Market News
  • NIFTY: 15,869.25
  • +57.40 (0.36 )
  • SENSEX: 52,773.05
  • +221.52 (0.42 )
15,869.25
+57.40 (0.36 )

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 5 points at the opening bell.

Consumer Price Index-based inflation (CPI) for the month of May came in at 6.30%, higher than April's 4.23%. The higher inflation month-on-month was primarily on the back of a substantial hardening of food prices.

Global markets:

Overseas, Asian stocks are trading mixed on Tuesday after their U.S. peers closed at a record on Monday ahead of a key Federal Reserve meeting.

The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting. Overnight on Wall Street, the Nasdaq Composite gained 0.74% to an all-time closing high of 14,174.14. The S&P 500 also cruised to another record close, rising 0.18% to 4,255.15. The Dow Jones Industrial Average lagged, dipping 85.85 points to 34,393.75.

The Fed's two-day policy meeting will likely dominate investor behavior this week. Although the central bank is not expected to take any action, its forecasts for interest rates, inflation and the economy could move the markets. Fed Chairman Jerome Powell will speak to the press after the central bank issues its statement Wednesday.

Domestic markets:

Back home, the domestic equity benchmarks ended a roller-coaster session with minor gains on Monday. The barometer index, the S&P BSE Sensex, added 76.77 points or 0.15% to 52,551.53. The Nifty 50 index advanced 12.50 points or 0.08% to 15,811.85.

Foreign portfolio investors (FPIs) sold shares worth Rs 503.51 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 544.26 crore in the Indian equity market on 14 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 63 points at the opening bell.

In economic data, Wholesale Price Inflation (WPI) and Consumer Price Inflation (CPI) inflation for May 2021 is due today, 14 June 2021

India's index of industrial production (IIP) rose by a sharp 134.44% in April 2021, as per data from the National Statistical Office which stressed that the numbers are not strictly comparable with April 2020 when the country was in the midst of a national lockdown. April's industrial output was just 0.08% higher than the pre-pandemic levels of April 2019. On a sequential month-on-month basis, April's IIP contracted 12%.

Global markets:

Overseas, Asian stocks are trading mixed on Monday morning trade, with multiple major markets in the region closed for holidays. Markets in Australia, mainland China and Hong Kong are closed on Monday for holidays.

U.S. stocks rose slightly on Friday with the S&P 500 adding to its new record. The S&P 500 climbed 0.2% to a fresh closing high of 4,247.44, a second record close in a row. The Nasdaq Composite advanced 0.4% to 14,069.42 with Apple, Microsoft and Netflix all registering gains. The Dow Jones Industrial Average gained 13.36 points to 34,479.60.

Meanwhile, leaders of the Group of Seven wealthy nations staked their claim Sunday to leading the world out of the coronavirus pandemic and crisis, pledging more than 1 billion coronavirus vaccine doses to poorer nations, vowing to help developing countries grow while fighting climate change and backing a minimum tax on multinational firms. The G-7 also backed a minimum tax of at least 15% on large multinational companies to stop corporations from using tax havens to avoid taxes, a move championed by the United States.

Domestic markets:

Back home, key indices ended with small gains on Friday, supported by firmness in IT pivotals. The barometer index, the S&P BSE Sensex, rose 174.29 points or 0.33% at 52,474.76. The Nifty 50 index gained 61.60 points or 0.39% at 15,799.35.

Foreign portfolio investors (FPIs) bought shares worth Rs 18.64 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 666.36 crore in the Indian equity market on 11 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 18 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed on Friday, following gains overnight on Wall Street that saw the S&P 500 sailing to a record closing high.

Wall Street stocks ended higher on Thursday, with the S&P 500 closing above its prior record high set on May 7, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary.

Consumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession, the Labor Department reported Thursday.

The consumer price index, which represents a basket including food, energy, groceries and prices across a spectrum of goods, rose 5% from a year ago.

The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly after being held back for months by the coronavirus pandemic. Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday.

Domestic markets:

Back home, the main equity indices ended with strong gains on Thursday amid positive global cues. The barometer index, the S&P BSE Sensex, rose 358.83 points or 0.69% at 52,300.47. The Nifty 50 index gained 102.40 points or 0.65% at 15,737.75.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,329.70 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 575.19 crore in the Indian equity market on 10 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 36 points at the opening bell.

The economic impact of the second wave COVID-19 is likely to be restricted to the first quarter of 2022, the Department of Economic Affairs said in its monthly report.

As per the DEA, rapid vaccination of India's population and the frontloading of the fiscal measures are the key to invigorating investment and consumption.

Global markets:

Overseas, Asian stocks are trading higher on Thursday, as investors looked ahead to an upcoming release of U.S. inflation data for May.

U.S.-China tensions are in focus, with Joe Biden revoking Trump-era bans on TikTok and WeChat. The president ordered a review of software applications from foreign adversaries and action against those that pose a security risk.

Wall Street stocks ended lower on Wednesday, reversing earlier gains as investors awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.

Focus is locked on Thursday's release of U.S. consumer price data and a European Central Bank meeting for further clues about how soon policymakers may begin to withdraw support for Europe's economy rolled out following the COVID-19 crisis.

Domestic markets:

Back home, equity indices ended a volatile session with steep losses on Wednesday, led by weakness in banks and auto shares. The barometer index, the S&P BSE Sensex, slipped 333.93 points or 0.64% at 51,941.64. The Nifty 50 index lost 104.75 points or 0.67% at 15,635.35.

Foreign portfolio investors (FPIs) sold shares worth Rs 846.37 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 271.70 crore in the Indian equity market on 9 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 4 points at the opening bell.

World Bank on June 8 projected India's economy to grow at 8.3 per cent in 2021. Earlier, the World Bank had estimated Indian economy to grow at a pace of 10.1 percent in FY 2021-22. Citing the reason to slash the FY22 growth of Indian economy, the global lending and monitoring body said that India has been hampered by the largest outbreak of coronavirus cases that any country has seen since the beginning of the pandemic.

“In India, an enormous second covid-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of FY2020/21, especially in services. With surging covid-19 cases, foot traffic around work and retail spaces has again slowed to more than one-third below pre-pandemic levels since March, in part due to greater restrictions on mobility," World Bank said in its latest Global Economic Prospects report.

The World Bank on Tuesday upgraded its growth forecast, with the global economy now expected to grow 5.6% in 2021. That compared against an earlier forecast in January for a 4% global economic expansion in 2021.

Still, the organization warned in a Tuesday press release that global output will be about 2% below pre-pandemic projections by the end of this year in spite of the recovery.

Global markets:

Overseas, Asian stocks are trading mostly lower on Wednesday, as investors reacted to the release of Chinese inflation data.

China's factory gate prices increased at the fastest pace since September 2008, official data showed on Wednesday, while consumer inflation also accelerated but at a slower-than-expected rate.

The producer price index (PPI) rose 9.0% from a year earlier in May, according to a statement from the National Bureau of Statistics.

Wall Street stocks finished a choppy session little changed Tuesday as markets digested data showing a lower US trade deficit.

The US trade deficit dipped by $6.1 billion to $68.9 billion in April, slightly larger than expected, as exports rose and imports fell, according to Commerce Department data.

Domestic markets:

Back home, the main equity indices ended with tiny losses on Tuesday. The barometer index, the S&P BSE Sensex, slipped 52.94 points or 0.10% at 52,275.57. The Nifty 50 index lost 11.55 points or 0.07% to 15,740.10.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,422.71 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,626.98 crore in the Indian equity market on 8 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 33 points at the opening bell.

On the coronavirus front, all citizens aged above 18 would be vaccinated at free of cost by the Centre, Prime Minister Narendra Modi announced on June 7. All state-level vaccine procurement would also be taken over by the central government, Modi said. From June 21, Tuesday, all citizens of India above 18 years of age will be given free vaccination, Modi added.

Global markets:

Overseas, Asian stocks are trading mixed on Tuesday, as investors reacted to the release of Japan's revised first-quarter gross domestic product figures.

Revised government data released Tuesday showed Japan's economy shrank 3.9% in the first quarter, an improvement from the initial estimate of a 5.1% contraction.

US stocks clawed back much of their early losses and ended mixed on Monday. Investors are focused on inflation data in the week ahead, with May's Consumer Price Index (CPI) scheduled to be released Thursday.

Domestic markets:

Back home, domestic indices closed with modest gains on Monday as declining COVID-19 cases and positive global stocks boosted sentiment. The barometer index, the S&P BSE Sensex, added 228.46 points or 0.44% at 52,328.51. The Nifty 50 index gained 81.40 points or 0.52% to 15,751.65.

Foreign portfolio investors (FPIs) sold shares worth Rs 186.46 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 983.97 crore in the Indian equity market on 7 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 40 points at the opening bell.

Goods and services tax revenue for April, collected in May, remained above the Rs 1 lakh-crore-mark, even as the second wave of Covid-19 infections hurt economic activity. The GST collections for April were at Rs 1,02,709 crore, according to a statement from the Ministry of Finance on Saturday. That's 27% below the Rs 1.41 lakh crore collected in March.

Global markets:

Overseas, Asian stocks are trading mixed on Monday as investors looked ahead to Chinese trade data for May. Markets in Malaysia and New Zealand are closed today for holidays.

In other developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings.

U.S. stocks closed higher Friday after the May nonfarm-payrolls report showed a less-than-expected gain, leading investors to bet that the Federal Reserve will maintain its easy-money policies for longer.

The U.S. economy added 559,000 jobs in May, the Labor Department said on Friday. The number came in slightly lower than an estimated from economists, but still showed a healthy rebound in the labor market. It's an improvement from the upwardly revised 278,000 payrolls added in April.

The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate. As per reports, the jobs report, while solid, is not strong enough to trigger the Federal Reserve to dial back its bond buying program.

Domestic markets:

Back home, the domestic equity benchmarks ended with small losses on Friday, tracking negative global cues. The barometer index, the S&P BSE Sensex, declined 132.38 points or 0.25% to 52,100.05. The Nifty 50 index lost 20.10 points or 0.13% to 15,670.25.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,499.37 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,175.01 crore in the Indian equity market on 4 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 7 points at the opening bell.

RBI policy:

RBI's Monetary Policy Committee (MPC) began its bi-monthly deliberations on Wednesday, 2 June. The monetary policy outcome will be announced today, 4 June. MPC is widely expected to keep the policy interest rates unchanged, maintain the accommodative stance and ensure adequate liquidity in the system to stimulate growth. The RBI had kept key interest rates unchanged at the last MPC meeting held in April this year. The repo rate was kept at 4% and the reverse repo rate at 3.35%.

Global markets:

Overseas, Asian stocks are trading lower on Friday after U.S. equities sagged amid robust economic data that stoked concerns about a pullback in central bank stimulus.

US stocks ended lower on Thursday, though they came off lows on signs President Joe Biden may be willing to compromise on corporate taxes. Strong U.S. jobs data and record service-sector growth underscored the recovery from the pandemic.

Domestic markets:

Back home, Key equity benchmarks ended with strong gains on Thursday, with small and midcap stocks outperforming. The barometer index, the S&P BSE Sensex, advanced 382.95 points or 0.74% to 52,232.43. The Nifty 50 index gained 114.15 points or 0.73% to 15,690.35.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,079.20 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 278.97 crore in the Indian equity market on 3 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 78 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed on Thursday, as investors reacted to data releases in Australia and China.

A private survey released Thursday showed slowing Chinese services activity growth in May. The Caixin/Markit services Purchasing Managers' Index for May came in at 55.1 on Thursday, lower than the reading of 56.3 in April. Still, that was well above the 50 level that separates expansion from contraction.

US stocks rose slightly on Wednesday with the S&P 500 hovering near an all-time high.

Philadelphia Fed President Patrick Harker said it's appropriate “to slowly, carefully move back” on bond purchases at the appropriate time.

Investors are also digesting President Joe Biden's plans to amend a U.S. ban on investments in companies linked to China's military, and looking ahead to Friday's U.S. jobs report for the latest insight into the rebound from the pandemic and inflation risks.

Domestic markets:

Back home, the key equity indices ended with minor cuts on Wednesday. The barometer index, the S&P BSE Sensex, declined 85.40 points or 0.16% to 51,849.48. The Nifty 50 index gained 1.35 points or 0.01% at 15,576.20.

Foreign portfolio investors (FPIs) bought shares worth Rs 921.10 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 241.76 crore in the Indian equity market on 2 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 14 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed on Wednesday, with official data showing higher-than-expected growth in Australia's economy for the first quarter.

Australia's gross domestic product rose 1.8% from last quarter on a seasonally adjusted basis in the first three months of the year, according to official data released Wednesday.

South Korea's consumer inflation accelerated to a more than nine-year high in May. Consumer prices rose 2.6% in May from a year earlier, government data showed on Wednesday, logging the fastest growth since April 2012. It grew 2.3% in April.

U.S. stocks finished Tuesday mostly flat as optimism about the economic reopening met lingering angst about inflation and price pressure.

Investors began the first week of June on a high note as Covid cases continue to decline and vaccinations rise in the U.S. In a major milestone, more than half the U.S. population has received at least one dose of a Covid vaccination, according to data posted by the Centers for Disease Control and Prevention.

Growth in U.S. manufacturing picked up in May. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its index of manufacturing activity rose in May to a reading of 61.2 in May from 60.7 in April.

Domestic markets:

Back home, the domestic equity benchmarks ended almost flat after a volatile session on Tuesday. The barometer index, the S&P BSE Sensex, fell 2.56 points at 51,934.88. The Nifty 50 index lost 7.95 points or 0.05% at 15,574.85.

Foreign portfolio investors (FPIs) sold shares worth Rs 449.86 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 230.49 crore in the Indian equity market on 1 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 53 points at the opening bell. Markit Manufacturing PMI for May will be declared on today, 1 June 2021.

India's gross domestic product (GDP) for 2020-21 contracted by 7.3%, even as GDP for the year's last quarter (January-March 2021) grew by 1.6%, official data released by the National Statistical Office showed on May 31.

Global markets:

Overseas, Asian stocks are trading mixed on Tuesday ahead of European and U.S. data this week that will likely offer clues on the health of the global economy.

China's factory activity expanded at the fastest pace this year in May. The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 52.0 last month, the highest level since December and inching up from April's 51.9.

Markets in the U.S. were closed on Monday for a holiday.

Meanwhile, the global economic outlook is improving as vaccine rollouts allow businesses to resume operations and as the United States pumps trillions of dollars into the world's largest economy, the OECD said on Monday, nudging its forecasts higher.

The global economy is set to grow 5.8% this year and 4.4% next year, the Organisation for Economic Cooperation and Development said, raising its estimates from 5.6% and 4% respectively in its last forecasts released in March.

Domestic markets:

Back home, the domestic equity benchmarks ended with robust gains on Monday. Investors sentiment improved due to a steady decline in daily COVID-19 cases in India. Strength in other Asian stock markets also supported buying. The barometer index, the S&P BSE Sensex, advanced 514.56 points or 1% to 51,937.44. The Nifty 50 index gained 147.15 points or 0.95% to 15,582.80.

Foreign portfolio investors (FPIs) bought shares worth Rs 2,412.39 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 179.78 crore in the Indian equity market on 31 May, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 53 points at the opening bell.

Economic Data:

The key data point to watch out for would be the GDP growth rate for March 2021 quarter, which will be released today, 31 May 2021. The infrastructure output and fiscal deficit for April will also be announced today.

Global markets:

Overseas, Asian stocks are trading mixed on Monday, as investors reacted to the release of China's official manufacturing Purchasing Managers' Index for May.

China's official manufacturing Purchasing Managers' Index for May came in at 51.0. The May figure was also a slight decrease from the previous month's reading of 51.1.

Japan's retail sales rose 12% in April as compared with a year earlier, according to government data released Monday .

Markets in the U.S. are closed on Monday for a holiday. US stocks climbed on Friday as investors brushed off a stronger-than-expected inflation reading.

Domestic markets:

Back home, equity indices ended a range bound session with modest gains on Friday, supported by upbeat global stocks. The barometer index, the S&P BSE Sensex, advanced 307.66 points or 0.6% at 51,422.88. The Nifty 50 index gained 97.80 points or 0.64% to 15,435.65, its record closing high level.

Foreign portfolio investors (FPIs) bought shares worth Rs 913.59 crore, while domestic institutional investors (DIIs), were also net buyers to the tune of Rs 1,275.22 crore in the Indian equity market on 28 May, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 52 points at the opening bell.

All eyes will be glued to the 43rd Goods and Services Tax (GST) Council meeting later in the day. After nearly eight months, Union Finance Minister Nirmala Sitharaman will chair the meeting via video conferencing at 11 am. The GST Council is likely to discuss a reduction in the tax rate on Covid medicines, vaccines and medical equipment as well as means to make up for the shortfall in revenues promised to states.

Meanwhile, the government is reportedly planning a stimulus package and direct, immediate relief for sectors such as hospitality and Medium, Small and Micro Enterprises (MSME), which are India's biggest employers and have been battered by COVID-19.

Global markets:

Overseas, Asian stocks are trading higher on Friday after solid U.S. economic data and President Joe Biden's federal spending plans spurred a rally on Wall Street in cyclical shares.

U.S. stocks advanced on Thursday, as data showing improvement in the labor market helped bolster expectations in the economic recovery and spurred a minor rotation towards stocks seen as more likely to benefit from the rebound.

On Thursday, Senate Republicans unveiled their $928 billion infrastructure counteroffer to President Joe Biden's $1.7 trillion proposal. Republicans again rejected Biden's call to raise corporate taxes, contending they could cover infrastructure costs with funds already allocated by Congress or with transportation user fees.

The number of Americans filing new claims for unemployment benefits dropped more than expected last week as layoffs subsided. Initial claims for state unemployment benefits fell 38,000 to a seasonally adjusted 406,000 for the week ended May 22, the Labor Department said. That was the lowest since mid-March 2020 and kept claims below 500,000 for three straight weeks.

In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%

Domestic markets:

Back home, equity indices ended a volatile session with small gains on Thursday. The S&P BSE Sensex, rose 97.70 points or 0.19% at 51,115.22. The Nifty 50 index gained 36.40 points or 0.24% at 15,337.85, its record closing high level.

Foreign portfolio investors (FPIs) sold shares worth Rs 660.90 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 112.38 crore in the Indian equity market on 27 May, provisional data showed.

Trading could be volatile today as traders roll over positions in the F&O segment from the near month May series to June series. The May 2021 F&O contracts expire today, 27 May 2021.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 16 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mostly lower on Thursday as investors reacted to the release of Chinese industrial profits data for April.

Earnings at China's industrial firms grew at a slower pace in April. Profits at China's industrial firms rose 57% year-on-year in April to 768.63 billion yuan ($120.22 billion), down from year-on-year growth of 92.3% in March, data from the National Bureau of Statistics (NBS) showed on Thursday.

US stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation. Shares of companies linked to a recovering economy gained.

The optimism on the economy comes as U.S. average daily Covid cases fall below 25,000 and as nearly half the U.S. population has received at least one vaccination dose.

Domestic markets:

Back home, domestic indices settled with modest gains on Wednesday. Encouraging Q4 earnings and positive cues from other Asian stock markets boosted investors sentiment. The barometer index, the S&P BSE Sensex, rose 379.99 points or 0.75% to 51,017.52. The Nifty 50 index gained 93 points or 0.61% at 15,301.45.

Foreign portfolio investors (FPIs) bought shares worth Rs 241.60 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 438.59 crore in the Indian equity market on 26 May, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 28 points at the opening bell.

Global markets:

Overseas, most Asian stocks are trading higher on Wednesday, with multiple markets in Southeast Asia closed for a holiday. In Southeast Asia, markets in Indonesia, Singapore and Thailand are closed for a holiday on Wednesday.

U.S. stocks closed slightly lower on Tuesday following a rally in the prior session as investors continue to try and assess the route of inflation.

Domestic markets:

Back home, the benchmark indices settled near the flat line on Tuesday. The barometer index, the S&P BSE Sensex, fell 14.37 points or 0.03% at 50,637.53. The Nifty 50 index gained 10.75 points or 0.07% at 15,208.45.

Foreign portfolio investors (FPIs) bought shares worth Rs 959.77 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 563.59 crore in the Indian equity market on 25 May, provisional data showed.