Page 23 - Global Markets

Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000

Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day

Dip in Covid cases boosts indices; Sensex up 1.74%, FIIs remain net sellers

The uptick in global markets on optimism over the economic recovery helped counter concerns over rising inflation.

Global stocks steady, gold at three-month high on inflation concerns

Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns some economies could overheat

The way forward for firms

Indian firms need to prepare for export boom by vaccinating employees, their family members; and prioritise export market

Dramatic re-rating of the US at expense of other markets: Cameron Brandt

The jump in new Covid cases in India is spooking foreign institutional investors, says Brandt

Federal Reserve unlikely to change its stance in the near term: Analysts

Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory

Global inflation concerns pull down markets; Sensex falls 471 points

The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.

Sensex, Nifty snap 4-session rally amid global selloff; HDFC twins weigh

Profit-booking in banking, finance and metal counters further weighed on bourses, traders said

Gold rises on hopes of low interest rates post bleak US jobs data

US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April, pushing the dollar to a more than two-month trough, making gold less expensive for holders of other currencies

Global markets near record highs on recovery hopes, Curevac tumbles 10 pc

Germany's Curevac, hoping for approval for its Covid-19 vaccine, tumbled 10% following news that US President has thrown his support behind waiving intellectual property rights for Covid vaccines

European shares rally on bullish investor sentiment about global recovery

With China, Japan and Britain closed for public holidays, volumes were thin and Asian shares got off to a slow start, with most markets slipping into the red

Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months

Global Markets: Stocks dip from record levels ahead of Fed decision

The MSCI world equity index, which tracks shares in 49 countries, fell 0.1% by 0810 GMT

Global Markets: Stocks start week in upbeat mood as recovery bets dominate

The broader Euro STOXX 600 gained 0.23%

Covid vaccine shortage holds emerging markets back from global rally

Some investors are looking past the latest surge in cases, betting that vaccines will proliferate in the developing world.

Credit Suisse raises $2 billion as CEO Gottstein cuts hedge fund unit

Gottstein is battling to rescue his short tenure as chief executive officer after Credit Suisse was hit harder than any other competitor by the collapse of Archegos

Global Markets: Wall Street heads for subdued start as Netflix, oil drop

Wall Street fell sharply on Tuesday as a global spike in Covid-19 cases hit travel stocks.

Foreign brokerages temper return expectation from Indian equities

Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now

The big, easy 'buy' story in Asia over; remain underweight on India: HSBC

HSBC has raised their 2021 global and EM gross domestic product (GDP) forecasts to 5.6 per cent (from 4.8 per cent) and 6.6 per cent (6.1 per cent), respectively

Indian indices lag most global peers: Sensex has declined 5.8% in April

This is a sharp reversal in fortunes as till mid-February India was among the best-performing markets, with returns in excess of 10 per cent