Page 38 - Global Markets

IT, FMCG stocks lift Sensex 210 pts up, Nifty tops 16,600; metals drag

The Nifty Metal index skidded 2.5 per cent

Sensex rallies for 3rd day, gains 145 pts; Nifty ends at 16,563; RIL up 1%

The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.

Global trends to dictate equity markets in holiday-shortened week: Analysts

With corporate earnings season largely over, equity investors would focus on global trends for further direction in a holiday-shortened week ahead, analysts said

At $35 billion in July, India records highest-ever monthly exports

Outbound shipments grew by nearly 50 per cent over July 2020, which can be partly attributed to a favourable base

Sensex up 873 pts at 53,823; Nifty near 16,150; BSE m-cap tops Rs 240 trn

Amid a steep rally, investors got richer by Rs 2.4 trillion, BSE data showed

Asian stocks slip as spread of Delta coronavirus variant spooks investors

In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.40% in early trading.

Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead

In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade

Sensex slides for third day; what's spooking investors on D-Street?

In across the board selling by the investors, the benchmark indices tumbled for a third day while volatility shot up ahead of the US Federal Reserve outcome later today and Thursday's F&O expiry

Asia shares sit at 2021 lows ahead of Fed verdict, China steadies

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.31 per cent in morning trading

Global growth to stay strong but coronavirus the top risk, say economists

A global survey of nearly 500 economists taken this month also concluded recent rising inflation in key economies around the world would be transitory.

Gold price today at Rs 46,870 per 10 gm, silver trending at Rs 67,500 a kg

In New Delhi, the 22-carat gold is trading at Rs 46,950 per 10 gm, a gain of Rs 100 over yesterday's prices

Global markets follow Wall St higher for second day as virus fears recede

Global stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation. Market benchmarks in Frankfurt, Shanghai and Hong Kong advanced. London opened down less than 0.1 per cent. Japanese markets were closed for a holiday. Wall Street futures rose after the S&P 500 index climbed 0.8 per cent overnight. That put it on track for a weekly gain after rebounding from Monday's 1.6 per cent loss. Investors are wavering between optimism about a global recovery and unease that it might be delayed by the spread of the virus's more contagious delta variant. They also worry central bankers might feel pressure to tame rising inflation by rolling back easy credit. The delta variant remains an ever-present downside risk for the markets in the near-term," said Craig Erlam of Oanda in a report, but as long as inflation remains only a temporary problem, it also keeps central bank ...

Warning signs for global recovery as Delta variant dims outlook

Coinciding with a resurgence in the Delta variant of COVID-19, markets may be sending alarm signals about the global economic outlook,

Stocks bounce, bond prices fall across Europe ahead of key ECB meeting

With a key European Central Bank meeting on Thursday expected to convey a dovish tone and provide a further boost, the benchmark STOXX index of the region's 600 largest shares rose 0.5%.

Indonesia's Covid-19 surge has nervy traders recalling India stock rebound

New daily cases climbed to a record 54,517 on Wednesday, higher than India's, while the seven-day moving average jumped to 41,521 from less than 6,000 at the end of May

Stocks, debt yields slip on biggest US inflation hike in 13 years

Stocks on Wall Street at first took the CPI data in stride, bidding up technology stocks that typically thrive with low interest rates

Value trade is just getting started beyond the US stock market

For all the dominance of mega-cap growth names, US stocks led the world during the cyclical upswing in the first half of the year - and that means other regions are now primed for a catch-up

Digital-dollar fad: The Fed isn't obliged to issue electronic currency

The Fed isn't obliged to join China and other central banks in the craze to issue an official electronic currency. Private equivalents may do the job better

European stock markets reach for records as second half starts strong

Early 1% gains in London, Frankfurt, Paris and Milan meant the pan-European STOXX 600 was close to joining Wall Street back at record highs.

Mid-, Smallcaps outperform in first half of 2021; analysts see more upside

Among sectors, the metal index recorded robust performance with S&P BSE Metal and Nifty Metal indexes gaining 63 per cent in H1CY21