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US stocks surged for a third straight day on Wednesday and the Nasdaq hit a new record high, helped by strong monthly domestic private jobs data and reports of progress
The key Indian equity indices rose on Thursday with the BSE Sensex gaining over 280 points. Buying activity in banking, finance and auto stocks supported the indices.
The rights issue of Reliance Industries Limited (RIL) is expected to open on May 22. It will be priced at Rs1,257 per share with a share ratio at 1:15. The issue amount is Rs53,125 crore.
The pan-European STOXX 600 slipped 0.1% by 0716 GMT, oil & gas and chemical leading the declines, while a 1.2% jump in retailers helped counter the losses.
Asian shares climbed toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns.
The Nikkei index settled 1.59% higher at 22,945.50 after hitting its highest level since June 10, with industrial and consumer discretional shares leading the advance.
European shares rose on Friday after upbeat industrial output data from Italy and France raised hopes of an economic recovery, even as a spike in coronavirus cases around the world kept gains in check.
The NSE Nifty 50 index rose 0.64% to 10,774.50 by 0511 GMT, while the benchmark S&P BSE Sensex climbed 0.67% to 36,570.32.
The benchmark Nikkei 225 index rose 0.73 per cent, or 166.74 points, to 22,884.22 while the broader Topix index was up 0.36 per cent, or 5.71 points, at 1,582.74.
The IPO subscription period starts today and runs until 2 April 2022 for the UAE Retail Offering and 5 April 2022 for the Qualified Investor Offering.
