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
European markets are also set to open slightly higher, with EUROSTOXX 50 futures up 0.3 per cent and the FTSE futures gaining 0.4 per cent
The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing the stock's valuation