Sensex gains over 140 points ahead of monsoon session; RIL rises 2.2%.

9:45am: The 30-share S&P BSE Sensex is currently trading higher by 144.57 points, or 0.52%, to 27,981.07, while the Nifty 50 of the National Stock Exchange (NSE) rises 37.60 points, or 0.44%, to 8,579.
 
9:40am: Reliance Industries Ltd (RIL) rises 2.2% to Rs.1,034.85. RIL on Friday posted a higher-than-expected group profit in the three months ended June, helped by stronger margins in its core refining and petrochemicals business. The profit surpassed analyst expectations of Rs.6,515 crore, Reuters reported.

9:35am: The Indian rupee on Monday weakens against the US dollar, while 10-year bond yield gained after Reserve Bank of India (RBI) governor Raghuram Rajan ruled out a rate cut in the next policy meeting.

9:30am: India’s 10-year bond yield is trading at 7.282%, compared with Friday’s close of 7.272%.

9:25am: The dollar rises to ¥105.52 from Friday’s ¥104.81. The euro edges up to $1.1062 from $1.1037.

9:20am: Benchmark US crude adds 2 cents to $45.97 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude advances 20 cents to $47.81 per barrel in London.

9:10am: The Shanghai Composite Index loses 0.5% to 3,038.69 points while Sydney’s S&P-ASX 200 rises 0.5% to 5,455.20. Hong Kong’s Hang Seng is up 0.1% to 21,674.28 and Seoul’s Kospi is unchanged at 2,017.13. Japanese markets are closed for a holiday. Benchmarks in Singapore and New Zealand gain while the Philippines and Indonesia retreat.

9:00am: Asian stock markets are trading mixed on Monday after Wall Street ended the week up, a Turkish military coup failed and China reported better economic data.

8:50am: The Dow Jones industrial average gained 10.14 points, or 0.1%, to 18,516.55. The Standard & Poor’s 500 index slipped 2.01 points, or 0.1%, to 2,161.74. The Nasdaq composite lost 4.47 points, or 0.1%, to end at 5,029.59.


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