Stock Markets And Brexit

Domestic share markets registered new record highs on Tuesday tracking gains across global markets, as hopes that a US COVID-19 relief package would be expanded and a Brexit trade deal supported investor risk appetite. The S&P BSE Sensex index rose 360.8 points, or 0.76 per cent, to an all-time high of 47,714.55 during the session, and the broader ...

Japanese stocks hit 29-year highs on Tuesday on hopes that a long-awaited U.S. pandemic relief package would be expanded, and a Brexit trade deal supported investor risk appetites

Asian equities eased from a record high on Thursday as stalled U.S. stimulus talks and a sell-off in tech stocks weighed, while sterling traders sat on a knife's edge as last-ditch Brexit negotiations yielded only an agreement to keep talking.

Analysts said the rise in coronavirus infections across Europe and no sign of a vaccine anytime soon after two high-profile prospects experienced problems was hitting sentiment.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent and back toward recent 21-month peaks.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.1 percent, while Japan's Nikkei brushed a five-week low and was last down 0.4 percent.

London has remained attractive to global tech firms due to its pool of talent in the creative and tech sectors.

Household Development Finance Corporation (HDFC) aims to raise more money via so-called "masala" bonds after making its debut issue last month and other Indian companies may follow, the bank's executives said.

IT stocks have underperformed the broader markets that are in the midst of a remarkable rally. The Nifty50 blue-chip index, which is up over 10 per cent in the last three months, is trading at a 15-month high. Compare that to the IT sub-index on the National Stock Exchange, which is down 3 per cent over the same period.

Shares of IT companies have underperformed the broader markets in the past one month. Concerns over the fallout from Brexit and, more recently, the guidance cut from Infosys have dented sentiment in IT stocks.

Stocks struggled for direction on Friday and U.S. Treasury yields remained anchored close to this week's record low, marking their longest run of consecutive weekly declines in four years ahead of the latest U.S. unemployment report.

Asian stocks deepened losses and the Japanese yen strengthened against the greenback on Friday as investors dumped riskier assets and fled to safe havens after four police officers were killed and others wounded in the United States.

Nifty staged a V-shape recovery from the low of 7,927 made after the Brexit vote and currently Nifty is consolidating after a sharp up move in very short time span, says Ruchit Jain, equity technical analyst with Angel Broking.

IT stocks have unperformed over the last one week and one month timeframes and have not participated in the rally that took the benchmark Nifty from sub-7,000 levels in February to 8,400 earlier this week. Notably, IT stocks have underperformed despite the depreciation in the rupee.

Gold firmed on Thursday after rallying to its highest since March 2014 a day earlier on the back of concerns about Britain's vote to exit the European Union, though strength in stocks and the dollar limited gains.

Domestic share markets registered new record highs on Tuesday tracking gains across global markets, as hopes that a US COVID-19 relief package would be expanded and a Brexit trade deal supported investor risk appetite. The S&P BSE Sensex index rose 360.8 points, or 0.76 per cent, to an all-time high of 47,714.55 during the session, and the broader ...

Japanese stocks hit 29-year highs on Tuesday on hopes that a long-awaited U.S. pandemic relief package would be expanded, and a Brexit trade deal supported investor risk appetites

Asian equities eased from a record high on Thursday as stalled U.S. stimulus talks and a sell-off in tech stocks weighed, while sterling traders sat on a knife's edge as last-ditch Brexit negotiations yielded only an agreement to keep talking.

Analysts said the rise in coronavirus infections across Europe and no sign of a vaccine anytime soon after two high-profile prospects experienced problems was hitting sentiment.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent and back toward recent 21-month peaks.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.1 percent, while Japan's Nikkei brushed a five-week low and was last down 0.4 percent.

London has remained attractive to global tech firms due to its pool of talent in the creative and tech sectors.

Household Development Finance Corporation (HDFC) aims to raise more money via so-called "masala" bonds after making its debut issue last month and other Indian companies may follow, the bank's executives said.

IT stocks have underperformed the broader markets that are in the midst of a remarkable rally. The Nifty50 blue-chip index, which is up over 10 per cent in the last three months, is trading at a 15-month high. Compare that to the IT sub-index on the National Stock Exchange, which is down 3 per cent over the same period.

Shares of IT companies have underperformed the broader markets in the past one month. Concerns over the fallout from Brexit and, more recently, the guidance cut from Infosys have dented sentiment in IT stocks.

Stocks struggled for direction on Friday and U.S. Treasury yields remained anchored close to this week's record low, marking their longest run of consecutive weekly declines in four years ahead of the latest U.S. unemployment report.

Asian stocks deepened losses and the Japanese yen strengthened against the greenback on Friday as investors dumped riskier assets and fled to safe havens after four police officers were killed and others wounded in the United States.

Nifty staged a V-shape recovery from the low of 7,927 made after the Brexit vote and currently Nifty is consolidating after a sharp up move in very short time span, says Ruchit Jain, equity technical analyst with Angel Broking.

IT stocks have unperformed over the last one week and one month timeframes and have not participated in the rally that took the benchmark Nifty from sub-7,000 levels in February to 8,400 earlier this week. Notably, IT stocks have underperformed despite the depreciation in the rupee.

Gold firmed on Thursday after rallying to its highest since March 2014 a day earlier on the back of concerns about Britain's vote to exit the European Union, though strength in stocks and the dollar limited gains.