Page 2 - Us Equities
Stock Market Close Highlights: Sensex sheds 721pts, Nifty holds 24,000; HDFC, ICICI Bank weigh
Markets Today Highlights:32 out of 50 constituent stocks of Nifty50 ended in the red, dragged by Wipro, HDFC Bank, Tech Mahindra, Adani Ports, and Cipla, with losses extending up to 2.83 per cent
 "Stock Market Close Highlights: Sensex sheds 721pts, Nifty holds 24,000; HDFC, ICICI Bank weigh")
Stock Market Rally: Bulls party on D-St; Sensex soars 1436 pts, Nifty nears 24,200; auto, IT shine
Markets Today Highlights: Bulls dominated Dalal Street as all constituent stocks of the Nifty50, barring Sun Pharma and Britannia, ended in the green, with gains extending up to 8.55 per cent
 "Stock Market Rally: Bulls party on D-St; Sensex soars 1436 pts, Nifty nears 24,200; auto, IT shine")
Stock Market Highlights: Sensex ends at 78,139, signs-off 2024 with 8% gain; Nifty holds 23,600
Markets Today Highlights: On the last trading day of the year, Sensex ended 109 points lower amid weakness in IT and select banks. IT index slipped 1.5%, while India VIX rose over 3% on Tuesday.
 "Stock Market Highlights: Sensex ends at 78,139, signs-off 2024 with 8% gain; Nifty holds 23,600")
Year in review: Energy woes to AI boom, top global economic trends of 2024
From continuing energy market volatility driven by geopolitical tensions to the AI boom transforming industries, economic trends have been anything but predictable
 "Year in review: Energy woes to AI boom, top global economic trends of 2024")
Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood
There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities
 "Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood")
Nvidia's Q1 result preview: Know street expectation, stock strategy here
Analysts are eyeing impressive figures, with the street anticipating earnings of $13.2 billion, translating to $5.62 per share, alongside projected revenue of $24.6 billion in the quarter
 "Nvidia's Q1 result preview: Know street expectation, stock strategy here")
EMs do well during coordinated global recoveries: Savita Subramanian
The US corporate sector has several advantages that have allowed companies to outperform many other global regions, Savita Subramanian, Head of US Equity & Quantitative Strategy, BofA Securities, said
 "EMs do well during coordinated global recoveries: Savita Subramanian")
Maintain exposure to US funds in face of recent underperformance
Your portfolio will benefit from geographical diversification; long-term returns of these funds are good
 "Maintain exposure to US funds in face of recent underperformance")
US equity futures falter, a rare December negative for S&P500
As bellwether stocks, Nike and Fedex promise healthy estimates; Micron dampens holiday spirit
 "US equity futures falter, a rare December negative for S&P500")
Indian markets are likely to underperform peers in the short-run: Analysts
Among the lot, US equities still have a lot of room to catch up as the US Federal Reserve (US Fed) slows its pace of rate hikes, analysts say
 "Indian markets are likely to underperform peers in the short-run: Analysts")
Best of BS Opinion: Reservations about EWS, an extraordinary decade & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Reservations about EWS, an extraordinary decade & more")
An extraordinary decade for markets
The long-awaited pivot away from US equities may finally be at hand, and India may benefit from this shift
 "An extraordinary decade for markets")
Sensex ahead of Dow Jones by a wide margin amid rising bond yields
The Indian equity market is, however, a global outlier and remains firmly in the bull phase - both in local currency and in constant currency terms
Startups increasingly raising venture debt as investors fear funding winter
Most investors are more cautious in deploying capital towards growth businesses, especially in late-stage startup investments, which are key drivers in a funding cycle
 "Startups increasingly raising venture debt as investors fear funding winter")
Nasdaq sinks into 'Death Cross' for first time since April 2020
The formation occurred in June 2000 when the dot-com bubble burst and again in January 2008 ahead of the global financial crisis
 "Nasdaq sinks into 'Death Cross' for first time since April 2020")
Gold heads for weekly gain as US stocks slide
Gold headed for a weekly advance as US equities fell after Meta suffered a historic share-price rout, while investors awaited a key jobs report for more clues on the US Fed's monetary policy path.
 "Gold heads for weekly gain as US stocks slide")
Dollar, yen soft in thin trading after US equities hit record highs
The dollar and yen were at the low end of their recent ranges in thin holiday trading
 "Dollar, yen soft in thin trading after US equities hit record highs")
Morgan Stanley to Citigroup turn sour on US equity outlook
Morgan Stanley slashed US equities to underweight and global stocks to equal-weight on Tuesday, citing "outsized risk" to growth through October.
 "Morgan Stanley to Citigroup turn sour on US equity outlook")
Direct investors in foreign equities should make a cautious start
When investing directly, go with exchange traded funds and curated portfolios initially and graduate to individual stocks once you have found your footing
 "Direct investors in foreign equities should make a cautious start")
Investors should rebalance exposure to US-focused funds; don't exit
Profits booked in these funds should be deployed in a diversified EM fund
 "Investors should rebalance exposure to US-focused funds; don't exit")
