Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq surges 1%, US stocks eye strongest quarter in years led by AI rally
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Indian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 points and Nifty fell over 80, while analysts expect recovery if the index holds above the crucial 23,800 support level.
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US stock markets are showing remarkable strength, with major indexes poised for their best quarterly gains in years despite global uncertainties. Investors remain optimistic about a continued bull run, with a recent dip in tech stocks potentially reversing as earnings season approaches.
Nifty ended 80 points lower on monthly expiry, forming a bearish candle, but analysts maintained a positive outlook above the 21-DMA. They recommended ITC Hotels, Aptus Value Housing, Ather Energy and Solar Industries, citing bullish technical setups and breakout patterns.
Oppenheimer has downgraded major U.S. investment banks like Goldman Sachs and Morgan Stanley, citing limited upside despite a positive environment. The brokerage advises selling these large-cap banks and instead investing in alternative asset managers, whose shares have seen a significant sell-off. Oppenheimer believes investment banks are in the late stages of an expansionary cycle and…
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Wall Street’s main indexes opened flat on Tuesday, the final trading day of a quarter that saw equities post the biggest gains in years.
The European Securities and Markets Authority has granted essential recognition to India’s Clearing Corporation, putting an end to a prolonged dispute. This groundbreaking approval allows the Clearing Corporation of India Ltd (CCIL) to operate under the Reserve Bank of India’s regulations, an important advancement for European banks. By signing a memorandum of understanding, this resolution…
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