Continued optimism about strong economic growth, hopes of good progress of the monsoon and easing concerns over the pandemic thanks to greater momentum in vaccination drive outweighed worries about Chinese real estate major Evergrande's debt woes and fears...
Expectations about the vaccination drive gathering greater momentum contributed as well to the rally in the market. Investors shrugged off concerns about Chinese real estate major Evergrande's...
European stocks closed on a firm note, gaining for a second successive day, as investors picked up stocks, shrugging off concerns about Chinese real estate major Evergrande's debt woes,...
Markets climbed higher and ended on a buoyant note The early weakness was due to the sell-off in the U.S. and European markets and somewhat sluggish Asian stocks this morning,...
European stocks tumbled, hitting two-month lows in the process, amid worries about slowing global growth, concerns over a potential spillover of the debt crisis at China Evergrande Group and the prospect of tighter monetary policy from the Federal Reserve. US stocks plunged sharply, and the major averages all suffered their worst setbacks in several weeks, as worries about potential collapse of China's real estate firm Evergrande dented sentiment. Asian stocks fell in thin holiday trading on Monday, with markets in...
Consumer product company ITC jumped 6.6 percent after multiple large trades, while SBI surged 4.8 percent after cutting interest rates on home loans. Reliance Industries and IOC both rose about 2 percent. Banks with exposure to the cash-strapped telecom firm followed suit, with IndusInd Bank rising 7.3 percent, Yes Bank rallying 12.6 percent...
European stocks closed notably lower, weighed down by data showing an acceleration in UK inflation and disappointing retail sales and industrial production data out of China. US stocks initially showed a lack of direction during trading but climbed firmly into positive territory as the day progressed. With the advance on the day, the major averages largely offset the downturn seen in the previous session. Asian stocks ended mostly lower, as weak Chinese data and fears...
Markets ended a range-bound session slightly higher On the macroeconomic front, India's inflation slowed in August, defying expectations for stability, while the wholesale price inflation accelerated unexpectedly in the month after slowing in the previous month, separate reports showed. Zee Entertainment Enterprises shares jumped as much as 40 percent after top investors of the company sought the removal of its chief...
European stocks closed higher as some bargain hunting after recent losses, and optimism about growth pushed up prices a bit. Worries about the spread of the Delta variant of coronavirus, and...
US stocks once again failed to sustain an early upward move and came under pressure over the course of the trading day. With the downturn on the day, the Dow and the S&P; 500 closed lower for the fifth consecutive session. The major averages accelerated to the downside going into the close, ending the day firmly negative. Asian stocks mostly trod in positive territory, as easing concerns about U.S.-China tensions and clarifications that Chinese regulatory crackdown on gaming companies were not as harsh as originally...