Markets rose to their highest level in two-and-a-half years on Friday, bouyed by a rally in world equities and better-than-expected quarterly earnings by outsourcer Wipro. Export-driven software services companies were among the gainers after Wipro posted a 31 per cent rise in quarterly profit said it was seeing strong business environment.
Wipro rose as [...]

Shares briefly turned negative on Friday morning after hitting a 2-1/2 year high as traders locked in gains, dealers said.
the 30-share BSE index was up 0.01 per cent at 18,115.30 points. It had turned negative after rising as much as 0.7 per cent early. The 50-share NSE index was up 0.4 per cent at [...]

markets were in high demand in mid July, with bond fund inflows at a record, as investors chose dynamic developing economies over lagging advanced markets, EPFR Global said on Tuesday.
Emerging market equity funds tracked by EPFR posted combined inflows of more than $3 billion for the week ended July 14, while emerging market bond funds [...]

The euro extended losses on Monday, pulling further away from two-month highs, after Moody’s cut Ireland’s credit rating, highlighting the fragility of Europe’s fiscal health.
The euro quickly fell to the day’s lows of $1.2868 after the rating agency cut Ireland’s government bond ratings to Aa2, from Aa1, saying the country had suffered a “significant loss [...]

A plunge on Wall Street set a bearish tone in Asian trade Monday, with most markets lower as traders reacted to Friday’s falls, although Shanghai stocks showed signs of a comeback.
In subdued trade with Tokyo closed for a holiday, Australia’s S&P/ASX 200 index fell 1.36 per cent, or 60.2 points, to 4,362.5 by the afternoon.
Major [...]

European equity markets rose on Monday, bouncing back from pre-weekend losses that were suffered on the back of poor US economic data.
London’s benchmark FTSE 100 index of top companies gained 0.60 per cent to 5,190.07 points in midday trade, Frankfurt’s DAX 30 rose 0.53 per cent to 6,072.89 points and the Paris CAC 40 climbed [...]

Markets continued to rule firm for the second consecutive week as the BSE benchmark Sensex rallied by another 122 points on stock-specific buying following strong Q1 results and sustained capital inflow from foreign funds.
The Sensex advanced in three out of the five trading sessions boosted by market regulator Sebi’s decision to allow physical settlement of [...]

Markets continued to rule firm for the second consecutive week as the BSE benchmark Sensex rallied by another 122 points on stock-specific buying following strong Q1 results and sustained capital inflow from foreign funds.
The Sensex advanced in three out of the five trading sessions boosted by market regulator Sebi’s decision to allow physical settlement of [...]

US stock markets bounced higher on Tuesday after a positive start to the second-quarter earnings season boosted investor optimism about the economic recovery.
The Dow Jones Industrial Average of 30 blue-chip stocks racked up 112.99 points (1.11 per cent) at 10,329.26 in early trades.
The tech-heavy Nasdaq composite index rose 20.15 points (0.92 per cent) to 2,218.51 [...]

Africa offers among the world’s best investment prospects as emerging markets grow ever more important, although its economies risk being destabilized by the slew of capital they stand to attract in coming years..
Africa withstood the financial crisis better than many predicted, and the region’s economic growth is forecast at 4.75 percent in 2010. Next year, [...]