Dear Colleagues
I am pleased to attach the Economy / Market Snapshot covering all the major events in June, 2020
Indian Markets gained about 7.50% last month. Nifty has been able to hold the 10,000 levels and currently at 10,302. On the sectoral indices, Bank Nifty gained 11%, IT gained 5%, Auto gained 8%, Pharma gained 2% and FMCG gained 3%. FII’s invested 23,400 crores in the equity market while Domestic Institutions sold about 1,900 crores in the equity market. Indian Rupee closed at Rs.75.50 for 1 US $.
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