Frankfurt's DAX index gained 0.3 percent to 15,418.70 points and the Paris CAC 40 grew 0.7 percent to 7,010.11.
Asian shares opened in the red on Monday after a sharply lower finish for major US indexes on Friday amid concerns central banks will become less accomodative. Oil prices extended declines on Monday amid projections that US data is set to show a big rebound in crude inventories.
Stocks in US kicked off with their best start to a month in more than three years. The major indices closed more than 2 percent higher, helped by a rise in oil prices and a better-than-expected ISM manufacturing report.
Sluggish growth doesn‘t mean recession. At a global level, bond yields will remain low for a long period of time. It means that at some point, investors will have to relocate their funds towards risky assets and we expect that process to occur by the end of the year, says Didier Borowski, chief economist at Amundi Asset Management Company
The pan-European STOXX 600 fell some 2 percent, with all sectors in negative territory. The DAX was slipped over 1.5 percent, after December German industrial output fell 1.2 percent month-on-month, according to the country's Economy Ministry
Reliance, Cipla, TCS, HDFC Bank and Coal India were top gainers while Hindalco, ITC, Tata Motors, ICICI Bank and ONGC were losers in the Sensex.
Asian stocks held firm on Wednesday as a sharp rebound in oil prices supported battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting
Vikas Rathee, Group CFO, Prime Focus is very confident of a very strong topline and bottomline performance in FY16. Revenues for the company are likely to be around Rs 1800-2000 crore in FY16and hopes to achieve EBITDA margins in the range of 20-22 percent.
The market recouped all its losses in late trade supported by metals, FMCG and select oil stocks. The Sensex rose 12.13 points to 28516.59 and the Nifty gained 0.4 point at 8660.
German stocks powered above 12,000 points for the first time, while the main pan-euro zone benchmark indices hit new seven-year highs.
The market rallied for the seventh consecutive session on Friday, spiking nearly 2000 points on the Sensex (in seven days). The Sensex today gained 272.82 points or 0.94 percent at 29278.84 and the Nifty jumped 60.15 points or 0.69 percent to 8821.55 on ECB stimulus.
Fed‘s commitment to keep interest rates at historic lows for `considerable time‘ and BoJ‘s commitment to expand its QE sparked a global rally
All sectoral indices closed in the red. BSE Power, Capital Goods, Oil & Gas, Auto, IT, Bank and Healthcare indices were down 1-3 percent while ITC, Gail India and Coal India were only gainers in the Sensex, up around a percent.
The transaction is subject to regulatory approvals and expected to close in the coming weeks, said PFT, which is the technology arm of Prime Focus, a post production firm said.
Prime Focus Technologies (PFT) subsidiary of Prime Focus, the visual entertainment services provider has signed a definitive agreement to acquire DAX.
California-based DAX provides cloud-based production workflow and media asset management applications to the entertainment industry.
US benchmark Treasuries yields edged above 3 percent for the first time since September, having risen steadily since the Federal Reserve said last week it would shrink its monthly bond purchases in January.
Microsoft and Google reported kind of weakish earnings. S&P is flat on the day, DAX is underperforming, there are scary headlines out of Detroit, but the market is seems to be taking things in stride.
The Dow Jones industrial average gained 106.29 points, or 0.69 percent, to close at a record high of 15,409.39. Meanwhile, European markets closed near multi-year highs.
Mecklai graph of the day: DAX and FTSE 100 - Investors would continue to enjoy the recent rally but on other hand would interesting to watch that the current euphoria will last reckoning weaker fundamentals.
European assets which are highly below book value will continue to be in focus among global investors.
World shares hit their highest level in almost five years on Tuesday as last week's strong U.S. jobs report continued to fuel optimism about the health of the global economy.
Regan Homavazir, associate VP-Technical Research, Darashaw sees 6,000 as a key resistance for the Nifty going forward.
The trigger of the DAX moving to flat for the year was potentially very significant, says Nick Parsons, head of markets strategy, Europe for National Australia Bank. Talking to CNBC-TV18, he says though Chinese data has been disappointing, it is important to look at it in context.
European shares fell on Friday to post their biggest daily fall of the year so far after US jobs figures came in much worse than expected.