Global Events
World Markets.
US Market Mixed
Dow Down 47 (-0.09%)
NASDAQ UP 336 (+1.30%), S&P UP 61 (+0.81)
European Market Mixed
FTSE Down 17 (-0.16%), CAC UP 74 (+0.89%),
DAX UP 221 (+0.88%)
Asian Markets Positive
Nikkei UP 1216 (+1.80%), Hang S. UP 330 (+1.37%),
Taiwan UP 0 (+0.00%), Kospi UP 261 (+3.58), Shanghai UP 23 (+0.57%),
St.T UP 17 Points (+0.31%)
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US and Asian markets in Green, Europene markets mixed
Brent crude slips 2% and at 76.29 as Hormuz traffic resumes
US 10-year yields cool as tension ease
Wall Street ralies on Iran hopes
Asia set to track US optimism
Nasdaq leads chip-given gains
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“A man who knows what he brings to the table ain’t afraid to eat alone.”
FX Hub: Drivers of Global and INR Markets:
USDINR: Exp Range: 94.90-95.60
The rupee had closed at 95.39, 16 paise stronger from its previous close of 95.55 per dollar. US Jobless claims fall, but Dollar fails to regain traction. CPI, PPI and housing data drive next Fed repricing. Fed minutes and Williams' comments has kept US tightening risks alive. Renewed friction between the United States (US) and Iran is fueling concerns over energy-driven inflation, reinforcing expectations that the Fed could keep monetary policy restrictive for longer. According to the CME FedWatch tool, markets now assign a chance of more than 30% to a rate hike at the next Fed meeting, up from less than 20% a week ago. Brent Crude prices are at $76/bbl while DXY trading at 100.45 levels.
Global Markets:
South Korea's Kospi index was up 2.6%, while Japan's Nikkei was uo 1.3%. The MSCI Asia Pacific Index was up 0.6%. Asian shares gained after rebound in chip stocks lifted sentiment after a tech-led rally overnight on Wall Street.
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Gift Nifty UP 121 (+0.50)
Dow Future UP 28
Nasdaq Future Down 27
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Domestic Events
Dollar Down 0.32 at 100.63
Rupees UP 0.19 paisa to close at 95.38 against US$
Sector Watch
IT, Pharma, Realty, Auto, OMCS, Shoes, Broking, NBFC
Sector Avoid
Oil & Gas, Solar, Insurance, Energy, Power
Indian Markets Trend
With gapup strart sharp rally may seen in near term
Nifty-50 expected to cross 24,100 and Sensex 76,900 levels
Overall market bias remains bullish during the session
Stock-specific action is likely to dominate as Q-1 FY27 season gathers space
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ALL EYES ON...
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Primary Markets
Kusumgar IPO Subscribed 13.13x on Day two
Laser Power IPO booked 16% on Day One
Today Listing
IC Electricals Co. Ltd. (NSESME)
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Q-1 FY27 Results
Indian BK, L&T Fin., Elecon Engineering, Chembond Chem., GNA Axels, Heritage Foods
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