Recovery in key global markets and robust demand help trend, says commerce ministry data.
British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast in last year's World Economic League Table report
The STOXX index of Europe's 600 largest shares rose 0.3%, following earlier gains in Asia. Japan's Nikkei gained 0.57% and MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8%
Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive
The dollar edged down again in early Asia, starting a third successive session under pressure as investors favoured riskier currencies and asset classes
NEW YORK (Reuters) - Wall Street closed significantly higher on Tuesday after a bruising session the prior day, with oil prices also gaining as investors sought riskier assets despite surging cases of the Omicron coronavirus variant around the world.
The BSE Midcap and Smallcap indices were up around 1.5 per cent each. Metal, IT, Consumer Durables indices logged smart gains
HONG KONG (Reuters) - The dollar softened a little on Tuesday in the wake of improving market appetite for risk assets and currencies, extending its overnight losses following a blow to Democratic spending plans in Washington.
The NSE index has now declined nearly 11 per cent from its all-time in the last two months; Midcap and Smallcap indices were down over 3 per cent each
Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts.
The BSE Midcap and Smallcap indices ended with losses of 2.4 per cent and 2.1 per cent, respectively. Declining stocks outpaced advancing shares in more than 2:1 ratio
Fed pivots on policy, but calm reigns
NEW YORK (Reuters) - Global shares and bond yields rose on Wednesday after the U.S. Federal Reserve said it would end its pandemic-era bond purchases in March and begin raising interest rates as much as three times next year.
The number of new initial public offerings (IPOs) worldwide in 2021 increased 64 per cent year-on-year to 2,388, according to a study published by the consulting firm Ernst & Young (EY).
China's push to reach carbon neutrality by 2060 is fueling growth in what is already the world's largest renewables market and a leading one for electric-vehicle automakers and suppliers
The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE
European stock markets opened higher, but were well off Wednesday's high, U.S. stock futures were mixed and Japan's blue-chip Nikkei stock index slipped almost half-a-percent
Stocks advanced Wednesday in Asia after another broad rally on Wall Street as investors wagered that the new variant of the COVID-19 virus won't pose a big threat to the economy. Shares rose in Paris, London, Tokyo and Shanghai but fell in Frankfurt as Germany's parliament elected Olaf Scholz as the country's ninth post-World War II chancellor, opening a new era for the European Union's largest economy after Angela Merkel's 16-year tenure. Scholz's government is taking office with high hopes of modernising Germany and combating climate change but faces the immediate challenge of handling the country's toughest phase yet of the coronavirus pandemic. Germany's DAX fell 0.3% to 15,766.51, while the CAC 40 in Paris was flat at 7,065.10. Britain's FTSE 100 picked up 0.4% to 7,365.25. The future for the Dow industrials and the S&P 500 were both up 0.2%. Japan downgraded its growth estimate for the last quarter to minus 3.6% from an earlier reported contraction of 3.0%. The change ...
The Aussie rose as high as $0.71425 and 81.07 yen, levels not seen since Dec. 1.
The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio