Sensex down 2.4% in four sessions
So what has propelled the Indian markets this week? How are foreign flows shaping up? Will the market continue to go up? In this podcast, we discussed the growth trajectory in detail
Global stock markets were mixed on Tuesday after another record-setting rally on Wall Street. London and Frankfurt opened lower, while Shanghai, Tokyo and Hong Kong advanced. US futures were lower a day after Wall Street's benchmark S&P 500 index closed up 0.7%. Investors were encouraged by company earnings, news that a surge in coronavirus cases is easing, progress in distributing vaccines and the possibility of U.S. government stimulus. Despite concern prices might be rising too fast, the momentum behind this reflation trade remains a force to reckon with, said Jingyi Pan of IG in a report. In early trading, London's FTSE 100 declined less than 0.1% to 6,518.19 and Frankfurt's DAX lost 0.2% to 14,032.42. The CAC 40 in Paris was unchanged at 5,686.76. On Wall Street, the future for the S&P 500 and Dow Jones Industrial Average were off less than 0.1%. On Monday, the S&P 500, the Dow and the Nasdaq composite all set records. In Washington, President Joe Biden and ...
Asian shares jumped, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites
Asian shares slipped, extending a pullback from multi-year highs hit last week on fears a highly infectious new strain of Covid-19 that shut down UK could lead to a slower global economic recovery
The new strain is said to be up to 70% more transmissible than the original
A gauge of Asian shares hit a record peak on hopes of a much-needed US stimulus package before year-end just as coronavirus vaccines roll out, while oil prices hovered near their highest since March
The US House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on US exchanges unless they adhere to US auditing standard
World shares were set to seal a record-busting month as the prospect of a vaccine-driven global economic recovery next year
In an outlook for 2021, a team including Andrew Sheets recommended investors overweight equities and corporate bonds against cash and government debt, and sell the US dollar
Development on Moderna's candidate, recovery in Asia, corporate earnings propel markets towards fresh highs
Futures rose 2.5 per cent, following equity markets higher as more certainty emerged from the outcome of the vote
Firms hit hardest by restrictions made most gains, with airlines trading 30% higher
With markets recovering, midcaps have also rebounded and in fact, have outperformed benchmark indices by a good margin in the last two months
A gauge of the European economy fell unexpectedly in September, amid a resurgence in coronavirus cases that has dampened investor ardor toward the region's shares
BSE is at the tenth place in the top-10 list, with a market capitalisation of $1.7 trillion
On the macroeconomic front, WPI inflation data is scheduled to be announced on Monday
While most Asian markets surged, a second day of gains in European equities put the region's benchmarks from Italy to France and Germany on course to exit a bear market
Equity investors took solace as the death toll from the coronavirus slowed across major European nations including France and Italy
The US S&P 500 E-mini futures gained 1.01 percent, suggesting US shares would open positively later on Tuesday