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Govt to sell entire 26.12% stake in Tata Communications The Indian government will sell its entire 26.12% shareholding in Tata Communications Limited (TCL). It will sell up to 4.59 crore equity shares (forming 16.12% shareholding) of TCL through an offer for sale (OFS) via stock exchanges. The remaining 10% stake will be sold to Tata […]
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1. Stocks Steady as Earnings Take Focus Off Bonds Stocks in Europe snapped their longest streak of losses since October as Treasuries steadied, while attention shifted to corporate earnings and economic data. Oil added to recent losses. The Stoxx Europe 600 index fluctuated before heading higher for the first time in four days. Futures on […]
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1. Stocks Climb Toward Record While Bonds Decline Stocks rose on speculation that widespread vaccine distribution and government stimulus will reignite economic growth and boost corporate profits. The dollar fell toward an almost three-year low. Markets shrugged off concern over a surge in global coronavirus cases and the threat of more stringent restrictions amid a […]
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1. Record Equity Rally Eases while Treasuries Advance The global stocks rally eased on Friday as investors assess valuations following a record rise in equities this month and the enduring pandemic in parts of Europe and the U.S. Oil retreated amid rising tensions among OPEC+ members. Futures on the S&P 500 edged higher amid lower-than-average […]
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1. Cyclicals Lead Global Stocks Higher; Dollar Drops Cyclical companies are powering global equities higher for a second day as investors cheered the start of U.S. President-elect Joe Biden’s formal transition and the prospect for more economic stimulus. Futures on the S&P 500 outpaced contracts on the tech-heavy Nasdaq as investors doubled down on economically […]
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1. U.S. Stock Futures Rise U.S. equity futures and European stocks rose on signs that scientists are making fast progress toward a vaccine. Bitcoin surged past $18,000 for the first time since December 2017. Pfizer gained 2.8% in pre-market trading after saying that its Covid-19 vaccine was 95% effective with no significant safety problems so […]

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