalling, though another, St. Louis Fed President James Bullard, reportedly said he felt many lost jobs will be regained by year's end.

U.S. traded shares of Alibaba Group Holding rallied 9%, following a report that the Chinese e-commerce giant plans an initial public offering for Ant Financial Services Group. KKR & Co. stock gained 10% after it announced Wednesday an agreement to buy retirement and life insurance company Global Atlantic Financial Group.

Back home, the market corrected on Wednesday, snapping a five-day rising streak. Mixed global cues triggered profit booking in domestic shares. IT stocks tumbled while metal shares bucked trend. The barometer S&P BSE Sensex tumbled 345.51 points or 0.94% at 36,329.01. The Nifty 50 index lost 93.90 points or 0.87% at 10,705.75. Both these indices jumped about 5% in the past five trading sessions.

Foreign portfolio investors (FPIs) sold shares worth Rs 994.87 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 853.41 crore in the Indian equity market on 8 July, provisional data showed.

Market may open higher
08-Jul-2020 (08:08)
Market may open lower
07-Jul-2020 (08:04)
Market may open higher
06-Jul-2020 (07:50)
Stocks may open higher
03-Jul-2020 (08:11)
Market may open higher
02-Jul-2020 (08:20)
Indices may open in negative zone
01-Jul-2020 (08:15)
Market may open higher
30-Jun-2020 (08:09)
Market may open lower
29-Jun-2020 (08:00)
Market may open higher
26-Jun-2020 (08:10)
Indices may see weak opening
25-Jun-2020 (08:08)
Market may open lower
24-Jun-2020 (08:09)
Market may open slightly higher
23-Jun-2020 (08:05)
Market may open lower
22-Jun-2020 (07:54)
Flat opening likely
19-Jun-2020 (07:57)
Market may open lower
18-Jun-2020 (07:54)
Stocks may open lower
17-Jun-2020 (08:10)
Stocks may see gap-up opening
16-Jun-2020 (07:51)
Market may open lower
15-Jun-2020 (08:06)
Black Friday on the cards
12-Jun-2020 (08:06)
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