News I read on 9th July

1) While global equities have rallied on the back of aggressive monetary easing by central banks, the corporate results season should hopefully provide a reality check.
Ref: livemint

2) Equity mutual funds saw a considerable fall in the net inflows during June which were the lowest in over four years.
Ref:livemint

3) Major developed economies face a surge in debt as the coronavirus crisis sparks massive fiscal stimulus, but they have time to get their houses in order
Ref: reuters

4) 90 percent of private equity and venture capital investors envisage a decline in fund-raising activities over the next 6 to 12 months because of the Covid-19 pandemic
Ref: Business Standard

5) After the initial hiccup due to lockdown in 2020-21, state-run Indian Oil Corporation (IOC) has resumed work on 336 projects worth about Rs 1.04 trillion.
Ref: Business Standard 

6) Ahead of the commercial launch of futures trading in bullion and base metals, the country's largest commodity exchange MCX will conduct mock trading of the same beginning Thursday till July 31.
Ref: livemint

7) Gold pushed above $1,800 an ounce on Wednesday for the first time since 2011, with analysts expecting further gains as investors stock up on an asset they expect to hold its value.
Ref: yahoo finance

8) A resurgent coronavirus pandemic in the United States and the prospect of improving growth abroad are souring some investors on the dollar, threatening a years-long rally in the currency.
Ref: yahoo finance

9) The Centre has outlined a strategy for increased investment in chemical and petrochemical sectors and provide certain tax incentives foe greater activity in these sectors.
Ref: moneycontrol

10) Asian stocks were expected to rise on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic.
Ref: Reuters 

On Wednesday, NIFTY closed 93.90 Points lower at 10,705.75

VIX rose by 3.97% and closed at 26.10, the usual safe range for VIX is between 12 to 20.

SGX Nifty trading 31.10 points higher at 08:00 am, Indian Time.