On Monday Nasdaq futures jumped as markets geared up for a busy week of earnings from mega-cap technology companies, against the backdrop of rising hopes for a fiscal package from the Biden administration.
On Monday european stocks rose as gains in technology shares and upbeat earnings reports helped investors look past the possibility of extended lockdowns as many countries grapple with new Covid-19 variants.
Gold prices fell 0.29 per cent to Rs 49,304 per 10 gram today as participants offloaded their holdings on low spot demand. On the Multi Commodity Exchange, gold prices for February delivery declined by Rs 144, or 0.29 per cent, to Rs 49,304 per 10 gram in a business turnover of 5,435 lots.
On Thursday the S&P BSE Sensex moved above 50,000 mark for the first time, led by gains in Reliance Industries after the market regulator SEBI approved Reliance Industries’ ₹ 24,713-crore deal to buy Future Group’s retail assets, in a blow to Amazon’s efforts to block the agreement.
On Wednesday Indian indices edged higher to end at a record close, snapping two sessions of losses, led by gains in IT and auto stocks. Nifty Bank and Nifty Metal were also positive, lifting the sentiment further, however, FMCG was the only index to end in the red.
On Wednesday Indian indices edged higher led by gains in IT and Auto stocks. Nifty Bank, Nifty Metal and Nifty Pharma were also positive, lifting the sentiment further. Broader markets, however, outperformed benchmarks with the midcap and smallcap indices up 0.5-1 percent.
Ether is closing in on an all-time high. The cryptocurrency, one of many alternatives to bitcoin, rallied as much as 17% today to an intraday high of $1,439, according to data from industry site CoinDesk.