Wednesday , November 27 2024

Good signs for the market, slight rise in Gifty Nifty, FIIs are buying in cash for the second day.

60-day ceasefire agreement between Israel and Hezbollah, Joe Biden said, preparation for historic agreement between America and Saudi Arabia. US and Saudi Arabia on security and economic agreement. The Israeli cabinet approved the ceasefire proposal. Israel’s national security minister voted against the resolution. Netanyahu said that if Hezbollah takes up arms again, we will attack again.

S&P 500 targets for 2025

Deutsche Bank’s Bankim Chadha aims to reach ₹7,000. While BofA’s Savita Subramaniam expects it to reach 6,666.

Important points of Fed Minutes

The cut in interest rates will be slow in the coming days. The plan is to move towards a “neutral” policy. The inflation rate is targeted at 2%. There is a possibility of a 25 basis point cut in rates in December.

Asian market

Today mixed business is being seen in the Asian market. Gift Nifty is trading with a gain of 51 points. At the same time, Nikkei is seen around 38,165.85 with 0.72 percent weakness. Whereas Straits Times is seeing a decline of 0.12 percent. Taiwan markets are trading 0.34 percent lower at 22,602.49. At the same time, Hang Seng is seen 0.21 percent stronger at the level of 19,199.66. At the same time, Kospi is trading 0.09 percent down at 2,517.99. At the same time, Shanghai Composite is trading at 3,265.32 with an increase of 5.56 points or 0.17 percent.