Asian Markets Traded Higher, While The US Stock Market Rallied Overnight, with all three Major Us Stock Indexes Gaining Over a percent Each.
On Tuesday, The Indian Stock Market Ended With Modest Gains after Witnessing Profit Booking at Higher Levels.
The sensex gained 158.32 points, or 0.19%, to close at 82,055.11, while the nifty 50 settled 72.45 points, or 0.29%, higher at 25,044.35.
“The nifty’s failure to surpass the 25,200-resistance level indicates that bears are still active and not ready to give in. And Smallcap segments, Continues to Offer Trading Opportunities. Said Ajit Mishra – SVP, Research, Religare Broking Ltd.
Here are key global market cues for senses today:
Asian markets
Asian Markets Traded Higher on Wednsday, On Optimism Over a Ceasefire Between Israel and Iran. Japan’s Nikkei 225 Gained 0.12%, While The Topx Fell 0.21%. South Korea’s Kopi Rose 0.44%, and the Kosdaq was flat. Hong Kong’s Hang Seng Index Futures Indicated a Higher Opening.
Gift nifty today
Gift nifty was trading Around 25,160 Level, A Premium of Nearly 88 Points from the Nifty Futures’ Previous Close, Indicating a Positive Start for the Indian Start Market Market Indices.
Wall Street
Us stock market ended Higher on Tuesday as Sentiment Improved After A Fragile Trus Between israel and Iran.
The Dow Jones Industrial Average Rallied 507.24 points, or 1.19%, to 43,089.02, while the s & p 500 gained 67.01 points, or 1.11%, to 6,092.18. The Nasdaq Composite Closed 281.56 points, or 1.43%, Higher at 19,912.53.
Tesla Share Price Declined 2.4%, Nvidia Stock Price Gained 2.59%, While Advanced Micro Devices Shares Jumped 6.83%. Lockheed Martin Stock Price Dropped 2.6% and RTX Corp Shares Fell 2.7%. Coinbase Global and Microstrategy Shares Advanced 12.1% and 2.7%, respectively. Broadcom Stock Price Rose 3.9%, While Fedex Shares Plunged More Than 4% in Extended Trading.
Israel -ran ceasefire
Israel and Iran Agreed a Ceasefire, Ending 12 days of AISSTRIKES, After Us President Donald Trump Joined The Conflict, Destroying Key Iranian Nuclear Sits. The two nations signalled that the air war between them had ended, at least for now. Israeli Prime Minister Benjamin Netanyahu Declared a “Historic Victory” Against Iran Despite a Us Intelligence a Us Intelligence report concluding that aeserican strikes Months.
Jerome Powell Testimony
Higher Tariffs BEGIN RAISING Infection This Summer, A Period that will be key to federal reserve consideration of posesible rate cuts, Fed Chair Jerome Powell Told Members of CONGRESS. Powell said he and many at the fed expect inflation to start rising songs, and that central bank was in no rush to ease to ease borrowing costs in the meantime.
Us consumer confidence
Us consumer confidence unexpectedly deteriorated in June. The conference board said its consumer confidence index Dropped 5.4 points to 93.0 this month, erasing Nearly Half of the Sharp Gain in May. Economists Pollled By Reuters Had Forecast the Index Increasing to 100.0.
Crude Oil Pries
Crude Oil Pries Rose as Investors Assessed The Stability of a Ceasefire Between Iran and Israel. Brent Crude Futures Gained 1.09% to $ 67.87 a Barrel, While Us West Texas Intermediate (WTI) Crude Pries Rose 1.23% to $ 65.16.
Gold Prisis
Gold prics help their ground as a tentative ceasefire between ran and israel damned safe-han demand. Spot Gold Price was unchanged at $ 3,326.39 per oounce, after hitting an over two-wheek low on time. Us Gold Futures Rose 0.2% to $ 3,340.
Us dollar
The Dollar Struggled to Regain Lost Ground on Wednsday Amid Optimism Over a Fragile Trus Between Israel and Iran. Against a Basket of Currencies, The Dollar Eased Slightly to 97.91. Japanese Yen Steadied at 144.96 per dollar, The Euro Remained Perched Near Its Highest Since October 2021 at $ 1.1621, and Sterling Eased 0.02% to $ 1.3615.
Us Treasury yields
Us treasury yields declined, with the two-year and 10-Year notes Hitting Seven-Veeek Lows. The two-yar us treasury yield fell to a 1-1/2-month low of 3.7870%. The Benchmark 10-Year Yield Was Little Changed at 4.3043%.
(With inputs from reuters)
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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