News I read on 30th June

1) Quarter 4 - A Loss-making quarter for most of the Indian Companies, despite just seven days of lockdown.
Ref: Business Standard 

2) The Reserve Bank of India (RBI) will be conducting a buy and sell open market operations (OMO) in bonds worth Rs 10,000 crore on Thursday.
Ref: Business Standard

3) India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years.
Ref: Reuters 

5) The gross state domestic product (GSDP) of all states is likely to contract up to 14.3 percent in the current financial year due to the impact of COVID-19-induced lockdown on economic activities
Ref: Business Standard

6) India has been holding up better in hiring than other economies as the Covid-19 pandemic has caused disruptions across the globe, according to a report.
Ref: Business Standard 

8) Wall Street stocks closed higher on Monday and the S&P 500 was poised to clinch its biggest quarterly percentage gain since 1998 as investors hoped for a stimulus-backed economic rebound.
Ref: Reuters 

9) Oil prices fell in early trade on Tuesday after weak Japanese industrial production data.
Ref: Reuters 

On Monday, NIFTY closed 70.60 Points lower at 10,312.40

VIX rose by 0.61% and closed at 28.91, the usual safe range for VIX is between 12 to 20.

SGX Nifty trading 55.05 points higher at 08:00 am, Indian Time