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Asian stocks gained on Thursday after the Federal Reserve pledged to keep monetary policy and rates unchanged and projected a rapid jump in US economic growth this year as the COVID-19 crisis eases. Japan's Nikkei225 index added 1.77 per cent, Hong Kong's Hang Seng index climbed 1.4 per cent while Korea's Kospi advanced 1.2 per cent. E-mini futures for the S&P 500 rose 0.31 per cent.
Stocks that are likely to bounce on the lifting of Covid curbsAviation, hotels, multiplexes, city gas and liquor stocks could be the biggest gainers
from Stocks-Markets-Economic Times https://ift.tt/3yHJPx4
… Read MoreLenders say no to promoters’ bid for Jaypee InfratechMoreover, home buyers who constitute a majority of the debt are unlikely to support a bid from the very builder which delayed the construction in the first place people familiar with the negotiations said. This offer is too l… Read MoreNifty could touch 16,400 by Sept: ICICIdirectThe brokerage said any dips in the market should be used to accumulate quality large-caps and midcaps. Broader market outperformance is likely to accelerate with small-caps catching up, the brokerage said.
from Stocks-Market… Read MoreFed policymakers edge closer to opening debate around taperFed policymakers have promised to give markets plenty of notice before changing policy, to avoid a repeat of the "taper tantrum" spike in bond yields after former Fed Chair Ben Bernanke surprised markets by flagging a reducti… Read MoreSensex bounces as auto, metal stocks lift Dalal Street; Asian Paints rises 2%The S&P BSE Sensex index jumped as much as 309.45 points to touch 50,961.35 in the first few minutes of trade.
from Stocks-Markets-Economic Times https://ift.tt/3bPk2ce
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