Markets end week higher on domestic resilience despite mixed global cues
Mumbai, July 3 -- Indian equity markets ended the week with gains, supported by resilient domestic fundamentals, positive stock-specific developments and continued expansion in manufacturing and services activity, although India's services PMI moderated in June. Global cues remained mixed. The U.S. labour market weakened as June job additions missed expectations, reinforcing expectations of a Federal Reserve rate cut. In Europe, Eurozone inflation eased, while the European Commission reduced duty-free steel import quotas. Britain's economy expanded 0.6% in the January-March quarter. In Asia, China's manufacturing activity returned to expansion and its services sector continued to grow, while Japan's services sector also returned to expans...
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