*Very Good Morning!!!*
*US Markets in Detail...*
*SGX: 17,373 (-20) (-0.11%)*
*Provisional Cash Rs. In Crs. (1st Aug)*
FIIs +2,321 (16,377 – 14,057)
DIIs -822 (5,332 – 6,154)
*Today’s Major Corporate Earnings:*
ADANIGREEN, BANKINDIA, BOSCHLTD, DEEPAKNI, DHANUKA, DODLA, GATEWAY, GICHSGFIN, GODREJPROP, IONEXCHANG, JKIL, JMFINANCIL, JUBLPHARMA, MOIL, SAREGAMA, SCHNEIDER, SFL, SHYAMMETL, SIEMENS, VOLTAS, ZEELEARN, etc
*Y’day’s major Bulk Deals on BSE (as data came late)*
STALLION ASSET PRIVATE LIMITED bot Aditya Vision Ltd. 142255 @ 952.08
NISHANT PRABHAKAR sold Aditya Vision Ltd 116575 @ 950.25
RINU SINHA sod Aditya Vision Ltd 85000 @ 954.18
INNOPARK (INDIA) PRIVATE LIMITED bot Lotus Chocolate 115188 @ 121.24
REDDYVANGA VENTURES LLP sold…
Sensex: 58,116: +545: +0.95%
Nifty: 17,340: +182: +1.06%
BankNifty: 37,903: +412: +1.10%
NiftyIT: 29,220: +68: +0.23%
MIDCAP: 24,413: +363: +1.51%
Dow: 32,798 (-47) (-0.14%)
S&P: 4,119 (-12) (-0.28%)
Nas: 12,369 (-22) (-0.18%)
Brazil: 102,225 (-940) (-0.91%)
Ftse: 7,413 (-10) (-0.13%)
Dax: 13,480 (-4) (-0.03%)
Cac: 6,437 (-12) (-0.18%)
MOEX: 2,180 (-34) (-1.52%)
WTI Oil: $93.89 (-4.7) (-4.8%)
Brnt: $100.1 (-3.8) (-3.7%)
Gold: $1,788: +6: +0.33%
Silver: $20.36: +0.82%
Copper: $354 (-3) (-0.87%)
Copper (LME): $7,918: +156: +2%
Alluminum (LME): $2,489: +33: +1.32%
Zinc (LM): $3,309: +149: +4.7%
Tin (LME): $25,047: +694: +2.85%
Eur-$: 1.0260
GBP-$: 1.2253
Jpy-$: 131.65
Re: 79.0262 (-0.30%)
USD- RUB: 62.1719: +0.57%
US10yr: 2.57%
GIND10YR: 7.240 (-1.09%)
$ Index: 105.3940 (-0.48%)
US Vix: 22.84: +7.08%
India Vix: 17.485: +5.65%
BalticDry: 1,895 (-50) (-2.57%)
*ADR/GDR*
Cogni (-0.50%)
Infy: +0.67%
Wit: +1.13%
IciciBk (-0.24%)
HdfcBk: +0.45%
DrRdy: +0.72%
TataMo: +7.22%
TatSt (-3.58%)
Axis: +0.87%
SBI: +0.75%
RIGD: +2.93%
INDA: +0.74% (IShares MSCI INDIA ETF)
INDY: +0.32% (IShares MSCI INDIA 50 ETF)
EPI: +0.97% (Wisdom Tree India Earning)
PIN: +0.81% (Invesco India Etf)
*Stock futures were flat in overnight trading after a new month of trading kicked off for the markets.*
*Shares of Pinterest soared more than 21% in extended trading despite disappointing results after Elliott Management revealed it’s the largest investor in the social media company.*
Futures tied to the Dow Jones Industrial Average inched 0.3%, or 10 points lower, while S&P 500 futures and Nasdaq 100 futures dipped 0.04% and 0.01%, respectively.
*U.S. stock indexes ended slightly lower, snapping a three-session streak of gains on Monday, following the S&P 500’s and Dow industrials’ biggest monthly gain since November 2020 as investors digested hawkish comments from Federal Reserve officials and data showing slower growth in the manufacturing sector.*
The tech-heavy Nasdaq 100 was little changed after rising as much as 1.1%. All the indexes struggled for direction throughout the session. US Treasuries rallied, with the 10-year yield declining to around 2.59%, the lowest since April.
The 30-stock Dow slipped even though Boeing jumped 6.13% after the U.S. approved a plan to resume 787 deliveries. The energy sector was a big drag on the market as oil prices fell. Shares of Diamondback Energy, ExxonMobil, Chevron and Devon Energy all traded down.
*This week, investors have more economic data and company earnings to digest. The July nonfarm payrolls report from the Bureau of Labor Statistics will give more insight into the labor market. Solid jobs growth has led economists to say the U.S. is currently not in a recession, despite two consecutive quarters of negative GDP. Earnings are due from Caterpillar, PayPal and Starbucks.*
After hinting at a possible pivot last week, Fed officials suggested that the central bank will need to raise rates further to bring inflation under control. A purchasing managers index of manufacturing was the latest data point to show that aggressive Fed tightening is starting to slow economic growth.
By: via @AlliesFin Serve Stock Market
