Page 3 - Fiscal Stimulus

Wall Street closes at record highs as Netflix jumps, Biden inaugurated

Dow up 0.83%, S&P 500 up 1.39%, Nasdaq up 1.97%; FAANGs jump after Netflix results beat estimates

Sensex, Nifty soar 1.7% on US stimulus hope; HDFC, RIL and ICICI Bank gain

Indices recoup most of the losses of last 2 sessions

Sensex soars 834 points as bulls make a comeback on stimulus hopes

HDFC twins, Reliance Industries and ICICI Bank accounted for almost half of the benchmark's gains

Dow, Nasdaq hit record highs as focus turns to Biden's stimulus plan

Dow Jones Industrial Average rose 116.19 points, or 0.38%, to 31,178.17, Nasdaq Composite gained 81.07 points, or 0.62 %, to 13,210.89

Will the bull keep running?

The global setting is perfect for equities, but investors should have one eye on factors that could rattle the markets

Asia stocks off highs, yields up as US stimulus plans set to be unveiled

Asian shares took a breather while Treasury yields were at 10-month highs as "trillions" in new US fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade

Top headlines: Govt plans spending boost, international flight ban extended

Business Standard brings you top news of the evening

Stimulus hopes, Brexit deal lift benchmarks; Axis Bank rises over 3%

The Sensex ended the session at 46,973, a gain of 529 points or 1.14 per cent. The Nifty ended the session at 13,749, or up 148 points or 1.09 per cent

Indices end near records; Sensex gains 529 pts; RIL up 2.5%, Infy dips 1%

Markets will remain shut on Friday on account of Christmas.

Sensex gains for 2nd day, ends 437 pts up at 46,444; HUL, Infy top gainers

India VIX cooled off over 6 per cent to end at 20.5 levels

Sensex cracks 1,407 pts as Covid-19 fears resurface; Nifty holds 13,300

InterGlobe Aviation and SpiceJet sunk up to 10 per cent on the BSE after India suspended flights from the UK till December 31

Budget sops, Covid-19 tax surcharge: Market expectations from 2021

One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory

The next hurdle

Governor Das has to take a call soon on unwinding stimulus

Vaccine, financial relief near as coronavirus ravages US health, economy

The chief advisor to the Trump administration's Operation Warp Speed vaccine development program said the first US injection could happen on Sunday or Monday

Economy still needs fiscal, monetary support: Federal Reserve's Powell

The Fed is committed to "using all of our tools to support the recovery for as long as it takes until the job is well and truly done," Powell said

US retail sales slow as Covid-19 pandemic, lack of fiscal stimulus weigh

The public health crisis and frail economy are major challenges confronting President-elect Joe Biden when he takes over from President Donald Trump in January

Fiscal stimulus and investment

Extraordinary times call for extraordinary measures! This can mean a large deficit or the use of re-allocative and redistributive fiscal policies on a larger scale. Or, we can have a mix

The fiscal balance

Govt will need to work on a consolidation plan

Stimulus 3.0: Credit guarantee scheme recast a smart move

Critics may say it's postponing the inevitable, but considering the pros and cons, this is par for the course and the best part of Atmanirbhar Bharat 3.0 package

Best of BS Opinion: Maharajah's airs and graces, stimulus package & more

Here's a selection of Business Standard opinion pieces for the day