To access a PDF translation of this newsletter, amuse click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06092020.pdf if you used to although ought accept this newsletter via email, amuse register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS ought see 11:00 am: Finance Minister Nirmala Sitharaman ought involve video conference with heads of state-run banks ought periodical confidence flow can New Delhi. 12:30 pm: ICRA webinar above the Indian securitisation impartial can Mumbai. 4:00 pm: Health ministry responsible ought concise above COVID-19 speak can New Delhi. 4:00 pm: speak shore of India delegate Managing Director Sujit Verma can PHDCCI’s webinar can New Delhi. PROMOTION LIVECHAT - REUTERS GLOBAL MARKETS FORUM Jim Vogel, Executive VP & Manager, utilize evaluate Strategies can FHN Financial, discusses what’s expected can this week’s Federal reserve meeting, the tools the central shore when has can its disposal because the U.S. economical begins ought recover from the coronavirus pandemic, and how these factors will play out above the U.S. crop curve. ought participate the dialogue can 7:30 pm IST, click above the link: https://refini.tv/2P8N0Wp INDIA peak information • India government leaders rope above hospital beds because coronavirus infections wave Indian federal authorities above Monday struck down an bid by the Delhi city government ought reserve hospital beds because residents because the speak reported a record quantity of coronavirus infections can a sole day. • India plans ought hike edible fat import taxes ought raise local supply, sources speak India is considering raising import taxes above edible oils because the speak seeks ought grow self-reliant by boosting local oilseed manufacture with the help of tax revenues, two government and two industry officials told Reuters. • Indian fat seeks up ought 24 million barrels of U.S. rude ought diversify imports Indian Oil, the country's peak refiner, is seeking ought buy up ought 24 million barrels of U.S. fat because delivery among October 2020 and March 2021, soft documents showed, because separate of its efforts ought diversify supply. GLOBAL peak information • It's official: U.S. economical entered recession can February The U.S. economical ended its longest expansion can history can February and entered recession because a arise of the coronavirus pandemic, the personal economics investigation orchestra that acts because the arbiter because determining U.S. affair cycles said above Monday. • Thousands earnings tribute ought George Floyd because stress mounts because U.S. police reform Thousands of mourners braved sweltering fever above Monday ought meaning the casket of George Floyd, whose death from a police officer kneeling above his neck ignited worldwide protests against mistreatment of African Americans and other minorities by U.S. regulation enforcement. • S.Korean gymnasium denies capture justify application because Samsung heir A South Korean gymnasium denied an capture justify application because Samsung orchestra heir Jay Y. Lee back prosecutors accused him of accounting deception and stock manipulation. LOCAL MARKETS anticipate (As reported by NewsRise) • SGX Nifty nearest-month futures were 0.7% higher can 10,231.00. • The Indian rupee is expected ought business higher against the U.S. coin back the S&P 500 Index wiped off year-to-date losses, pushing the dollar index ought near-three-month lows. • Indian government bond yields will responsible business largely unchanged ahead of a fresh furnish of speak debt, still investors eye crop bow supporting measures from the central shore ought absorb excess supply. The crop above the benchmark 5.79% bond maturing can 2030 is responsible ought business can a mount of 5.78%-5.83% until the auction today. GLOBAL MARKETS • The Nasdaq posted a record closing high above Monday, becoming the first of the chief indexes ought approve a new cow market, still the S&P 500 ended can certain domain because the year because expectations because a fast recovery from a coronavirus-driven downturn increased. • Asian stocks rallied because their ninth straight appointment and fat prices jumped because the lifting of coronavirus lockdowns can many countries fed investor hopes of a relatively rapid global economic recovery. • The dollar nursed losses because surging ware currencies paused because breath and a rising yen pointed ought investor trepidation above the U.S. Federal Reserve's next move. • U.S. Treasury yields retrenched a tiny above Monday from last week's dramatic rise, still an auction of three-year notes was met with hard demand. • fat prices climbed, paring losses from the foregoing session, because markets broadly rose above growing confidence can a global recovery with pandemic lockdowns easing. • gold prices rose because the U.S. dollar hovered infer a three-month represent and between fears of a deep economic fallout from the coronavirus crisis, still investors focused above the U.S. Federal reserve conference because clues above policy measures. infer FII INVESTMENTS EQUITIES DEBT PNDF spot 75.56/75 June 8 9.50 crores (367.47) crores .59 10-yr bond crop 5.80 pct Month-to-date 20,824 crores (1,556) crores Year-to-date (19,521) crores (1,06,970)crores (FII investment numbers are can Indian rupees. Source: National Securities Depository Limited) because extra data: India govt bond impartial volumes Stock impartial reports Non-deliverable forwards information Corporate debt stories [IN CORPD] Local impartial closing/intraday levels [IN SNAPSHOT] Monthly inflows [INFLOWS RTRS desk IN] ($1= 75.49 Indian rupees) (Compiled by Nachiket Tekawade can Bengaluru)
