INDIAN BENCHMARKS Indian shares surged nearly 2 percent on Friday to record highs for the second consecutive day after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips.
In a rare split decision, the BoJ's board voted 5-4 to accelerate purchases of Japanese government bonds so that its holdings increase at an annual pace of 80 trillion yen ($725 Billion) up by 30 trillion yen. BoJ's easing is being seen as an alternative to the U.S. Federal Reserve's just concluded bond-buying programme, The INDIAN BENCHMARKS SENSEX ended 2 percent higher at 27894 and the 50-share NIFTY ended 1.98 percent up at 8330.
GLOBAL MARKET CHASE
ASIAN STOCKS ended higher on amid improving investor confidence following the release of upbeat economic data from the US overnight.
U.S. STOCKS rallied on after Japan said it would expand its monetary easing programs, including allowing pension funds to invest more in foreign equities.
EUROPEAN STOCKS opened sharply higher, as a surprise announcement of additional easing by the Bank of Japan boosted global equity markets.
Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.
In a rare split decision, the BoJ's board voted 5-4 to accelerate purchases of Japanese government bonds so that its holdings increase at an annual pace of 80 trillion yen ($725 Billion) up by 30 trillion yen. BoJ's easing is being seen as an alternative to the U.S. Federal Reserve's just concluded bond-buying programme, The INDIAN BENCHMARKS SENSEX ended 2 percent higher at 27894 and the 50-share NIFTY ended 1.98 percent up at 8330.
GLOBAL MARKET CHASE
ASIAN STOCKS ended higher on amid improving investor confidence following the release of upbeat economic data from the US overnight.
U.S. STOCKS rallied on after Japan said it would expand its monetary easing programs, including allowing pension funds to invest more in foreign equities.
EUROPEAN STOCKS opened sharply higher, as a surprise announcement of additional easing by the Bank of Japan boosted global equity markets.
Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.
0 comments:
Post a Comment