The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
The upbeat data on manufacturing and services sectors follows similar surveys from Europe earlier in the day as businesses reopened after the health crisis resulted in a lockdown in mid-March
The SGX Nifty is indicating an open at around 10,030 levels for the Nifty amid mixed global cues
The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today
Battered shares of US airlines, casino operators and cruise operators slipped after attempting a rebound in recent weeks
Can you identify businesses which will weather this storm and come out stronger? If so, buy those companies
Wall Street plunges to close with biggest one-day loss since March 16
Telecom stocks are expected to remain active today as the Supreme Court will hear the AGR matter later in the day
The S&P 500 was off as much as 0.8 per cent before the Fed statement
The tech-heavy Nasdaq, by contrast, hit a record high for the fourth straight session, with gains for Apple Inc, Amazon.com Inc and Microsoft Corp driving rally
World Bank yesterday forecast a 3.2 per cent contraction in India's economy in FY21 because of the Covid-induced lockdown. It had earlier predicted 1.5-2.8 per cent growth
The benchmark S&P 500 and the Dow are now 5.5% and 7.4% away from their respective closing highs, after surging more than 45% from their pandemic lows
"For decades, Chinese companies have availed themselves of the benefits of US financial markets, and capital raised in the US has helped fuel China's rapid economic growth," Trump said
Today, a total of 31 companies including Voltas, Jubilant Life Sciences, and Metropolis Healthcare, are scheduled to announce their March quarter results
A total of 24 companies, including TVS Motor, Lupin, and Federal Bank, are scheduled to announce their March quarter results today
Today, a total of 21 companies, including Dabur India, Sun Pharma, and United Spirits are scheduled to announce their results.
Here are the top 10 business headlines on Wednesday morning
Morgan Stanley is likely to be appointed the lead banker to manage the overseas listing, while Bank of America Merrill Lynch and Citibank may also be roped in for the IPO, another source informed.
A total of 13 companies including Bajaj Finserv, Colgate Palmolive, and Hindustan Zinc are scheduled to announce their March quarter results later in the day
Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3