Asian shares experienced an upswing, mirroring Wall Street’s significant rally driven by improved US consumer confidence and a global bond surge. Japan’s stock market led the gains, while Treasury yields stabilized after a sharp decline. Investors are closely watching Nvidia’s earnings and a key Japanese bond auction for market direction amid lingering economic uncertainties.
Concerns settled, share buybacks could flow via exchanges again
Sebi is proposing to bring back share buybacks via stock exchanges. This reverses a decision made a year ago. New tax rules have resolved earlier