Infra and Capital Goods to take market up by year-end

Markets globally have been on a roller-coaster ride of late. But for India, the picture seems to be brightening. "The second half of the current financial year will be better for markets." The Sensex at reasonably higher levels by the end of this year.

Asian stocks slip

Asian stocks slipped on Monday after weak U.S. employment data set a cautious tone to the week, further hobbling the dollar and putting the rising euro on a path to USD 1.50 ahead of a European Central Bank policy meeting.

The weakest U.S. jobs growth in eight months in May reflected a global business cycle shifting to slower growth and confirmed what many investors had been already anticipating by taking a defensive stance in their portfolios.
The two outstanding questions for them are if the synchronised slowdown reflected in industrial indicators around the globe is a warning of something worse on the horizon and whether monetary policy can again come to the rescue of major economies this time.

Oil prices will likely steady this week

Oil prices will likely steady this week as renewed fears of supply disruption from the Middle East and North Africa are offset by signs of an economic slowdown in the developed world.


U.S. crude futures on Friday settled lower at USD 100.22 a barrel, taking the weekly loss to 0.36%, after volatile trading, as a grim May employment report weighed on prices but the weak dollar and Middle East violence helped limit losses.

Read the Story: Oil prices to stabilize as geopolitics offset weaker data

रामदेव ने योगपीठ से शुरू किया सत्याग्रह

भ्रष्टाचार के खिलाफ बाबा रामदेव ने हरिद्वार में अपनी योगपीठ से ही सत्याग्रह शुरू किया है। उनके साथ बड़ी संख्या में उनके समर्थक सत्याग्रह पर बैठे हैं। शनिवार देर रात बाबा रामदेव के आंदोलन पर सरकार ने सख्ती दिखाई थी। बाबा को हिरासत में लेकर वापस हरिद्वार भेज दिया गया था। बाबा ने हरिद्वार पहुंचकर साफ कर दिया था कि वो सत्याग्रह जारी रखेंगे।

उन्होंने सरकार पर साज़िश करने का आरोप भी लगाया है। वहीं ये भी कहा है कि उनके सहयोगी बालकृष्ण पर जो भी आरोप लगाए जा रहे हैं वह पूरी तरह गलत हैं। बाबा रामदेव ने कहा है कि सरकार उन्हें राजधानी दिल्ली जाने से 15 से 30 दिन से ज्यादा नहीं रोक सकती।

Nifty down to 5500

Indian equity started the first trade of the week on a negative note following weak global cues post disappointing jobs report. The Nifty has tested the 5500 level in early trade and was hovering around the same level.

Among frontliners, Cairn, M&M, Tata Motors, Maruti Suzuki, Bajaj Auto, ONGC, Ambuja Cements, Jaiprakash Associates, Reliance Infrastructure, SBI and ICICI Bank were pulling the markets down.
However, Sun Pharma, Reliance Power, HUL, HDFC, Reliance Communications were supporting the benchmarks. At 9:18 hours IST, the 30-share BSE Sensex was trading at 18,346, down 30 points and NSE Nifty fell 14 points to 5,503.