Stock Market Updates

2025 Dawns: A Fresh Chapter Begins Daily Morning Commentary Global Wrap 2024 was a massive year for global equity gains driven by a trifecta of the AI explosion, a slew of Fed interest rate cuts and a robust U.S. economy. The S&P 500 logged another year of double-digit gains of over 24% last year, logging its best two-year performance since 1998. Looking ahead to 2025, financial markets are no...

Morning Market Comments U.S. stocks ended sharply lower on Monday as some traders took profits before the end of the year, Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week in the second-to-last trading session of an eventful year in which all three indexes posted strong double-digit gains. Global shares retreated Monday in thin trading as th...

Morning Market Comments U.S. stocks ended lower on Friday amid concerns around Donald Trump’s potential trade policy and the interest rate expectations next year. A selloff in the world’s largest technology companies hit stocks in the final stretch of a stellar year. A gauge of the “Magnificent Seven” sank 2%, led by losses in Tesla Inc. and Nvidia Corp. India's current account deficit remained fl...

Morning Market Comments U.S. stocks ended mixed Thursday, after the "Santa Claus rally" period kicked off on Tuesday. Stocks wavered in a quiet post-holiday session as mixed jobless claims data did little to alter bets on the Federal Reserve outlook. Recurring applications for US unemployment benefits rose to the highest in more than three years, adding to signs that it is taking longer for out-of...

Morning Market Comments U.S. stocks finished higher on Tuesday to kick off the so-called Santa Claus rally period in a holiday-shortened session for Christmas Eve. Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session. U.S. Treasury interest rates remained elevated - the benchmark 10-year note yie...

U.S. stocks ended higher on Monday, with tech stocks leading the gains, boosting investors' hopes for a year-end "Santa Claus rally." A rally in some of the world’s largest technology companies prompted a rebound in stocks, following a brief slide fueled by weaker-than-expected data on US consumer confidence. Oberoi Realty inks development pact for 81-acre land parcel in Alibaug near Mumbai HG Inf...

Immediate support lies around 23,500, where significant put writing has been observed. A close below this level could trigger further unwinding or short build-up, potentially dragging the Nifty toward the 23,200–23,300 range. Overall, the Nifty remains in a consolidation range between 23,200 and 24,000, with a breakout on either side likely to determine the next clear trend.

Morning Market Comments U.S. stocks finished lower on Tuesday, with the Dow Jones Industrial Average posting its longest losing streak since February 1978 (falling nine straight days), as investors digested the strong retail-sales data and awaited the Federal Reserve's policy decision, due out on Wednesday afternoon. ITC Ltd has fixed January 1, 2025 as the effective date for demerger of its hotel...

Morning Market Comments US stocks broadly ended Monday’s session higher with tech stocks leading the gains as traders geared up for interest-rate decisions by major central banks across the globe due later this week including the Federal Reserve's policy meeting that concludes on Wednesday. India's merchandise trade deficit widened to a record-high of $37.84 billion in November from $27.14 billion...

Morning Market Comments U.S. stocks closed mixed Friday, For the week, the Dow posted a 1.8% decline, while the S&P 500 slid about 0.6% and ended a three-week winning streak. This year’s frontrunners, big technology stocks, set a record while Treasuries sank as investors braced for a slowdown in the pace of the Federal Reserve’s interest-rate cuts ahead of a meeting next week. The Federal Rese...

Morning Market Comments US stocks fell Thursday, weighed down by a hotter-than-expected U.S. inflation report, as tech shares failed to keep the momentum seen earlier in the week. Wall Street held off on big bets ahead of the Federal Reserve’s policy meeting next week. The European Central Bank trimmed borrowing costs by 25 basis points as expected and indicated it may deliver further cuts in its...

U.S. stocks finished mostly higher on Wednesday, following the release of as-expected CPI inflation data for November. Investors’ enthusiasm for US technology giants sent stocks higher Wednesday. Natural-gas futures posted a sharp climb on Wednesday after forecasts for another "cold blast" on the East Coast. Gold prices rallied Wednesday after U.S. inflation data met market expectations, gaining f...

U.S. stocks finished lower on Tuesday driven by a drop in AI leader Nvidia as the year-end rally took a pause ahead of the November consumer-price index report due Wednesday. U.S. and global benchmark oil futures on Tuesday finished modestly higher, with the recent fall of the Assad regime in Syria raising risks surrounding Middle East supplies and a pledge by China’s politburo to implement more f...

U.S. stocks finished lower on Monday, as investors await consumer-price index data to be released on Wednesday — which may be the last wild card that could upset expectations for a Federal Reserve interest-rate cut in December. US stocks retreated after a rally that put the market on pace for its best year since 2019, with traders awaiting key inflation data that will help shape the outlook for Fe...

Indian Market Summary Indian stocks had their strongest weekly performance since June, primarily driven by financial stocks after the central bank reduced the cash reserve ratio (CRR) requirements for banks, effectively loosening monetary conditions. The uptrend was driven by positive momentum in global markets and an RBI policy announcement that aligned with market expectations. The RBI conveyed...

Morning Market Comments by HDFC Sec Research U.S. stocks closed lower on Thursday, pausing a record-breaking rally in advance of Friday's monthly jobs report. The November jobs report could help inform the Federal Reserve's next steps on interest rates. Fed officials also say they don't want to see further weakness in the labor market. Stocks lost steam near all-time highs, with Wall Street trader...

Morning Market Comments HDFC Sec Research US stocks finished at fresh milestones on Wednesday, with investors unfazed by the Federal Reserve's more cautious approach on cutting rates and U.S. service-sector data that came in below expectations for November. Federal Reserve Chair Jerome Powell on Wednesday afternoon reiterated that policymakers can afford to be more "cautious" in their approach to...

Morning Market Comments - HDFC Sec Research Major U.S. equities benchmarks closed mostly higher Tuesday, with the technology-heavy Nasdaq Composite booking a record high while Big Tech stocks helped buoy the S&P 500. Big Tech stocks were among the strongest performers. Salesforce Inc.’s latest revenue performance could serve as the latest signal of spending health within the software sector. O...

Morning Comments (HDFCSec Retail Research) U.S. stocks closed mostly higher on Monday, with the S&P 500 and Nasdaq hitting record highs, driven by tech stocks. Investors awaited key economic data, including the jobs report on Friday, and considered comments from Fed Governor Christopher Waller about potential rate cuts in December. U.S. manufacturing data showed moderate contraction in Novembe...

Morning comments (HDFCSec Retail Research) Indian markets are expected to open mildly higher, following positive moves in Asian and US markets. The Dow and S&P 500 reached record highs, buoyed by strong technology stocks and retail sector activity. US President Trump’s tariff threats against BRICS nations added some geopolitical tension. India's GDP grew at just 5.4% for Q2 FY2024, below expec...

*Morning comments (HDFCSec Retail Research)* *Indian markets are set to open flat to mildly higher on lack of decisive global cues.* U.S. markets were closed Thursday, November 28, in observance of Thanksgiving. Stocks in the Asia-Pacific region plunged in early trade on Friday as geopolitical tensions worsened with Russia's warning to strike Kyiv with new ballistic missiles, following its attack...

US Stocks Hit Record High on Israel Cease-Fire Deal US equity markets surged to all-time highs as investors looked past Donald Trump’s tariff plan, with geopolitical risks abating after Israel and Hezbollah reached a cease-fire agreement. Wall Street posted its seventh straight winning session and new all-time highs despite tariff worries, with the S&P 500 notching its 52nd record this year lifted...

The Dow Jones Industrial Average logged a record close on Monday, as U.S. Treasury bonds saw their biggest rally in nearly four months after President-elect Donald Trump selected Scott Bessent as his nominee for Treasury secretary. U.S. President-elect Donald Trump said on Monday that on his first day in office he will impose a 25% tariff on all products from Mexico and Canada, and an additional 1...

short-term trend of Nifty seems to have reversed upwards U.S. stocks finished Friday higher, with all three major benchmarks rebounding ahead of the Thanksgiving holiday. Investors took comfort from data pointing to robust economic activity in the world's biggest economy. Crude oil futures settled higher on Friday, with the U.S. crude benchmark up by more than 6% for the week as traders continued...

U.S. stocks closed higher Thursday, with the blue-chip Dow Jones Industrial Average leading the gains for the three major equity indexes. Optimism around year-end, especially around consumers fueling another crucial holiday-shopping season, helped lift stocks, as did strong earnings from AI-darling Nvidia Corp. Natural-gas futures rallied Thursday to trade 18% higher this week so far, and almost a...