Page 36 - Global Markets

World shares jolted by Evergrande crisis as debt payment test looms

Selling pressure persisted in early trade in Asia ahead of a major test for Evergrande this week, which is due to pay $83.5 million in interest relating to its March 2022 bond on Thursday

Market turmoil tests Xi's resolve on Evergrande, real estate crackdown

The resulting market turbulence may add pressure on Chinese leaders to tap the brakes on policy tightening, or at least take steps to limit the fallout

Evergrande chairman confident company will 'walk out of its darkest moment

Chairman Hui Ka Yuan said Evergrande will deliver property projects as pledged, fulfil responsibilities to property buyers, investors, partners and financial institutions

Tata Steel stock tanks 9.5% as equity markets reel amid global selloff

The Sensex plunged 525 points while the Nifty finished below the 17,400-mark on Monday, reflecting the sombre mood in global markets ahead of a flurry of central bank meetings which are expected to provide cues on the imminent tapering of massive stimulus measures. A sharp drop in the rupee added to the woes, traders said, adding that worries over the fate of Chinese real estate major Evergrande and its impact on the world's second largest economy pulled down global commodity prices. Sliding for the second consecutive session, the 30-share BSE Sensex ended 524.96 points or 0.89 per cent lower at 58,490.93. The broader NSE Nifty tumbled 188.25 points or 1.07 per cent to close close at 17,396.90. Tata Steel was the top loser on the Sensex chart, crashing 9.53 per cent, followed by SBI, IndusInd Bank, HDFC, Dr Reddy's, M&M and UltraTech Cement. The HDFC twins and Tata Steel accounted for over half of the benchmark's losses. In contrast, HUL, Bajaj Finserv, ITC, HCL Tech, Nestle ...

Global rout sends Sensex 525 pts lower; metal index tumbles 7%, PSU bank 4%

Only six of 30 Sensex stocks ended in the green, mainly from the FMCG and financial space

Amid tapering fears, rising imports, rupee to face pressure next week

Global anxieties along with rising imports and persistently high crude oil prices will weaken the Indian rupee in the coming week.

Sensex tanks 720 pts from day's high, ends 125 pts down; Nifty PSB drops 3%

On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week

Asian shares steady, but set for weekly losses as global growth fears nag

European shares also looked set to rise on opening with pan-region Euro Stoxx 50 futures up 0.61% and FTSE futures 0.41% higher.

Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished

Sensex ends at record high, up 476 pts; Voda Idea gains 3% on govt relief

Both Sensex and Nifty hit fresh record highs in intra-day deals on Wednesday

Global markets fall after data shows US inflation cooling

MSCI's world stocks benchmark fell 0.33%, and all 11 major sectors in the S&P 500 ended the session lower, with energy and financials falling the most.

Indian stocks outpacing world by most since 2018 emboldens bulls

The MSCI India index beat the MSCI World gauge of developed nations by more than six percentage points last month, the biggest gap since 2018

Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM

Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent

Sensex gyrates 370 pts, ends 127 pts down; Nifty holds 17,350; RIL dips 2%

However, healthy buying in the broader market kept overall market breadth in the favour of the buyers

Global shipping is earning the most money since 2008 as pandemic pain wanes

This boom's causes are twofold -- an economic reopening after Covid that has spurred surging demand for goods and raw materials

Sensex ends lacklustre session 29 points down; broader indices outperform

Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others

Gold price today at Rs 47,410 per 10 gm, silver selling at Rs 65,000 a kg

Silver is selling at Rs 65,000 per kg, down Rs 300 from yesterday's trading price

S&P 500, world equity index retreat as economic worries weigh

WASHINGTON/MILAN (Reuters) -U.S. shares were mixed and global equities retreated from record highs on Tuesday as investors balanced mounting worries over the slowing pace of economic recovery and hopes the Federal Reserve will delay tapering its bond purchases.

World, US share markets come under pressure as Delta, economy worries mount

European stocks retraced ahead of an ECB policy meeting on Thursday. The STOXX 600 benchmark was down 0.5% but just below its lifetime peak hit in August.

Sensex snaps 3-day winning run, slips 17 pts; Realty index sheds 2%, IT 1%

Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.