Spurs show fight as United's struggles deepen at Old Trafford
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BAGANBAZAR GRAPHSource-attributed newsWORLD deskWorld
Stocks to Watch Today: HCLTech, DMart, Adani Green Energy, PTC Industries
Indian equity markets showed a significant recovery driven by bargain buying and favorable global cues. The Nifty 50 and Sensex both closed higher, indicating improved investor sentiment. Notable companies reporting earnings include Canara Robeco Asset Management and Avenue Supermarts, among others. Banking stocks are expected to draw attention due to changes in cash reserve ratio requirements by the Reserve Bank of India.
Original sourceEconomic Times↗
BAGANBAZAR GRAPHSource-attributed newsWORLD deskWorld
Pre-market action: Here's the trade setup for today's session
On Friday, markets experienced a moment of reprieve as the Nifty index surged by 1.3%, buoyed by support from the IT sector. However, analysts anticipate that Indian stocks will tread carefully due to prevailing global economic uncertainties. Despite a decrease in the India VIX, suggesting lesser market anxiety, the actions of foreign and domestic investors were mixed. The rupee strengthened against the US dollar, aided by decreasing crude oil prices.
Original sourceEconomic Times↗
BAGANBAZAR GRAPHSource-attributed newsWORLD deskWorld
Once-hot AI trade leaves Korean stocks struggling for buyers
South Korea's stock market is facing a significant downturn after a dominant run in the global AI sector, as the Kospi has dropped 22% since its peak, marking it as the worst performer in the second half of the year. A startling 70% decline in turnover has prompted withdrawals from both foreign and local investors.
Original sourceEconomic Times↗