๐ Global & U.S. Markets
- The U.S. stock market has gained strongly over the past few years, with technology companies leading the rally.
- Futures are slightly higher today as investors look ahead to inflation data and oil price movements after OPEC+ raised production.
- Traders are expecting possible U.S. Federal Reserve rate cuts, though weak jobs data has raised concerns about economic slowdown.
๐ข Sector & Company Trends
- AI-linked stocks are showing some volatility after a long rally, leading to mixed performance in the tech space.
- Palantir shares dropped sharply, continuing a losing streak.
- Robinhood and AppLovin are in focus as both will soon join the S&P 500 index.
- Market attention is also on Appleโs new iPhone launch and Teslaโs robotaxi update.
๐ฎ๐ณ Indian Markets
- Indian stock indices traded mostly flat today, with profit booking seen in IT and consumer stocks.
- Auto sector shares gained after talks of tax reforms.
- The Nifty index is expected to stay in the range of 24,750โ25,000, so analysts suggest a stock-specific trading approach.
- Investor sentiment is improving thanks to GST rate cuts and positive geopolitical signals.
๐ช๐บ Europe
- Southern European markets such as Greece, Spain, Italy, and Portugal are performing better than many other European regions, supported by domestic growth and stronger banking sector valuations.