European shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-European STOXX 600 advanced significantly, with Spain’s IBEX 35 hitting an all-time high. Travel and leisure stocks led gains, while energy shares lagged as crude prices fell.
Nifty’s 5-day fall may be nearing a reversal; Anand James maps key levels for this week
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week