Sunday , November 24 2024

Global cues positive, Asian markets trading higher, GIFT NIFTY also strong


Global cues are looking positive. While Asian markets are trading. GIFT NIFTY is also seeing strong trading. US markets made profits. Meanwhile, the Dow closed with gains for the fifth consecutive day in the US, although the Nasdaq fell 1% due to profit booking in AI-linked stocks. Nvidia fell 6.68% for the third consecutive day. Buying environment was seen in US markets except Nvidia. Smallcap index Russell2K saw a strong rise.

Crude crosses $ 86, gold also rises

Crude may increase market concerns. Brent crossed $86 due to Israel-Lebanon tension. Gold is also showing strength.

US market

Today, mixed trading is being seen in the Asian market. GIFT Nifty is trading with a gain of 11.50 points. At the same time, Nikkei is seen around 39,001.39 with a gain of 0.50 percent. At the same time, Straits Times is seeing a gain of 0.14 percent. Taiwanese markets are trading 0.30 percent down at 22,744.89. While Hang Seng is seen at 18,121.76 with a gain of 0.52 percent. At the same time, KOSPI is trading at 2,777.16 with a gain of 0.45 percent. At the same time, Shanghai Composite is trading at 2,957.98, slipping 3.61 points or 0.12 percent.