Market Savera - 25/10/2024
Listen now
Description
U.S. stocks closed mixed on Thursday, with the blue-chip Dow extending its losing streak to a fourth straight session and the S&P 500 edging higher as Tesla shares surged. A gauge of the “Magnificent Seven” hit a three-month high, with Tesla Inc. up 22% in its biggest rally since May 2013. In Japan, Governor Kazuo Ueda signaled the central bank won’t hike interest rates next week, with almost all BOJ watchers already expecting no policy shift this month. Reliance and Nvidia are partnering to build AI infra in India NLC India forms joint ventures with rajasthan for power capacity expansion Gujarat Fluorochem EV Division Secures INR 1k cr for Expansion Major Asian equity benchmarks were split between gains and losses Friday after Wall Street rallied for the first time this week as Tesla Inc. shares jumped. Nifty settled at over two–month low on October 24 falling for a third consecutive session as earning reports failed to uplift investors' sentiment. Nifty witnessed a 139-point high-low range with volumes falling 17% compared to the previous session. This suggests that constant selling pressure could be close to an end for the time being. Nifty could bounce back and run into resistance in the 24568-24604 band while 24196 could provide support for the near term.
More Episodes
US Stocks Hit Record High on Israel Cease-Fire Deal US equity markets surged to all-time highs as investors looked past Donald Trump’s tariff plan, with geopolitical risks abating after Israel and Hezbollah reached a cease-fire agreement. Wall Street posted its seventh straight winning session...
Published 11/27/24
The Dow Jones Industrial Average logged a record close on Monday, as U.S. Treasury bonds saw their biggest rally in nearly four months after President-elect Donald Trump selected Scott Bessent as his nominee for Treasury secretary. U.S. President-elect Donald Trump said on Monday that on his...
Published 11/26/24
Published 11/26/24