All three major US stock indexes reported large intraday comebacks with the help of dip-buyers on Wednesday, overcoming earlier weakness seen following the release of the August consumer-price index. A rally in the world’s largest technology companies spurred a stock-market rebound in a volatile session. It was the first time since October 2022 that each gauge erased an intraday loss of at least 1.5%.

Political developments also drove market sentiment the day after Democrat candidate Kamala Harris put her Republican rival Donald Trump on the defensive in a combative U.S. presidential debate.

Investors are now awaiting a policy decision from the European Central Bank later in the day where a rate cut is almost a certainty, but the question remains whether it would move again in both October and December.

GE T&D India Ltd. received an order worth Euro 100 million

Bharat Electronics secures Rs 1,155 crore orders

Ceat commissions new line at Chennai plant to produce truck, bus radial tyres

Stocks in Asia rose Thursday as a tech-fueled rally on Wall Street spread across the region.

After a subdued start on Sept 11, Nifty registered a recovery of more than 130 points from the first five minute’s low. However, Nifty failed to surpass previous day’s high of 25130 and reversed south in the second half. Nifty finally ended the day with the losses of 122 points or 0.49% at 24918 levels. Recent swing low 24753 is expected to offer short term support to the Nifty. On the higher side 25200 becomes strong resistance in Nifty.

Indian markets could open higher, in line with higher Asian markets today and positive US markets on Sept 11