Page 22 - Global Markets

Elon Musk warns against margin debt on risk of market 'mass panic'

I would really advise people not to have margin debt in a volatile stock market, Musk said

Sensex tumbles over 950 points: Top 5 factors behind Friday's market crash

All sectors, meanwhile, drowned in the sea of red, with Nifty Media, Nifty Metal, Nifty Realty, and Nifty PSU Bank indices declining up to 6 per cent

Sensex slumps 981 pts, Nifty ends near 17,800; PSU index crashes 6%

Market at close: The pain was even more severe in the broader market space where the BSE MidCap and SmallCap indices fell 3 and 4 per cent, respectively

Shankar Sharma at BFSI Summit: Budget 2023 shouldn't tinker with LTCG tax

Market closing: The S&P BSE Sensex dropped 241 points to end at 60,826 levels in a broad-based sell-off. The Nifty50 gave up the 18,150-mark to close at 18,127, down 72 points

Trillions wiped off, here's how 2022 shocked, rocked global markets

The main drivers have been the war in Ukraine, combined with rampant inflation as global economies broke out of the pandemic, but China remained shackled by it

Global stock markets advance but face highest monthly losses since 2008

The MSCI All-World index rose about 1.1% on the day, although it is on track for a more than 3% decline in December

Sensex bounces 599 pts from lows, ends 104 pts down; Nifty tops 18,350

CLOSING BELL: Adani Enterprises, TCS, Axis Bank, Reliance Industries, ICICI Bank, IndusInd Bank, Nestle India, Ultratech Cement, SBI, and Infosys helped the frontline indices rebound

Global markets remain at make-or-break stage after US Fed's rate hike

It was a tough week for markets in India and the world. Interest rates were raised in the US on expected lines and the commentary post the meeting were not enough to soothe the nerves

Markets tumble as Federal Reserve retains hawkish tone; Sensex drops 1.4%

The biggest decline in two months; FPIs sell shares worth Rs 711 cr

Sensex gains 145 pts ahead of US Fed outcome; YES Bank slumps 8%, Paytm 2%

CLOSING BELL: The broader markets, on the other hand, outperformed the benchmark indices as the BSE MidCap and SmallCap indices advanced 0.59 per cent and 0.68 per cent, respectively

Sensex surges 403 pts; Nifty tops 18,600; PSU Bank index leaps 4%, IT 1%

CLOSING BELL: IndusInd Bank, Bajaj Finance, M&M, Tech M, HCL Tech, Infosys, TCS, Ultratech Cement, and Bajaj Finserv were the top gainers on the 30-pack index

After market shivers, volatility thaws out in second half of 2022

Revival in FPI flows, sharp recovery from year's lows in June helped calm investor nerves

Sensex, Nifty end flat ahead of inflation data; HDFC duo, RIL lend support

CLOSING BELL: The benchmark indices sought support from financial and metal stocks with their respective indices climbing 0.2 per cent & 0.4 per cent. On the downside, the IT index fell 0.4 per cent.

Global Captive Centres to add 364k jobs in next 12 months: Report

Global Captive Centres (GCCs) are looking to ramp up their workforce and add close to 3.64 lakh jobs within next 12 months amid a spurt in service demand from key global markets, says a report. According to NLB Services' India Captivating Report, the GCC sector will scale up from the current USD 35.9 billion to USD 60-85 billion by 2026. A spurt in service demand from key global markets (34 per cent) is the key reason driving the demand for talent. From a sub-sector perspective, IT Software & Consulting with 33 per cent of the respondents keen on ramping up the talent pool topped the chart. The next were BFSI (21 per cent) and Internet & Telecom (16 per cent). Among cities, Bengaluru leads in terms of job creation. "India currently accounts for around 45 per cent of the global GCCs in operations and this share is expected to grow further," NLB Services CEO Sachin Alug said. Alug further noted that the sector is expected to see a 10.8 per cent CAGR (compound annual growth rate)

Sensex, Nifty snap eight-day winning streak ahead of US jobs data

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

Sensex, Nifty end at record closing highs, rally for the eighth day

The 30-share BSE Sensex climbed 184.54 points or 0.29 per cent to settle at 63,284.19, its fresh record closing high

Forex reserves likely to show revaluation gains now, say analysts

RBI said to have been actively buying dollars for the past couple of weeks, say currency traders

Indices log new record highs buoyed by RIL; Sensex rises 211 points

3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high

US and global markets sink as unrest in China spreads over Covid cases

Wall Street is heading lower ahead of Monday's opening bell amid widespread protests in China calling for Xi Jinping to step down and an end to one-party rule. Futures for the Dow Jones industrials fell 0.5 per cent and the S and P slipped 0.7 per cent. Crude prices neared a low point for the year partially due to unrest in China, and have fallen for three consecutive weeks. Crude prices are now negative for 2022 and, after soaring above USD 120 in June, a barrel of benchmark US crude can now be had for less than USD 74 per barrel. The upheaval in China is the greatest show of public dissent against the ruling Communist Party in decades. Protestors are railing against policies aimed at eradicating the coronavirus by isolating every case, a policy that may have contributed to the death toll in an apartment fire in Urumqi in the northwestern Xinjiang region. For investors, when it comes to China, trying to predict with any degree the reopening certainty that has no certainty, basis,

Sensex ends at record closing, rises 211 pts; Nifty holds 18,550; RIL up 3%

CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,701, and the Nifty 50 registered a fresh summit at 18,614 on Monday