Brazil beat Peru 3-1 to win 9th Copa America title
Brazil clinch their ninth Copa America football trophy after 12 years
Rio de Janeiro, July 8 Everton and Gabriel Jesus struck first-half goals before Richarlison converted a late penalty as hosts Brazil defeated Peru 3-1 in the Copa America final here on Sunday.
Gremio forward Everton opened the scoring at the Maracana. Peru captain Paolo Guerrero netted from the penalty spot in the 44th minute, Xinhua reported.
Jesus restored Brazil''s lead by slotting in a cool finish after a counter-attack on the stroke of halftime.
Brazil were reduced to 10 men in the 70th minute when Jesus was shown a second yellow card for catching Carlos Zambrano with an elbow as both were jostling for the ball.
But the-five time world champions were unshaken and sealed the victory in the 90th minute when Richarlison held his nerve from the spot after Everton was brought down by Zambrano.
It is the ninth time that Brazil have lifted the football''s oldest international continental trophy, which was first played in 1916.
Their last triumph came in 2007 when they beat Argentina 3-0 in Venezuela.
The VAR monitor bore the brunt of Gabriel Jesus's anger when he was sent off
Jesus threatened to turn from hero to villain when he was sent off in the 70th minute
Jesus was furious when he was sent off, with a water bottle joining the VAR monitor in being the focus of his frustration
Gabriel Jesus' was sent off for this. #CopaAmerica #BRAxPER pic.twitter.com/c15ffVr6On
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Equity markets decline in early trade dragged by services, realty stocks, FII outflows
Mumbai (PTI): Equity benchmark indices Sensex and Nifty declined in early trade on Monday weighed down by losses in services and realty stocks and sustained foreign fund outflows.
The 30-share BSE Sensex dropped 316.52 points, or 0.37 per cent, to 85,395.85 in the morning trade. The 50-share NSE Nifty declined by 106.70 points, or 0.41 per cent, to 26,079.75.
From the Sensex firms, Bajaj Finance, Bharat Electronics Ltd, Axis Bank, Bajaj Finserv, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra, NTPC, ICICI Bank, PowerGrid, Hindustan Unilever and Larsen & Toubro were the laggards.
However, Tech Mahindra, Infosys, Eternal, Reliance Industries, Tata Motors Passenger Vehicles, Tata Consultancy Services, Trent, HCL Technologies and Tata Steel were among the gainers.
"Emerging positive and negative news have the potential to keep the market volatile in the near-term. Robust economic growth and indications of earnings growth revival are supportive of markets.
"The massive fiscal and monetary stimulus to the economy this year has contributed to sharp revival in GDP growth as evidenced by the 8.2 per cent Q2 GDP growth print, and RBI's upward revision of FY 26 GDP growth to 7.3 per cent augurs well for the market," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.
He noted that low GDP deflator, consequent to low inflation, has impacted nominal GDP growth and corporate earnings growth. But from the leading indicators it is clear that about 15 per cent earnings growth is achievable in FY27. This is positive for the market.
"However, there are strong negatives, too, which can impact the market. Sustained depreciation of the rupee has been forcing FIIs to sell in the market continuously," Vijayakumar added.
Meanwhile, foreign institutional investors (FIIs) offloaded equities worth Rs 438.90 crore on Friday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 4,189.17 crore, according to exchange data.
In Asian markets, Japan's Nikkei 225, Shanghai's SSE Composite index and South Korea's Kospi were trading in the green territory while Hong Kong's Hang Seng index was quoting in the red zone.
US markets ended higher on Friday.
"American equities posted modest, broad-based gains last week, supported by softer inflation data and resilient macroeconomic indicators that sustained expectations of Federal Reserve rate cuts," Devarsh Vakil, Head of Prime Research, HDFC Securities, said.
He noted that investors positioned cautiously ahead of the upcoming Federal Open Market Committee (FOMC) meeting, additional inflation releases, and year-end portfolio adjustments.
Brent crude, the global oil benchmark, rose 0.13 per cent, to USD 63.83 per barrel.
On Friday, the 30-share BSE Sensex benchmark advanced 447.05 points to settle at 85,712.37, while the 50-share NSE Nifty climbed 152.70 points to close at 26,186.45.
