Morning News Call - India, July 7

To access a PDF version of this newsletter, please click here Link

If you would like to receive this newsletter via email, please register at: Link


• No major events are scheduled for the day.


• India central bank acts to enhance foreign fund inflows, stabilise rupee

India's central bank took a slew of measures on Wednesday to boost foreign exchange inflows, including allowing overseas investors to buy short-term corporate debt and opening of more government securities under the fully accessible route.

• India's cryptocurrency industry reels as new tax hammers trading

India's new cryptocurrency tax has dealt a heavy blow to the country's crypto exchanges, adding to broader sectoral woes and sending trading volumes plunging by up to 90%.

• India's aviation watchdog pulls up SpiceJet over safety lapses

India's aviation regulator has issued a warning notice to SpiceJet after a review of recent incidents by the watchdog showed "poor internal safety oversight and inadequate maintenance actions" by the airline.

• Reliance to bring Gap to India in latest retail bet

Reliance, India's largest retailer, said on Wednesday it has partnered with Gap to sell the U.S. clothing retailer's brands locally, marking its latest expansion in the booming consumer market.

• India's export curbs, tax hike to exacerbate global diesel, gasoline shortage

India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.

• India's July palm oil imports may surge to 10-month high as prices plunge

India's palm oil imports in July are set to jump to the highest in 10 months because of a hefty correction in prices and as Indonesia allows more exports of the tropical oil, four dealers told Reuters.

• India's restaurants slam new rules against compulsory service charge

Thousands of restaurants in India are objecting to recent government guidelines that prevent them from automatically levying a service charge on bills, saying it is not illegal and that the move will hurt the livelihood of millions of employees.


• Fed's fear of entrenched high inflation fueled big rate hike, minutes show

A deteriorating inflation situation and concern about lost faith in the Federal Reserve's power to make it better prompted U.S. central bank officials to rally around an outsized interest rate increase and a firm restatement of their intent to get prices under control, minutes of the June 14-15 policy meeting showed.

• Boris Johnson 'up for a fight' as clamour to quit grows

British Prime Minister Boris Johnson defied pressure to quit on Wednesday from senior ministers and a mounting rebellion within his ruling Conservative Party, saying he will fight off any attempts to oust him over a series of scandals.

• Chips drive highest Samsung Q2 profit since 2018, but demand cooling

South Korea's Samsung Electronics turned in its best April-June profit since 2018, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools.


• SGX Nifty nearest-month futures were trading 0.84% higher at 16,116.


• Wall Street put a seesaw day behind it to close higher on Wednesday, as investors digested new clues on the U.S. central bank's approach to rate policy and its inflation fight detailed in the minutes from the latest Federal Reserve meeting.

• Japanese shares rose, as investors continued to buy beaten-down technology stocks, with sentiment underpinned by Wall Street's overnight gains.

• The euro hovered near a two-decade low against the dollar as Europe's energy woes cast a long shadow over the economic outlook.

• Benchmark U.S. Treasury yields edged higher on Wednesday but had a relatively muted reaction after minutes from the Federal Reserve's June meeting showed that a deteriorating inflation situation prompted Fed officials to rally around an outsized interest rate increase.

• Brent crude futures extended declines for a third session, slipping under $100 a barrel, as fears of a potential global recession spurred concerns about oil demand.

• Gold prices edged up from nine-month lows touched in the previous session, after the dollar paused its rally, alleviating pressure on greenback-priced bullion.




79.03/79.05 July 6

2,133.01 crores

237.13 crores 10-yr bond yield 7.294%


(2,419) crores

(373) crores


(2,19,777) crores (15,243) crores

(FII investment numbers are in Indian rupees. Source: National Securities Depository Limited)

For additional data:

India govt bond market volumes

Stock market reports

Non-deliverable forwards data

Corporate debt stories


Local market closing/intraday levels [IN SNAPSHOT]

Monthly inflows


($1 = 79.02 Indian rupees) (Compiled by Paulose Joseph)

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。


本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。