Contrary to government claims, not a single indicator is encouraging; rather the numbers are so bad that government has stopped releasing industrial output data after April and those that are available for May and June are rather depressing

The services sector accounts for about 60% of the economy and half of the urban jobs, and includes many small, private companies which had been slower to recover initially than large manufacturers

Although improved from May, sub-indexes showed domestic and foreign demand continued to decline sharply leading firms to cut jobs for the fourth straight month in June

In terms of technical indicators, Nifty closed towards 10,400, that was expected as its earlier resistance level and further upside can be expected at 10,600 now. Nifty has been consolidating at 10,000 level recently

The stock market is expected to react to announcements Prime Minister Narendra Modi made on Tuesday as well as economy numbers released today

China's official purchasing managers' index (PMI) released Tuesday showed factory activity in the world's second-largest economy grew for a fourth straight month in June. China's services sector PMI also expanded at a faster pace compared to the previous month.

\"The current uptick in equity markets reflect the eternal conundrum of the linkage between the real and financial sector,\" the SBI Ecowrap report said

Stock market update for upcoming week: Share market is currently up 38 per cent from the lows of March

Why the sharp recovery and sustained run in stock markets is built on weak fundamentals. Despite the fall, they are trading at double the valuation of the 2008 Lehman crash

Movement of goods also picked up as is evident from the massive growth total assessable value of e-way bills.  Value of goods transported (as assessed through e-way bills) showed a 130% growth at Rs 8.98 lakh crore in May 2020

Indias economy is expected to shrink in FY21. The government has come out with several reforms of late to make the country a global manufacturing hub and push jobs and growth

Earlier this week, Moody's downgraded India's sovereign rating to the lowest investment grade citing weak government financials, sustained slowdown, and poor executin of economic reforms

\"Service sector activity in India is still effectively on hold, latest PMI data suggests, as output fell at an extreme rate once again during May,\" IHS Markit report said

\"Service sector activity in India is still effectively on hold, latest PMI data suggest, as output fell at an extreme rate once again during May,\" Joe Hayes, Economist at IHS Markit said

Highlighting the uncertain outlook, the government said in late May it was not setting an annual growth target, for the first time since 2002

Stock Market LIVE Updates: Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others

Passenger train services begin: 200 trains to ferry 1.45 lakh people todayAs many as 1.45 lakh passengers will be travelling in 200 special trains today, June 1, according to the Ministry of Railways. The ministry revealed around 26 lakh passengers have booked for Advance Reservation Period (ARP) from June 1 to June 30. From today onwards, Duronto, Sampark Kranti, Jan Shatabdi, and Poorva Express will reinstate services after 68 days. Coronavirus effect: Hotels may have to wa...

In May, the PMI index for medium-sized and small enterprises fell to 48.8 and 50.8, respectively, while large companies reported a faster expansion in activity

The headline figure was pulled down by sharp declines in output, new orders and the backlog of work, which all contracted at the fastest pace in more than a decade

Sensex, Nifty Live News Today: Bharti Airtel, ONGC, NTPC, Reliance Industries and Tata Steel were among the gainers in the Sensex pack. On the other hand, ITC, Axis Bank, Titan, Bajaj Auto, Maruti, M&M, L&T and IndusInd Bank were among the was the top losers.