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May 2021 ISM and Markit Services Surveys Improve And Remain Well Into Expansion The ISM improved and remained in expansion whilst the Markit PMI improved and now is at record highs. Analyst Opinion of the ISM and Markit Services Survey With the economy reopening, it comes as no surprise that both of these indices are well into expansion. From Econoday: Stronger client demand spurs sharper output expansion Cost burdens rise at quickest pace on record Further steep increase in employment despite hiring May PMI™ data indicated the fastest rise in business activity since data collection for the...

Read more about Market Ahead Podcast, May 31: Factors that could guide markets this week on Business Standard. GDP data for the March quarter is slated to be out on Monday along with the core sector data for April

Nifty futures on the Singapore Exchange traded 74 points, or 0.48 per cent, lower at 15,418.5 signaling that Dalal Street was headed for a negative start on Monday.

The National Statistical Office will release GDP growth estimates for March 2021 quarter as well as provisional annual estimates for 2020-21 on Monday. The Indian economy is estimated to show growth rather than contraction during January-March (Q4) of FY 2020-21, according to an ET poll.

Latest count of confirmed COVID-19 cases worldwide at 0500 GMT, May 23 Xinhua 23 May 2021, 15:44 GMT+10 BEIJING, May 23 (Xinhua) -- The following are the latest updates on the COVID-19 global confirmed cases in hardest-hit countries by the Center for Systems Science and Engineering at Johns Hopkins University at 0500 GMT, May 23. Country Confirmed Cases