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Tuesday, July 6, 2010

Sensex moves up after initial slip

A benchmark index for Indian equities Tuesday crawled into the green after a weak opening and was ruling 54 points higher than its previous close, about 30 minutes into trade.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,402.68 points, was ruling at 17,496.15 points, 54.71 points or 0.31 percent up from its previous close at 17,441.44 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,249.35 points, up 0.26 percent from its previous close.

Broader markets indices were also in the positive, with the BSE midcap index ruling 0.4 percent higher and the BSE smallcap index up a similar quantum.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 02
14:00 M4 Money Supply (MoM) 1 0.0% 0.3%
14:00 S&P Global Manufacturing PMI 1 46.4 45.1 45.1
14:00 Mortgage Approvals 1 60.463K 63.000K 63.603K Revised from 64.309K
14:00 Consumer Credit 1 £1.580B £1.100B £1.102B Revised from £0.875B
14:00 Net Lending to Individuals (MoM) 1 £0.82B £2.80B £14.10B Revised from £13.80B
19:00 S&P Global Manufacturing PMI 2 45.3
19:15 S&P Global Manufacturing PMI 1 52.3 52.3
19:30 ISM Manufacturing New Orders Index 2 47.2
19:30 ISM Manufacturing Prices Paid 2 70.2 69.8
19:30 ISM Manufacturing PMI 3 49.5 48.7
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