Asian Markets Traded Higher, While Us Stock Futures Gained After A Us Federal Court Blocked Us President Donald Trump from IMPOing Sweeping Sweeping Tarifs UnderGeNcy Powers Ba.
On Wednsday, The Indian Stock Market Ended Lower, Extended Losses for the Second Consecuving Session.
The sensex dropped 239.31 points, or 0.29%, to close at 81,312.32, while the nifty 50 settled 73.75 points, or 0.30%, to lower at 24,752.45.
“Markets were extramely range-bound with a negative bias as weak european cues and domestic monthly f & o expiry on chiursday prompted investors to try trim their Holdings. Early may to be released today
Here are key global market cues for senses today:
Asian markets
Asian Markets Traded Higher on Chiursday after A Us Federal Court Blocked Us President Donald Trump’s Tarifs. Japan’s Nikkei 225 Rallied 1.18%, and the Topix Gained 0.79%. South Korea’s KOSPI Advanced 0.78% and the Kosdaq Rose 0.44%. Hong Kong Markets Futures Indicated a Flat-to-Lower Opening.
Gift nifty today
Gift nifty was trading Around 24,813 Level, A Premium of Nearly 50 Points from the Nifty Futures’ Previous Close, Indicating a Positive Start for the Indian Start for the Indian Stock Market Indices.
Wall Street
Us Stock Market Ended Lower on Wednsday as Investors Digested Minutes from the last federal reserve meeting. However, US stock futures jumped on Thursday.
Dow Jones Industrial Average Futures Gained 1.15%, While Futures Tied to the S & P 500 SURGED 1.44%, and Nasdaq 100 Futures Jumped 1.76%.
On Wednsday, The Dow Jones Industrial Average Declined 244.95 points, or 0.58%, to 42,098.70, while the s & p 500 dropped 32.99 points, or 0.56%, to 5,8888888888888888888888.55. The Nasdaq Composite Closed 98.23 points, or 0.51%, Lower at 19,100.94.
Nvidia share price ended 0.51% lower, but the chipmaker’s stock jumped 5% after the closing bell. Tesla Stock Price Dropped 1.65%, Cadence Design Systems Shares Ended Down 10.7%, and Synopsys Stock Plunged 9.64%.
Trump Tarifs Blocked
A US Trade Court Blocked President Donald Trump’s Tariffs from Going INTO EFFECT, RULING THAULING TALING TALING TALING TALING TARIN TRIPS The Manhattan-Based Court of International Trade Said The Us Constitution Gives Congress Exclusive Authority to Regulate Commerce With Other Countries that is not overriden by the presiden by the presiden by the presiden Powers to safeguard the US economy.
Us federal reserve meeting minutes
Us Federal Reserve Officials At Thei Last Meeting Acknowledgeed They Blad Face Staff Projections of Increased Risks of a Recession, According to Newly Released Minutes of the May 6-7 Session, Reuters Reported.
Nvidia Q1 results
Nvidia Reported Revenue for the First Quarter Ended April 27, 2025, of $ 44.1 Billion, Up 12% QOQ, and UP 69% Yoy. On an adjusted basis, nvidia earned 81 cents per share in Q1. EXCLUDING The Charges, Q1 Adjusted Earnings Per Share Have Been 96 Kents.
Nvidia Expects Revenue of $ 45 Billion, Plus or Minus 2%, In the Second Quarter which runs through July, compared with analysts’ average estimate of $ 45.90 billion, Acording to DATAPARDING to DATAPENG LSEG. It Forecast an $ 8 billion hit to Q2 Revenue from Us Curbs on its ai chips expenses to china.
Dollar
The us dollar ralied sharply after a court blocked president Donald Trump from IMPOSING HIS SO-Called Liberation Day Import Tariffs. The dollar index, which measures the us currency against Six Major Peers, Rose Above 100 for the first time in a week and was last at 100.40. The Greenback Gained 0.6% Against the Yen to 145.72 and 0.65% Against the Franc to 0.8326. The Euro Fell 0.5% to $ 1.1232, while sterling dropped 0.2% to $ 1.3432.
IIP Data
India’s Industrial Production Growth Slowed to 2.7% in April 2025 Due to Poor Performance of Manufacturing, Mining and Power Sector. The factory output, measured in terms of the index of Industrial Production (IIP), rose by 5.2% in April 2024. The National Statistics Office (NSO) also revised upwards Industrial Production Guro. 3.9% from the Earlier Estimate of 3% Released Last Month.
Gold Prisis
Gold pris Hit a more than one-wheek low as the dollar rallied and Risk Sentiment Improved. Spot Gold Price Fell 0.5% to $ 3,262.99 an Once, Its Lowest Since May 20. Us gold futures dropped 1.1% to $ 3,259.50.
Crude Oil Pries
Crude oil prices rose after a US court blocked Trump’s Tariffs from Taking Effect. Brent Crude Futures Rose 1.20% to $ 65.68 a Barrel, While Us West Texas Intermediate Crude Gained 1.29% to $ 62.64 a Barrel.
(With inputs from reuters)
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