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Market roundup: Recent developments and news impacting your investments on July 6 Market roundup: Recent developments and news impacting your investments on July 6

Market roundup: Recent developments and news impacting your investments on July 6

Euro/USD broke its 20-year low, while HDFC twins merger waits as Tata Motors win case against Evey. In a major development, shareholders of Britannia Industries rejected the promoter’s investment proposal, also the Service Purchasing Managers' Index (PMI), came highest since April 2011, and recovery is seen in demand for the auto sector.

Vishwesh Sanas 0 599 Article rating: 5.0

Euro/USD broke its 20-year low, while HDFC twins merger waits as Tata Motors win case against Evey. In a major development, shareholders of Britannia Industries rejected the promoter’s investment proposal, also the Service Purchasing Managers' Index (PMI), came highest since April 2011, and recovery is seen in demand for the auto sector. 

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Opening Bell: Markets start the week on a happy note; HDFC twins catch the spotlight Opening Bell: Markets start the week on a happy note; HDFC twins catch the spotlight

Opening Bell: Markets start the week on a happy note; HDFC twins catch the spotlight

Nifty Bank index has shot up by 3 per cent, gaining beyond 1,100 points, trading at 38,263 level.

Shreya Chaware 0 559 Article rating: 5.0

Global markets are observing progress in Russia-Ukraine negotiations and are expecting a gradual return to normalcy. Despite mixed global cues, the Indian indices opened on a positive note with Nifty trading above the 18,000 mark since January 19, 2022. Catching the attention was the merger announced by HDFC and HDFC Bank, which will be one of the biggest mergers in the corporate world.

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