Page 15 - Global Markets

Global stocks rise sharply with investors' renewed risk appetite; oil up

NEW YORK (Reuters) - Wall Street closed significantly higher on Tuesday after a bruising session the prior day, with oil prices also gaining as investors sought riskier assets despite surging cases of the Omicron coronavirus variant around the world.

Sensex pares gains, ends 497pts higher led by RIL, IT; MapmyIndia gains 33%

The BSE Midcap and Smallcap indices were up around 1.5 per cent each. Metal, IT, Consumer Durables indices logged smart gains

Dollar on back foot but Omicron variant keeps markets on edge

HONG KONG (Reuters) - The dollar softened a little on Tuesday in the wake of improving market appetite for risk assets and currencies, extending its overnight losses following a blow to Democratic spending plans in Washington.

Sensex sheds 1,190pts, Nifty ends near 16,600; financials, Tata Steel tank

The NSE index has now declined nearly 11 per cent from its all-time in the last two months; Midcap and Smallcap indices were down over 3 per cent each

FIIs, global cues, Omicron trends will drive markets this week: Analysts

Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts.

Sensex sheds 889pts, Nifty gives up 17k; RIL, financials weigh; Infy up 3%

The BSE Midcap and Smallcap indices ended with losses of 2.4 per cent and 2.1 per cent, respectively. Declining stocks outpaced advancing shares in more than 2:1 ratio

Taper without tantrum

Fed pivots on policy, but calm reigns

World shares, bond yields rise after Federal Reserve meeting

NEW YORK (Reuters) - Global shares and bond yields rose on Wednesday after the U.S. Federal Reserve said it would end its pandemic-era bond purchases in March and begin raising interest rates as much as three times next year.

Record number of IPOs launched in 2021, increasing 64% YoY: Ernst & Young

The number of new initial public offerings (IPOs) worldwide in 2021 increased 64 per cent year-on-year to 2,388, according to a study published by the consulting firm Ernst & Young (EY).

Top equity funds in Asia are all buying China's green stocks. Here's why

China's push to reach carbon neutrality by 2060 is fueling growth in what is already the world's largest renewables market and a leading one for electric-vehicle automakers and suppliers

Sensex ends 157 pts higher, Nifty reclaims 17,500; ITC surges 5%, L&T 3%

The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE

World stocks rally stalls at two-week highs amid curbs to contain Omicron

European stock markets opened higher, but were well off Wednesday's high, U.S. stock futures were mixed and Japan's blue-chip Nikkei stock index slipped almost half-a-percent

World stock markets mostly higher as Omicron fears ease

Stocks advanced Wednesday in Asia after another broad rally on Wall Street as investors wagered that the new variant of the COVID-19 virus won't pose a big threat to the economy. Shares rose in Paris, London, Tokyo and Shanghai but fell in Frankfurt as Germany's parliament elected Olaf Scholz as the country's ninth post-World War II chancellor, opening a new era for the European Union's largest economy after Angela Merkel's 16-year tenure. Scholz's government is taking office with high hopes of modernising Germany and combating climate change but faces the immediate challenge of handling the country's toughest phase yet of the coronavirus pandemic. Germany's DAX fell 0.3% to 15,766.51, while the CAC 40 in Paris was flat at 7,065.10. Britain's FTSE 100 picked up 0.4% to 7,365.25. The future for the Dow industrials and the S&P 500 were both up 0.2%. Japan downgraded its growth estimate for the last quarter to minus 3.6% from an earlier reported contraction of 3.0%. The change ...

Aussie buoyant, dollar listless as Omicron optimism lifts risky assets

The Aussie rose as high as $0.71425 and 81.07 yen, levels not seen since Dec. 1.

Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead

The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio

Global stocks follow Wall Street higher as Omicron fears ease

Global stock markets followed Wall Street higher Tuesday as anxiety about the coronavirus's latest variant eased and China reported stronger November trade figures than expected. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices rose more than $1 a barrel for a second day. Wall Street futures were higher after the chief White House medical adviser said Monday the omicron variant might be less dangerous. That might allow travel and business restrictions to ease. Reports from South Africa, where omicron first was spotted, that hospitals haven't been overwhelmed is fuelling some optimism among traders who sold earlier, said Yeap Jun Rong of IG in a report. In early trading, the FTSE 100 in London gained 1% to 7,302.61 and Frankfurt's DAX advanced 1.6% to 15,623.97. The CAC 40 in Paris added 1.7% to 6,982.63. On Wall Street, the S&P 500 future was up 1% and that for the Dow Jones Industrial Average advanced 0.8%. On Monday, the S&P 500 rose ...

Will Omicron scare force RBI to maintain the status quo on rates?

Covid-19 variant Omicron is making the global markets uncertain. So, what will the RBI do on Wednesday? Will it keep its gun powder dry, or will it pull the trigger by hiking rates? Let's find out

Top headlines: TaMo to hike CV prices; Centre regrets Nagaland killings

Business Standard brings you the top stories on Monday

Sensex plunges 949pts, Nifty ends 285pts lower; Airtel, RIL, IT shares drag

The broader markets also weakened towards the end of the trade, and the BSE Midcap and Smallcap indices ended with a loss of 1.4 per cent each

Bitcoin plunges over 20% in another sign of global market nerves

The largest digital token fell as low as $42,296 before paring some of the tumble