Market Review 08-06-2020 – 10.18 am

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Market Review

US: U.S. Stocks scored strong gains after the May jobs report far surpassed expectations, validating investor bets on a sharp recovery from the damage inflicted by the coronavirus

Asia: Asian stocks started the week with gains after Friday’s U.S. jobs report smashed expectations and bolstered hope of a quick economic rebound.

India: India equities were higher at the close on Friday, as gains in the Public Sector Undertakings, Metals and Banking sectors propelled shares higher. Market Nifty is expected to open gap up and likely to witness positive move during the day.