STOCKS: The benchmark BSE Sensex rose 1,031.43 points, or 1.78%, to 58,991.52, while the broader NSE index gained 276.85 points, or 1.62%, to 17,357.55 aided by high-weightage information technology and financials stocks, as investors find valuations attractive after a recent correction.
* Dollar eyed ahead of U.S. inflation data. * MSCI EM stocks index set to rise about 4% in Q1. * EM currencies eying gains of nearly 2% in Q1. * EM sovereign bond issuance at record high. By Shreyashi Sanyal.
From a red-hot January as China cast off COVID curbs to February's flop when interest rates surged and now a manic March of banking blow-ups - financial markets have had an action-packed start to the year even by recent standards.
* World stocks up 6% after rollercoaster few months. * Bond markets see huge swings between hope and fear. * Banking turmoil evokes memory of crises past. * Dollar slips whereas bitcoin roars back to form. By Marc Jones.
Euro zone government bond yields edged up on Friday as receding concerns about the prospects of a global banking crisis offset the likelihood of persistent inflation in the euro zone.
STOCKS: The benchmark BSE Sensex rose 820.89 points, or 1.42%, to 58,780.98, while the broader NSE index advaned 231.3 points, or 1.35%, to 17,312, helped by receding concerns over the U.S. banking sector. RUPEE: The Indian rupee strengthened 0.14% versus the U.S. dollar to 82.23 on back of the broad uptick in Asian currencies fuelled by the positive risk mood.
Share markets pushed for a fifth straight day of gains on Friday and bonds headed for their best month since 2008, as a record monthly drop in the euro zone's inflation rate raised investors' expectations for similar U.S. data later in the day. With an action-packed first quarter also drawing to a close world stocks were consolidating a 6% year-to-date rise.
Japan's 10-year government bond yield rose to a near three-week high on Friday, with investors selling save-haven debt as global financial worries subsided. The 10-year JGB yield rose 1 basis point to 0.325%, its highest level since March 13.
STOCKS: The benchmark BSE Sensex rose 647.35 points, or 1.12%, to 58,607.44, while the broader NSE index gained 199.35 points, or 1.17%, to 17,280.05, led by gains in index heavyweight shares. RUPEE: The Indian rupee strengthened 0.18% versus the U.S. dollar, and quoted at 82.20 per dollar, tracking broad dollar losses and upbeat risk appetite.
A gauge of global stocks was on course for its biggest weekly percentage gain in 4-1/2 months on Friday, with the two-year U.S. Treasury yield set for its first quarterly decline in the past nine, as U.S. inflation data fueled hopes the Federal Reserve may be reaching the end of its rate hiking cycle.
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