Market News 18/10/2024

Today’s Market News :

Indian benchmark indices Sensex and Nifty 50 are likely to see a negative start on October 18, tracking cues from GIFT Nifty trading around 24,739, Market extended the losses on the third consecutive session on October 17, with benchmark Nifty 50 closing a little below 24,750 amid selling across sectors barring Information Technology.

* Wall Street on track for 6th straight week of gains

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* Mixed close for US markets; Netflix rallies on earnings beat

* Asian markets trade with gains with Nikkei notching mild gains

* GIFT Nifty hints at triple-digit cut

* ECB cuts rates for the third time this year

* Dollar jumps to 11-week high on strong US retail sales data

* US 10-year yield jumps amid a drop in US jobless claims

* Oil sees mild rebound after 4-day fall; gold hits record high

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