🇺🇸 Markets on Wednesday
#DowJones -0.3%
#NASDAQ -0.6%
S&P500 -0.38%, snapped 7 session winning streak
Russell 2000 +0.08%
Trumps victory has been solid for markets
🕺 Dow +7% in November, on track for its biggest monthly gain of 202
Profit taking on Tech
Nvidia -1% ; Meta Platforms -0.8%
Result reactions
🙁 Dell & HP dropped more than 12% & 11%, after providing weak earnings guidance
🇺🇸 Economic Data – largely Inline!
a. Personal consumption expenditures price index, or PCE was +0.2% in October & 2.3% on an annualized basis
b. Revised data showing gross domestic product rose at a 2.8% rate in the 3rd quarter
c. October durable goods orders rose a smaller-than-expected 0.2%
d. Applications for unemployment benefits at 213,000 were a bit lower than last week’s upwardly revised 215,000 jobless claims
CME Group’s FedWatch 🤞 Odds of a 25 bps reduction from Fed moves to 66%
Other Asset Classes
🇺🇸 10 year yield slips to 4.24%
💲 Dollar Index cools to 106.1 😃
⛽️ Brent crude at $72.8/barrel
🪙 Gold at $2,636/ounce
💸 Bitcoin at 96480$
Asian Market Surprise 🙀 Bank of Korea cuts benchmark lending rate by 25 basis points
Shortened trading week in 🇺🇸 Thanksgiving holiday on Thursday and set to close early Friday
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24200 28NOV SERIES AT- 175 RECO LONGS GIVEN AT 125
Читать полностью…BTST CALL UPDATE : CLOSE POSITIONS IN NETWEB TECH AT 2820 SL HIT RECO LONGS GIVEN AT 2850
Читать полностью…Listing of NTPC GREEN ENERGY LIMITED Today : 27th November, 2024
Symbol: NTPCGREEN
Series: Equity “B Group”
BSE Code: 544289
ISIN: INE0ONG01011
Face Value: Rs 10/-
Issued Price: Rs 108/- per share
INTRADAY CALL UPDATE : BOOK FULL PROFITS IN BANKNIFTY FUT DEC AT 52955 TARGET HIT RECO LONGS GIVEN AT 52800
Читать полностью…BTST CALL UPDATE : BOOK PROFITS IN BHARAT DYNAMICS AT 1149 RECO LONGS GIVEN AT 1101
Читать полностью…NTPC GREEN ENERGY LIMITED Listed Price : 111.50 ISSUE PRICE : 108.00 :
LISTING PREMIUM OF 3.24%
News Headlines from Business News Agencies:
Business Standard
📝 Govt to boost ease of doing biz, lower compliance for fintech: DFS Secy
📝 JSW Steel, SAIL seek Mongolian coking coal imports amid high steel demand
📝 AVPL International to invest Rs 15 cr for drone manufacturing unit in Bihar
📝 Swiggy Instamart wins quick commerce race with 8-minute delivery: JPMorgan
📝 Uttar Pradesh government aims to sparkle in gems and jewellery sector
📝 Sebi introduces mark-to-market basis valuation for repo transactions by MFs
📝 London-Delhi can collab on best ways for a clean climate: British minister
📝 Realty most violative sector on problematic advertising in Apr-Sep: Report
📝 Andhra to review power deal linked to Adani Group amid US SEC charges
📝 Saudi Arabia signs $9 bn metals deals with firms including Vedanta, Zijin
📝 India's milk output up by 4% to 239.30 mn tonnes in 2023-24: Union Minister
📝 PSBs to launch new products in 3-4 months to ramp up credit growth
Economic Times
📝 TVS Industrial & Logistics Parks expands into eastern India with new facility in Siliguri
📝 EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
📝 Tower cos to spend Rs21,000 crore capex over FY25-26: CRISIL Ratings
📝 China warns 'no one will win a trade war' after Trump vows big tariffs
📝 NFO Update: DSP Mutual Fund launches business cycle fund
📝 AstraZeneca Pharma gets CSDCO nod to import anti-cancer drug Lynparza
📝 Number of 5G subscribers in India may triple to 970 mn by 2030: Report
📝 KEI Industries launches QIP, floor price fixed at Rs 3,880.54
📝 Adani Wilmar said to defer stake sale amid US bribery charges
📝 India plans insurance law changes for unified licence, hiking FDI limit, sources say
📝 Meesho launches GenAI-powered voice bot to provide 24x7 customer support
Mint
📝 Aviation min working to integrate air space, IMD data with Gati Shakti
📝 NTPC Green Energy launches JV with Maharashtra State Power ahead of market debut
📝 India will have more than 270 mn 5G subs by 2024-end, 970 mn by 2030: Ericsson
📝 India’s trade department partners gaming platform WinZO for a global powerup
📝 DBS Foundation Deploys SGD 88 Million to Widen Financial Inclusion Across Asia
📝 India’s GDP growth likely slowed to a six-quarter low in Q2: Mint poll
📝 Sharechat to ramp up investments in algorithms to improve user retention
📝 India signs final act of Riyadh Design Law Treaty, strengthens IP framework
📝 New credit card issue declined by 45 per cent YoY in October: Report
📝 NPCI lounge access policy for RuPay credit cards from Jan 1, 2025
📝 HMD shifts manufacturing hub from China to India, eyes global export boost