Japanese stocks: Japanese stocks soar as wider markets bounce from brutal selloff

Japanese stocks: Japanese stocks soar as wider markets bounce from brutal selloff

Japanese stocks jumped at the open on Tuesday, underpinning a recovery across battered Asian share markets and even triggering circuit breakers in some, after central bank officials said all the right things to soothe investor nerves. The Nikkei soared more than 8% to above 34,000 in the opening minutes of trading, rebounding sharply from its … Read more

market capitalisation: PSUs lose Rs 2.41 lakh crore in a single day

market capitalisation: PSUs lose Rs 2.41 lakh crore in a single day

Mumbai: The selloff in shares of state-owned companies on Tuesday resulted in their total market value eroding ₹2.41 lakh crore in a single day. Following the state election results on December 3, the market capitalisation of public sector companies has gained more than ₹10 lakh crore till Saturday. The losses incurred on Tuesday represent almost … Read more