Equity markets closed higher, with the Nifty briefly surpassing 25,000, fueled by optimism surrounding India-US trade negotiations. Technical analysis suggests continued upward momentum if the index sustains above 24,750-24,820, potentially reaching 25,160. While FIIs were net sellers, DIIs were significant buyers, and the rupee remained stable amid trade uncertainties.Read More

Indian markets showed positive momentum on Wednesday. Infosys will consider a share buyback. IDBI Bank seeks insolvency against ZEE. Tata Motors faced a cyber incident at Jaguar Land Rover. Vedanta’s acquisition plan for Jaiprakash Associates faces scrutiny. Eicher Motors announced GST benefits for customers. Rail Vikas Nigam secured a West Central Railway project.Read More

IT stocks surged following positive comments from Donald Trump regarding US-India trade negotiations, easing concerns about potential tariffs. Optimism surrounding a possible US Federal Reserve rate cut and Infosys’ share buyback further fueled the rally. Investors are anticipating more buybacks from other IT companies, contributing to the sector’s positive momentum.Read More

Asian equities displayed mixed performance following Wall Street’s rally, fueled by hopes of Federal Reserve rate cuts after a drop in producer prices. US futures saw slight gains as the S&P 500 reached a new record.Read More