The Sensex and Nifty surged to record closing highs of 47,746.22 and 13,981.95 respectively.
Domestic stock markets continued to rise for a sixth straight day on Wednesday tracking record highs in Asian equities, as optimism around a fast economic recovery from the coronavirus-caused slowdown boosted investor sentiment. The S&P BSE Sensex index gained 194.77 points to touch an all-time high of 47,807.85, and the broader NSE Nifty 50 benchmark added 109.7 points to an all-time high of 13,982.90, during the session. Gains in automobile and metal shares supported the markets. (Track Sensex, Nifty Here)
The Sensex ended 133.14 points, or 0.28 per cent, higher at 47,746.22, and the Nifty settled at 13,981.95, up 49.35 points, or 0.35 per cent, from its previous close both record closing highs.
U.S. Senate Majority Leader Mitch McConnell on Tuesday put off a vote on President Donald Trump's call to boost COVID-19 relief checks and urged the Senate to override his veto of a defense bill, in a rare challenge to his fellow Republican three weeks before he vacates the White House.…
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NEW YORK (Reuters) - The euro, Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback on Wednesday as investors bet on more U.S. fiscal support and positioned for year-end in light trading volume.
FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration
Investors are betting that an improving economic outlook as COVID-19 vaccines are rolled out and unprecedented fiscal and monetary stimulus will boost global growth and asset prices in 2021.
U.S. economic growth is expected to drag behind peers, however, with the U.S. currency also suffering from rising fiscal and current account deficits as the government increases spending to tackle coronavirus-related business shutdowns.
How much will the stimulus checks be, track yours online
How much will the stimulus checks be, track yours online
Posted at 11:09 PM, Dec 29, 2020
and last updated 2020-12-30 11:01:17-05
BAKERSFIELD, Calif. (KERO) â Earlier, on Tuesday, Treasury Secretary Steven Mnuchin said that most Americans will start receiving stimulus checks as early as tonight, but after a long drawn out stimulus battle, the question remains How much will it be?
After a months-long stimulus stalemate, Congress finally reached an agreement on a $900 billion COVID relief package, but about a week ago President Trump demanded more money to the American people which failed, but Americans can still expect a check.