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3️⃣ Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY traded 25 points lower at 21,759 signalling that the Indian stock market is headed for a negative start today.
🔴 Wall Street saw gains near the 5,000-point milestone for the S&P, boosted by positive earnings and U.S. jobs data ended at 0.06%. Meanwhile, the U.S. dollar strengthened, European equities dipped, and oil prices surged on Middle East tensions. Unemployment benefit claims in the U.S. also decreased slightly, beating forecasts. Dow Jones gained 0.13% and Nasdaq ended with gains of 0.24%.
🔴 India VIX surged by 2.08% to the levels of 15.83, indicating higher volatility.
3⃣ Things That Will Decide The Market Today📈
🔴 GIFT NIFTY traded 25 points higher at 21,479.50 signaling that the Indian stock market is headed for a positive start today.
🔴 All three major U.S stock indexes oscillated for much of the session, but by closing bell the S&P 500 was nominally lower, the Dow was modestly higher and interest rate-sensitive tech- and tech-adjacent momentum stocks put the Nasdaq out front.
🔴 India VIX was up by 6.55% to the levels of 13.13. The spurge in the volatility index comes as markets reach all time highs and heavy buying from the FIIs.
