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Sunday 30 June 2019

Market Live By CapitalStars 01/July/2019


Market Live

Nifty likely to open flat.

The Nifty50 is expected to open flat-to-higher on Monday tracking Asian markets which were trading higher after the United States and China agreed on Saturday to restart trade talks. On Friday, Wall Street advanced with the S&P 500 and the Dow closing the book on their best June in generations. The S&P 500 had its best June since 1955. The Dow posted its biggest June percentage gain since 1938, the waning days of the Great Depression, said a Reuters report. Oil prices rose more than USD 1 a barrel on Monday after Saudi Arabia, Russia, Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting this week, added the report. Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 9.5 points or 0.08 percent. Nifty futures were trading around 11,847-level on the Singaporean Exchange.

Global Market:
Asian Markets: Shares in China are higher today as the Shanghai Composite gains 2.14%. The stock markets in Tokyo and Hong Kong are closed at this time.
US Markets: North and South American markets finished mixed as of the most recent closing prices. The S&P 500 gained 0.58% and the Bovespa rose 0.24%. The IPC lost 0.36%.
European Markets: European markets finished broadly higher on Friday with shares in Germany leading the region. The DAX is up 1.04% while France's CAC 40 is up 0.83% and London's FTSE 100 is up 0.31%.

Major Headlines of the day:

Rupee stands at 68.90 per dollar.

PwC quits as auditor for Everready Industries Singhi & Co has replaced PwC as auditor of the company.

Reliance Home Finance extends maturities on NCDs of Rs400cr by 4 months RHFL has already monetised over Rs5,000cr of retail assets and will continue to do so to meet its debt servicing obligations.

UPL completes purchase of Costa Rica-based Industrias Bioquim We would now like to inform that the transaction has closed on June 27, 2019. This acquisition has been made through a subsidiary of UPL Corporation Ltd, the international arm of UPL Ltd, the company added.

Trend in FII flows:- The FIIs were Net Value of Rs -513.91 segment while the DIIs were Net Value of 182.40 the provisional figures.

Securities in Ban For Trade Date 01-JULY-2019
DHFL


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