MARKETS LIVE: Indices related to a range, Nifty above 10,700; pharmaceutical stocks increase



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Graph of the Day: Shriram City Union Finance Food Processing Companies Stand Up After MSP Announcement

COMPANY

LATEST

PREV CLOSE

GAIN()

GAIN(%)

L T FOODS

61.80

57.10

4.70

8.23

KOHINOOR FOOD

39,90

37.80

2.10

5.56

VIRAT CRANE INDS

46.00

43.65

2.35

5.38

MANPASAND BEVER.

172,55

164.35

8.20

4.99

MAHAAN FOOD

16,90

4:10 p.m.

0.80

4.97

NEW MSP ALERT for common variety paddy increased by Rs 200 / quintal MSP ALERT for paddy increased by Rs 250 / quintal

Markets are trading in a range with some positive bias despite worries in global markets, including Pharmaceutical industry indices advanced on Wednesday, as the Nifty Pharma index rose 1%. Lupine, Dr. Reddy, Sun Pharma, Cadila Healthcare and Glenmark increased 1.7% to 3.1% in intraday transactions



GLOBAL MARKETS

Asian stocks slid Wednesday as a cut-off date week-end for US duties on Chinese imports worth $ 34 billion weighed, while the yuan stabilized after China's central bank undertook to calm nervous investors .

The MSCI's broadest index of Asia-Pacific equities outside Japan declined 0.25%, a day after reaching its lowest level in nine months. Nikkei of Japan erased his losses before stabilizing late in the afternoon. Mainland shares fell, with the CSI300 index down 0.7%.

Many investors fear that Washington will announce the imposition of tariffs on $ 34 billion worth of Chinese products on July 6.

OIL PRICES

Oil prices rose slightly on Wednesday after a report of tighter fuel stocks in the United States due to a failure at Syncrude's oil sands facility Canada in Alberta, which usually provides

Prices have also been pushed by US sanctions against Iran, which threaten to cut supplies in an already tense market despite OPEC promises to cut prices. increase production to compensate for disturbances. Texas Intermediate (WTI) futures increased by 37 cents (0.4%) to $ 74.51 per barrel compared to their latest settlement. Tuesday, WTI reached its highest level since November 2014 at $ 75.27. Brent forward prices were trading at $ 78.04 a barrel, up 28 cents (0.4%) from their last close.


(With Reuters data)

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