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Market Overview

Stock market news: Indian indexes see bloodbath on the street

After the 7-week sprint which led to the frontline indexes touching new highs, investors and traders finally decided to book profits on Wednesday, as a result of tensions related to pandemic. Nifty and Sensex saw a decline of ~1.4% and ~1.3% respectively. These falls were their worst declines since 26th October. Decline in the indexes

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Market Overview

US indexes closed higher: Will the December rally continue?

Push and pull between the global central banks and equity markets continued on Tuesday too as recent comments from the US Fed supported the movement of equities. All the 3 US indexes closed higher, despite some analysts expecting that rate cuts might not happen until 2H24. S&P 500 ended higher on Tuesday, with the index touching

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Market Overview

Investors booked profits: Indian indexes declined Monday

Indian equity indices witnessed a fall on Monday as a result of profit-taking after the 3-day rally. Foreign institutional investors (FIIs) decided to sell stocks of Indian companies for INR11,507.05 crore and they purchased stocks for the consideration of INR11,473.54 crore, which led to the outflow of INR33.51 crore, as per NSE data. Domestic institutional

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Market Overview

US stock futures traded flat: Will the upside momentum continue?

The US stock futures traded flat Sunday night post 3 major indexes saw 7th consecutive weekly gains.  The Dow Jones Industrial Average saw a new intraday record, with Nasdaq 100 seeing a new closing high. Futures associated with Dow industrials saw the addition of ~34 points, or 0.1%. S&P 500 futures moderately increased by 0.1%, with Nasdaq 100 futures

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Market Overview

Global economic data points should aid market movement: What to expect in the coming week?

The upcoming week will be the last one before the holiday season kickstarts after Fed pushed the global equity markets to the record highs. Analysts and experts expect that global economic data points should aid market movement in the coming week. Even though macro strategists expect that there will be the positive movement, certain economic

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Market Overview

Global and Chinese indexes ended higher: Identifying potential catalysts

Global and Chinese indexes ended higher, with US stocks closing in green on Friday as Dow industrials and Nasdaq Composite built momentum after the positive comments from the US Federal Reserve. All the frontline indexes closed with weekly gains, as all 3 indexes increased by minimum ~2.5%. Dow Jones saw a record Thursday as a

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Market Overview

India’s equity market making new highs: What is supporting the market?

Investors always gets inclined to the growth story, and with India’s equity market making new highs, the country’s economy and frontline indexes have captured global attention. In the previous month, market cap of NSE surpassed the flagging Hong Kong Stock Exchange and because of this India’s equity was declared as the 7th largest equity market.

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Market Overview

US Fed kept interest rate steady: Can we expect a rate cut in early 2024

Dow Jones Industrial Average climbed Wednesday to touch the record high as the US Fed kept interest rate steady. The apex hinted that it might cut interest rates numerous times over the course of 2024. With these comments, the investors were satisfied that the central bank acknowledged slowing inflation trend because of which it opted

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Market Overview

Global stocks ended higher: Investors eye on US Fed’s meeting

The US stocks increased for the 4th session Tuesday as Wall Street analysts eye on the hints as to when the US Fed will initiate easing of monetary policy. The S&P 500 saw an increase of 0.46% to end the session at ~4,643.70, with Dow Jones gaining ~173.01 points, or 0.48%, to close at ~36,577.94. Nasdaq

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Market Overview

Global stock market news: Global indexes trade in green

The S&P 500 ended higher Monday because investors were seen continuing the Wall Street’s year-end positive momentum. In understanding the global stock market news, the broader market index saw an increase of ~0.39% to end the session at ~4,622.44 levels, marking its highest closing level since the month of March 2022. Dow Jones Industrial Average climbed by ~157.06

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