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Services activity contracts in May after 8 months

The IHS Markit India Services PMI is compiled from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. ....

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Nifty today: SGX Nifty up 30 points; here's what changed for market while you were sleeping

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A strong surge in Covid cases past the 4 lakh daily mark after a drop for three straight days and persistent foreign outflows are not a positive sign for Dalal Street. But RBI s reassurance on policy support and a positive start to Asian markets may lift sentiment. Technical charts suggest choppy trading ahead.
Here’s breaking down the pre-market actions:
STATE OF THE MARKETS
SGX Nifty signals positive start
Nifty futures on the Singapore Exchange traded 31 points higher at 14,724.50 in signs that Dalal Street was headed for a positive start on Thursday.
Tech View: Nifty charts suggest choppy trade ahead ....

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