Global indices gain with US markets adding up to 2% despite tariff war; Asian markets drag

For the week, the Dow increased 0.7 percent, the S&P 500 rose 1.5 percent, and the Nasdaq gained 2.4 percent while on the other hand, the Nikkei fell 2.3 percent while on the other hand, Hang Seng shed 2.2 percent. Shanghai for the week closed down 3.5 percent

The market ended on a positive note but off day's high on the back of last hour selling with Nifty ended below 10,800 and Sensex above 35,600. The 30-share BSE Sensex was up 83.31 points at 35,657.86 and the 50-share NSE Nifty rose 22.90 points to 10,772.70. The market breadth was on advancing side, about 1441 shares have advanced, 1177 shares declined, and 159 shares are unchanged.

The Nifty 50 rose past 10,800 mark, but settled at 10,772.65, up 22.90 points, or 0.21 percent. For the week, Sensex rose 0.66 percent and Nifty 50 gained 0.54 percent. The volatility index ended lower by 1.11 percent at 12.44 thereby falling 3.9 percent for the week.

The domestic market witnessed see-saw movements tracking global markets amid rising crude oil prices and inflationary concerns after MSP hike for kharif crops by the government.

India's services sector activity expanded at the fastest pace in a year in June, following a marginal contraction in the previous month. The headline Nikkei Services Purchasing Managers' Index climbed to 52.6 in June from 49.6 in May.

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Reference By-  https://www.moneycontrol.com/news/business/markets/global-indices-gain-with-us-markets-adding-up-to-2-despite-tariff-war-asian-markets-drag-2682881.html