Page 27 - Global Markets

Indices resume upward ride as Sensex ends 139 pts higher, Nifty tops 13,550

Subdued global markets and a flat rupee capped the gains, analysts said

Infosys completes 8 years of NYSE listing, to ring closing bell

Infosys will ring the closing bell at the New York Stock Exchange (NYSE) to commemorate its eighth anniversary of listing on the exchange

DoorDash set for blockbuster trading after IPO raises $3.37 billion

If gains hold, DoorDash's market capitalization would be around $63.5 billion at the top end of the indicated range

S&P 500, Dow hit all-time highs on stimulus, coronavirus vaccine hopes

(Reuters) - The S&P 500 and the Dow scaled record highs on Wednesday as hopes of a working COVID-19 vaccine and fresh economic stimulus before the end of the year lifted demand for economically sensitive energy and financial shares.

Only time will tell who is right, bullish markets or bearish commentators

Even if investors disagree, they must not dismiss the signals the markets are sending

Goldilocks year awaits emerging markets defying Covid-19 pandemic rout

Underpinning the recovery is a resurgence in foreign-investor interest

GM, Nikola announce reworked agreement; Nikola shares tumble 24%

The new agreement, a non-binding memorandum of understanding that doesn't expire until the end of 2021, is subject to negotiation and a definitive deal, Nikola and GM said in separate statements.

Global shares stuck near peaks, US oil futures extend declines

Shares in China rose 0.37% after data showed Chinese industrial profits hit a nine-year high. South Korean stocks also rose 0.05%

Trump hails Dow Jones Industrial Average crossing record 30,000 mark

In a brief speech, US President Donald Trump congratulated the public on the Dow Jones Industrial Average hitting a historic record of 30,000 point

Gold drops to 4-month low on Covid vaccine hope, signs of economic recovery

Gold prices have posted two straight weekly declines and hol­dings in exchange-traded funds backed by the metal have slipped as hopes for a virus vaccine buo­yed markets

Asian shares rise on hopes for rapid coronavirus vaccine rollout

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.38%, pushing past a previous record high touched on Friday

Global fund managers expect emerging markets to outperform in 2021

While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date

Covid-19 vaccine, related updates, F&O expiry to drive D-Street next week

Bourses are likely to witness bouts of buying in the lower order stocks hinting a catch-up rally

World shares slip after US retail sales dampen coronavirus vaccine euphoria

U.S. S&P500 futures shed 0.3% in Asian trade on Wednesday, a day after S&P500 index lost 0.48%, while Europe's Euro Stoxx 50 futures eased 0.2%.

Wall Street's main indexes drop at open as coronavirus cases surge

The Dow Jones Industrial Average fell 150.29 points, or 0.50%, at the open to 29,800.15

Indices end at yet another peak, Sensex up 315 pts; BSE Midcap outperforms

All that happened in the markets today

Growth, value stocks are largely pricing in vaccine hope, says UBS

The vaccine may induce a serious frontloading of the rally before logistical challenges or slower growth normalisation begins to bother markets, says UBS

Samvat 2077: Key stock market triggers that investors need to watch out

Recovery from Covid 19 shall be the key driver for the markets in Samvat 2077. Besides, improving economic indicators and earnings growth are expected to drive the markets

Brokerages remain bullish on Asian equities despite US poll cliffhanger

From an Indian market perspective, the US election driven trends could imply that Indian IT stocks and Reliance Industries (RIL) could gain traction and cyclical stocks including banks might lag

Sebi doubles foreign investment limit for individual fund houses to $600 mn

The regulator has also quadrupled the quantum of investment that individual fund houses can make in overseas exchange traded funds to $200 million from $50 million at present