IMSL Integrated Master Securities Pvt Ltd

World Bank on June 8 projected India's economy to grow at 8.3 per cent in 2021. Earlier, the World Bank had estimated Indian economy to grow at a pace of 10.1 percent in FY 2021-22. Citing the reason to slash the FY22 growth of Indian economy, the global lending and monitoring body said that India has been hampered by the largest outbreak of coronavirus cases that any country has seen since the beginning of the pandemic.

“In India, an enormous second covid-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of FY2020/21, especially in services. With surging covid-19 cases, foot traffic around work and retail spaces has again slowed to more than one-third below pre-pandemic levels since March, in part due to greater restrictions on mobility, World Bank said in its latest Global Economic Prospects report.

The World Bank on Tuesday upgraded its growth forecast, with the global economy now expected to grow 5.6% in 2021. That compared against an earlier forecast in January for a 4% global economic expansion in 2021.

Still, the organization warned in a Tuesday press release that global output will be about 2% below pre-pandemic projections by the end of this year in spite of the recovery.

Global markets:

Overseas, Asian stocks are trading mostly lower on Wednesday, as investors reacted to the release of Chinese inflation data.

China's factory gate prices increased at the fastest pace since September 2008, official data showed on Wednesday, while consumer inflation also accelerated but at a slower-than-expected rate.

The producer price index (PPI) rose 9.0% from a year earlier in May, according to a statement from the National Bureau of Statistics.

Wall Street stocks finished a choppy session little changed Tuesday as markets digested data showing a lower US trade deficit.

The US trade deficit dipped by $6.1 billion to $68.9 billion in April, slightly larger than expected, as exports rose and imports fell, according to Commerce Department data.

Domestic markets:

Back home, the main equity indices ended with tiny losses on Tuesday. The barometer index, the S&P BSE Sensex, slipped 52.94 points or 0.10% at 52,275.57. The Nifty 50 index lost 11.55 points or 0.07% to 15,740.10.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,422.71 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,626.98 crore in the Indian equity market on 8 June, provisional data showed.

Powered by Capital Market - Live News

Company

Market Board

Important Links

Contact

	303-304, New Delhi House, 27, Barakhamba Road, New Delhi-110001.
	011-43074307-30 \| Fax: 011-43074315
Compliance Officers: Ms. Sonam Sethi for Integrated Master Securities Pvt Ltd.
	011-43074317
	compliance@integratedmaster.com
	ceo@integratedmaster.com

Integrated Master Securities Pvt Ltd: Member of NSE & BSE- SEBI Registration No-INZ000175931 | CDSL: Depository Services through Integrated Master Securities Pvt Ltd- SEBI Registration No: | NDSL: Depository Services through Integrated Master Securities Pvt Ltd- SEBI Registration No: IN-DP-499-2020 | Commodity trading through MCX & Ncdex.- SEBI registration No-INZ000033534

Please read the Risk Disclosure Document prescribed by the Stock Exchanges carefully before investing. There is no assurance or guarantee of the returns. Investment in securities market are subject to market risk, read all the related documents carefully before investing.

ATTENTION INVESTORS:
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.
2. Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month
4. Prevent Unauthorized Transactions in your demat account. Update your Mobile Number / Email ID with Integrated Master Securities Pvt. Ltd. To receive alerts on your Registered Mobile for all debit and other important transactions in your demat account and information of your transactions directly from NSDL\CDSL on the same day. Issued in the interest of investors.
5. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Designed, Developed and Powered By CMOTS Infotech ( ISO 9001:2015 Certified )

NASDAQ 16332.56
-16.69 -0.10%

DJIA 38884.26
31.99 0.08%

S&P 500 5187.70
6.96 0.13%

HANG SENG 18479.37
-98.93 -0.53%

NIKKEI 225 38835.10
599.03 1.57%

STRAITS TIMES 3300.04
-3.15 -0.10%

FTSE 100 8313.67
100.18 1.22%

KLSE COMPOSITE 1605.68
8.29 0.52%

JAKARTA COMPOSITE 7123.61
-12.28 -0.17%

NIFTY 22246.70
-55.80 -0.25%

× Ask Your Question