Asia's stock markets opened higher on Tuesday following a Wall Street rally driven by vaccine hopes, while the dollar found some support ahead of a key central bank speech
Analysts at Kotak Institutional Equities expect banks to report healthy earnings due to the Reserve Bank of India's loan moratorium
While more firms may resort to buybacks, industries urge that government review tax on this investor rewarding method
More than 2,200 people have died from the novel coronavirus, which has infected over 75,000 people, mostly in China, and spread panic around the world
For the telecom sector, the Union Cabinet approved a two-year moratorium on payment of pending spectrum auction instalments
The rally in telecom stocks could continue for the fourth straight session after Reliance Jio joined rivals Vodafone Idea and Airtel in announcing an increase in tariffs
Nikkei gained 1% to top 20,000-point level for the first time since August 2015
US stocks ended little changed, with healthcare gains offsetting declines in energy
China's consumer price inflation slowed to its weakest pace in almost a year in August, missing expectations
Yen rose 0.6 per cent to one-month high of 100.60 to the dollar
Crude oil prices extended gains on hopes that big producers will cap production, improving investors' appetite for riskier assets