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3οΈβ£Things That Will Decide The Market Today π
π΄ GIFT NIFTY traded 51 points lower at 22,062 signalling that the Indian stock market is headed for a negative start today.
π΄ On Thursday, Wall Street's main indexes achieved consecutive record highs as the Federal Reserve's commitment to potential rate cuts reassured investors, while upbeat forecasts from Micron Technology boosted chip stocks. The Dow came within 1% of reaching 40,000 for the first time, marking a significant milestone. S&P 500 ended at 0.32% and Nasdaq at 0.20%
π΄ India VIX slid from higher values to the levels of 12.51 indicating a pause in the volatility in the market.
3οΈβ£Things That Will Decide The Market Today π
π΄ GIFT NIFTY traded 33 points higher at 22,076 signalling that the Indian stock market is headed for a positive start today.
π΄ Wall Street stocks rose after the Federal Reserve left borrowing costs steady, suggesting up to three rate cuts this year. S&P 500 ended at 0.89%, Nasdaq at 1.25% and Dow Jones at 1.03%. Despite describing inflation as "elevated," the Fed improved its economic growth outlook and reduced its unemployment rate forecast from December's projections.
π΄ India VIX surged to the levels of 13.47 indicating volatility in the market.
3οΈβ£Things That Will Decide The Market Today π
π΄ GIFT NIFTY traded 31 points higher at 22,893 signalling that the Indian stock market is headed for a positive start today.
π΄ The Wall Street indexes closed higher as Nvidia's chip announcement boosted investor confidence despite early losses. Dow Jones , Nasdaq and S&P ended at 0.83%, 0.39%, and 0.56% respectively. Investors await the Federal Reserve's policy meeting for interest rate clues.
π΄ India VIX surged to the levels of 14.11 indicating volatility in the market.
