Indian shares gain, reaching record high – GulfToday

SourceGulf Today
SectorFinancial Markets
CountryMiddle east

Oil prices decline as coronavirus cases surge in China "The results of TCS and D-Mart have surprised the market. Also, the new US government might increase the stimulus package. These are the reasons the market is very positive," said AK Prabhakar, head of research at IDBI Capital in Mumbai.  On the other hand, Asian shares took a breather while Treasury yields were at 10-month highs as "trillions" in new US fiscal stimulus plans were set to be unveiled this week.   ...read more...