The gift is showing an increase of about 90 points in the Nifty. However, Fiis had a strong selling in both cash and futures yesterday. Asia is also soft. Yesterday there was pressure in Dow Jones, but Nasdac had a jump of more than one and a half percent. This year Nasdaq and S&P 500 index became positive. Nasdaq closed in green mark for the 5th consecutive day. The boom of tech shares enthusiastically enthralled Nasdech.
Why Dow Jones fell?
The stock of United Health fell 18% yesterday. The market cap of $ 61 billion was cleared. United Health fired CEO from jobs. United Health has avoided guidance of 2025. Bofa said 38% of fund managers were expected to decline in the market. There was a possibility of a decline before the tariff.
Trump spoke at interest rates
The fed should cut interest rates. Europe, China has also cut interest rates. Rate cuts are necessary before delay.
Trump on Saudi tour
Saudi Arabia will invest $ 1 lakh crore in the US. An agreement with Saudi signed a $ 300 billion. The White House had earlier expected an investment of $ 600 billion. Saudi Arabia’s GDP is close to $ 1 million million. Saudi Arabia will take $ 142 billion weapons from the US.
Crude fire
Crude oil climbed 2.50% in a day. Brent’s price has crossed $ 67. Trump’s statement on Iran accelerated. Trump said that Iran could impose new restrictions. If there is no atomic deal, there will be a ban. The demand from the US-China deal is expected to increase. Crude also got support due to decrease in inflation in America.
Asian market
Meanwhile, mixed business is being seen in Asian markets today. The gift is showing a gain of 94.00 points. At the same time, Nikkei falls around 0.76 per cent to around 37,891.31. At the same time, the Straight Times is showing a weakness of 0.41 percent. The Taiwan market is trading at 1.52 per cent to 21,654.05. While Hangseng is seen with a gain of 1.32 per cent at the level of 23,414.84. At the same time, Kospi is trading with a gain of 1.04 percent. At the same time, Shanghai Composite declined by 0.15 per cent to 3,371.70.
Stock Market Live Updates: Gift Nifty Indication, Indian market can be strong
