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[hfe_template id='11223'] [ad_1] Wall Street's main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan Surveys of Consumers said its Consumer Sentiment Index slumped further in May while one-year inflation expectations surged to 7.3% from 6.5% last month. All three main indexes boasted weekly gains after starting out with a steep rally on Monday - after Washington and Beijing agreed to a 90-day pause in their escalating trade war. This was days after the U.S. President and British Prime Minister announced a limited bilateral trade agreement. Lindsey Bell, chief market strategist at Clearnomics, New York, said Friday's advance was a "carry on from the de-escalation in the trade conflict."...

[hfe_template id='11223'] [ad_1] Indian equities made solid gains on Monday, with the Nifty soaring by a record 917 points to close at 24,925 – a seven month high. Looking ahead, market participants will closely track the release of key inflation data—India’s CPI and the US Core CPI, both scheduled for Tuesday. Additionally, investors will watch quarterly results from major companies including Bharti Airtel, Tata Motors, among others which could drive sector-specific momentum. Analysts say positive momentum in Indian markets is likely to continue, driven by easing geopolitical tensions, progress on trade deals, and improving signs of economic stability. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 160 points, or 0.64 per cent, at 24,915, signaling that Dalal Street was headed for negative start on Tuesday. Live Events Tech View: Nifty continues to sustain above a crucial moving average. Going forwar...

[hfe_template id='11223'] [ad_1] Wall Street's main indexes seesawed on Friday, as investors parsed President Donald Trump's latest comments on U.S.-China tariffs ahead of a weekend of trade talks between the two superpowers. Trump said Beijing should open its market to the United States and that 80% tariffs on Chinese goods "seems right." The levies are currently at 145%. Representatives from U.S. and China are scheduled to meet in Switzerland over the weekend to discuss tariffs, with investors hoping the talks will salve a bruising trade war that has raised concerns over global economic growth and left markets, companies and the Federal Reserve in wait-and-watch mode. "The tariff, whether it's 140% or 80%, the number sounds like a difference, but if there's still a tariff of 80%, most people are not going to buy stuff," said Michael Matousek, head trader at U.S. Global Investors. Investors are likely de-risking their portfolios ahead...

[hfe_template id='11223'] [ad_1] Domestic markets extended their consolidation for the second consecutive session on Wednesday with Nifty closing flat at 24,334. Analysts expect the market to trade in a range-bound manner with stock/sector specific action, driven by Q4 earnings announcements. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 35 points, or 0.14 per cent, at 24,429.50, signaling that Dalal Street was headed for positive start on Friday. Tech View: On the downside, immediate intraday support lies at 24,200, followed by a strong support zone between 24000 and 23800. This region aligns with the 200-day SMA and the previous monthly swing high breakout level. On the upside, 24550, which marks the 61.8% retracement of the recent decline from the all-time high, acts as a key resistance. A decisive move above this level could trigger a fresh uptrend toward the December swing high near 24800. Indi...

[hfe_template id='11223'] [ad_1] U.S. stocks advanced on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft and Meta eased concerns about artificial intelligence spending. Microsoft surged 7.6% and closed at its highest level since late January, driven by an upbeat quarterly growth forecast for its cloud-computing business Azure. The gains briefly pushed Microsoft above Apple to become the world's most valuable company. Meta Platforms gained 4.2% and closed at its highest since April 9 after posting higher-than-expected revenue on the back of a strong advertising performance. The results helped allay fears the massive spending on AI in recent years would not be rewarded, and eased concerns that President Donald Trump's tariffs could dent economic growth. "It's nice that the day is being carried by earnings rather than just talking about tariffs for a second, so it's a ...

[hfe_template id='11223'] [ad_1] U.S. stocks closed higher on Thursday, rallying for a third straight day with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes posted sharp gains, with the "magnificent seven" group of artificial intelligence-related megacaps, boosted by AI-powered software firm ServiceNow's better-than-expected quarterly results, giving the Nasdaq the edge. Beijing called for cancellation of U.S. tariffs on Chinese goods, following comments from U.S. Treasury Secretary Scott Bessent signaling the White House could be willing to de-escalate trade tensions that have whipsawed markets for weeks. Easing tariff rhetoric is "part of the reason why you're seeing the chips lead because they've been kind of in the bull's eye in (the trade dispute) between China and the U.S.," said ...

[hfe_template id='11223'] [ad_1] Benchmark indices Sensex and Nifty jumped more than 2% on Tuesday due to positive global market cues after US President Trump announced a temporary tariff relief on phones, computers and popular consumer electronics. Focus will be on the key Q4 earnings including Wipro. Analysts expect positive momentum to continue in the market, on hopes of global trade settlements and softening in US reciprocal tariffs. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 101.50 points, or 0.43 per cent, at 23,283, signaling that Dalal Street was headed for negative start on Wednesday. Tech View: Support is placed at 23,300; a decisive break below this level could trigger a correction towards 23,000. Resistance is placed at 23,370 and 23,650. India VIX: India VIX, which is a measure of the fear in the markets, fell nearly 20% to settle at 16.12 levels. US stocks end lower US stocks ended s...

[hfe_template id='11223'] [ad_1] After a week-long consolidation phase, Indian equity markets saw a sharp downturn, with benchmark indices slipping over 2.5%, dragged primarily by weak global cues and renewed concerns over a trade war. This week is packed with key domestic and global triggers. With tariff-related tensions escalating, global investors will closely track any further developments on that front. Back home, the MPC meeting outcome on April 9 will be a major focus, followed by key macroeconomic indicators—IIP and CPI data—due on April 11. Adding to the action, the Q4 earnings season kicks off with IT giant TCS set to announce its results on April 10. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a gap-down start GIFT Nifty on the NSE IX traded lower by 830.50 points, or 3.62 per cent, at 22,130.50, signaling that Dalal Street was headed for gap-down start on Monday. Tech View: Sentiment remains weak, and a further decline from the current level ...

[hfe_template id='11223'] [ad_1] Wall Street fell sharply for a second straight session on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, escalating a global trade war and concerns of a recession. At 12.53 pm, the Dow Jones dropped 1,607.09 points or 3.96% to 38,938.84, the S&P 500 declined 258.10 points or 4.78% to 5,138.49, and the Nasdaq fell 817.82 points or 4.94% to 15,732.78. China's finance ministry said on Friday it would impose additional tariffs of 34% on all U.S. goods from April 10 after U.S. President Donald Trump raised tariff barriers to their highest level in more than a century this week. The tariff war has sent shockwaves through global financial markets and raised fears of an economic downturn, with investment bank JP Morgan forecasting a 60% chance of the global economy entering a recession by year-end, up from 40% previously. ...

[hfe_template id='11223'] [ad_1] Indian markets managed to close in the green for the seventh consecutive trading session on Tuesday, which suggests there is continued buying interest in domestic equities. Analysts expect the market to continue with a gradual up-move on the back of FII inflows, strong INR and positive cues from the US market. STATE OF THE MARKETS Tech View: Immediate support is placed at 23,600, and a decisive drop below this level could drive the index toward 23,300. On the upside, resistance is at 23,800, and a breakout above this level may resume the rally. India VIX: India VIX, which is a measure of the fear in the markets, rose 0.7% to settle at 13.79 levels. Stocks in F&O ban today 1) Manappuram 2) Hindustan Copper Live Events 3) Polycab4) IndusInd Bank5) SAIL Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit. FII/DII action Foreign portfolio invest...

[hfe_template id='11223'] [ad_1] Wall Street's main stock indexes pared declines on Friday, after U.S. President Donald Trump said that there would be flexibility on tariffs, ahead of the reciprocal duties he is likely to impose early next month. At 12:20 p.m. ET, the Dow Jones Industrial Average fell 98.53 points, or 0.23%, to 41,854.79, the S&P 500 lost 17.60 points, or 0.31%, to 5,645.29 and the Nasdaq Composite lost 16.09 points, or 0.09%, to 17,675.54. Lingering fears of a prolonged global trade war, threatening to unravel economic stability and squeeze corporate profits, have cast a shadow over markets. Markets now await President Donald Trump's plans on reciprocal and sectoral tariffs that are expected to take effect in early April. "We really don't know what the wild card is coming out of Washington, and this goes for the Fed as well," said Michael Matousek, head trader at U.S. Global Investors Inc. Live Events Friday's session also ...

[hfe_template id='11223'] [ad_1] Continuing uncertainties surrounding global trade and the fear of a U.S. recession may continue to influence the domestic market's momentum. However, analysts said moderation in valuations following recent corrections, along with supportive factors such as falling crude oil prices, an easing Dollar Index, and expectations of a rebound in domestic earnings in the coming quarters, may limit the volatility. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 148.50 points, or 0.66 per cent, at 22,567, signaling that Dalal Street was headed for positive start on Monday. Tech View: The RSI is also trading below its 14-day SMA at 38, indicating weak momentum. Immediate support is at 22,300, and a breach below this level could trigger further selling towards 22,000. On the upside, 22,630 is a crucial resistance level, and a breakout above it may lead to an upmove toward 22,8...

[hfe_template id='11223'] [ad_1] U.S. stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which U.S. President Donald Trump's escalating trade war fueled recession fears and doused risk appetite. A broad rally boosted all three major U.S. stock indexes to solid gains, with recently battered tech-related megacaps enjoying a comeback. Every one of the so-called Magnificent 7 artificial intelligence-related momentum stocks advanced, although six of them remain down on the year. The S&P 500 and Nasdaq logged their biggest one-day percentage gains since November 6, the day after the U.S. presidential election. Chips were outperformers, rising 3.3%, while the FANG group of tech-adjacent momentum stocks advanced 3.2%. "I don't see a catalyst that would spark this huge upside we're seeing in markets," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. Live Events "We'...

[hfe_template id='11223'] [ad_1] Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their faith. The so-called retail investors poured $7.3 billion into equities in the week through Wednesday, when they boosted exposure to perennial favorites like Tesla Inc., according to Emma Wu, a global quantitative and derivatives strategist at JPMorgan Chase & Co. They weren’t riding the usual momentum upward. In fact, the S&P 500 Index slipped over 4% and big tech stocks gave up even more. But, unbowed, they also put billions into leveraged exchanged traded funds that magnify the returns on indexes like the Nasdaq 100 or popular funds like the ARK Innovation ETF (ticker ARKK) run by Cathie Wood. Bloomberg The push reflects confidence that’s built up since the Global Financial Crisis as US equities — with a few exceptions — tended to rise year after year....

[hfe_template id='11223'] [ad_1] After three consecutive weeks of losses, markets made a strong comeback, closing the last week with gains of nearly 2%. The recovery was driven by favourable global and domestic cues, instilling confidence among investors. The current trading week will be a holiday-shortened one, with market participants closely monitoring global developments in the absence of major domestic events. Key factors to watch include fresh updates on tariff negotiations, geopolitical tensions, and their impact on the movement of the US dollar and crude oil prices. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 25 points, or 0.11 per cent, at 22,603, signaling that Dalal Street was headed for muted start on Monday. Tech View: "The sentiment remains positive, with the potential to reach higher levels in the short term. On the higher end, immediate resistance is seen at 22,700–22,750. On the...

[hfe_template id='11223'] [ad_1] Indian equities closed in the red for the tenth consecutive trading session as the market was impacted by weak global sentiments. The US officially implemented a 25% tariff on imports from Canada and Mexico, while Chinese goods face a cumulative 20% duty following an additional 10% levy imposed by President Trump. Given weak global cues and lack of domestic triggers, analysts said Indian equities are expected to remain largely subdued, though a continued buying interest in the broader market could provide some support to the market. flat on Monday as concerns over continued FII selling, the imposition of tariffs by the US, ongoing geopolitical tensions between Russia and Ukraine continue to impact domestic market sentiments. Analysts expect the market to remain flat to negative on account of mixed global cues and lack of domestic triggers. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX t...

[hfe_template id='11223'] [ad_1] Wall Street's main indexes were mixed in choppy trading on Friday as investors avoided large bets after data showed consumer spending fell in January, exacerbating worries that the world's largest economy might be stalling. A Commerce Department report showed that inflation rose in line with expectations in the previous month. However, consumer spending, which accounts for more than two-thirds of the economy, dropped 0.2% after an upwardly revised 0.8% increase in December. "Spending came in lower than we were looking for... most of it I would attribute to a cooling economy, which presents a dilemma for the Fed in the sense that you still have inflation and you have an economy that is moving lower. If you add them together, that equals stagflation," Peter Cardillo, chief market economist at Spartan Capital Securities. Friday's report is important for investors trying to gauge the central bank's next policy move, ...

[hfe_template id='11223'] [ad_1] Veteran investor and renowned commodity guru Jim Rogers has made a bold move amidst global uncertainty – he’s sold all his US stocks and is betting on the US dollar as a safe haven. In an interview with ETNow, Rogers shared his thoughts on market volatility, political unpredictability, and his strategic investment decisions. Navigating Uncertainty in the Trump Era Rogers didn't hold back when discussing the challenges of predicting market trends under President Donald Trump's leadership. “Well, if you know what Mr. Trump is trying to do, you are way ahead of everybody else. Mr. Trump does not know what he is trying to do. He changes every day,” Rogers remarked, highlighting the unpredictability that influenced his investment decisions. He further elaborated, “My problem with Mr. Trump is that he changes his mind whenever he sees something on television. So, with some people like Margaret Thatcher or Nehru or some people in the pas...

[hfe_template id='11223'] [ad_1] The animal spirits that sent the US stock market flying over the past two years are going global - a trend that some market pros say may be just getting started. After soaring more than 50% combined in 2023 and 2024, the S&P 500 Index has largely flatlined since US President Donald Trump's inauguration. The hot trade is now moving overseas, with investors piling into European and Asian stocks, ignoring the threats of tariffs, trade wars and violent military conflicts. Since just before Trump took office, the Stoxx Europe 600 Index is up 5.8%, while the Nasdaq Golden Dragon Index, which tracks US-listed companies that do business in China, has soared 18%. In contrast, the S&P 500 gained a mere 0.3% in the period - with the underperformance intensified by Friday's one-day 1.7% swoon. "Because sentiment and positioning in US equities was so extreme for so long, this reversal can now go a long way," said Brad Conger,...

[hfe_template id='11223'] [ad_1] U.S. stocks tumbled on Friday, extending their selloff in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand. All three major U.S. stock indexes moved decisively lower on the heels of the data, and continued their slide into afternoon trading. The S&P 500 suffered its largest single-day percentage drop since December 18, as did the small cap Russell 2000. For the week, all three indexes lost ground, with the Dow registering its steepest Friday-to-Friday plunge since mid-October. "I don't like all this red on a Friday," said Greg Bassuk, CEO at AXS Investments in New York. "We're seeing consumer sentiment, tariffs and corporate earnings having leap-frogged AI and technology as the primary drivers of market direction." Economic data showed U.S. business activity decelerating and consumer sentiment deter...