Page 29 - Global Markets

AU SFB shares jump 6% after MSCI includes stock in global indices

Four domestic stocks added, one excluded from MSCI Standard index

Indian-American sworn in as asst secy of commerce for global markets

Indian American Arun Venkataraman was sworn in as the Assistant Secretary of Commerce for Global Markets and Director Gen of the US and Foreign Commercial Service

A good amount of selling may be over: MIB Securities India CEO Jigar Shah

Jigar Shah, CEO, MIB Securities India, tells Puneet Wadhwa that retail money inflows into markets would decline with the start of the interest-rate expansion.

Opt for flexi-cap, multi-cap funds amid market volatility: Experts

Globally, rising inflationary concerns and geopolitical tensions have led to risk aversion among investors

Positive US real yields may rip up global markets playbook

These are some of the investor expectations now that bond markets have taken another step toward pre-pandemic normality, with benchmark inflation-adjusted Treasury yields climbing above zero.

US dollar drops, euro rises as markets look to ECB's policy meet

Money markets are pricing in about 70 basis points of interest rate tightening by December.

Rupee declines 11 paise to settle at 75.95 against US dollar

The rupee declined 11 paise to close at 75.95 (provisional) against USD on Thursday as the hawkish stance of US Fed affected investor sentiments in global markets and bolstered the American currency

HDFC twins, IT stocks drag Sensex 566pts down; Nifty holds 17800; PSBs zoom

CLOSING BELL: HDFC Bank, HDFC, and HDFC Life were the biggest laggards on the 50-pack index as they fell between 2.5 per cent and 3.5 per cent

US, European stock markets suffer worst quarter since pandemic

Quarter-end portfolio rebalancing boosted demand for bonds and held down yields

Global shares grind higher; bonds brandish recession warnings

Global markets veered in different directions on Tuesday, with shares climbing to five-week highs, recession warnings growing

Singapore-based Sea's e-commerce unit Shopee to shut India operations

The withdrawal, effective beginning March 29, comes weeks after India banned Sea's popular gaming app 'Free Fire'

World stocks set for consecutive weekly gains for first time in 2022

World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Fed Reserve's policy

Coal buyers in India are paying 300% premiums to secure fuel

Indian coal prices have surged in auctions held by the country's state-run miner, with domestic buyers rushing to secure supplies as global disruptions push up the cost of imported fuels

Global equities rise, gold prices fall after Russia avoids default

The Russian finance ministry announced on Thursday that it had sent funds to cover $117 million in coupon payments on two dollar-denominated sovereign bonds that came due this week

Gold slips on firmer dollar, heads for worst week since November

By Bharat Gautam

Russia-Ukraine conflict: Euro set for biggest weekly rise in six weeks

The dollar index paused for breath on Friday, recovering slightly to 98.18 after declining every other day this week, and was set for a 1% loss over the period

Global shares mixed after oil price climbs back above $100 per barrel

Shares have opened lower in Europe after gains for most Asian benchmarks as oil prices hovered above USD100 per barrel. Stocks rose in Tokyo and Shanghai but fell in Paris, Frankfurt and London. U.S. futures were lower. Ukrainian President Volodymyr Zelenskyy called for more help for his country after days of bombardment of civilian sites in multiple cities over the past few days. The war, and plans for President Joe Biden to speak with Chinese President Xi Jinping later Friday were among the uncertainties overhanging markets. The White House said the conversation will center on managing the competition between our two countries as well as Russia's war against Ukraine and other issues of mutual concern. Germany's DAX slipped 0.3per cent to 14,357.48 and the CAC 40 in Paris lost 0.5per cent to 6,583.42. Britain's FTSE 100 lost 0.2per cent to 7,368.02. The futures for the S&P 500 and Dow industrials were 0.4per cent lower. Wrapping up a two-day meeting, the Bank of Japan opted to

Sensex soars 1,047 pts, Nifty tops 17,250; HDFC jumps 5.5%, Paytm drops 6%

CLOSING BELL: JSW Steel, Titan Company, SBI Life, RIL, Kotak Bank, Tata Consumer Products, Tata Steel, Nestle India, and Eicher Motors were the other notable gainers

Global stocks recover on Ukraine talks, Fed hopes buoy US yields

Investors are expecting the U.S. Federal Reserve to raise interest rates by at least 25 basis points amid surging prices later on Wednesday.

Ukraine crisis: Fund managers now see equity bear market in 2008-like gloom

This is the takeaway of the latest Bank of America Corporation monthly global fund manager survey conducted in the week through March 10