Tag Archives: coronavirus impact on markets

India’s Place in Global Markets Is at Stake in Virus Response

India

The rupee slid 5.5% in the first quarter India’s checkered history with foreign investors is making one of the biggest emerging markets look particularly vulnerable at a time when its need for overseas funding has never been clearer. Decades of semi-socialist, self-reliance based policies following independence left a legacy of …

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Coronavirus Lockdown May Hurt Government’s Plan to Sell Record Bonds

Coronavirus Lockdown May Hurt Government

The government on Tuesday said it will sell Rs 4.88 lakh crore of bonds in the six months to September With India in the throes of an unprecedented lockdown, Prime Minister Narendra Modi’s record borrowing program may face a rough start. The government on Tuesday said it will sell Rs …

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Rupee Jumps To 74.35 Vs Dollar After RBI Surprise Amid Coronavirus

As Rupee Hits 16-Month Low, Analysts Warn Of

Analysts say the RBI action shows its commitment to aid the economy’s fight against the outbreak The rupee appreciated by as much as 81 paise to return to early 74 levels against the US dollar on Friday, after the Reserve Bank of India (RBI) lowered the repo rate – the …

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When Will Coronavirus-Hit Markets Heal? 12 Charts To Monitor

When Will Coronavirus-Hit Global Markets Heal? 12 Charts To Monitor

London: Assessing the longer-term financial impact of the coronavirus spread worldwide now hinges on the success of lockdowns in containing the pandemic and trillions of dollar of support in easing the burden, thereby limiting the duration of the deep freeze and hastening any rebound. Since the virus exploded beyond China …

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Global Stocks Surge As Investors Place Hopes On US Stimulus

Coronavirus: Global Stocks Plunge After Donald Trump Bans Travel From Europe

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.7% Tokyo: Asian shares extended their rally on Wednesday in the wake of Wall Street’s massive rebound as the US Congress appeared closer to passing a $2-trillion stimulus package to mitigate the economic blow from the coronavirus pandemic. MSCI’s broadest index …

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RBI May Soon Allow Repurchase Ops In Corporate Bonds, Says Report

Economic Remedies For The Coronavirus Across The Globe

The RBI earlier launched long-term repo operations to boost rupee liquidity Mumbai/New Delhi: Authorities are considering allowing corporate bonds as collateral for repurchase operations as they seek to cool the recent spike in corporate borrowing costs in the wake of the coronavirus outbreak, two sources told news agency Reuters. “We have …

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Gold Futures Hover Near Rs 39,800 Per 10 Grams Amid Coronavirus Fear

Gold Futures Recover Most Of Day

MCX gold futures rose as much as 0.95% to touch an intraday high of Rs 40,099/10 grams Gold Rates On March 19: Gold prices registered mild gains on Thursday amid a prolonged selloff in equity markets. MCX gold futures rose by Rs 376 per 10 grams – or 0.95 per cent – …

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Rupee Vs Dollar (INR Vs USD) Coronavirus News Rupee Recovers After Hitting Record Low 74.50 Vs USD

Rupee Recovers After Hitting New Record Low Of 74.50 Against Dollar: 10 Points

The rupee recovered to as high as 73.92 against the US dollar, regaining strength after dropping below 74.48 to register a new record low of 74.50. A sharp rebound in equity markets after a 10 per cent fall in benchmark indices triggered the lower circuit – halting trading for 45 …

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Sensex Plunges Over 1,100 Points, Nifty Struggles Near 11,300 As Coronavirus Spooks Global Markets

Sensex Plunges Over 1,150 Points, Nifty Slumps Below 11,300 As Coronavirus Spooks Global Markets

All of the 11 sectoral indices on the NSE suffered losses, and all 50 shares in Nifty fell Domestic stock markets suffered sharp losses on Friday as global markets stared at the worst week since the 2008-09 financial crisis amid fears the spread of coronavirus would affect global growth. …

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Sensex Gains Over 200 Points, Nifty Moves Above 12,200 Amid Buying Across Sectors

How Stock Markets Read Budget 2020, RBI Policy Review This Week

Gains across sectors – led by banking, IT and automobile shares – pushed the markets higher Domestic stock markets started Friday’s session on a positive note, a day after breaking a two-day winning streak. The S&P BSE Sensex index rose as much as 235.14 points to touch 41,694.93 in …

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