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Market LIVE Updates: Sensex, Nifty open higher; banks in focus, pharma under pressure –

July 06, 2020 07:27 AM IST

Follow our LIVE blog for the latest updates on the novel coronavirus pandemic and its impact

July 06, 2020 09:40 AM IST

Economic recovery in India ‘major challenge’ unless virus is controlled: Moody’s

The chairman of Moody’s Investors Service has warned that economic recovery in India will remain a “major challenge” unless the number of COVID-19 cases starts declining. “The only tool we have right now [to fight coronavirus] is social distancing and that’s exceptionally hard to do in India,” Henry McKinnell told The Financial Times adding that a vaccine for the deadly virus is still a long way off. “Hopefully we’ll have a vaccine, but I think the vaccine is going to take longer than people understand,” McKinnell added.

July 06, 2020 09:37 AM IST

ICICI Bank to consider fund raising: The meeting of the board of directors of the company is scheduled on July 08, 2020 to consider and approve the proposal of raising funds by issue of equity shares and/or other equity linked securities, through permissible mode(s) including but not limited to a private placement, preferential issue, qualified institutions placement, further public offer, etc., or any combination thereof, subject to shareholders’ approval and regulatory and other approvals as may be required, it added.

July 06, 2020 09:27 AM IST

Gainers and Losers on the BSE Sensex: 

Gainers and Losers on the BSE Sensex: 

July 06, 2020 09:26 AM IST

Zydus gets Mexican regulator nod: Zydus has received approval from the regulatory authority of Mexico, COFEPRIS, for its one of its lead research candidate Desidustat to be tested in the management of COVID-19. Clinical and regulatory development of Desidustat in COVID-19 is being executed in Mexico by Avant Santé Research Center S.A. de C.V., a leading Contract Research Organization (CRO) headquartered in Monterrey, Mexico. 

July 06, 2020 09:24 AM IST

#MarketsWithMC | Opening Bell 🔔: Indices open higher with #Nifty above 10,700; banks in focus

Stay tuned to @moneycontrolcom for the latest updates on #Sensex and #Nifty#StocksToWatch #StockMarket | LIVE:

— moneycontrol (@moneycontrolcom) July 6, 2020

July 06, 2020 09:17 AM IST

Market Opens: Indian indices opened higher on July 6 with Nifty above 10700 tracking positive global markets

At 09:16 IST, the Sensex was up 313.48 points or 0.87% at 36334.90, and the Nifty was up 109.40 points or 1.03% at 10716.80. About 883 shares have advanced, 302 shares declined, and 71 shares are unchanged.

July 06, 2020 09:10 AM IST


Indian markets are likely to open in the green tracking positive Asian cues and good economic data from the US. However, global news flows and sector specific developments would be key monitorables.

July 06, 2020 09:08 AM IST

In pics | Stocks in the news: HDFC Bank, Sobha, National Fertilizers, Adani Ports, Crest Ventures, Dynamatic Tech, Indiabulls Housing

In pics | Stocks in the news: HDFC Bank, Sobha, National Fertilizers, Adani Ports, Crest Ventures, Dynamatic Tech, Indiabulls Housing

DJ Mediaprint & Logistics | Hindustan Oil Exploration | Ajanta Pharma | | Marico | National Fertilizers | Premier | Metropolis Healthcare | McLeod Russel India | Mercator are also some of the stocks…

July 06, 2020 09:04 AM IST

Market at pre-open: Benchmark indices are trading mixed in the pre-opening session.

At 09:03 IST, the Sensex was down 1,199.17 points or 3.33% at 34822.25, and the Nifty was up 105.20 points or 0.99% at 10712.60.