Recovery optimism sends Dax to record high
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Dax, FTSE gain ground
European stocks are bounding higher on Tuesday, rallying to record levels on signs of economic recovery, even as the region battles with its third wave of Covid and attempts to ramp up its vaccine programme.
News that Germany plans to have 20% of its population vaccinated by the beginning of May has helped boost sentiment surrounding German stocks, which soared ahead to fresh all-time highs, firmly beyond the key 15,000 level. Investors are managing to look past the current rise in infections in the Eurozone’s largest economy, which prompted lockdown restrictions to be extended.
US open: futures point lower after record rally US open: futures point lower after record rally
Fiona Cincotta April 6, 2021 1:29 PM
US futures pause for breath after a record rally on Monday. JOLTS job opening data in focus. Share:
S&P futures -0.2% at 34060
Nasdaq futures -0.02% at 13590
In Europe
Futures slip but economic optimism remains
US futures are pointing to a slower start on Tuesday after rallying to record highs in the previous session. The S&P 500 closed 1.4% higher on Monday at a record 4076 whilst the Dow Jones rose 1.1% to close at an all time high of 33527.
The strong gains come amid on growing expectations of a strong US economic recovery. A blowout US jobs report on Friday, followed by a surging in service sector activity reported on Monday and an accelerating vaccine programme sug
Sensex crashes 1,400 points as Covid-19 cases cross 1 lakh mark for first time
Sensex lost 1,391 points to 48,638 and Nifty slipped 388 points to 14,479 in early trade
Aseem Thapliyal | April 5, 2021 | Updated 12:03 IST
On April 1, Sensex and Nifty, ended on strong note amid broad-based buying.
Sensex crashed nearly 1,400 points in early trade as rising Covid-19 cases in the country took a toll on investor sentiment. India recorded over 1 lakh coronavirus cases on Sunday, the highest single-day rise since the pandemic began last year.
Sentiment on Dalal Street was also affected after the Maharashtra government imposed a night curfew in the state from 8 pm to 7 am from today. The state will also go for a complete weekend lockdown from 8 pm on Friday to 7 am on Monday.
Macrotech Developers, Seven Islands Shipping, Dodla Dairy among six upcoming IPOs in April
The IPO market saw several public issues last month as market saw an improvement in investor sentiment with economic parameters too indicating a revival in GDP growth
BusinessToday.In | April 5, 2021 | Updated 16:11 IST
Shares of Laxmi Organic Industries, MTAR Technologies, Nazara Technologies, Easy Trip Planners, Heranba Industries, Craftsman Automation, Suryoday Small Finance Bank, Anupam Rasayan India and Kalyan Jewellers India were listed on BSE and NSE last month.
Investors will get a chance to subscribe to at least six initial public offers (IPOs) in April. The IPO market saw several public issues last month as market saw an improvement in investor sentiment with economic parameters too indicating a revival in GDP growth. March saw nine companies making their market debut and charting a path of recovery in the IPO market.