Page 42 - Global Markets

Sensex, Nifty snap 4-session rally amid global selloff; HDFC twins weigh

Profit-booking in banking, finance and metal counters further weighed on bourses, traders said

Gold rises on hopes of low interest rates post bleak US jobs data

US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April, pushing the dollar to a more than two-month trough, making gold less expensive for holders of other currencies

Global markets near record highs on recovery hopes, Curevac tumbles 10 pc

Germany's Curevac, hoping for approval for its Covid-19 vaccine, tumbled 10% following news that US President has thrown his support behind waiving intellectual property rights for Covid vaccines

European shares rally on bullish investor sentiment about global recovery

With China, Japan and Britain closed for public holidays, volumes were thin and Asian shares got off to a slow start, with most markets slipping into the red

Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months

Global Markets: Stocks dip from record levels ahead of Fed decision

The MSCI world equity index, which tracks shares in 49 countries, fell 0.1% by 0810 GMT

Global Markets: Stocks start week in upbeat mood as recovery bets dominate

The broader Euro STOXX 600 gained 0.23%

Covid vaccine shortage holds emerging markets back from global rally

Some investors are looking past the latest surge in cases, betting that vaccines will proliferate in the developing world.

Credit Suisse raises $2 billion as CEO Gottstein cuts hedge fund unit

Gottstein is battling to rescue his short tenure as chief executive officer after Credit Suisse was hit harder than any other competitor by the collapse of Archegos

Global Markets: Wall Street heads for subdued start as Netflix, oil drop

Wall Street fell sharply on Tuesday as a global spike in Covid-19 cases hit travel stocks.

Foreign brokerages temper return expectation from Indian equities

Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now

The big, easy 'buy' story in Asia over; remain underweight on India: HSBC

HSBC has raised their 2021 global and EM gross domestic product (GDP) forecasts to 5.6 per cent (from 4.8 per cent) and 6.6 per cent (6.1 per cent), respectively

Indian indices lag most global peers: Sensex has declined 5.8% in April

This is a sharp reversal in fortunes as till mid-February India was among the best-performing markets, with returns in excess of 10 per cent

Led by US, global markets should see happy FY22: IIFL's R Venkataraman

EPS growth is likely to be largely reflected in market returns, hence expect 10-12 per cent broad returns in the current financial year, says IIFL Securities chairman

Global Markets: US stock futures buoyant on easing inflation fears

LONDON (Reuters) - U.S. stock futures were buoyant before the open on Friday after the S&P 500 rose to a record on Thursday on easing inflation fears, and world stocks also scored a record high.

World economy risks 'dangerously diverging' even as growth booms

While America's booming economy will undoubtedly act as a driver for the rest of the world by sucking in imports, there could also be some grumbling about the higher market borrowing costs

See limited upside for global markets, including India: Abhinav Khanna

Our Nifty target for December is 14,800, implying a marginal upside from current levels, says Khanna

Developed markets outperformed emerging markets in March, shows data

The 10-year US Treasury yield has moved from 1.2 per cent to 1.7 per cent in just six weeks.

China's government bonds only one to gain among biggest markets in rout

The two north Asian markets helped investors preserve value as signs of a burgeoning global recovery amid the rollout of vaccines pushed up debt yields around the world

Biden proposes $2 trillion 'once-in-a-generation' investment in US economy

"It's a once-in-a-generation investment in America, unlike anything we've seen or done," Biden said in Pittsburgh