At 6:55 AM, GIFT Nifty futures were down 13.5 points, trading at 24,260, indicating a flat to negative start for the markets
Though US stocks have outperformed their counterparts for more than a decade, the valuation gap has widened this year thanks to resilient economic growth and strong corporate earnings
Expectations of lower corporate taxes and looser regulations under Republican Donald Trump helped the S&P 500 and Dow notch intraday record highs for the third straight session
Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services data for October
At 6:33 AM, GIFT Nifty Futures were trading 30 points higher at 25,251, suggesting a higher start for Indian markets.
At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a tentative start for the Indian markets.
At 6:30 AM, GIFT Nifty Futures were up 123 points at 25,207, indicating a gap-up opening for the Indian bourses.
At 6:34 AM, GIFT Nifty Futures were trading 25 points higher at 25,157, suggesting a flat to positive start for Indian markets.
At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.
At 6:32 AM, GIFT Nifty futures were trading about 38 points lower at 26,307 levels, indicating a negative opening compared to the last close of Nifty futures.
Stock Market News: The BSE Sensex soared 1,500 points today to hit a fresh record high of 84,694.5 intraday. The Nifty50, too, saw robust gains of 433 to it a new high of 25,849
Share market today: In the US, the S&P 500 and Dow Jones closed at record highs. The Dow Jones finished up 1.26 per cent and the S&P 500 closed 1.7 per cent higher
Microsoft gains after new share buyback plan, dividend hike
At 6:31 AM, GIFT Nifty futures surged 230 points, trading at 24,367, suggesting a strong start for Indian stocks.
Other key Asian markets also suffered heavy losses, with South Korea's Kospi, Hong Kong's Hang Seng, and Australia's ASX 200 all plunging between 3 per cent and 11 per cent.
The Nasdaq indexes tumbled more than 3% for the worst days since October 2022
Stock Market Highlights on Wednesday, July 10, 2024: In the broader markets, the BSE MidCap, and SmallCap indices declined nearly 2 per cent each intraday
Stock market Highlights today, June 19, 2024: The BSE Sensex hit an all-time high of 77,852 in the intraday trade, while the Nifty50 touched 23,664
The dollar gained ground against a basket of world currencies, while the euro saw its largest Friday-to-Friday drop against the dollar in two months
Over the last 12 to 18 months, investors have favored high-quality large-cap stocks that have seen earnings revisions, which in turn generated alpha for these stocks