Hero MotoCorp sales decline by 12.6%
Hero MotoCorp said that its total sales in July 2021 stood at 4,54,398 units, down by 12.6% from 5,20,104 units sold in July 2020.
The Australian and New Zealand dollars were trying to sustain a rally on Thursday as global sentiment improved a little, though the rising economic impact of lockdowns in Australia meant risks remained to the downside.
Shares in Asia dropped to a one-week low on Monday and safe haven assets rose on fears of rising inflation and a surge in coronavirus cases, while oil prices dropped on oversupply concerns.
Stock markets in Asia rebounded slightly on Monday, as Wall Street hit a record high and China’s policy easing helped quell some of the recent unease about global economic growth.
European travel stocks dipped 2% on Monday after a rise in COVID-19 cases across Asia, while the STOXX 600 stayed below record highs on concerns over a sudden tapering in ultra-loose global monetary policy in the wake of rising inflation.
Share markets in Europe rallied by lunchtime on Monday as a £5.5bn private equity bid for UK supermarket chain Morrisons sparked speculation of a higher offer.
European stocks started the week slightly higher as investors wait for the June meeting of the U.S. Federal Reserve.
The Nikkei 225 rose 0.1%, S&P/ASX 200 rose 1%, the Hang Seng slipped 0.7%, Kospi lost 0.5%, while shares gained in Singapore and Jakarta but dropped in Taiwan