Page 3 - Macroeconomic Data News Today

PMI data for the manufacturing and services sector is scheduled to be announced this week which would also influence the trading sentiment.

In 2021, which turned out to be a historic year, the Indian stock indices crossed several milestones and the 30-share Sensex made an annual gain of 10,502.49 points or 21.99% in the year.

In 2021, which turned out to be a historic year, the Indian stock indices crossed several milestones and the 30-share Sensex made an annual gain of 10,502.49 points or 21.99% in the year.

The Sensex nosedived 1,688 points on Friday amid concerns over the new coronavirus variant that also led to rout in global markets.

Base metals prices on the Shanghai Futures Exchange were up across the board on the morning of Friday October 8, while those on the London Metal Exchange were for the most part stronger, as were Asia-Pacific equities.

Base metals prices on the London Metal Exchange were up across the board on the morning of Thursday October 7, which was in line with the stronger tone in Asia-Pacific equities and the pullback in oil prices.

Base metals prices on the London Metal Exchange were mainly weaker on the morning of Tuesday October 5, while markets consolidated recent gains. But volumes have been light with Chinese participants absent due to the weeklong National Day holiday (October 1-7).

Base metals prices were down on the morning of Friday October 1, extending the weakness that started to accelerate on Thursday, when the LME base metals closed down by an average of 2.3%, with tin dropping by 6.2%. The weakness was broad based with equities retreating, too.

URL copied Image Source : PTI Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said. Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said. Besides, the progress of monsoon will also be monitored. "This week marks the beginning of the new month also, so participants will be eyein...

The MPC's interest rate decision, a host of macroeconomic data announcements, COVID-19 trends and global factors would be the major highlights in the equity market this week and their outcome would be a major driving force going ahead, analysts said.