Indian stock market: 8 key things that have changed for overnight for market gift, Trump-Zelensky meets to the price of crude oil
Indian stock market: The domestic stock market benchmark indices, Sensex and Nifty 50, are expected to open on a fixed note on Tuesday, after a subdued trend in the global markets, as investors are awaiting the outcome of US President Donald Trump’s meeting with European leaders to stop the Russia cury war. Asian markets traded mixed, while the US stock market has been changed overnight, with all three US benchmark index closing an apartment. The Indian stock market ended on Monday with excellent profits, reinforced by a confluence of domestic and global factors, including Prime Minister Narendra Modi’s announcement of GST reforms, S&P Global’s upgrading of the credit rating of India and optimism about a possible end to the Russia Akraine War. The Sensex scored 676.09 points, or 0.84%, to close at 81,273.75, while the Nifty scored 50 245.65 points, or 1.00%, higher at 24,876.95. “The rebound reflects renewed optimism, supported by policy tail winds and improving technical indicators. Traders are advised to stay focused on sectoral rotation, with car and consumption themes likely to remain in favor, while holding a stock-specific and risk-management approach,” says Ajit Mishra-SVP, Relearch, Relearch Broking Ltd. Tuesday, locate flat trading overnight on Wall Street. Japan’s Nikkei 225 dropped 0.4%, while the Topix index was flat. South Korea’s Kospi index has reduced 0.01% and the Kosdaq grand capitization fell 0.33%. Hong Kong’s Hang Seng Index -Termks indicates a stronger opening. Gift Nifty Today Gift Nifty traded about 24,988 level, a premium of almost 21 points from the Nifty Futures’ previous closure, indicating a generous positive start to the Indian stock market indices. The US stock market in Wall Street ended about flat in a meager trade on Monday, as investors were waiting for a series of corporate earnings reports from big retailers. The Dow Jones industrial average fell by 34.30 points, or 0.08%, to 44,911,82, while the S&P 500 alleviated 0.65 point, or 0.01%, to 6,449,15. The NASDAQ composition closed 6.80 points, or 0.03%, higher at 21,629.77. Intel share price fell 3.66%, Dayforce’s share price rose 26%, Sunrun shares increased by 11.35%and the first solar shares rose by 9.69%. Trump-Zelensky meets US President Donald Trump, Ukraine President Volodymyr Zelenskyy, and offered other top European leaders in the White House on Monday to discuss a road to end the Russia Carying war. Trump said he began arrangements for a face face to face between Russian President Vladimir Putin and Zelenskyy. Trump told Zelenskyy that the US will help guarantee the safety of Ukraine in any agreement to end Russia’s war there. India -Unemployment rate India’s unemployment rate for those 15 years and older in July reduced to 5.2% from 5.6% in June. The improvement was driven by rural areas, where the unemployment rate dropped to 4.4% in July from 4.9% a month earlier, while urban unemployment achieved to 7.2% from 7.1%, according to the latest periodic labor power survey (PLFS). Dollar the US dollar has held steady against its most important peers. The dollar index rose 0.31% to 98,122. The euro kept stable at $ 1.1667, up 0.06% higher, while sterling traded at $ 1.351, by 0.1% so far on the day. By the yen, the dollar was unchanged at 147.835 yen. Crude oil prices crude oil prices dropped to the hope of an end of the war in Ukraine, which could lead to an end to sanctions against Russian crude oil. Brent -Ru futures fell 0.18% to $ 66.48 a barrel, while the US Western Texas -Tussentage crude futures for the September delivery fell by 0.19% to $ 63.30 a barrel. Gold prices were traded gold prizes as investors focused on the Jackson Hole meeting of the federal reserve later this week. Spot Gold Price rose 0.1% to $ 3,334.91 per ounce, while US gold futures for December delivery added 0.1% to $ 3,379.40. (With input of Reuters) Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.