.jpg)
 (1).jpg)
 (1).jpg)
Welcure Secures ₹517 Cr Global Sourcing Mandate
Welcure signs ₹517 Cr mandate with Thailand's Fortune Sagar; earns 5% commission, boosting FY26 revenue without balance sheet risk.
Global Events
US, Europe Markets Mix and
Asian Markets trade with Negative trend
Nikkei down 300 (-0.77%), Hang S. down 228 (-0.97%),
Taiwan down 313 (-1.40%), Kospi down 11 (-0.40%),
Shanghai down 11 (-0.35%), St.T down 11 Points (-0.29)
GIFT Nifty down 28 Points (24,798)
DOW Future down 47 Points
NASDAQ Futures 72 Points
Brent Crude down 0.58% and near $76.25/ bbl level
US 10 Year Bond Yields flat at 4.39
US Banks will be closed in observance of
Juneteenth National Independence Day.
US Fed keeps rates at the 4.25% - 4.50% range,
reaffirming that the economy is expanding solidly,
with strong labor market conditions.
The Fed still sees an average of 50 bps
in Interest rate cuts by the end of the year.
Fed Chair Powell said...
"The effects of tariffs will depend on the level"
adding that "increases this year will likely weigh
on economic activity and push up inflation"
US initial jobless claims rose by 245000 for the
week ending June 14, matching market expectations.
US Housing sector showed signs of cooling.
May Housing starts fell to 1.256 million units,
marking a 9.8% MoM drop from April's 1.392 million.
The Bank of England is expected to
hold rates steady at 4.25% today
------
All eyes on Major events (IST)
1 PM : SNB Policy Rate (CHF)
4.30 PM : UK Monetary Policy Summary
-----
World Markets.....
US Market Mix
Dow Jones down 44 (-0.10%); NASDAQ UP 25 (+0.13%), S&P down 1.85 (-0.03%)
European Market Mix
FTSE UP 9 (+0.11%), CAC down 27 (-0.36%), DAX down 116 (-0.50%).
Asian Markets Negative
Domestic Events
------------------
Dollar Index down 0.10% at 98.72
Brent Crude UP 0.15% and near $99.06/bbl levels,
Rupees down 22 Paisa to close at 86.47 against US$
Sector Watch
Banking, NBFC, IT, Auto, Retail, Chemical
Sector Avoid
OMCs, Power, Energy, Pharma & Tyres
Indian Markets Trend
Markets to open with negative note and
to remain under pressure in near term
Overall Markets to remain
under perform in third straight session
---
All eyes on....
F&O Weekly expiry
NSE on Tuesday, BSE on Thursday
Primary Markets
HDB Financial Services
likely to launch Rs 12500 Crore IPO by June
Price Band around Rs 750 to 800 (Tentative)
Oswal Pumps IPO Subscribed 28.44x on final Day
Arisinfra Solutions IPO Subscribed 0.26x on Day 1
Monolithisch India NSE Emerge IPO listing today
Aten Paper BSE SME IPO Listing tomorrow
I am following your Smart magazine for couple of years. I appreciate the efforts by your team which has helped me to check my analysis. Mainly chart check is one of the best segment which is recently being published in the magazine which clarifies with proper technical justification.
5