Greek Elections

Stocks surged on Friday to close out a sour quarter on a high note as investors cheered an agreement by European leaders to stabilize the region's banks, a pact that helped remove some of the uncertainty that has plagued markets.

Changes in govt may strengthen mkt in near term: PL

Amisha Vora, Joint Managing Director of Prabhudas Lilladher is of the view that the market should be little more positive from here on, though it would to some extent also depend on how the monsoon pans out.

Euro blue chips to remain in bear territory: Charts

The Euro Stoxx 50 provides a proxy to the slow moving crisis that is consuming Europe.

Gold rises for 8th day, euro zone worries support

Gold rose for an eighth consecutive session on Tuesday, the longest winning streak since July last year, after a weekend victory for pro-bailout parties in Greek elections failed to shake off worries about a worsening debt crisis in Europe.

Gold ticks lower after 7-day winning streak

Gold edged down on Tuesday as equities gave up some of the gains driven by enthusiasm over a weekend victory for pro-bailout parties in Greek elections, and investors shifted their focus to a policy meeting by the US Federal Reserve.

Mkt pins hopes on Wednesday's Fed meet: Udayan

CNBC-TV18 managing editor Udayan Mukherjee explains that the RBI‘s credit policy seems to have disappointed the street and that was the big talking point today. The economic logic for a rate-cut was never very high, but the street had trumped up a lot of expectations since last week.

Tumultuous week ahead on Spanish woes: UBS

Martin Lueck, economist, UBS explains to CNBC-TV18 that the results of the Greek elections will last only till the near-term and the EU will have to re-direct its attention to the worsening situation in Spain and Italy.

Can the Greece-inspired rally in oil prices last?

Even though Greek elections yielded what's being perceived as a market-friendly outcome, some warn the bounce in risk-assets may not last.

Investors seek shelter before Greek vote

Traders and investors are taking all bets off the table before this weekend's Greek elections, which may decide whether Athens stays in the euro zone.

Contagion in Italy, Spain worries EU than Greek exit: Bruno

Bruno Verstrate, CEO, Lakefield Partners explains to CNBC-TV18 that the markets will rally even if Greece exits the Euro and adds the real worry for the Europe is in preventing and controlling the economic contagion in Italy and Spain.

Brent rises towards $98, OPEC output target steady

Brent futures rose towards USD 98 on Friday, extending gains after producer group OPEC agreed to keep its output target unchanged for the second half of the year, although uncertainty surrounding Europe's debt crisis capped further advances.

Why joint central bank action is unlikely and won't work

Speculation that major central banks are planning coordinated action heightened on Friday on a media report that Group of 20 nations are preparing to provide liquidity to financial markets.

Brent steady above $97 ahead of OPEC meet, Greece elections

Brent crude held above USD 97 on Thursday, trading in a narrow range with investors reluctant to take positions ahead of the outcome of a meeting of producer group OPEC and Greek elections.

Pause till inflation, Greece & monsoons settle: Dipan Mehta

BSE and NSE member Dipan Mehta advises investors on CNBC-TV18 to adopt a wait and watch mode till the inflation data is released, the results of the Greek elections are announced and full impact of the monsoons is observed.

Germany has three months to stem euro crisis: Soros

Germany and its central bank are unlikely to lead the way out of the euro zone debt crisis within three months time, after which it will be too late, US billionaire George Soros said on Saturday.

Low rupee gives brave investors a shot at market: Freeman

The main culprit for most global markets heading down has been the disappointing jobs report which came in the US along with the dismal PMI data which was announced in China. In lieu of all the negative global macro news, Seth R Freeman of EM Capital Management talks about where markets are headed going forward.

Remain defensive; markets lack sense of direction now: Citi

A sketchy global environment has left investors looking for safe havens. After a troubled month of May, there are now hopes of June bringing in some clarity for markets. Mohammed Apabhai of Citi says the key events which everyone has an eye on are the Greek elections and the Federal policy meet.

Upward trend in rupee can see it hit 58/$: IndusInd Bank

Rajeev Mahrotri, head of trading, global markets group, IndusInd Bank says in all likelihood the rupee will possibly touch 56 and later on even 58 to the dollar.

EMs to provide refuge from global turmoil: Mark Mobius

In view of the turmoil in developed markets, Mark Mobius of Franklin Templeton Investments sees emerging markets as a refuge for investors.

Expect action from ECB before Greek elections: Verstrate

Bruno Verstrate, CEO of Lakefield Partners, tells CNBC-TV18 that the European Central Bank could enter the market before the Greek elections so as to curb volatility.

Rabobank sees 1.26-1.27/$ as strong level for euro

Jane Foley, senior currency strategist, global financial markets, Rabobank International says that the probability of a 16 membership European Union has certainly risen over the last few weeks.

Greek election about austerity, not the euro: Former PM

With the result of Greek elections just hours away, former Greek Prime Minister George Papandreou said that the result will reflect the pain of austerity, rather than a rejection of Greece`s membership in the euro zone.