Markets Expected to Open Lower Amid Mixed Global Cues
The Sensex and Nifty 50 are set for a negative start on Thursday, influenced by global market trends, US Fed policies, and geopolitical developments.
1. Asian Markets 📉
Asian markets traded lower as concerns over Trump’s tariff policies and US Fed’s cautious stance on interest rates impacted investor sentiment.
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- Nikkei 225: -0.79%
- Topix Index: -0.67%
- Kospi: -0.18%
- Kosdaq: +0.32%
- Hang Seng Index Futures: Indicating a slight rise
2. Gift Nifty 📊
- Gift Nifty was trading around 22,914, reflecting a 50-point discount from the previous Nifty futures close, signaling a weak opening for Indian markets.
3. Wall Street Performance 📈
- S&P 500 closed at an all-time high (+0.24%).
- Dow Jones: +71.25 points (+0.16%).
- Nasdaq Composite: +14.99 points (+0.07%).
- Tesla (+1.82%) & Microsoft (+1.25%) saw gains.
- Nikola fell 39.1% after filing for Chapter 11 bankruptcy.
4. US Fed Minutes & Interest Rate Outlook 🏦
Also Read: India’s Economic Growth Steady at 6-8% Amid Inflation Control: Ashwini Vaishnaw
- Fed officials held interest rates steady in January, awaiting further inflation progress before considering adjustments.
- Rate cut expectations pushed back, impacting market sentiment.
5. RBI Bulletin: Positive Growth Outlook 🇮🇳
- Rural demand recovery & tax relief expected to boost urban consumption.
- Growth forecast for Q1 2025: 6.6%.
- Repo rate cut by Monetary Policy Committee (MPC) expected to support demand.
6. China Lending Rates 🏦
- China left loan prime rates unchanged, with:
- One-year LPR at 3.10%
- Five-year LPR at 3.60%
- Market participants expected no changes, indicating a neutral impact on global markets.
7. US Housing Market Decline 🏡
- Single-family home construction fell 8.4% in January.
- Annual homebuilding rate now at 993,000 units, reflecting weaker demand.
8. Gold Prices Volatility 🏆
- Spot gold fell 0.2% to $2,928.49 per ounce after touching a record high of $2,946.85.
- US gold futures settled 0.4% lower at $2,936.10.
What to Expect for Indian Markets?
📌 Weak opening likely as Gift Nifty signals a decline.
📌 Market to remain range-bound, tracking global cues, Fed policies, and geopolitical risks.
📌 Stock-specific action expected in IT, banking, and metal sectors.
📢 Stay tuned for market updates and stock recommendations throughout the trading day!
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StockMarket, Sensex, Nifty, GiftNifty, USFed, ChinaEconomy, WallStreet, RBI, GoldPrices, IndianMarkets, TradingUpdates