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Earnings data, Covid-19 updates, global trends to drive market this week: Analysts

Market this week is likely to be in a consolidation mode with a streak of profit booking at much higher levels than before.

The domestic equity market will witness bouts of profit booking at higher levels this week and will likely be guided by quarterly earnings data, coronavirus related updates and global trends(Bloomberg)
Published on Oct 18, 2020 07:30 PM IST
New Delhi | ByPress Trust of India | Posted by Ayshee Bhaduri

US markets claw back from worst meltdown since 1987

The S&P 500 surged 5.6% at the open after plunging 9.5% Thursday in the biggest rout since 1987 and fifth worst on record. European equities jumped 7%, the dollar surged and stress in the credit markets showed some signs of easing.

After each of the 10 worst days in S&P 500 history, the average return has been a gain of 2.94%. (Representative Image)(AFP)
Updated on Mar 13, 2020 07:13 PM IST
Bloomberg | ByJeremy Herron and Katherine Greifeld

Sensex plunges over 400 points; financial, auto stocks sink

Financial markets remained closed on Monday on account of ‘Ganesh Chaturthi’.

Domestic equity benchmark BSE Sensex dropped below the 37,000 level, plunging over 400 points, in early trade on Tuesday tracking heavy selling in financial and auto stocks amid weak domestic and global cues.(Reuters Image)
Updated on Sep 03, 2019 10:13 AM IST
Mumbai | ByPress Trust of India

Haunted houses no longer taboo for desperate Hong Kong homebuyers

Over half the respondents in a REA Group Ltd. survey published Thursday said they would consider purchasing a haunted apartment. Around 65% said price would be the motivating factor.

Even though Hong Kong is one of the most westernized cities in Asia, buying a haunted home is unthinkable to most local residents.(AFP File Photo/ Representative Image)
Updated on Jun 20, 2019 11:06 AM IST
Bloomberg | ByShawna Kwan

Sensex, Nifty open lower on weak domestic, global cues

In the last nine sessions, the Sensex has lost 1,940.73 points and the Nifty has given away nearly 600 points, starting Tuesday on a choppy note.

Indian bourses are facing headwinds both on domestic and global front, keeping investors jittery for past many sessions.(AFP/File Photo)
Updated on May 14, 2019 11:18 AM IST
Mumbai | ByPress Trust of India
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