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3οΈβ£Things That Will Decide The Market Today π
π΄ GIFT NIFTY opened 12 points higher at 22,385 signalling that the Indian stock market is headed for a positive start today.
π΄ The S&P 500, Nasdaq, and Dow Jones indexes all reached record highs due to optimism about potential interest rate cuts by the Federal Reserve, driven by lower-than-expected consumer inflation. Technology stocks led the surge, with the Dow nearing the 40,000 mark.
π΄ The volatility index - India VIX advances by 0.38% to the levels of 20.27 indicating increased volatility in the market.
3οΈβ£Things That Will Decide The Market Today π
π΄ GIFT NIFTY opened 16 points higher at 22,389 signalling that the Indian stock market is headed for a positive start today.
π΄ On Tuesday, the Nasdaq hit a new record high, with the S&P 500 and Dow also rising. Federal Reserve Chair Jerome Powell's reassurance lifted investors' spirits amid anticipation for Wednesday's key consumer inflation report. U.S. producer prices surged in April, surpassing expectations and causing traders to reduce their expectations of an initial rate cut in September.
π΄ The volatility index - India VIX declines by 1.97% to the levels of 20.20 indicating increased volatility in the market.
3οΈβ£Things That Will Decide The Market Today π
π΄ GIFT NIFTY opened 48 points lower at 22,084 signalling that the Indian stock market is headed for a negative start today.
π΄ U.S. stocks made slight gains on Friday, and all three indexes recorded another weekly advance. Investors carefully considered remarks from Federal Reserve officials and anticipated key inflation data next week.
π΄ The volatility index - India VIX increased by 1.50% to the levels of 18.47 indicating higher volatility in the market.
