Pre-Market views - April 6, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
Pre-Market views - April 6, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-04-05 22:33:35 (Time Zone: Arizona, USA) USA equities witnessed sharp rebound with Dow and S&P 500 scaling fresh highs as investors continued to get comfort from steady improvement in key economic data. After seeing strong data for March, Services index for March also witnessed sharp recovery to 63.7%, which is the highest since 1977. Notably, with ramp-up in vaccination process in the USA, service sector has started opening-up faster, which bodes well for the economy. Looking ahead, i...