Page 33 - Global Markets

Sensex sheds 889pts, Nifty gives up 17k; RIL, financials weigh; Infy up 3%

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

Taper without tantrum

Fed pivots on policy, but calm reigns

World shares, bond yields rise after Federal Reserve meeting

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.

Record number of IPOs launched in 2021, increasing 64% YoY: Ernst & Young

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).

Top equity funds in Asia are all buying China's green stocks. Here's why

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

Sensex ends 157 pts higher, Nifty reclaims 17,500; ITC surges 5%, L&T 3%

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

World stocks rally stalls at two-week highs amid curbs to contain Omicron

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

World stock markets mostly higher as Omicron fears ease

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 ...

Aussie buoyant, dollar listless as Omicron optimism lifts risky assets

The Aussie rose as high as $0.71425 and 81.07 yen, levels not seen since Dec. 1.

Bulls roar back! Sensex gains 887pts, Nifty ends 265pts higher; Banks lead

The broader indices also surged over a per cent each, and gainers outnumbered losers in 2.5:1 ratio

Global stocks follow Wall Street higher as Omicron fears ease

Global stock markets followed Wall Street higher Tuesday as anxiety about the coronavirus's latest variant eased and China reported stronger November trade figures than expected. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices rose more than $1 a barrel for a second day. Wall Street futures were higher after the chief White House medical adviser said Monday the omicron variant might be less dangerous. That might allow travel and business restrictions to ease. Reports from South Africa, where omicron first was spotted, that hospitals haven't been overwhelmed is fuelling some optimism among traders who sold earlier, said Yeap Jun Rong of IG in a report. In early trading, the FTSE 100 in London gained 1% to 7,302.61 and Frankfurt's DAX advanced 1.6% to 15,623.97. The CAC 40 in Paris added 1.7% to 6,982.63. On Wall Street, the S&P 500 future was up 1% and that for the Dow Jones Industrial Average advanced 0.8%. On Monday, the S&P 500 rose ...

Will Omicron scare force RBI to maintain the status quo on rates?

Covid-19 variant Omicron is making the global markets uncertain. So, what will the RBI do on Wednesday? Will it keep its gun powder dry, or will it pull the trigger by hiking rates? Let's find out

Top headlines: TaMo to hike CV prices; Centre regrets Nagaland killings

Business Standard brings you the top stories on Monday

Sensex plunges 949pts, Nifty ends 285pts lower; Airtel, RIL, IT shares drag

The broader markets also weakened towards the end of the trade, and the BSE Midcap and Smallcap indices ended with a loss of 1.4 per cent each

Bitcoin plunges over 20% in another sign of global market nerves

The largest digital token fell as low as $42,296 before paring some of the tumble

Equities attempt rebound despite Omicron and Fed tightening bets

LONDON/SYDNEY (Reuters) - European shares opened firmer on Friday, shrugging off weakness in Asia as markets appeared to be slowly accepting the possibility of more COVID-linked activity curbs and an accelerated pace of stimulus tapering by the U.S. Federal Reserve.

World shares mostly higher after broad rally on Wall Street

Stocks were mostly higher in Europe and Asia after a broad rally on Wall Street as investors awaited US employment and other data due out Friday. Concerns over the spread of the new coronavirus variant and measures governments are taking to restrain it remained, but appeared to have been assuaged by reports that its symptoms seem to be mild and vaccines appear to protect against severe illness. Germany's DAX advanced 0.7% to 15,361.76. The CAC 40 in Paris added 0.5% to 6,831.75 and Britain's FTSE 100 picked up 0.3% to 7,147.30. The future for the Dow industrials gained 0.3% while that for the S&P 500 edged 0.1% higher. Chinese ride-hailing service Didi Global Inc said Friday it will pull out of the New York Stock Exchange and shift its listing to Hong Kong as the ruling Communist Party tightens control over tech industries. The Securities and Exchange Commission has moved to require that US-listed foreign stocks like Didi's disclose their ownership structures and audit reports, ..

Sensex gallops 776 pts, Nifty ends above 17,400; HDFC, IT shares lead

The Midcap and Smallcap indices also surged over a per cent each, and advancing shares outnumbered declining stocks in 2:1 ratio the BSE on Thursday

Sensex gains 620 pts, Nifty ends above 17,150; RIL, IT, banks shine

Stock market LIVE: A slew of positive macro economic data coupled with supportive overseas cues helped the markets rally today

Global shares mostly rise despite mounting Omicron variant worries

Global shares were mostly higher Wednesday amid nervous trading due to worries over the newest coronavirus variant. France's CAC 40 edged up 0.5% in early trading to 6,751.87, while Germany's DAX added 0.7% to 15,206.89. Britain's FTSE 100 jumped 1.1% to 7,137.60. U.S. shares were set to drift higher with Dow futures up 0.5% at 34,617.00. S&P 500 futures rose 0.8% to 4,602.50. Japan's benchmark Nikkei 225 rose 0.4% to finish at 27,935.62. South Korea's Kospi jumped 2.1% to 2,899.72. Australia's S&P/ASX 200 dipped 0.3% to 7,235.90. Hong Kong's Hang Seng gained 0.8% to 23,658.92, while the Shanghai Composite added 0.4% to 3,576.89. The detection of the omicron variant in Japan and other countries has raised fears that further measures to contain infections may squelch tourism and other economic activity. Experts say it may take weeks before they better understand whether the omicron variant causes serious illness. Japan banned all foreign visitors starting Tuesday as an ...