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Indian markets on Tuesday made up for the losses it incurred on Budget day supported by a sharp decline in global oil prices. Sensex added 917 points during the day’s trade led by index-heavyweights like Reliance Industries, HDFC twins, ITC and ICICI Bank.
World markets bounced on Tuesday, with Chinese stocks reversing some of a previous coronavirus-related plunge amid official efforts to soothe nerves and both Europe and metals scoring their best day of the year so far.
It was a very Black Monday for a very beleaguered nation, which is facing growing isolation as countries shun it. The coronavirus outbreak in China has not only taken a toll on human life, but also on the economy.
Asian and European stocks advanced on Tuesday, after Wall Street reached record peak on easing investor concerns over the economic impact of China’s coronavirus outbreak.
Stock markets across the world ticked higher on Friday, as investors bet that the damage to the global economy from China’s coronavirus outbreak would not be long-lasting.
Return on equity (RoE), a key strategic metric used to evaluate the capital allocation efficiency of a company, is at a 16 year low for the S&P BSE 500 companies, a research report said.
Warren Buffett’s Berkshire Hathaway Inc posted a 23 per cent decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its old record for full-year earnings.
The new virus took aim at a broadening swath of the globe on Monday, with officials in Europe and the Middle East scrambling to limit the spread of an outbreak that showed signs of stabilizing at its Chinese epicenter but posed new threats far beyond.
US stocks surged for a third straight day on Wednesday and the Nasdaq hit a new record high, helped by strong monthly domestic private jobs data and reports of progress
A decline in the number of new coronavirus cases in China and mounting expectations for more policy stimulus boosted global equity markets on Wednesday