Today’s Market News :
GLOBAL CUES
* Dow closes above 43,000 for the first time
* Tech shares lead Wall Street to yet another record high
* Nvidia closes at record as Al chipmaker’s market cap tops $3.4 trillion
* Nvidia up almost 180% for the year; soared more than nine-fold since 2023
* Goldman Sachs, Citigroupand Bank of America to report earnings today
* Asian markets follow Wall Street higher; Nikkei up over a percent
* GIFT Nifty signals higher start
* Dollar jumps to 9-week high
2979
* Gold edges lower as US dollar rally curbs upside
* US crude falls over 2% after OPEC cuts demand forecast again; Brent back around $75
Hyundai Motor India, the country’s second-largest car maker, has mobilsed Rs 8,315.3 crore from 225 anchor investors on October 14, a day before the public issue opening. It is a part of South Korea-based Hyundai Motor Company, which also owns Kia Motors and Kia Corporation.
Nifty 50 is likely to continue its upward rally given the beginning of momentum and a fall in volatility.
Trends on GIFT Nifty indicate a positive start for the broader index in India, with a gain of 19.5 points or 0.08 percent. The Nifty futures were trading around 25,242.5 level.
